GSA Capital Partners LLP Takes Position in Ingram Micro Holding Corporation $INGM

GSA Capital Partners LLP acquired a new stake in shares of Ingram Micro Holding Corporation (NYSE:INGM - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 50,921 shares of the company's stock, valued at approximately $1,397,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Balyasny Asset Management L.P. grew its position in Ingram Micro by 1.4% in the 4th quarter. Balyasny Asset Management L.P. now owns 48,618 shares of the company's stock worth $1,038,000 after purchasing an additional 658 shares during the period. CWM LLC raised its stake in Ingram Micro by 20.5% during the 4th quarter. CWM LLC now owns 4,144 shares of the company's stock valued at $88,000 after buying an additional 705 shares during the last quarter. Gotham Asset Management LLC lifted its holdings in shares of Ingram Micro by 1.0% during the 4th quarter. Gotham Asset Management LLC now owns 77,662 shares of the company's stock valued at $1,657,000 after buying an additional 732 shares during the period. Covestor Ltd boosted its stake in shares of Ingram Micro by 15.4% in the 4th quarter. Covestor Ltd now owns 5,669 shares of the company's stock worth $121,000 after buying an additional 756 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Ingram Micro by 6.3% in the 2nd quarter. Rhumbline Advisers now owns 13,646 shares of the company's stock worth $284,000 after buying an additional 803 shares during the last quarter.

Insider Activity at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the completion of the sale, the insider directly 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Augusto Aragone sold 50,000 shares of the firm's stock in a transaction on Friday, June 12th. The shares were 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. 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 in the last ninety days. Insiders own 0.95% of the company's stock.

Ingram Micro Stock Performance

NYSE:INGM opened at $28.43 on Monday. 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 stock has a 50-day simple moving average of $28.48 and a two-hundred day simple moving average of $26.15. The firm has a market capitalization of $6.56 billion, a PE ratio of 15.54, a P/E/G ratio of 0.70 and a beta of 1.75. Ingram Micro Holding Corporation has a 52-week low of $18.77 and a 52-week high of $31.69.

Ingram Micro (NYSE:INGM - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.74 by $0.08. The firm had revenue of $14.53 billion for the quarter, compared to the consensus estimate 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. Analysts forecast that Ingram Micro Holding Corporation will post 3.37 EPS for the current year.

Ingram Micro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.086 per share. This represents a $0.34 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, August 11th. This is a positive change from Ingram Micro's previous quarterly dividend of $0.08. Ingram Micro's dividend payout ratio (DPR) is 18.58%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on INGM. JPMorgan Chase & Co. upgraded Ingram Micro from an "underweight" rating to a "neutral" rating and set a $27.00 price objective for the company in a research report on Wednesday, May 27th. Royal Bank Of Canada raised their target price on Ingram Micro from $24.00 to $33.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 21st. Raymond James Financial restated an "outperform" rating and set a $34.00 price target on shares of Ingram Micro in a research note on Friday, May 1st. 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 report on Tuesday, June 23rd. Finally, Weiss Ratings upgraded shares of Ingram Micro from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $31.00.

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.

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