Zacks Research Upgrades Ingram Micro (NYSE:INGM) to “Strong-Buy”

Posted by Stanley Muller on Nov 5th, 2026

Ingram Micro (NYSE:INGM – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

INGM has been the subject of a number of other research reports. Truist Financial lifted their target price on shares of Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday, August 4th. Weiss Ratings raised Ingram Micro from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 30th. Deutsche Bank Aktiengesellschaft assumed coverage on Ingram Micro in a research note on Monday, August 31st. They issued a “hold” rating and a $30.00 price target on the stock. Wall Street Zen raised Ingram Micro from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 31st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $33.00 price objective on shares of Ingram Micro in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ingram Micro presently has an average rating of “Moderate Buy” and a consensus target price of $30.50.

Read Our Latest Research Report on Ingram Micro

Ingram Micro Stock Performance

Shares of INGM stock opened at $26.12 on Tuesday. The company has a 50 day moving average price of $27.48 and a 200-day moving average price of $26.41. Ingram Micro has a 52 week low of $19.03 and a 52 week high of $31.69. The firm has a market capitalization of $6.01 billion, a PE ratio of 13.19, a P/E/G ratio of 0.61 and a beta of 1.69. The company has a quick ratio of 0.88, a current ratio of 1.31 and a debt-to-equity ratio of 0.65.

Ingram Micro (NYSE:INGM – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.13. The company had revenue of $15.22 billion for the quarter, compared to the consensus estimate of $13.83 billion. Ingram Micro had a net margin of 0.79% and a return on equity of 18.76%. During the same quarter in the prior year, the firm earned $0.72 earnings per share. As a group, equities research analysts expect that Ingram Micro will post 3.52 earnings per share for the current year.

Insider Buying and Selling at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 1,968,750 shares of Ingram Micro 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 transaction, the insider directly owned 162,372,569 shares of the company’s stock, valued at $4,414,910,151.11. The trade was a 1.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.95% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Ingram Micro

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INGM. Allworth Financial LP raised its position in shares of Ingram Micro by 72.9% during the 2nd quarter. Allworth Financial LP now owns 1,290 shares of the company’s stock valued at $35,000 after purchasing an additional 544 shares during the period. Pullen Investment Management LLC lifted its stake in shares of Ingram Micro by 0.6% during the 3rd quarter. Pullen Investment Management LLC now owns 134,161 shares of the company’s stock valued at $3,597,000 after buying an additional 859 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Ingram Micro by 252.2% during the 1st quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock valued at $34,000 after buying an additional 1,054 shares in the last quarter. Covestor Ltd boosted its holdings in Ingram Micro by 31.9% in the 3rd quarter. Covestor Ltd now owns 5,158 shares of the company’s stock worth $138,000 after buying an additional 1,247 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in Ingram Micro in the 2nd quarter worth $38,000.

About Ingram Micro

(Get Free Report)

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.