Ingram Micro (NYSE:INGM) Stock Lifted to Strong-Buy by Wall Street Zen

Ingram Micro (NYSE:INGM) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday, Wall Street Zen reports.

A number of other research firms have also recently commented on INGM. Deutsche Bank Aktiengesellschaft began coverage on Ingram Micro in a research note on Monday, August 31st. They issued a “hold” rating and a $30.00 target price for the company. The Goldman Sachs Group reiterated a “neutral” rating and issued a $33.00 price objective on shares of Ingram Micro in a report on Friday, July 31st. Morgan Stanley lowered their price objective on Ingram Micro from $33.00 to $30.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 16th. Zacks Research cut shares of Ingram Micro from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, Weiss Ratings raised shares of Ingram Micro from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $30.50.

Ingram Micro Trading Down 0.6%

Shares of INGM opened at $28.43 on Friday. The stock has a market capitalization of $6.56 billion, a P/E ratio of 8.32, a PEG ratio of 0.74 and a beta of 1.76. 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 firm has a fifty day simple moving average of $27.58 and a two-hundred day simple moving average of $26.32. Ingram Micro has a twelve month low of $19.03 and a twelve month high of $31.69.

Ingram Micro (NYSE:INGM) last released its quarterly earnings data on Thursday, October 29th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.13. Ingram Micro had a net margin of 0.79% and a return on equity of 18.90%. The firm had revenue of $15.22 billion for the quarter, compared to analysts’ expectations of $13.83 billion. During the same quarter in the previous year, the company earned $0.72 earnings per share. On average, research analysts anticipate that Ingram Micro will post 3.40 EPS for the current year.

Insider Activity at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 1,968,750 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $27.19, for a total transaction of $53,530,312.50. Following the sale, the insider owned 162,372,569 shares in the company, valued at $4,414,910,151.11. This represents a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.95% of the stock is currently owned by insiders.

Institutional Trading of Ingram Micro

Several institutional investors have recently added to or reduced their stakes in INGM. Allworth Financial LP grew its position in Ingram Micro by 72.9% during the second quarter. Allworth Financial LP now owns 1,290 shares of the company’s stock valued at $35,000 after buying an additional 544 shares during the period. Pullen Investment Management LLC increased its holdings in Ingram Micro by 0.6% during the third quarter. Pullen Investment Management LLC now owns 134,161 shares of the company’s stock valued at $3,597,000 after buying an additional 859 shares during the last quarter. Royal Bank of Canada raised its position in Ingram Micro by 252.2% in the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock worth $34,000 after acquiring an additional 1,054 shares during the period. Covestor Ltd raised its position in Ingram Micro by 31.9% in the third quarter. Covestor Ltd now owns 5,158 shares of the company’s stock worth $138,000 after acquiring an additional 1,247 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Ingram Micro during the 2nd quarter worth $38,000.

Key Stories Impacting Ingram Micro

Here are the key news stories impacting Ingram Micro this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Ingram Micro reported adjusted earnings of $0.91 per share, up from $0.72 a year earlier and ahead of the $0.78 consensus estimate. Revenue reached $15.22 billion, surpassing estimates of $13.83 billion. Ingram Micro Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management issued optimistic revenue guidance for the following quarter. The strong quarter and favorable outlook reinforce expectations for continued business momentum. Ingram Micro Reports Strong Q3 and Optimistic Guidance
• Positive Sentiment: Ingram Micro increased its quarterly dividend. The dividend rises 2.3% to $0.088 per share, or $0.35 annualized, representing a yield of approximately 1.2%. Investors of record on November 9 will receive payment on November 23. Ingram Micro Announces Record Q3 Results and Dividend Increase
• Neutral Sentiment: The company’s net margin remained thin at 0.77%, which is typical of the distribution business but leaves profitability sensitive to operating costs and changes in demand. Management’s earnings call provided additional context on results and the outlook. Ingram Micro Q3 2026 Earnings Call Transcript

About Ingram Micro

Ingram Micro Inc is a global technology distribution and services company that connects technology manufacturers with businesses, resellers, systems integrators and other channel partners. Its portfolio includes hardware, software, cloud solutions, cybersecurity products, networking equipment, data-center technologies and communications solutions.

The company also provides value-added services such as cloud marketplace management, device lifecycle services, logistics, fulfillment, financing support, technical assistance and professional services.