Ingram Micro Holding Corporation (NYSE:INGM) Receives Consensus Rating of “Hold” from Analysts

Shares of Ingram Micro Holding Corporation (NYSE:INGM) have been given an average recommendation of “Hold” by the nine brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $28.7143.

Several equities research analysts have weighed in on the stock. Wall Street Zen cut shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. raised their target price on shares of Ingram Micro from $24.00 to $26.00 and gave the company an “underweight” rating in a research note on Monday, May 4th. Royal Bank Of Canada raised their target price on shares of Ingram Micro from $24.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, April 21st. Truist Financial raised their target price on shares of Ingram Micro from $25.00 to $29.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Finally, William Blair reaffirmed an “outperform” rating on shares of Ingram Micro in a research note on Tuesday, March 3rd.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of INGM. Royal Bank of Canada lifted its stake in Ingram Micro by 252.2% in the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock valued at $34,000 after buying an additional 1,054 shares in the last quarter. Comerica Bank lifted its stake in Ingram Micro by 2,844.2% in the third quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after buying an additional 3,669 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Ingram Micro by 33.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,136 shares of the company’s stock valued at $88,000 after buying an additional 1,031 shares in the last quarter. CWM LLC lifted its stake in Ingram Micro by 20.5% in the fourth quarter. CWM LLC now owns 4,144 shares of the company’s stock valued at $88,000 after buying an additional 705 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in Ingram Micro in the fourth quarter valued at approximately $94,000.

Ingram Micro Trading Up 1.2%

INGM opened at $26.97 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.93 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $6.25 billion, a PE ratio of 17.86, a PEG ratio of 0.78 and a beta of 2.00. Ingram Micro has a 1-year low of $18.09 and a 1-year high of $31.38. The firm has a 50-day moving average price of $26.27 and a two-hundred day moving average price of $23.23.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.05. The firm had revenue of $13.96 billion during the quarter, compared to analysts’ expectations of $12.76 billion. Ingram Micro had a net margin of 0.66% and a return on equity of 17.19%. The business’s revenue was up 13.7% compared to the same quarter last year. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. As a group, equities analysts anticipate that Ingram Micro will post 3.25 earnings per share for the current fiscal year.

Ingram Micro Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th were paid a $0.084 dividend. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.34 annualized dividend and a dividend yield of 1.2%. Ingram Micro’s payout ratio is 22.52%.

Ingram Micro declared that its Board of Directors has initiated a stock repurchase plan on Monday, March 2nd that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Ingram Micro Company Profile

Ingram Micro, headquartered in Irvine, California, is a global technology distributor and supply chain services provider. Listed on the New York Stock Exchange under the ticker INGM, the company connects leading technology manufacturers, cloud providers and channel partners through an integrated portfolio of products and services. Ingram Micro’s end-to-end solutions span product distribution, cloud enablement, e-commerce, logistics and lifecycle management, enabling customers of all sizes to bring new technology to market efficiently.

The company’s offerings are organized across several core areas.