Sei Investments Co. Has $2.07 Million Holdings in Ingram Micro Holding Corporation $INGM

Key Points

• Sei Investments increased its Ingram Micro stake by 73.8% in the first quarter, bringing its holdings to 88,762 shares valued at approximately $2.07 million. Several other institutional investors also added or initiated positions.
• Ingram Micro reported quarterly EPS of $0.82, beating estimates of $0.74, while revenue reached $14.53 billion versus the $13.85 billion consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $31.
• The company raised its quarterly dividend to $0.086 per share, equivalent to a 1.2% annual yield. However, insiders sold more than 5.2 million shares worth approximately $151.8 million over the past 90 days.

Sei Investments Co. boosted its stake in Ingram Micro Holding Corporation (NYSE:INGM - Free Report) by 73.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,762 shares of the company's stock after buying an additional 37,680 shares during the quarter. Sei Investments Co.'s holdings in Ingram Micro were worth $2,069,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Comerica Bank lifted its holdings in shares of Ingram Micro by 2,844.2% during the third quarter. Comerica Bank now owns 3,798 shares of the company's stock valued at $82,000 after acquiring an additional 3,669 shares during the period. CWM LLC grew its holdings in shares of Ingram Micro by 20.5% in the 4th quarter. CWM LLC now owns 4,144 shares of the company's stock worth $88,000 after purchasing an additional 705 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Ingram Micro by 33.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,136 shares of the company's stock worth $88,000 after purchasing an additional 1,031 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Ingram Micro during the 4th quarter worth about $94,000. Finally, Aquatic Capital Management LLC bought a new position in Ingram Micro during the 3rd quarter valued at about $110,000.

Analyst Upgrades and Downgrades

INGM has been the topic of a number of recent analyst reports. The Goldman Sachs Group restated a "neutral" rating and issued a $33.00 price target on shares of Ingram Micro in a research report on Friday, July 31st. Evercore set a $26.00 target price on shares of Ingram Micro in a research note on Monday, April 20th. Royal Bank Of Canada boosted their target price on Ingram Micro from $24.00 to $33.00 and gave the stock an "outperform" rating in a 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 report on Friday, May 1st. Finally, Morgan Stanley raised their price target on Ingram Micro from $27.50 to $33.00 and gave the company an "equal weight" rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $31.00.

Ingram Micro Price Performance

Shares of INGM stock opened at $28.38 on Monday. Ingram Micro Holding Corporation has a 1 year low of $18.66 and a 1 year high of $31.69. The company has a current ratio of 1.31, a quick ratio of 0.88 and a debt-to-equity ratio of 0.60. The firm's 50 day moving average is $28.72 and its 200-day moving average is $25.91. The firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 0.69 and a beta of 1.75.

Ingram Micro (NYSE:INGM - Get Free Report) last issued its quarterly earnings results 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. Ingram Micro had a net margin of 0.77% and a return on equity of 18.07%. The business had revenue of $14.53 billion during the quarter, compared to analyst estimates of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Sell-side analysts forecast that Ingram Micro Holding Corporation will post 3.37 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th will be given a dividend of $0.086 per share. The ex-dividend date is 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 presently 18.58%.

Insider Buying and Selling at Ingram Micro

In related news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of Ingram Micro 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 sale, the insider directly owned 177,466,319 shares in the company, valued at $5,151,847,240.57. This trade represents a 2.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Augusto Aragone sold 50,000 shares of the business's stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $29.30, for a total value of $1,465,000.00. Following the sale, the vice president directly owned 150,465 shares of the company's stock, valued at $4,408,624.50. This represents a 24.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. 0.95% of the stock is currently owned by insiders.

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.

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