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

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

Several other brokerages also recently weighed in on INGM. Weiss Ratings raised shares of Ingram Micro from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. The Goldman Sachs Group reissued a “neutral” rating and issued a $33.00 price objective on shares of Ingram Micro in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft began coverage on shares of Ingram Micro in a research report on Monday, August 31st. They set a “hold” rating and a $30.00 price objective on the stock. Zacks Research cut shares of Ingram Micro from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. Finally, Truist Financial upped their target price on shares of Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $30.50.

Ingram Micro Stock Down 0.6%

NYSE INGM opened at $28.43 on Friday. Ingram Micro has a 52 week low of $19.03 and a 52 week high of $31.69. The company has a quick ratio of 0.88, a current ratio of 1.31 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $6.56 billion, a P/E ratio of 8.32, a price-to-earnings-growth ratio of 0.74 and a beta of 1.76. The stock’s 50-day moving average price is $27.58 and its 200-day moving average price is $26.32.

Ingram Micro (NYSE:INGM) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.13. The company had revenue of $15.22 billion during the quarter, compared to the consensus estimate of $13.83 billion. Ingram Micro had a return on equity of 18.90% and a net margin of 0.79%. During the same period in the previous year, the company posted $0.72 EPS. On average, equities research analysts predict that Ingram Micro will post 3.40 earnings per share for the current year.

Insider Activity at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 1,968,750 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $27.19, for a total transaction of $53,530,312.50. Following the completion of the transaction, the insider owned 162,372,569 shares in the company, valued at $4,414,910,151.11. This trade represents a 1.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.95% of the stock is owned by company insiders.

Institutional Trading of Ingram Micro

A number of large investors have recently added to or reduced their stakes in INGM. Platinum Equity Advisors LLC DE purchased a new stake in Ingram Micro during the 2nd quarter valued at $4,867,901,130. BlackRock Inc. purchased a new position in Ingram Micro during the second quarter worth $35,663,000. Allspring Global Investments Holdings LLC boosted its stake in Ingram Micro by 2.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,013,601 shares of the company’s stock worth $24,580,000 after buying an additional 25,266 shares during the period. Bank of America Corp DE increased its position in Ingram Micro by 225.1% during the first quarter. Bank of America Corp DE now owns 1,038,331 shares of the company’s stock valued at $24,203,000 after acquiring an additional 718,970 shares during the last quarter. Finally, Valley Wealth Managers Inc. increased its position in Ingram Micro by 1.2% during the third quarter. Valley Wealth Managers Inc. now owns 890,942 shares of the company’s stock valued at $23,886,000 after acquiring an additional 10,738 shares during the last quarter.

Ingram Micro News Roundup

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Ingram Micro reported adjusted earnings of $0.91 per share, up from $0.72 a year earlier and ahead of the $0.78 consensus estimate. Revenue reached $15.22 billion, surpassing estimates of $13.83 billion. Ingram Micro Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management issued optimistic revenue guidance for the following quarter. The strong quarter and favorable outlook reinforce expectations for continued business momentum. Ingram Micro Reports Strong Q3 and Optimistic Guidance
• Positive Sentiment: Ingram Micro increased its quarterly dividend. The dividend rises 2.3% to $0.088 per share, or $0.35 annualized, representing a yield of approximately 1.2%. Investors of record on November 9 will receive payment on November 23. Ingram Micro Announces Record Q3 Results and Dividend Increase
• Neutral Sentiment: The company’s net margin remained thin at 0.77%, which is typical of the distribution business but leaves profitability sensitive to operating costs and changes in demand. Management’s earnings call provided additional context on results and the outlook. Ingram Micro Q3 2026 Earnings Call Transcript

Ingram Micro Company Profile

Ingram Micro Inc is a global technology distribution and services company that connects technology manufacturers with businesses, resellers, systems integrators and other channel partners. Its portfolio includes hardware, software, cloud solutions, cybersecurity products, networking equipment, data-center technologies and communications solutions.

The company also provides value-added services such as cloud marketplace management, device lifecycle services, logistics, fulfillment, financing support, technical assistance and professional services.