Ingram Micro Holding Corporation (NYSE:INGM) Increases Dividend to $0.09 Per Share

Ingram Micro Holding Corporation (NYSE:INGM) declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Tuesday, August 11th will be paid a dividend of 0.086 per share on Tuesday, August 25th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, August 11th. This is a 2.4% increase from Ingram Micro’s previous quarterly dividend of $0.08.

Ingram Micro Stock Performance

Shares of INGM opened at $28.38 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.31 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average price is $28.72 and its 200-day moving average price is $25.87. Ingram Micro has a 52 week low of $18.66 and a 52 week high of $31.69. The stock has a market cap of $6.55 billion, a P/E ratio of 15.51, a P/E/G ratio of 0.69 and a beta of 1.75.

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on INGM shares. Raymond James Financial reissued an “outperform” rating and issued a $34.00 target price on shares of Ingram Micro in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Ingram Micro from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings raised shares of Ingram Micro from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Zacks Research raised shares of Ingram Micro from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Truist Financial upped their target price on shares of Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

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.