Ingram Micro (NYSE:INGM – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share 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.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Morgan Stanley raised their price objective on Ingram Micro from $27.50 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Wall Street Zen downgraded shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Raymond James Financial reiterated an “outperform” rating and issued a $34.00 price objective on shares of Ingram Micro in a research report on Friday, May 1st. Evercore set a $26.00 target price on shares of Ingram Micro in a research note on Monday, April 20th. 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ingram Micro has an average rating of “Moderate Buy” and a consensus price target of $30.71.
Check Out Our Latest Analysis on Ingram Micro
Ingram Micro Price Performance
Ingram Micro (NYSE:INGM – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. The firm had revenue of $14.53 billion for the quarter, compared to analyst estimates of $13.85 billion. Ingram Micro had a return on equity of 17.19% and a net margin of 0.66%.Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, analysts forecast that Ingram Micro will post 3.29 earnings per share for the current fiscal year.
Ingram Micro Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.086 per share. This represents a $0.34 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, August 11th. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio is 22.52%.
Insider Activity
In other news, VP Augusto Aragone sold 50,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $29.30, for a total value of $1,465,000.00. Following the transaction, the vice president owned 150,465 shares in the company, valued at $4,408,624.50. This represents a 24.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $29.03, for a total transaction of $150,000,013.07. Following the completion of the sale, the insider directly owned 177,466,319 shares of the company’s stock, valued at $5,151,847,240.57. This trade represents a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 5,227,069 shares of company stock worth $151,765,013. Company insiders own 0.95% of the company’s stock.
Key Ingram Micro News
Here are the key news stories impacting Ingram Micro this week:
- Positive Sentiment: Q2 results substantially exceeded expectations. Net sales increased 13.6% year over year to approximately $14.5 billion, while non-GAAP earnings reached $0.82 per share versus the $0.73-$0.74 analyst consensus. GAAP net income rose roughly 193% to $110.9 million, reflecting significant operating leverage. Ingram Micro Reports Record Q2 2026 Results
- Positive Sentiment: Management issued better-than-expected revenue guidance. Ingram Micro forecast third-quarter revenue of $13.6 billion to $14.0 billion, above the approximately $13.4 billion consensus estimate. EPS guidance of $0.72 to $0.82 brackets the $0.75 consensus estimate. Ingram Micro earnings and guidance
- Positive Sentiment: The company raised its dividend following record quarterly results. The dividend increase adds to shareholder returns and signals confidence after the strong quarter. Ingram Micro Raises Dividend
- Neutral Sentiment: The earnings call emphasized the record quarter and improved operating leverage, though investors will likely look for evidence that the stronger profitability can be sustained in coming quarters. Ingram Micro Q2 2026 Earnings Call Transcript
- Negative Sentiment: Despite the earnings beat, Ingram Micro remains a low-margin business, with a reported net margin of only 0.66%. The company’s EPS outlook also spans both below and above consensus, leaving some uncertainty around near-term earnings momentum.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. raised its stake in shares of Ingram Micro by 53.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 55,729 shares of the company’s stock worth $1,198,000 after purchasing an additional 19,508 shares in the last quarter. Occudo Quantitative Strategies LP grew its stake 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 valued at $1,108,000 after buying an additional 27,610 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Ingram Micro by 1.4% in the 4th quarter. Balyasny Asset Management L.P. now owns 48,618 shares of the company’s stock valued at $1,038,000 after buying an additional 658 shares in the last quarter. AlphaCentric Advisors LLC acquired a new position in Ingram Micro in the fourth quarter worth approximately $888,000. Finally, Squarepoint Ops LLC increased its holdings in Ingram Micro by 46.4% in the fourth quarter. Squarepoint Ops LLC now owns 34,980 shares of the company’s stock worth $746,000 after buying an additional 11,086 shares during the last quarter.
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.
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