Why Is INGRAM MICRO HLDG CO (INGM) Stock Down Today?

INGM stock is down 8.92% at $27.64 as of the latest trade. The decline follows a mixed earnings report and a dividend increase that failed to offset concerns over earnings guidance below estimates. The stock opened with a 3.0% gap down and has continued to trend lower throughout the session, reaching a low of $27.60.

What Happened

Ingram Micro Holding Corporation reported record Q2 2026 results, exceeding the high end of guidance for revenue and earnings. The company posted $14.5 billion in revenue and non-GAAP earnings of $0.82 per share, beating estimates. It also raised its quarterly dividend by 2.4% to $0.086 per share. However, the company’s Q3 guidance for adjusted EPS of $0.72 to $0.82 fell short of the $0.75 estimate, while revenue guidance of $13.55 billion to $13.95 billion was slightly above the $13.52 billion estimate. The mixed guidance and a lack of strong upside in operating leverage metrics contributed to the sharp sell-off. An SEC 8-K filing on July 30 disclosed the results and other events, including the dividend increase.

What The Data Shows

The stock had risen 3.5% over the previous eight sessions, reaching a high of $30.40. It opened at $29.49, indicating a 3.0% gap down. The session has seen a volume of 0.1 million shares, which is 0.1 times the 3-month daily average. Recent insider transactions include two sales totaling $151.8 million, with the most recent filing on June 17. The stock is currently trading within its 52-week range of $18.09 to $31.69 and has a market cap of $6.9 billion, with a P/E ratio of 20.0 and a dividend yield of 1.12%.

What To Watch

The stock is scheduled to trade with its current guidance and market reaction. Investors should monitor the breadth of coverage and any follow-up analyst commentary in the coming days.