Ingram Micro (NYSE:INGM) Shares Gap Down – What’s Next?

Ingram Micro Holding Corporation (NYSE:INGM) gapped down before the market opened on Friday . The stock had previously closed at $26.36, but opened at $22.10. Ingram Micro shares last traded at $22.15, with a volume of 2,317,861 shares.

More Ingram Micro News

Here are the key news stories impacting Ingram Micro this week:

• Positive Sentiment: Company fundamentals: Ingram Micro reported record Q4 performance and 2025 net sales grew ~9.5% to $52.6B, supporting underlying revenue momentum. Ingram Micro (INGM) 2025 Net Sales Grow 9.5% to $52.6B on Record Q4 Performance
• Positive Sentiment: Share buyback: The company announced plans to repurchase $100M of shares, which can help offset selling pressure from the secondary offering and support EPS. Ingram Micro (NYSE:INGM) to Repurchase $100.00 million in Shares
• Positive Sentiment: Analyst activity: Morgan Stanley raised its price target to $23 and an analyst upgrade produced higher trading volume — signals that some brokers view current levels as buyable given the company’s results. Morgan Stanley Raises Ingram Micro (NYSE:INGM) Price Target to $23.00
• Neutral Sentiment: Street stance: Evercore ISI maintained a Hold rating on INGM, reflecting a mixed view — earnings and growth are solid but valuation and near-term supply from the secondary weigh on conviction. Evercore ISI Sticks to Its Hold Rating for Ingram Micro Holding Corporation (INGM)
• Neutral Sentiment: Valuation check: Recent price momentum prompted articles reassessing INGM’s valuation — useful context for investors deciding whether the dip is a buying opportunity. Assessing Ingram Micro Holding (INGM) Valuation After Recent Share Price Momentum
• Negative Sentiment: Secondary offering priced: Ingram Holdco (Platinum Equity affiliate) priced a secondary sale of 8,988,764 shares at $22.25 — this is a selling shareholder transaction (company doesn’t receive proceeds) but increases supply and can pressure the stock. Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder.
• Negative Sentiment: Market reaction: Shares traded down sharply in premarket trading after the offering news, reflecting investor concern about near-term share supply and liquidity from the selling stockholder. Ingram Micro shares fall 12.8% premarket after secondary offering

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on INGM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Ingram Micro in a research report on Monday, December 29th. William Blair reiterated an “outperform” rating on shares of Ingram Micro in a report on Tuesday. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $24.00 price target on shares of Ingram Micro in a research note on Monday, December 15th. Zacks Research upgraded Ingram Micro from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Finally, Morgan Stanley lifted their price objective on shares of Ingram Micro from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Tuesday. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $24.43.

Ingram Micro Trading Down 16.8%

The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 0.90 and a beta of 2.27. The firm’s 50-day moving average is $21.54 and its 200-day moving average is $21.32. The company has a current ratio of 1.33, a quick ratio of 0.95 and a debt-to-equity ratio of 0.65.

Ingram Micro (NYSE:INGM) last released its quarterly earnings data on Monday, March 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. Ingram Micro had a net margin of 0.62% and a return on equity of 16.78%. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.18 billion. Ingram Micro’s revenue for the quarter was up 11.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ingram Micro Holding Corporation will post 2.71 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.082 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $0.33 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s payout ratio is presently 23.19%.

Ingram Micro declared that its board has authorized a share repurchase plan on Monday, March 2nd that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Ingram Micro

Several hedge funds have recently modified their holdings of INGM. Comerica Bank increased its stake in shares of Ingram Micro by 2,844.2% in the third 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 boosted its holdings in shares of Ingram Micro by 20.5% in the fourth quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after acquiring an additional 705 shares during the period. Wells Fargo & Company MN raised its stake 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 during the period. Aster Capital Management DIFC Ltd purchased a new stake in Ingram Micro during the 4th quarter worth about $94,000. Finally, Aquatic Capital Management LLC purchased a new position in Ingram Micro during the 3rd quarter valued at about $110,000.

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.