Ingram Micro (NYSE:INGM) Sees Unusually-High Trading Volume Following Analyst Upgrade

Shares of Ingram Micro Holding Corporation (NYSE:INGM) saw an uptick in trading volume on Wednesday after Morgan Stanley raised their price target on the stock from $21.00 to $23.00. Morgan Stanley currently has an equal weight rating on the stock. 657,420 shares changed hands during trading, an increase of 28% from the previous session’s volume of 512,974 shares.The stock last traded at $25.16 and had previously closed at $24.41.

A number of other equities research analysts have also weighed in on the stock. Wall Street Zen upgraded shares of Ingram Micro from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. The Goldman Sachs Group lowered shares of Ingram Micro from a “strong-buy” rating to a “neutral” rating and set a $24.00 price target for the company. in a research report on Tuesday, January 13th. Zacks Research raised Ingram Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $24.00 price target on shares of Ingram Micro in a research note on Monday, December 22nd. Finally, William Blair restated an “outperform” rating on shares of Ingram Micro in a report on Tuesday. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Ingram Micro currently has a consensus rating of “Hold” and a consensus target price of $24.43.

Trending Headlines about Ingram Micro

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

• Positive Sentiment: Ingram Micro reported strong Q4 results and management highlighted double‑digit cloud growth and higher AI‑driven revenue for 2026 — commentary that supports recurring, higher‑margin services growth and helped investor sentiment. Ingram Micro outlines double-digit cloud growth
• Positive Sentiment: The board approved a $100 million share repurchase authorization (~2% of shares outstanding), signaling management sees the stock as undervalued and directly supporting EPS/float reduction. RTT News: Stock Buybacks
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference — presentations increase investor access and may reinforce the company’s cloud/AI story but are informational rather than catalytic. Conference Transcript
• Neutral Sentiment: Q1 2026 guidance was set to EPS $0.670–$0.750 and revenue $12.5–12.8B, roughly in line with consensus — a mixed read: guidance leaves room for beat but doesn’t materially change near‑term estimates. (Guidance disclosed in company release and call.)
• Negative Sentiment: Morgan Stanley raised its price target from $21 to $23 but maintained an “equal weight” rating — the new target still sits below the current market price, implying limited analyst upside and suggesting some caution on valuation. Benzinga: Analyst Note

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in shares of Ingram Micro during the third quarter worth $2,262,000. AXQ Capital LP purchased a new stake in Ingram Micro in the 2nd quarter valued at about $432,000. American Century Companies Inc. increased its position in shares of Ingram Micro by 24.0% during the second 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 period. Squarepoint Ops LLC purchased a new position in Ingram Micro during the 2nd quarter worth $1,099,000. Finally, Lind Value II ApS lifted its holdings in shares of Ingram Micro by 83.3% in the 3rd quarter. Lind Value II ApS now owns 2,198,567 shares of the company’s stock worth $47,247,000 after buying an additional 999,172 shares during the period.

Ingram Micro Stock Up 7.5%

The firm has a market cap of $6.17 billion, a P/E ratio of 19.01, a P/E/G ratio of 0.87 and a beta of 2.27. The company has a current ratio of 1.41, a quick ratio of 0.95 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average price of $21.46 and a 200-day moving average price of $21.29.

Ingram Micro (NYSE:INGM) last issued its earnings results on Monday, March 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.06. Ingram Micro had a net margin of 0.62% and a return on equity of 17.04%. The company had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.18 billion. Ingram Micro’s revenue was up 11.5% on a year-over-year basis. On average, equities analysts forecast that Ingram Micro Holding Corporation will post 2.71 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be paid a $0.082 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Tuesday, March 10th. Ingram Micro’s payout ratio is presently 23.19%.

Ingram Micro announced that its board has authorized a share repurchase program on Monday, March 2nd that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to reacquire up to 2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

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.