Platinum Equity Advisors LLC DE Makes New Investment in Ingram Micro Holding Corporation $INGM

Platinum Equity Advisors LLC DE purchased a new stake in Ingram Micro Holding Corporation (NYSE:INGM) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 177,466,319 shares of the company’s stock, valued at approximately $4,867,901,130. Ingram Micro makes up approximately 0.1% of Platinum Equity Advisors LLC DE’s investment portfolio, making the stock its largest holding. Platinum Equity Advisors LLC DE owned approximately 76.94% of Ingram Micro at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE purchased a new position in shares of Ingram Micro during the 2nd quarter valued at $18,940,000. Man Group plc purchased a new position in Ingram Micro in the 2nd quarter worth approximately $1,389,000. Hsbc Holdings PLC purchased a new position in Ingram Micro in the second quarter valued at $3,690,000. PDT Partners LLC acquired a new position in shares of Ingram Micro during the 2nd quarter worth $280,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Ingram Micro during the 2nd quarter valued at about $705,000.

Insider Transactions at Ingram Micro

In other Ingram Micro news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of Ingram Micro stock in a transaction dated 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 completion of the sale, the insider owned 177,466,319 shares in the company, valued at $5,151,847,240.57. The trade was a 2.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Augusto Aragone sold 10,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was 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 of the company’s stock, valued at $4,213,950. This trade represents a 6.65% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 5,227,069 shares of company stock worth $151,765,013. Corporate insiders own 0.95% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. Truist Financial raised their price target on Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings downgraded Ingram Micro from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. JPMorgan Chase & Co. upgraded shares of Ingram Micro from an “underweight” rating to a “neutral” rating and set a $27.00 price objective for the company in a research report on Wednesday, May 27th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $34.00 price objective on shares of Ingram Micro in a research report on Friday, May 1st. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $31.00.

Ingram Micro Trading Down 2.1%

INGM stock traded down $0.61 during trading on Friday, reaching $28.68. The company had a trading volume of 835,786 shares, compared to its average volume of 1,166,224. The business has a 50 day moving average of $28.30 and a 200 day moving average of $26.58. The company has a market cap of $6.62 billion, a P/E ratio of 15.67, a PEG ratio of 0.71 and a beta of 1.75. Ingram Micro Holding Corporation has a 52 week low of $18.77 and a 52 week high of $31.69. 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 (NYSE:INGM) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.82 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, sell-side analysts forecast that Ingram Micro Holding Corporation will post 3.37 earnings per share for the current fiscal year.

Ingram Micro Increases Dividend

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

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.