William Blair Has Weak Estimate for Ingram Micro Q2 Earnings

Ingram Micro Holding Corp. (NYSE:INGM - Free Report) - Research analysts at William Blair lowered their Q2 2025 EPS estimates for Ingram Micro in a report released on Friday, May 9th. William Blair analyst M. Nolan now expects that the company will post earnings per share of $0.60 for the quarter, down from their previous forecast of $0.69. The consensus estimate for Ingram Micro's current full-year earnings is $2.71 per share. William Blair also issued estimates for Ingram Micro's Q3 2025 earnings at $0.78 EPS, Q1 2026 earnings at $0.78 EPS, Q2 2026 earnings at $0.79 EPS, Q3 2026 earnings at $0.82 EPS and Q4 2026 earnings at $0.95 EPS.

Ingram Micro (NYSE:INGM - Get Free Report) last released its quarterly earnings data on Tuesday, March 4th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.01. The business had revenue of $13.34 billion for the quarter, compared to analyst estimates of $13.21 billion.

INGM has been the topic of several other reports. Bank of America cut their price target on shares of Ingram Micro from $30.00 to $28.00 and set a "buy" rating on the stock in a research note on Wednesday, March 5th. JPMorgan Chase & Co. increased their price objective on Ingram Micro from $20.00 to $21.00 and gave the company a "neutral" rating in a report on Friday. The Goldman Sachs Group dropped their price target on Ingram Micro from $29.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday. Jefferies Financial Group dropped their price target on Ingram Micro from $28.00 to $24.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th. Finally, Evercore ISI dropped their price target on Ingram Micro from $27.00 to $26.00 and set an "in-line" rating on the stock in a research report on Wednesday, March 5th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $25.79.

Ingram Micro Price Performance

NYSE:INGM traded up $0.57 during midday trading on Monday, hitting $20.79. 320,529 shares of the company were exchanged, compared to its average volume of 426,936. The stock has a fifty day moving average of $17.78. Ingram Micro has a fifty-two week low of $14.25 and a fifty-two week high of $25.69. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.40 and a quick ratio of 0.96.

Institutional Investors Weigh In On Ingram Micro

A number of large investors have recently added to or reduced their stakes in the business. Victory Capital Management Inc. raised its holdings in shares of Ingram Micro by 32.2% in the first quarter. Victory Capital Management Inc. now owns 3,649,880 shares of the company's stock worth $64,749,000 after acquiring an additional 889,075 shares during the last quarter. Capital World Investors acquired a new stake in Ingram Micro during the fourth quarter worth approximately $68,295,000. American Century Companies Inc. boosted its position in Ingram Micro by 23.3% during the first quarter. American Century Companies Inc. now owns 2,307,133 shares of the company's stock worth $40,929,000 after acquiring an additional 436,701 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Ingram Micro during the 4th quarter valued at about $37,793,000. Finally, Ameriprise Financial Inc. acquired a new position in shares of Ingram Micro during the 4th quarter valued at about $30,683,000.

Ingram Micro declared that its board has approved a share buyback plan on Tuesday, March 4th that authorizes the company to buyback $75.00 million in shares. This buyback authorization authorizes the company to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

Ingram Micro Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.076 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.46%. This is an increase from Ingram Micro's previous quarterly dividend of $0.07. The ex-dividend date is Tuesday, May 20th.

About Ingram Micro

Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world's leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve.