Squarepoint Ops LLC Takes $1.10 Million Position in Ingram Micro Holding Corporation $INGM

Squarepoint Ops LLC acquired a new stake in Ingram Micro Holding Corporation (NYSE:INGM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 52,718 shares of the company’s stock, valued at approximately $1,099,000.

Several other large investors also recently bought and sold shares of INGM. Wellington Management Group LLP raised its holdings in shares of Ingram Micro by 124.9% in the first quarter. Wellington Management Group LLP now owns 3,128,110 shares of the company’s stock worth $55,493,000 after buying an additional 1,737,236 shares during the last quarter. American Century Companies Inc. raised its stake in Ingram Micro by 24.0% in the 2nd quarter. American Century Companies Inc. now owns 2,859,753 shares of the company’s stock worth $59,597,000 after acquiring an additional 552,620 shares during the last quarter. Alyeska Investment Group L.P. lifted its position in Ingram Micro by 634.6% during the 1st quarter. Alyeska Investment Group L.P. now owns 1,436,187 shares of the company’s stock worth $25,478,000 after acquiring an additional 1,240,675 shares during the period. Lind Value II ApS purchased a new stake in Ingram Micro during the 2nd quarter valued at about $24,995,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of Ingram Micro by 10.0% in the second quarter. Ameriprise Financial Inc. now owns 1,030,021 shares of the company’s stock valued at $21,466,000 after purchasing an additional 93,954 shares during the period.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on INGM shares. Morgan Stanley decreased their target price on Ingram Micro from $23.00 to $21.00 and set an “equal weight” rating for the company in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Ingram Micro in a research note on Monday, December 15th. Wall Street Zen upgraded shares of Ingram Micro from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $24.00 target price on shares of Ingram Micro in a report on Monday, December 15th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $25.00.

Ingram Micro Stock Performance

Shares of NYSE INGM opened at $22.34 on Monday. The company has a market capitalization of $5.25 billion, a PE ratio of 18.16, a price-to-earnings-growth ratio of 0.88 and a beta of 2.36. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 1.41. The company’s fifty day moving average price is $21.64 and its 200 day moving average price is $20.80. Ingram Micro Holding Corporation has a 1 year low of $14.25 and a 1 year high of $24.81.

Ingram Micro (NYSE:INGM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Ingram Micro had a net margin of 0.57% and a return on equity of 17.03%. The company had revenue of $12.60 billion during the quarter, compared to analysts’ expectations of $12.21 billion. Ingram Micro has set its Q4 2025 guidance at 0.850-0.950 EPS. On average, research analysts predict that Ingram Micro Holding Corporation will post 2.71 earnings per share for the current year.

Ingram Micro Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Monday, November 10th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, November 10th. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s payout ratio is currently 26.02%.

Ingram Micro Company 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.