Platinum Equity Advisors LLC DE Acquires New Stake in Ingram Micro Holding Corporation $INGM

Platinum Equity Advisors LLC DE acquired a new stake in Ingram Micro Holding Corporation (NYSE:INGM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 177,466,319 shares of the company’s stock, valued at approximately $4,867,901,130,000. Ingram Micro accounts for approximately 54.3% of Platinum Equity Advisors LLC DE’s holdings, making the stock its biggest holding. Platinum Equity Advisors LLC DE owned about 76.94% of Ingram Micro as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in INGM. Victory Capital Management Inc. grew its holdings in Ingram Micro by 27.5% during the fourth quarter. Victory Capital Management Inc. now owns 3,126,480 shares of the company’s stock worth $66,719,000 after acquiring an additional 673,840 shares during the period. Wellington Management Group LLP increased its holdings in shares of Ingram Micro by 26.4% in the 4th quarter. Wellington Management Group LLP now owns 2,663,257 shares of the company’s stock valued at $56,834,000 after purchasing an additional 556,931 shares in the last quarter. Capital World Investors lifted its stake in shares of Ingram Micro by 12.9% in the fourth quarter. Capital World Investors now owns 2,642,029 shares of the company’s stock valued at $56,381,000 after purchasing an additional 302,858 shares during the period. Lind Value II ApS lifted its stake in shares of Ingram Micro by 10.1% in the fourth quarter. Lind Value II ApS now owns 2,419,546 shares of the company’s stock valued at $51,633,000 after purchasing an additional 220,979 shares during the period. Finally, River Road Asset Management LLC boosted its holdings in Ingram Micro by 87.0% during the fourth quarter. River Road Asset Management LLC now owns 1,332,690 shares of the company’s stock worth $28,440,000 after buying an additional 620,147 shares in the last quarter.

Insider Activity

In related news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Augusto Aragone sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $29.30, for a total transaction of $1,465,000.00. Following the completion of the sale, the vice president owned 150,465 shares of the company’s stock, valued at approximately $4,408,624.50. The trade was a 24.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 5,227,069 shares of company stock worth $151,765,013. Insiders own 0.95% of the company’s stock.

Analyst Ratings Changes

INGM has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Morgan Stanley lifted their price objective on Ingram Micro from $27.50 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Raymond James Financial reissued an “outperform” rating and issued a $34.00 target price on shares of Ingram Micro in a report on Friday, May 1st. Weiss Ratings cut Ingram Micro from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Finally, Truist Financial boosted their price objective on shares of Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $31.00.

Ingram Micro Trading Up 0.2%

Shares of INGM opened at $29.07 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.31 and a quick ratio of 0.88. Ingram Micro Holding Corporation has a 1-year low of $18.77 and a 1-year high of $31.69. The stock has a market cap of $6.71 billion, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 0.71 and a beta of 1.75. The firm has a 50 day simple moving average of $28.28 and a 200-day simple moving average of $26.52.

Ingram Micro (NYSE:INGM) last announced its earnings results on Thursday, July 30th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. Ingram Micro had a return on equity of 18.07% and a net margin of 0.77%.The firm had revenue of $14.53 billion for the quarter, compared to analysts’ expectations of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts forecast that Ingram Micro Holding Corporation will post 3.37 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th were paid a $0.086 dividend. This represents a $0.34 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, August 11th. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio is presently 18.58%.

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.