Twin Capital Management Inc. Invests $772,000 in Ingram Micro Holding Corporation $INGM

Twin Capital Management Inc. purchased a new position in shares of Ingram Micro Holding Corporation (NYSE:INGM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 36,180 shares of the company’s stock, valued at approximately $772,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Comerica Bank lifted its holdings in shares of Ingram Micro by 2,844.2% during the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock worth $82,000 after acquiring an additional 3,669 shares during the period. CWM LLC lifted its holdings in shares of Ingram Micro by 20.5% during the 4th 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. Aquatic Capital Management LLC bought a new stake in shares of Ingram Micro during the 3rd quarter worth approximately $110,000. PNC Financial Services Group Inc. lifted its holdings in shares of Ingram Micro by 855.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,400 shares of the company’s stock worth $116,000 after acquiring an additional 4,835 shares during the period. Finally, Covestor Ltd lifted its holdings in shares of Ingram Micro by 15.4% during the 4th quarter. Covestor Ltd now owns 5,669 shares of the company’s stock worth $121,000 after acquiring an additional 756 shares during the period.

Ingram Micro Price Performance

Shares of NYSE:INGM opened at $25.74 on Friday. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 0.76 and a beta of 2.00. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.31 and a quick ratio of 0.93. The firm has a 50 day simple moving average of $25.97 and a 200 day simple moving average of $23.13. Ingram Micro Holding Corporation has a one year low of $18.09 and a one year high of $31.38.

Ingram Micro (NYSE:INGM) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.70 by $0.05. Ingram Micro had a net margin of 0.66% and a return on equity of 17.19%. The business had revenue of $13.96 billion during the quarter, compared to the consensus estimate of $12.76 billion. The company’s revenue was up 13.7% on a year-over-year basis. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. Research analysts predict that Ingram Micro Holding Corporation will post 3.25 earnings per share for the current fiscal year.

Ingram Micro announced that its Board of Directors has authorized a stock repurchase program on Monday, March 2nd that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 2% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Ingram Micro Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Tuesday, May 12th will be paid a $0.084 dividend. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, May 12th. Ingram Micro’s payout ratio is presently 22.52%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Weiss Ratings raised shares of Ingram Micro from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Morgan Stanley increased 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, March 3rd. Raymond James Financial reissued an “outperform” rating and issued a $34.00 price objective on shares of Ingram Micro in a research note on Friday, May 1st. Royal Bank Of Canada increased their price objective on shares of Ingram Micro from $24.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Ingram Micro from $24.00 to $26.00 and gave the company an “underweight” rating in a research note on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $28.71.

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.