Capital World Investors Acquires 302,858 Shares of Ingram Micro Holding Corporation $INGM

Capital World Investors boosted its holdings in shares of Ingram Micro Holding Corporation (NYSE:INGM) by 12.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,642,029 shares of the company’s stock after buying an additional 302,858 shares during the period. Capital World Investors’ holdings in Ingram Micro were worth $56,381,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Comerica Bank boosted its stake in Ingram Micro by 2,844.2% during the third quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after buying an additional 3,669 shares during the period. CWM LLC boosted its stake in Ingram Micro by 20.5% during the fourth quarter. CWM LLC now owns 4,144 shares of the company’s stock valued at $88,000 after buying an additional 705 shares during the period. Aquatic Capital Management LLC bought a new stake in Ingram Micro during the third quarter worth about $110,000. PNC Financial Services Group Inc. lifted its stake in Ingram Micro by 855.8% during the third quarter. PNC Financial Services Group Inc. now owns 5,400 shares of the company’s stock worth $116,000 after purchasing an additional 4,835 shares during the last quarter. Finally, Covestor Ltd lifted its stake in Ingram Micro by 15.4% during the fourth quarter. Covestor Ltd now owns 5,669 shares of the company’s stock worth $121,000 after purchasing an additional 756 shares during the last quarter.

Analyst Ratings Changes

INGM has been the subject of several research analyst reports. Zacks Research raised Ingram Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Wall Street Zen lowered Ingram Micro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings raised Ingram Micro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Truist Financial lifted their price target on Ingram Micro from $25.00 to $29.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada boosted their target price on Ingram Micro from $24.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, April 21st. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Ingram Micro currently has a consensus rating of “Hold” and a consensus target price of $28.86.

Ingram Micro Trading Down 1.4%

NYSE INGM opened at $29.13 on Wednesday. Ingram Micro Holding Corporation has a 1-year low of $18.09 and a 1-year high of $31.69. The company has a current ratio of 1.31, a quick ratio of 0.93 and a debt-to-equity ratio of 0.61. The stock has a 50-day moving average of $27.69 and a 200-day moving average of $23.83. The firm has a market cap of $6.75 billion, a PE ratio of 19.29, a price-to-earnings-growth ratio of 0.86 and a beta of 1.78.

Ingram Micro (NYSE:INGM) last released its earnings results on Thursday, April 30th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.05. Ingram Micro had a return on equity of 17.19% and a net margin of 0.66%.The company had revenue of $13.96 billion during the quarter, compared to analyst estimates of $12.76 billion. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. As a group, sell-side analysts forecast that Ingram Micro Holding Corporation will post 3.27 EPS for the current year.

Ingram Micro declared that its Board of Directors has initiated a share repurchase plan on Monday, March 2nd that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 2% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Ingram Micro Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 12th were issued a dividend of $0.084 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.34 dividend on an annualized basis and a yield of 1.2%. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio (DPR) is presently 22.52%.

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.