Ingram Micro (NYSE:INGM) Releases Q3 2026 Earnings Guidance

Ingram Micro (NYSE:INGM) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.720-0.820 for the period, compared to the consensus EPS estimate of 0.750. The company issued revenue guidance of $13.6 billion-$14.0 billion, compared to the consensus revenue estimate of $13.4 billion.

Wall Street Analyst Weigh In

INGM has been the topic of a number of recent analyst reports. Royal Bank Of Canada increased their price target on shares of Ingram Micro from $24.00 to $33.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $33.00 price objective on shares of Ingram Micro in a research report on Friday. Evercore set a $26.00 target price on Ingram Micro in a research report on Monday, April 20th. Raymond James Financial reaffirmed an “outperform” rating and set a $34.00 target price on shares of Ingram Micro in a report on Friday, May 1st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Ingram Micro in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Ingram Micro has an average rating of “Moderate Buy” and an average price target of $30.71.

Ingram Micro Price Performance

INGM stock traded down $2.30 during trading hours on Friday, hitting $28.10. 1,613,015 shares of the stock traded hands, compared to its average volume of 916,147. The company has a current ratio of 1.31, a quick ratio of 0.93 and a debt-to-equity ratio of 0.61. The stock has a 50-day simple moving average of $28.59 and a 200 day simple moving average of $25.61. Ingram Micro has a one year low of $18.09 and a one year high of $31.69. The company has a market cap of $6.51 billion, a P/E ratio of 15.35, a P/E/G ratio of 0.88 and a beta of 1.78.

Ingram Micro (NYSE:INGM) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.08. Ingram Micro had a return on equity of 18.17% and a net margin of 0.77%.The business had revenue of $14.53 billion during the quarter, compared to analyst estimates of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts forecast that Ingram Micro will post 3.29 earnings per share for the current year.

Ingram Micro Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be given a $0.086 dividend. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, August 11th. Ingram Micro’s payout ratio is presently 18.03%.

Insider Activity

In related news, VP Augusto Aragone sold 50,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $29.30, for a total transaction of $1,465,000.00. Following the completion of the sale, the vice president directly owned 150,465 shares of the company’s stock, valued at approximately $4,408,624.50. This represents a 24.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the completion of the sale, the insider directly owned 177,466,319 shares in the company, valued at approximately $5,151,847,240.57. This represents a 2.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 5,227,069 shares of company stock worth $151,765,013. Corporate insiders own 0.95% of the company’s stock.

More Ingram Micro News

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

• Positive Sentiment: Record Q2 performance exceeded expectations. Ingram Micro reported approximately $14.5 billion in sales, up 13.6% year over year, while non-GAAP earnings reached $0.82 per share versus the $0.73-$0.74 analyst consensus. GAAP net income rose 193.1% year over year to $110.9 million, reflecting significant operating leverage. Ingram Micro Reports Record Q2 2026 Results
• Positive Sentiment: Third-quarter revenue guidance is above Wall Street expectations. Management forecast revenue of $13.6 billion to $14.0 billion, compared with the $13.4 billion consensus estimate. EPS guidance of $0.72 to $0.82 brackets the $0.75 consensus. Ingram Micro’s Sales, EPS Top Estimates
• Positive Sentiment: Ingram Micro raised its quarterly dividend. The payment will increase 2.4% to $0.086 per share, implying an annualized dividend of approximately $0.344 and a yield near 1.2%. The ex-dividend date is August 11, with payment scheduled for August 25. Ingram Micro Raises Dividend Following Record Quarterly Results
• Neutral Sentiment: Profitability remains thin. Although earnings growth was strong, reported net margin was only 0.66%, underscoring the sensitivity of results to operating costs and execution.
• Negative Sentiment: The stock’s decline suggests investors may be taking profits or demanding more evidence of durable growth. Shares are near their 12-month high following a substantial advance, while the midpoint of Q3 EPS guidance is only modestly above the prior-year comparison and does not significantly exceed consensus.

Institutional Investors Weigh In On Ingram Micro

A number of institutional investors have recently bought and sold shares of INGM. Invesco Ltd. boosted its stake in Ingram Micro by 13.6% in the 4th quarter. Invesco Ltd. now owns 84,460 shares of the company’s stock valued at $1,802,000 after buying an additional 10,144 shares in the last quarter. VARCOV Co. acquired a new stake in shares of Ingram Micro during the fourth quarter worth approximately $657,000. Wellington Management Group LLP raised its stake in shares of Ingram Micro by 26.4% in the fourth quarter. Wellington Management Group LLP now owns 2,663,257 shares of the company’s stock valued at $56,834,000 after acquiring an additional 556,931 shares during the last quarter. Occudo Quantitative Strategies LP boosted its holdings in shares of Ingram Micro by 113.5% in the 4th quarter. Occudo Quantitative Strategies LP now owns 51,937 shares of the company’s stock worth $1,108,000 after acquiring an additional 27,610 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Ingram Micro by 3.1% in the 4th quarter. Millennium Management LLC now owns 556,737 shares of the company’s stock worth $11,881,000 after acquiring an additional 17,000 shares in the last quarter.

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.