Ingram Micro Holding Corporation (NYSE:INGM – Get Free Report) has been assigned an average rating of “Hold” from the ten research firms that are covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $30.50.
A number of analysts have issued reports on the stock. The Goldman Sachs Group reissued a “neutral” rating and issued a $33.00 price objective on shares of Ingram Micro in a report on Friday, July 31st. Weiss Ratings raised shares of Ingram Micro from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. Zacks Research downgraded Ingram Micro from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Morgan Stanley lowered their price objective on Ingram Micro from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Wednesday, September 16th. Finally, Wall Street Zen cut shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th.
Read Our Latest Report on INGM
Ingram Micro Stock Up 2.6%
INGM opened at $28.42 on Tuesday. The stock has a fifty day moving average of $27.51 and a 200-day moving average of $26.14. The company has a market capitalization of $6.56 billion, a P/E ratio of 8.52, a P/E/G ratio of 0.71 and a beta of 1.76. Ingram Micro has a fifty-two week low of $19.03 and a fifty-two week high of $31.69. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.88 and a current ratio of 1.31.
Ingram Micro (NYSE:INGM – Get Free Report) last released its quarterly earnings results 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 net margin of 0.77% and a return on equity of 18.07%. The business had revenue of $14.53 billion for the quarter, compared to the consensus estimate of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities analysts expect that Ingram Micro will post 3.40 EPS for the current year.
Insider Activity
In related 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 approximately $4,414,910,151.11. This trade represents a 1.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.95% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Pullen Investment Management LLC increased its stake in shares of Ingram Micro by 0.6% in the 3rd quarter. Pullen Investment Management LLC now owns 134,161 shares of the company’s stock valued at $3,597,000 after purchasing an additional 859 shares during the last quarter. Signaturefd LLC lifted its position in shares of Ingram Micro by 191.5% during the 3rd quarter. Signaturefd LLC now owns 2,696 shares of the company’s stock worth $72,000 after buying an additional 1,771 shares during the last quarter. Reyes Financial Architecture Inc. bought a new stake in shares of Ingram Micro during the 3rd quarter worth $43,000. Vest Financial LLC lifted its position in shares of Ingram Micro by 27.8% during the 3rd quarter. Vest Financial LLC now owns 25,153 shares of the company’s stock worth $674,000 after buying an additional 5,465 shares during the last quarter. Finally, Valley Wealth Managers Inc. boosted its stake in Ingram Micro by 1.2% in the third quarter. Valley Wealth Managers Inc. now owns 890,942 shares of the company’s stock valued at $23,886,000 after buying an additional 10,738 shares in the last quarter.
Ingram Micro Company Profile
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.
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