Crossingbridge Advisors LLC Buys 60,000 Shares of Ingram Micro Holding Corporation $INGM

Crossingbridge Advisors LLC boosted its stake in Ingram Micro Holding Corporation (NYSE:INGM) by 600.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 70,000 shares of the company’s stock after purchasing an additional 60,000 shares during the quarter. Crossingbridge Advisors LLC’s holdings in Ingram Micro were worth $1,504,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers lifted its holdings in shares of Ingram Micro by 6.3% in the second quarter. Rhumbline Advisers now owns 13,646 shares of the company’s stock worth $284,000 after buying an additional 803 shares in the last quarter. Quantbot Technologies LP increased its holdings in Ingram Micro by 8.2% during the 3rd quarter. Quantbot Technologies LP now owns 11,416 shares of the company’s stock worth $245,000 after acquiring an additional 868 shares during the period. PNC Financial Services Group Inc. increased its holdings in Ingram Micro by 855.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,400 shares of the company’s stock worth $116,000 after acquiring an additional 4,835 shares during the period. Franklin Resources Inc. lifted its stake in Ingram Micro by 54.0% in the 2nd quarter. Franklin Resources Inc. now owns 17,682 shares of the company’s stock worth $368,000 after purchasing an additional 6,199 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Ingram Micro by 7.2% in the 3rd quarter. Voya Investment Management LLC now owns 144,695 shares of the company’s stock valued at $3,109,000 after purchasing an additional 9,749 shares during the period.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingram Micro in a report on Monday, December 29th. The Goldman Sachs Group cut Ingram Micro from a “strong-buy” rating to a “neutral” rating and set a $24.00 target price for the company. in a research report on Tuesday, January 13th. Zacks Research upgraded Ingram Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Wall Street Zen upgraded Ingram Micro from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $24.00 price objective 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $24.43.

More 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 Stock Down 16.5%

Shares of Ingram Micro stock opened at $22.02 on Monday. The company’s 50 day moving average price is $21.54 and its 200-day moving average price is $21.37. 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 quick ratio of 0.97 and a current ratio of 1.33. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of 15.96, a P/E/G ratio of 0.76 and a beta of 2.27.

Ingram Micro (NYSE:INGM) last announced its quarterly earnings results on Monday, March 2nd. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.06. Ingram Micro had a net margin of 0.62% and a return on equity of 16.78%. The business had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.18 billion. The company’s revenue was up 11.5% compared to the same quarter last year. Equities research analysts forecast 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. Investors of record on Tuesday, March 10th will be paid a $0.082 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.33 annualized dividend and a dividend yield of 1.5%. Ingram Micro’s payout ratio is 23.19%.

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

About Ingram Micro

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.