Synergy Asset Management LLC Acquires New Shares in Ingram Micro Holding Corporation $INGM

Synergy Asset Management LLC bought a new position in shares of Ingram Micro Holding Corporation (NYSE:INGM) during the 3rd quarter, Holdings Channel.com reports. The firm bought 105,243 shares of the company’s stock, valued at approximately $2,262,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in INGM. CWM LLC boosted its stake in shares of Ingram Micro by 125.7% during the 2nd 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. Public Employees Retirement System of Ohio lifted its holdings in Ingram Micro by 16.8% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,369 shares of the company’s stock worth $133,000 after purchasing an additional 917 shares during the last quarter. Parallel Advisors LLC boosted its position in Ingram Micro by 563.3% during the second quarter. Parallel Advisors LLC now owns 7,422 shares of the company’s stock worth $155,000 after purchasing an additional 6,303 shares during the period. Crossingbridge Advisors LLC acquired a new position in Ingram Micro during the second quarter valued at approximately $206,000. Finally, Rhumbline Advisers raised its position in shares of Ingram Micro by 46.0% in the first quarter. Rhumbline Advisers now owns 12,843 shares of the company’s stock valued at $228,000 after purchasing an additional 4,044 shares during the period.

Ingram Micro Stock Down 0.3%

INGM stock opened at $21.29 on Friday. Ingram Micro Holding Corporation has a twelve month low of $14.25 and a twelve month high of $24.81. 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 company has a market cap of $5.00 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 0.76 and a beta of 2.32. The business’s 50-day simple moving average is $21.68 and its 200 day simple moving average is $20.95.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. Ingram Micro had a return on equity of 17.03% and a net margin of 0.57%.The firm had revenue of $12.60 billion during the quarter, compared to analysts’ expectations of $12.21 billion. Ingram Micro has set its Q4 2025 guidance at 0.850-0.950 EPS. On average, research analysts anticipate that Ingram Micro Holding Corporation will post 2.71 earnings per share for the current year.

Ingram Micro Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Monday, November 10th were issued a $0.08 dividend. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.32 annualized dividend and a yield of 1.5%. Ingram Micro’s payout ratio is presently 26.02%.

Analyst Ratings Changes

INGM has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingram Micro in a research note on Monday, December 29th. Morgan Stanley lowered their price target on Ingram Micro from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. Wall Street Zen lowered Ingram Micro from a “buy” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. restated an “underweight” rating and set a $24.00 target price on shares of Ingram Micro in a research note on Monday, December 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $24.00 price target on shares of Ingram Micro in a research report on Monday, December 22nd. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $24.56.

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.