Susquehanna Fundamental Investments LLC Purchases 160,642 Shares of Ingram Micro Holding Corporation $INGM

Susquehanna Fundamental Investments LLC raised its position in Ingram Micro Holding Corporation (NYSE:INGM) by 1,303.4% in the second quarter, HoldingsChannel.com reports. The fund owned 172,967 shares of the company’s stock after purchasing an additional 160,642 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Ingram Micro were worth $4,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Susquehanna International Group LLP raised its holdings in shares of Ingram Micro by 61.5% in the 2nd quarter. Susquehanna International Group LLP now owns 21,639 shares of the company’s stock valued at $594,000 after purchasing an additional 8,239 shares during the period. Hsbc Holdings PLC bought a new position in Ingram Micro during the second quarter worth about $3,690,000. Empowered Funds LLC bought a new position in Ingram Micro during the second quarter worth about $4,940,000. Public Employees Retirement System of Ohio bought a new stake in Ingram Micro in the second quarter valued at approximately $344,000. Finally, Capstone Investment Advisors LLC bought a new stake in Ingram Micro in the second quarter valued at approximately $285,000.

Analysts Set New Price Targets

INGM has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and set a $33.00 target price on shares of Ingram Micro in a research note on Friday, July 31st. JPMorgan Chase & Co. raised Ingram Micro from an “underweight” rating to a “neutral” rating and set a $27.00 price target for the company in a report on Wednesday, May 27th. Zacks Research cut shares of Ingram Micro from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft started coverage on shares of Ingram Micro in a report on Monday. They issued a “hold” rating and a $30.00 price objective on the stock. Finally, Morgan Stanley increased their price objective on shares of Ingram Micro from $27.50 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Ingram Micro currently has a consensus rating of “Hold” and an average price target of $30.88.

Ingram Micro Stock Performance

NYSE:INGM opened at $28.36 on Tuesday. The stock has a 50 day simple moving average of $28.31 and a 200 day simple moving average of $26.68. The stock has a market cap of $6.54 billion, a P/E ratio of 15.50, a PEG ratio of 0.70 and a beta of 1.75. Ingram Micro Holding Corporation has a 1-year low of $18.77 and a 1-year high of $31.69. The company has a current ratio of 1.31, a quick ratio of 0.88 and a debt-to-equity ratio of 0.60.

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

Ingram Micro Increases Dividend

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

Insider Activity

In other news, VP Augusto Aragone sold 10,000 shares of Ingram Micro stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $30.00, for a total value of $300,000.00. Following the completion of the sale, the vice president directly owned 140,465 shares in the company, valued at approximately $4,213,950. The trade was a 6.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the completion of the sale, the insider owned 177,466,319 shares of the company’s stock, valued at approximately $5,151,847,240.57. This trade represents a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 5,227,069 shares of company stock valued at $151,765,013 in the last quarter. Corporate insiders own 0.95% of the company’s stock.

About Ingram Micro

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.