OMERS ADMINISTRATION Corp Buys Shares of 26,300 Ingram Micro Holding Corporation $INGM

OMERS ADMINISTRATION Corp purchased a new stake in Ingram Micro Holding Corporation (NYSE:INGM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 26,300 shares of the company’s stock, valued at approximately $721,000.

A number of other institutional investors also recently modified their holdings of INGM. Bank of Nova Scotia acquired a new stake in Ingram Micro in the second quarter valued at about $1,299,000. Quantbot Technologies LP acquired a new position in Ingram Micro during the second quarter worth about $1,279,000. Allworth Financial LP acquired a new position in Ingram Micro during the second quarter worth about $35,000. Denali Advisors LLC bought a new position in shares of Ingram Micro in the second quarter worth about $278,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Ingram Micro during the 2nd quarter valued at approximately $44,000.

Insider Transactions at Ingram Micro

In other Ingram Micro news, VP Augusto Aragone sold 50,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $29.30, for a total transaction of $1,465,000.00. Following the completion of the sale, the vice president owned 150,465 shares of the company’s stock, valued at approximately $4,408,624.50. This represents a 24.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $29.03, for a total transaction of $150,000,013.07. Following the transaction, the insider owned 177,466,319 shares of the company’s stock, valued at approximately $5,151,847,240.57. The trade was a 2.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 5,227,069 shares of company stock valued at $151,765,013 over the last 90 days. 0.95% of the stock is owned by corporate insiders.

Ingram Micro Price Performance

Shares of NYSE:INGM opened at $29.35 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.88 and a current ratio of 1.31. Ingram Micro Holding Corporation has a 52 week low of $18.77 and a 52 week high of $31.69. The firm has a market cap of $6.77 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 0.71 and a beta of 1.75. The firm’s fifty day moving average is $28.30 and its 200-day moving average is $26.58.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. The business had revenue of $14.53 billion during the quarter, compared to the consensus estimate of $13.85 billion. Ingram Micro had a return on equity of 18.07% and a net margin of 0.77%.Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Sell-side analysts predict that Ingram Micro Holding Corporation will post 3.37 earnings per share for the current year.

Ingram Micro Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th were paid a $0.086 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a dividend yield of 1.2%. Ingram Micro’s payout ratio is currently 18.58%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Truist Financial upped their price objective on shares of Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, August 4th. Raymond James Financial reaffirmed an “outperform” rating and set a $34.00 target price on shares of Ingram Micro in a research note on Friday, May 1st. Morgan Stanley upped their price target on shares of Ingram Micro from $27.50 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $33.00 price target on shares of Ingram Micro in a research note on Friday, July 31st. Finally, Weiss Ratings downgraded Ingram Micro from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ingram Micro has a consensus rating of “Hold” and a consensus price target of $31.00.

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.