Quantbot Technologies LP Takes $1.28 Million Position in Ingram Micro Holding Corporation $INGM

Quantbot Technologies LP purchased a new position in Ingram Micro Holding Corporation (NYSE:INGM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 46,630 shares of the company’s stock, valued at approximately $1,279,000.

Several other large investors also recently modified their holdings of the company. Allworth Financial LP purchased a new stake in Ingram Micro during the second quarter valued at $35,000. Denali Advisors LLC purchased a new position in Ingram Micro in the second quarter worth about $278,000. Meeder Asset Management Inc. bought a new stake in shares of Ingram Micro during the 2nd quarter valued at about $44,000. BlackRock Inc. bought a new stake in shares of Ingram Micro during the 2nd quarter valued at about $35,663,000. Finally, Deutsche Bank AG purchased a new stake in shares of Ingram Micro during the 2nd quarter valued at about $6,909,000.

Wall Street Analysts Forecast Growth

INGM has been the topic of a number of research reports. Wall Street Zen downgraded shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Truist Financial upped their target price on shares of Ingram Micro from $29.00 to $31.00 and gave the company a “hold” rating in a report on Tuesday, August 4th. Weiss Ratings downgraded shares of Ingram Micro from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Morgan Stanley lifted their price target on shares of Ingram Micro from $27.50 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $33.00 price objective on shares of Ingram Micro in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ingram Micro currently has an average rating of “Hold” and a consensus target price of $31.00.

Insiders Place Their Bets

In other news, VP Augusto Aragone sold 10,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00. Following the sale, the vice president directly owned 140,465 shares in the company, valued at $4,213,950. This trade represents a 6.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Ingram Micro stock in a transaction on Monday, June 15th. The shares were 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 in the company, valued at approximately $5,151,847,240.57. This trade represents a 2.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 5,227,069 shares of company stock valued at $151,765,013. Corporate insiders own 0.95% of the company’s stock.

Ingram Micro Stock Up 4.7%

INGM stock opened at $29.11 on Wednesday. Ingram Micro Holding Corporation has a twelve month low of $18.77 and a twelve month high of $31.69. The company has a quick ratio of 0.88, a current ratio of 1.31 and a debt-to-equity ratio of 0.60. The stock has a market cap of $6.71 billion, a P/E ratio of 15.91, a PEG ratio of 0.68 and a beta of 1.75. The business’s 50-day moving average price is $28.27 and its 200-day moving average price is $26.47.

Ingram Micro (NYSE:INGM) last released its earnings results on Thursday, July 30th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.08. Ingram Micro had a net margin of 0.77% and a return on equity of 18.07%. The company had revenue of $14.53 billion during the quarter, compared to analyst estimates of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities research analysts forecast that Ingram Micro Holding Corporation will post 3.37 EPS for the current year.

Ingram Micro Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th were given a $0.086 dividend. The ex-dividend date was Tuesday, August 11th. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.2%. Ingram Micro’s dividend payout ratio (DPR) is currently 18.58%.

Ingram Micro 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.