Ingram Micro Holding Corporation (NYSE:INGM) Given Consensus Rating of “Hold” by Brokerages

Ingram Micro Holding Corporation (NYSE:INGM) has been given an average rating of “Hold” by the eleven ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $24.5556.

Several brokerages have recently weighed in on INGM. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingram Micro in a research report on Monday, December 22nd. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $24.00 price objective on shares of Ingram Micro in a report on Monday, December 15th. Wall Street Zen raised Ingram Micro from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Royal Bank Of Canada restated an “outperform” rating and set a $24.00 target price on shares of Ingram Micro in a research report on Monday, December 22nd. Finally, 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.

Institutional Trading of Ingram Micro

Several large investors have recently added to or reduced their stakes in the company. CWM LLC raised its stake in shares of Ingram Micro by 125.7% in the second quarter. CWM LLC now owns 3,333 shares of the company’s stock valued at $69,000 after acquiring an additional 1,856 shares during the last quarter. Comerica Bank increased its holdings in Ingram Micro by 2,844.2% during the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after purchasing an additional 3,669 shares in the last quarter. Aquatic Capital Management LLC bought a new position in Ingram Micro in the 3rd quarter valued at $110,000. PNC Financial Services Group Inc. boosted its stake in Ingram Micro by 855.8% in 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 in the last quarter. Finally, 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 worth $133,000 after purchasing an additional 917 shares during the last quarter.

Ingram Micro Stock Performance

INGM opened at $22.14 on Tuesday. The stock’s 50 day simple moving average is $21.70 and its 200-day simple moving average is $20.87. The company has a current ratio of 1.41, a quick ratio of 0.95 and a debt-to-equity ratio of 0.75. The stock has a market cap of $5.20 billion, a PE ratio of 18.00, a P/E/G ratio of 0.87 and a beta of 2.36. Ingram Micro has a 1 year low of $14.25 and a 1 year high of $24.81.

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

Ingram Micro Increases Dividend

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

Ingram Micro Company 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.