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Ingram Micro Boosts Dividend and Expands Buyback Program

Story Highlights
  • Ingram Micro raised its quarterly dividend and expanded its stock repurchase capacity, signaling a stronger capital return commitment to shareholders.
  • The company posted double-digit first-quarter 2026 sales and earnings growth, driven by broad regional demand, AI-related products and improved operating leverage, and guided to further gains in Q2 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ingram Micro Boosts Dividend and Expands Buyback Program

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The latest update is out from Ingram Micro Holding Corporation ( (INGM) ).

On April 30, 2026, Ingram Micro declared a cash dividend of $0.084 per share on its common stock, payable May 26 to shareholders of record on May 12, marking a 2.4% sequential and 10.5% year-over-year increase as part of its capital return strategy. The board also expanded the company’s stock repurchase capacity tied to secondary offerings by Platinum Equity affiliates from $100 million to $175 million, leaving $100 million available for buybacks under a program that runs through January 28, 2027, after a $75 million negotiated repurchase in March.

The company simultaneously reported strong fiscal first-quarter 2026 results for the period ended March 28, 2026, with net sales up 13.7% to $14.0 billion and GAAP net income rising 42.9% to $98.9 million, or $0.42 per share. Non-GAAP net income increased 21.7% to $175.5 million, or $0.75 per share, supported by broad-based regional growth, robust AI-infrastructure demand that slightly pressured gross margins, and improved operating leverage, while guidance for the second quarter calls for continued mid- to high-single-digit sales growth and double-digit non-GAAP EPS expansion.

The most recent analyst rating on (INGM) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Ingram Micro Holding Corporation stock, see the INGM Stock Forecast page.

Spark’s Take on INGM Stock

According to Spark, TipRanks’ AI Analyst, INGM is a Neutral.

INGM scores above average primarily on improving financial health (deleveraging and stronger cash generation) and a constructive earnings outlook with continued execution in platform/AI initiatives. The score is held back by structurally low and recently pressured margins, plus overbought technical conditions that can elevate near-term volatility; valuation is reasonable but the dividend is minimal.

To see Spark’s full report on INGM stock, click here.

More about Ingram Micro Holding Corporation

Ingram Micro Holding Corporation is a global technology distributor that provides IT products, cloud solutions and related services to vendors and customers across four geographic regions, with particular strength in Asia-Pacific. The company is positioning itself increasingly as a technology platform player, leveraging its Xvantage platform and AI-led offerings to drive growth and improve its financial model while serving enterprise and channel partners worldwide.

Average Trading Volume: 1,163,309

Technical Sentiment Signal: Buy

Current Market Cap: $7.02B

See more data about INGM stock on TipRanks’ Stock Analysis page.

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