Quantbot Technologies LP Purchases Shares of 46,630 Ingram Micro Holding Corporation $INGM

Quantbot Technologies LP bought a new stake in shares of Ingram Micro Holding Corporation (NYSE:INGMFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 46,630 shares of the company’s stock, valued at approximately $1,279,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Hussman Strategic Advisors Inc. bought a new position in Ingram Micro in the 4th quarter worth $896,000. Comerica Bank boosted its stake in shares of Ingram Micro by 1,566.3% during the 4th quarter. Comerica Bank now owns 63,286 shares of the company’s stock valued at $1,351,000 after purchasing an additional 59,488 shares in the last quarter. Pacer Advisors Inc. bought a new stake in shares of Ingram Micro during the 1st quarter valued at about $3,907,000. Watershed Asset Management L.L.C. purchased a new position in shares of Ingram Micro during the first quarter valued at about $470,000. Finally, Sei Investments Co. increased its position in shares of Ingram Micro by 73.8% during the first quarter. Sei Investments Co. now owns 88,762 shares of the company’s stock valued at $2,069,000 after buying an additional 37,680 shares during the period.

Wall Street Analyst Weigh In

Several brokerages have commented on INGM. Morgan Stanley raised their price objective on shares of Ingram Micro from $27.50 to $33.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Wall Street Zen lowered Ingram Micro from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. The Goldman Sachs Group restated a “neutral” rating and set a $33.00 target price on shares of Ingram Micro in a report on Friday, July 31st. Zacks Research lowered shares of Ingram Micro from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. Finally, Raymond James Financial reissued an “outperform” rating and set a $34.00 price target on shares of Ingram Micro in a research report on Friday, May 1st. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ingram Micro presently has a consensus rating of “Hold” and a consensus price target of $31.00.

Get Our Latest Research Report on INGM

Insider Buying and Selling at Ingram Micro

In other Ingram Micro news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $29.03, for a total value of $150,000,013.07. Following the completion of the transaction, the insider owned 177,466,319 shares of the company’s stock, valued at approximately $5,151,847,240.57. The trade was a 2.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Augusto Aragone sold 10,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00. Following the transaction, the vice president owned 140,465 shares in the company, valued at $4,213,950. This represents a 6.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,227,069 shares of company stock worth $151,765,013 over the last ninety days. 0.95% of the stock is currently owned by insiders.

Ingram Micro Trading Up 4.7%

Shares of NYSE INGM opened at $29.11 on Wednesday. The firm’s 50 day moving average price is $28.27 and its 200-day moving average price is $26.47. 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 quick ratio of 0.88 and a current ratio of 1.31. The company has a market cap of $6.71 billion, a PE ratio of 15.91, a P/E/G ratio of 0.68 and a beta of 1.75.

Ingram Micro (NYSE:INGMGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.82 earnings per share (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 business had revenue of $14.53 billion for the quarter, compared to analysts’ expectations of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. On average, equities research analysts expect that Ingram Micro Holding Corporation will post 3.37 EPS for the current fiscal year.

Ingram Micro Increases Dividend

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

Ingram Micro Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ingram Micro (NYSE:INGM)

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