Ingram Micro (NYSE:INGM) Raised to “Strong-Buy” at Wall Street Zen

Ingram Micro (NYSE:INGM) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Several other research analysts have also commented on INGM. William Blair reiterated an “outperform” rating on shares of Ingram Micro in a research report on Tuesday. Zacks Research raised Ingram Micro from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Raymond James Financial set a $27.00 price objective on Ingram Micro in a research note on Tuesday. Morgan Stanley boosted their target price on shares of Ingram Micro from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Tuesday. 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. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $24.43.

Ingram Micro Stock Performance

Shares of Ingram Micro stock opened at $22.02 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.95 and a current ratio of 1.33. Ingram Micro has a 1 year low of $14.25 and a 1 year high of $26.38. The firm’s 50-day simple moving average is $21.54 and its 200-day simple moving average is $21.34. The firm has a market cap 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 (NYSE:INGM) last posted 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. Ingram Micro had a return on equity of 16.78% and a net margin of 0.62%.The business had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.18 billion. Ingram Micro’s revenue for the quarter was up 11.5% compared to the same quarter last year. Equities analysts forecast that Ingram Micro will post 2.71 earnings per share for the current fiscal year.

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

Institutional Trading of Ingram Micro

Several hedge funds have recently added to or reduced their stakes in INGM. Synergy Asset Management LLC bought a new position in shares of Ingram Micro in the third quarter worth $2,262,000. American Century Companies Inc. raised its stake in shares of Ingram Micro by 1.9% during the third quarter. American Century Companies Inc. now owns 2,914,724 shares of the company’s stock valued at $62,637,000 after purchasing an additional 54,971 shares in the last quarter. AXQ Capital LP acquired a new stake in Ingram Micro in the second quarter worth about $432,000. Squarepoint Ops LLC acquired a new stake in Ingram Micro in the second quarter worth about $1,099,000. Finally, Lind Value II ApS grew its position in Ingram Micro by 83.3% in the 3rd quarter. Lind Value II ApS now owns 2,198,567 shares of the company’s stock valued at $47,247,000 after buying an additional 999,172 shares in the last quarter.

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 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.