Walleye Capital LLC Has $1.24 Million Holdings in Ingram Micro Holding Corporation $INGM

Walleye Capital LLC grew its position in shares of Ingram Micro Holding Corporation (NYSE:INGMFree Report) by 69.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,649 shares of the company’s stock after acquiring an additional 24,442 shares during the quarter. Walleye Capital LLC’s holdings in Ingram Micro were worth $1,243,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Rhumbline Advisers grew its position in 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 period. Public Employees Retirement System of Ohio grew its holdings in shares of Ingram Micro by 16.8% during the second quarter. Public Employees Retirement System of Ohio now owns 6,369 shares of the company’s stock valued at $133,000 after buying an additional 917 shares during the last quarter. CWM LLC increased its position in shares of Ingram Micro by 125.7% during the second quarter. CWM LLC now owns 3,333 shares of the company’s stock worth $69,000 after acquiring an additional 1,856 shares in the last quarter. Covestor Ltd acquired a new stake in shares of Ingram Micro in the 1st quarter worth about $88,000. Finally, Franklin Resources Inc. lifted its position in Ingram Micro by 54.0% in the 2nd quarter. Franklin Resources Inc. now owns 17,682 shares of the company’s stock valued at $368,000 after acquiring an additional 6,199 shares in the last quarter.

Analyst Ratings Changes

A number of analysts have commented on the company. Wall Street Zen raised Ingram Micro from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Ingram Micro in a research report on Monday. Finally, Zacks Research raised shares of Ingram Micro from a “strong sell” rating to a “hold” rating in a report on Friday, August 22nd. Six research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $25.11.

Get Our Latest Stock Analysis on Ingram Micro

Ingram Micro Stock Up 3.5%

INGM stock opened at $22.59 on Wednesday. The firm has a market capitalization of $5.31 billion, a PE ratio of 18.36, a PEG ratio of 0.86 and a beta of 2.36. The company has a quick ratio of 0.95, a current ratio of 1.41 and a debt-to-equity ratio of 0.75. The stock has a 50-day simple moving average of $21.54 and a two-hundred day simple moving average of $20.63. Ingram Micro Holding Corporation has a twelve month low of $14.25 and a twelve month high of $24.81.

Ingram Micro (NYSE:INGMGet Free Report) last announced its earnings results on Thursday, October 30th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. Ingram Micro had a net margin of 0.57% and a return on equity of 17.03%. The company had revenue of $12.60 billion during the quarter, compared to analyst estimates of $12.21 billion. Ingram Micro has set its Q4 2025 guidance at 0.850-0.950 EPS. On average, equities analysts predict that Ingram Micro Holding Corporation will post 2.71 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Monday, November 10th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, November 10th. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.32 annualized dividend and a yield of 1.4%. Ingram Micro’s payout ratio is presently 26.02%.

Ingram Micro Company Profile

(Free Report)

Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world’s leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve.

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Institutional Ownership by Quarter for Ingram Micro (NYSE:INGM)

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