Ingram Micro Holding Corporation (NYSE:INGM) Receives $30.29 Consensus Target Price from Analysts

Shares of Ingram Micro Holding Corporation (NYSE:INGM) have earned an average rating of “Hold” from the nine research firms that are currently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $30.2857.

Several research firms recently issued reports on INGM. JPMorgan Chase & Co. raised Ingram Micro from an “underweight” rating to a “neutral” rating and set a $27.00 target price on the stock in a research report on Wednesday, May 27th. Royal Bank Of Canada lifted their price target on Ingram Micro from $24.00 to $33.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group boosted their price target on Ingram Micro from $25.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Raymond James Financial reissued an “outperform” rating and issued a $34.00 price objective on shares of Ingram Micro in a report on Friday, May 1st. Finally, Morgan Stanley raised their price objective on Ingram Micro from $27.50 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd.

Insider Buying and Selling at Ingram Micro

In other news, VP Augusto Aragone sold 10,000 shares of the stock in a transaction 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 sale, the vice president owned 140,465 shares in the company, valued at $4,213,950. This represents a 6.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $29.03, for a total transaction of $150,000,013.07. Following the transaction, the insider directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,227,069 shares of company stock worth $151,765,013 over the last ninety days. Insiders own 0.95% of the company’s stock.

Institutional Trading of Ingram Micro

A number of hedge funds have recently modified their holdings of INGM. Royal Bank of Canada raised its position in Ingram Micro by 252.2% during the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock valued at $34,000 after acquiring an additional 1,054 shares in the last quarter. Comerica Bank boosted its position in Ingram Micro by 2,844.2% in the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock worth $82,000 after purchasing an additional 3,669 shares in the last quarter. CWM LLC grew its stake in shares of Ingram Micro by 20.5% during the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after purchasing an additional 705 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Ingram Micro by 33.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,136 shares of the company’s stock valued at $88,000 after purchasing an additional 1,031 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of Ingram Micro during the 4th quarter valued at approximately $94,000.

Ingram Micro Stock Performance

Shares of Ingram Micro stock opened at $29.25 on Friday. The company has a 50 day moving average price of $27.89 and a 200 day moving average price of $25.05. The firm has a market capitalization of $6.78 billion, a P/E ratio of 19.37, a PEG ratio of 0.85 and a beta of 1.78. The company has a quick ratio of 0.93, a current ratio of 1.31 and a debt-to-equity ratio of 0.61. Ingram Micro has a 52 week low of $18.09 and a 52 week high of $31.69.

Ingram Micro (NYSE:INGM) last released its earnings results on Thursday, April 30th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.05. The company had revenue of $13.96 billion for the quarter, compared to the consensus estimate of $12.76 billion. Ingram Micro had a net margin of 0.66% and a return on equity of 17.19%. The company’s quarterly revenue was up 13.7% on a year-over-year basis. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. Sell-side analysts expect that Ingram Micro will post 3.29 EPS for the current year.

Ingram Micro Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.084 per share. This represents a $0.34 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, May 12th. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio (DPR) is presently 22.52%.

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.