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 report released on Saturday.

INGM has been the subject of several other research reports. Raymond James Financial set a $27.00 price target on shares of Ingram Micro in a research note on Tuesday, March 3rd. William Blair reiterated an “outperform” rating on shares of Ingram Micro in a research note on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingram Micro in a report on Monday, December 29th. Zacks Research raised Ingram Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $24.00 price target on shares of Ingram Micro in a report on Monday, December 22nd. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Ingram Micro currently has a consensus rating of “Hold” and a consensus target price of $24.43.

Ingram Micro Stock Down 16.5%

Shares of INGM opened at $22.02 on Friday. The company’s 50-day simple moving average is $21.54 and its 200-day simple moving average is $21.37. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.97 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 stock has a market capitalization of $5.18 billion, a PE 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 data on Monday, March 2nd. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. The firm had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.18 billion. Ingram Micro had a net margin of 0.62% and a return on equity of 16.78%. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. Analysts forecast that Ingram Micro will post 2.71 earnings per share for the current fiscal year.

Ingram Micro announced that its Board of Directors has approved a share buyback plan on Monday, March 2nd that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Ingram Micro

A number of institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank raised its stake in Ingram Micro by 2,844.2% in the third quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after buying an additional 3,669 shares in the last quarter. CWM LLC boosted its position in shares of Ingram Micro by 20.5% during the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after acquiring an additional 705 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Ingram Micro by 33.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,136 shares of the company’s stock worth $88,000 after acquiring an additional 1,031 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of Ingram Micro in the 4th quarter valued at about $94,000. Finally, Aquatic Capital Management LLC purchased a new position in shares of Ingram Micro in the 3rd quarter valued at about $110,000.

Trending Headlines about Ingram Micro

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

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.