Hsbc Holdings PLC acquired a new stake in shares of Ingram Micro Holding Corporation (NYSE:INGM – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 135,115 shares of the company’s stock, valued at approximately $3,690,000. Hsbc Holdings PLC owned 0.06% of Ingram Micro at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of INGM. Victory Capital Management Inc. increased its position in shares of Ingram Micro by 27.5% during the 4th quarter. Victory Capital Management Inc. now owns 3,126,480 shares of the company’s stock valued at $66,719,000 after purchasing an additional 673,840 shares during the last quarter. Wellington Management Group LLP lifted its position in Ingram Micro by 26.4% in the fourth quarter. Wellington Management Group LLP now owns 2,663,257 shares of the company’s stock worth $56,834,000 after buying an additional 556,931 shares during the last quarter. Capital World Investors boosted its stake in Ingram Micro by 12.9% during the fourth quarter. Capital World Investors now owns 2,642,029 shares of the company’s stock worth $56,381,000 after buying an additional 302,858 shares during the period. Lind Value II ApS boosted its stake in Ingram Micro by 10.1% during the fourth quarter. Lind Value II ApS now owns 2,419,546 shares of the company’s stock worth $51,633,000 after buying an additional 220,979 shares during the period. Finally, River Road Asset Management LLC increased its position in Ingram Micro by 87.0% during the fourth quarter. River Road Asset Management LLC now owns 1,332,690 shares of the company’s stock valued at $28,440,000 after acquiring an additional 620,147 shares during the last quarter.
Insider Activity at Ingram Micro
In other Ingram Micro news, VP Augusto Aragone sold 50,000 shares of Ingram Micro stock in a transaction on Friday, June 12th. The stock was 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 $4,408,624.50. The trade was a 24.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 stock in a transaction on Monday, June 15th. The stock was sold at an average price of $29.03, for a total value of $150,000,013.07. Following the transaction, the insider directly owned 177,466,319 shares in the company, valued at $5,151,847,240.57. The trade was a 2.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 5,227,069 shares of company stock worth $151,765,013. 0.95% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on INGM
Ingram Micro Stock Down 2.1%
Shares of INGM opened at $28.68 on Friday. The firm has a fifty day moving average price of $28.31 and a 200-day moving average price of $26.59. The company has a current ratio of 1.31, a quick ratio of 0.88 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $6.62 billion, a P/E ratio of 15.67, a P/E/G ratio of 0.70 and a beta of 1.75. Ingram Micro Holding Corporation has a 12-month low of $18.77 and a 12-month high of $31.69.
Ingram Micro (NYSE:INGM – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. The company had revenue of $14.53 billion during the quarter, compared to analyst estimates of $13.85 billion. Ingram Micro had a net margin of 0.77% and a return on equity of 18.07%. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities research analysts expect that Ingram Micro Holding Corporation will post 3.37 earnings per share for the current year.
Ingram Micro Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th were issued a $0.086 dividend. The ex-dividend date was Tuesday, August 11th. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.2%. Ingram Micro’s dividend payout ratio (DPR) is presently 18.58%.
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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