Victory Capital Management Inc. Has $52.71 Million Position in Ingram Micro Holding Corporation $INGM

Key Points

• Victory Capital cut its stake in Ingram Micro by 34.4% in Q3, leaving it with 2,452,640 shares valued at about $52.71 million, indicating notable institutional selling.
• Secondary offering risk: the principal stockholder priced 8,988,764 shares at $22.25 and launched a potential $200M offering (with an underwriter option), sparking heavy selling and premarket declines and creating near‑term dilution risk.
• Operationally Ingram Micro beat Q4 revenue and EPS estimates, raised its quarterly dividend to $0.082 and authorized a $100M buyback, but analysts remain mixed (average rating "Hold" and $24.43 price target).

Victory Capital Management Inc. lessened its stake in Ingram Micro Holding Corporation (NYSE:INGM - Free Report) by 34.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,452,640 shares of the company's stock after selling 1,287,870 shares during the quarter. Victory Capital Management Inc. owned 1.04% of Ingram Micro worth $52,707,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of INGM. Geode Capital Management LLC increased its stake in shares of Ingram Micro by 11.8% in the second quarter. Geode Capital Management LLC now owns 103,184 shares of the company's stock worth $2,150,000 after acquiring an additional 10,878 shares during the last quarter. Creative Planning acquired a new stake in Ingram Micro during the second quarter valued at $601,000. Franklin Resources Inc. grew its stake in Ingram Micro by 54.0% in the second quarter. Franklin Resources Inc. now owns 17,682 shares of the company's stock valued at $368,000 after purchasing an additional 6,199 shares in the last quarter. AXQ Capital LP acquired a new position in Ingram Micro in the 2nd quarter worth about $432,000. Finally, Rhumbline Advisers raised its stake in shares of Ingram Micro by 6.3% during the 2nd quarter. Rhumbline Advisers now owns 13,646 shares of the company's stock worth $284,000 after purchasing an additional 803 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. William Blair reissued an "outperform" rating on shares of Ingram Micro in a research note on Tuesday. Wall Street Zen raised shares of Ingram Micro from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Raymond James Financial set a $27.00 price objective on Ingram Micro in a research report on Tuesday. JPMorgan Chase & Co. restated an "underweight" rating and set a $24.00 target price on shares of Ingram Micro in a research note on Monday, December 15th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $24.00 target price on shares of Ingram Micro in a report on Monday, December 22nd. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ingram Micro presently has an average rating of "Hold" and an average price target of $24.43.

Ingram Micro Trading Down 16.5%

Shares of Ingram Micro stock opened at $22.02 on Friday. The company's fifty day moving average price is $21.54 and its two-hundred day moving average price is $21.34. The firm has a market capitalization of $5.18 billion, a PE ratio of 15.96, a price-to-earnings-growth ratio of 0.90 and a beta of 2.27. Ingram Micro Holding Corporation has a 52-week low of $14.25 and a 52-week high of $26.38. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.33 and a quick ratio of 0.95.

Ingram Micro (NYSE:INGM - Get Free Report) last announced its quarterly earnings results on Monday, March 2nd. The company reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.06. The firm had revenue of $14.88 billion during the quarter, compared to analysts' expectations of $14.18 billion. Ingram Micro had a net margin of 0.62% and a return on equity of 16.78%. The company's quarterly revenue was up 11.5% on a year-over-year basis. On average, analysts expect that Ingram Micro Holding Corporation will post 2.71 EPS for the current year.

Ingram Micro Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a $0.082 dividend. This represents a $0.33 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, March 10th. This is an increase from Ingram Micro's previous quarterly dividend of $0.08. Ingram Micro's dividend payout ratio (DPR) is presently 23.19%.

Ingram Micro declared that its Board of Directors has initiated a share buyback program on Monday, March 2nd that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

Key Ingram Micro News

Here are the key news stories impacting Ingram Micro this week:

• Positive Sentiment: Better-than-expected results and record Q4 — 2025 net sales rose ~9.5% to $52.6B, supporting earnings momentum and valuation. Ingram Micro (INGM) 2025 Net Sales Grow 9.5% to $52.6B on Record Q4 Performance
• Positive Sentiment: Share repurchase announced ($100M) provides capital-return support and offsets dilution over time. Ingram Micro NYSE: INGM to Repurchase $100.00 million in Shares
• Positive Sentiment: Analyst activity lifted interest — Morgan Stanley raised its target and an upgrade pushed volume higher, which can help liquidity and longer-term price discovery. Morgan Stanley Raises Ingram Micro NYSE: INGM Price Target to $23.00 Ingram Micro NYSE: INGM Sees Large Volume Increase After Analyst Upgrade
• Neutral Sentiment: Evercore ISI maintained a Hold rating — mixed analyst views suggest no consensus breakout catalyst. Evercore ISI Sticks to Its Hold Rating for Ingram Micro Holding Corporation (INGM)
• Neutral Sentiment: Analyst/market pieces assessing valuation after recent momentum; useful for longer-term context but not an immediate price driver. Assessing Ingram Micro Holding (INGM) Valuation After Recent Share Price Momentum
• Negative Sentiment: Secondary offering priced at $22.25 for 8,988,764 shares by the principal stockholder creates immediate selling pressure and potential dilution; large block sale from an insider/affiliate is weighed negatively by the market. Ingram Micro Holding Corporation Announces Pricing of Secondary Offering of Common Stock by its Principal Stockholder.
• Negative Sentiment: Market reaction: shares fell in premarket trading as investors digested the offering and heavy volume, signaling immediate downside risk until the new supply is absorbed. Ingram Micro shares fall 12.8% premarket after secondary offering
• Negative Sentiment: Company disclosed the $200M offering with underwriter 30-day option, which could increase available shares and extend selling pressure near term. Ingram Micro Holding Corporation Announces Launch of Secondary Offering of $200 Million of Common Stock by its Principal Stockholder and a Concurrent Stock Repurchase

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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