Lind Value II ApS Acquires 220,979 Shares of Ingram Micro Holding Corporation $INGM

Lind Value II ApS increased its holdings in shares of Ingram Micro Holding Corporation (NYSE:INGM) by 10.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,419,546 shares of the company’s stock after buying an additional 220,979 shares during the period. Ingram Micro accounts for about 16.7% of Lind Value II ApS’s holdings, making the stock its 2nd largest holding. Lind Value II ApS’s holdings in Ingram Micro were worth $51,633,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of INGM. American Century Companies Inc. boosted its holdings in Ingram Micro by 1.9% in the 3rd quarter. American Century Companies Inc. now owns 2,914,724 shares of the company’s stock valued at $62,637,000 after purchasing an additional 54,971 shares during the last quarter. Crossingbridge Advisors LLC boosted its holdings in Ingram Micro by 600.0% in the 3rd quarter. Crossingbridge Advisors LLC now owns 70,000 shares of the company’s stock valued at $1,504,000 after purchasing an additional 60,000 shares during the last quarter. Invenomic Capital Management LP boosted its holdings in Ingram Micro by 58.2% in the 3rd quarter. Invenomic Capital Management LP now owns 929,332 shares of the company’s stock valued at $19,971,000 after purchasing an additional 341,895 shares during the last quarter. Hussman Strategic Advisors Inc. acquired a new position in Ingram Micro in the 4th quarter valued at about $896,000. Finally, Comerica Bank boosted its holdings in Ingram Micro by 1,566.3% in 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 during the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Morgan Stanley boosted their target price on shares of Ingram Micro from $21.00 to $23.00 and gave the company an “equal weight” rating in a report on Tuesday, March 3rd. Wall Street Zen lowered shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Raymond James Financial reiterated an “outperform” rating and issued a $34.00 target price on shares of Ingram Micro in a report on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on shares of Ingram Micro from $24.00 to $26.00 and gave the company an “underweight” rating in a report on Monday, May 4th. Finally, Royal Bank Of Canada boosted their target price on shares of Ingram Micro from $24.00 to $33.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ingram Micro presently has an average rating of “Hold” and a consensus price target of $28.71.

Ingram Micro Price Performance

Ingram Micro stock opened at $26.69 on Friday. The company’s 50 day simple moving average is $26.06 and its 200-day simple moving average is $23.16. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 17.68, a price-to-earnings-growth ratio of 0.78 and a beta of 2.00. Ingram Micro Holding Corporation has a 1 year low of $18.09 and a 1 year high of $31.38. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.93 and a current ratio of 1.31.

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

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

Ingram Micro Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders 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. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.3%. Ingram Micro’s payout ratio is presently 22.52%.

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.