Ingram Micro (NYSE:INGM) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Ingram Micro (NYSE:INGM) from a buy rating to a strong-buy rating in a research report report published on Saturday.

A number of other research firms have also recently commented on INGM. Zacks Research upgraded Ingram Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Morgan Stanley lifted their price objective on Ingram Micro from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $24.00 price objective on shares of Ingram Micro in a report on Monday, December 15th. William Blair reissued an “outperform” rating on shares of Ingram Micro in a research note on Tuesday. Finally, Raymond James Financial set a $27.00 target price on Ingram Micro in a research report on Tuesday. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Ingram Micro presently has an average rating of “Hold” and an average price target of $24.43.

Ingram Micro Price Performance

Shares of INGM opened at $22.02 on Friday. The firm has a 50-day simple moving average of $21.54 and a two-hundred day simple moving average of $21.35. The stock has a market cap of $5.18 billion, a PE ratio of 15.96, a P/E/G ratio of 0.75 and a beta of 2.27. Ingram Micro has a 1-year low of $14.25 and a 1-year high of $26.38. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.33 and a quick ratio of 0.95.

Ingram Micro (NYSE:INGM) last issued its quarterly earnings data on Monday, March 2nd. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.90 by $0.06. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.18 billion. Ingram Micro had a net margin of 0.62% and a return on equity of 16.78%. Ingram Micro’s quarterly revenue was up 11.5% on a year-over-year basis. As a group, analysts forecast that Ingram Micro will post 2.71 EPS for the current year.

Ingram Micro Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be paid a $0.082 dividend. The ex-dividend date is Tuesday, March 10th. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.33 annualized dividend and a dividend yield of 1.5%. Ingram Micro’s payout ratio is 23.19%.

Ingram Micro declared that its board has initiated a share buyback plan on Monday, March 2nd that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Ingram Micro

Large investors have recently bought and sold shares of the stock. Balyasny Asset Management L.P. grew its position in shares of Ingram Micro by 1.4% during the fourth quarter. Balyasny Asset Management L.P. now owns 48,618 shares of the company’s stock worth $1,038,000 after buying an additional 658 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 worth $88,000 after acquiring an additional 705 shares during the last quarter. Gotham Asset Management LLC lifted its stake in Ingram Micro by 1.0% in the fourth quarter. Gotham Asset Management LLC now owns 77,662 shares of the company’s stock worth $1,657,000 after acquiring an additional 732 shares during the last quarter. Covestor Ltd grew its holdings in Ingram Micro by 15.4% during the 4th quarter. Covestor Ltd now owns 5,669 shares of the company’s stock worth $121,000 after acquiring an additional 756 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Ingram Micro by 6.3% in the 2nd quarter. Rhumbline Advisers now owns 13,646 shares of the company’s stock valued at $284,000 after purchasing an additional 803 shares during the last quarter.

Key Headlines Impacting Ingram Micro

Here are the key news stories impacting Ingram Micro this week:

• Positive Sentiment: Better-than-expected results and record Q4 — 2025 net sales rose ~9.5% to $52.6B, supporting earnings momentum and valuation. Ingram Micro (INGM) 2025 Net Sales Grow 9.5% to $52.6B on Record Q4 Performance
• Positive Sentiment: Share repurchase announced ($100M) provides capital-return support and offsets dilution over time. Ingram Micro (NYSE:INGM) to Repurchase $100.00 million in Shares
• Positive Sentiment: Analyst activity lifted interest — Morgan Stanley raised its target and an upgrade pushed volume higher, which can help liquidity and longer-term price discovery. Morgan Stanley Raises Ingram Micro (NYSE:INGM) Price Target to $23.00 Ingram Micro (NYSE:INGM) Sees Large Volume Increase After Analyst Upgrade
• Neutral Sentiment: Evercore ISI maintained a Hold rating — mixed analyst views suggest no consensus breakout catalyst. Evercore ISI Sticks to Its Hold Rating for Ingram Micro Holding Corporation (INGM)
• Neutral Sentiment: Analyst/market pieces assessing valuation after recent momentum; useful for longer-term context but not an immediate price driver. Assessing Ingram Micro Holding (INGM) Valuation After Recent Share Price Momentum
• Negative Sentiment: Secondary offering priced at $22.25 for 8,988,764 shares by the principal stockholder creates immediate selling pressure and potential dilution; large block sale from an insider/affiliate is weighed negatively by the market. Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder.
• Negative Sentiment: Market reaction: shares fell in premarket trading as investors digested the offering and heavy volume, signaling immediate downside risk until the new supply is absorbed. Ingram Micro shares fall 12.8% premarket after secondary offering
• Negative Sentiment: Company disclosed the $200M offering with underwriter 30-day option, which could increase available shares and extend selling pressure near term. Ingram Micro Holding Corporation Announces Launch of Secondary Offering of $200 Million of Common Stock by its Principal Stockholder and a Concurrent Stock Repurchase

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.