26,300 Shares in Ingram Micro Holding Corporation $INGM Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp purchased a new stake in Ingram Micro Holding Corporation (NYSE:INGM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 26,300 shares of the company’s stock, valued at approximately $721,000.

Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Ingram Micro by 252.2% during the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock worth $34,000 after acquiring an additional 1,054 shares during the period. Allworth Financial LP bought a new position in shares of Ingram Micro during the second quarter worth approximately $35,000. Meeder Asset Management Inc. acquired a new stake in Ingram Micro during the 2nd quarter worth approximately $44,000. Comerica Bank lifted its holdings in 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 purchasing an additional 3,669 shares during the last quarter. Finally, CWM LLC boosted its stake in Ingram Micro by 20.5% in the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock valued at $88,000 after purchasing an additional 705 shares during the period.

Ingram Micro Trading Up 0.7%

Shares of NYSE:INGM opened at $29.35 on Friday. The company has a market capitalization of $6.77 billion, a P/E ratio of 16.04, a P/E/G ratio of 0.71 and a beta of 1.75. Ingram Micro Holding Corporation has a 1 year low of $18.77 and a 1 year high of $31.69. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.31 and a quick ratio of 0.88. The business’s 50 day simple moving average is $28.30 and its 200 day simple moving average is $26.58.

Ingram Micro (NYSE:INGM) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.08. The firm had revenue of $14.53 billion during the quarter, compared to analysts’ expectations 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. On average, research analysts anticipate that Ingram Micro Holding Corporation will post 3.37 EPS for the current fiscal year.

Ingram Micro Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have commented on INGM shares. JPMorgan Chase & Co. raised Ingram Micro from an “underweight” rating to a “neutral” rating and set a $27.00 price objective on the stock in a report on Wednesday, May 27th. Weiss Ratings cut shares of Ingram Micro from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Wall Street Zen downgraded shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. Morgan Stanley upped their price target on shares of Ingram Micro from $27.50 to $33.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 23rd. Finally, Truist Financial raised their price target on shares of Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, August 4th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $31.00.

Insider Transactions at Ingram Micro

In related news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $29.03, for a total transaction of $150,000,013.07. Following the completion of the sale, the insider owned 177,466,319 shares of the company’s stock, valued at $5,151,847,240.57. This represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Augusto Aragone sold 50,000 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $29.30, for a total transaction of $1,465,000.00. Following the sale, the vice president owned 150,465 shares in the company, valued at $4,408,624.50. The trade was a 24.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 5,227,069 shares of company stock valued at $151,765,013. 0.95% of the stock is owned by insiders.

Ingram Micro Profile

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.