Ingles Markets

IMKTA

Market cap $1.31B

Overview Fund Activity

68.92 USD

-0.36

0.52%

At close Updated Sep 15, 10:56 AM EDT

1 day

-0.52%

5 days

-1.25%

1 month

7.4%

3 months

12.52%

6 months

10.17%

Year to date

7.22%

1 year

-6.22%

5 years

83.69%

10 years

41.93%

About: Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.

Employees: 26,360

Consumer Staples Grocery Stores

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

51% more call options, than puts

Call options by funds: $963K | Put options by funds: $639K

22% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 64

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0.76% less ownership

Funds ownership: 89.57% [Q1] → 88.81% (-0.76%) [Q2]

4% less capital invested

Capital invested by funds: $848M [Q1] → $819M (-$30M) [Q2]

4% less funds holding

Funds holding: 201 [Q1] → 193 (-8) [Q2]

21% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 29

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Financial journalist opinion

Ingles Markets Remains Severely Undervalued

Ingles Markets remains severely undervalued, even despite recent weakness the business has experienced. Much of its issues can be tied to temporary problems that will eventually ease up, which furthers the bullish case. Shares are cheap and leverage is low, justifying a bullish assessment at this time.

Ingles Markets Remains Severely Undervalued

Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2025

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and nine months ended June 28, 2025. Robert P. Ingle II, Chairman of the Board, stated, “We appreciate our associates as they continue to deliver value and a great shopping experience for our customers.” Third Quarter Results Net sales totaled $1.35 billion for the quarter ended June 28, 2025, compared with $1.39 billion for the quarter ended June 29, 2024. Gross profit for the th.

Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2025

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable July 17, 2025, to all shareholders of record on July 10, 2025.

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

Ingles Markets Is A Robust Candidate For Significant Upside

Despite recent underperformance and declining fundamentals, Ingles Markets remains a deep value play due to its attractive valuation and low leverage. Recent revenue and profit declines are largely attributable to one-time events, such as hurricane damage and holiday timing, rather than ongoing operational weakness. Compared to peers, Ingles Markets is cheaper on most valuation metrics and boasts a much stronger balance sheet with significantly lower leverage.

Ingles Markets Is A Robust Candidate For Significant Upside

Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2025

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported sales for the three and six months ended March 29, 2025. Robert P. Ingle II, Chairman of the Board, stated, “We continue to support our stores and thank our associates for their hard work delivering value to our customers.” Second Quarter 2025 Results Net sales totaled $1.33 billion for the quarter ended March 29, 2025, a decrease of 2.7% compared with $1.37 billion for the quarter ended March 30, 2024.

Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2025

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable April 17, 2025, to all shareholders of record on April 10, 2025.

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

Ingles Markets Is In The Bargain Bin

Recently, Ingles Markets has struggled, even compared to a difficult stock market. The firm has faced a revenue decline in 2024 due to inclement weather and lower fuel sales, impacting profitability significantly. Despite recent troubles, Ingles Markets remains undervalued compared to peers, with a strong balance sheet and low net leverage ratio.

Ingles Markets Is In The Bargain Bin

Ingles Markets, Incorporated Reports Results for the First Quarter of Fiscal 2025

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three months ended December 28, 2024. Robert P. Ingle II, Chairman of the Board, stated, “As recovery efforts progress in the communities we support, we remain dedicated to offering value and providing a wide range of high-quality products to our customers. We deeply appreciate the focus, dedication and hard work of our associates in making this possible.” Impact of Hurricane Helene On.

Ingles Markets, Incorporated Reports Results for the First Quarter of Fiscal 2025

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable January 16, 2025, to all shareholders of record on January 9, 2.

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

Ingles Markets: Hurricane Helene Impact Is Phasing Out

Hurricane Helene significantly impacted Ingles Markets' operations from late September forward, causing $35 million in impairments and temporary store closures. The fiscal Q4 results showed weakness from the impairments and two days of lost sales already, but the main sales impact is likely to be recorded in Ingles Markets' Q1. Only three of Ingles Markets' 198 stores remain closed in late December, and the company's distribution center already returned to full operations two weeks after the hurricane.

Ingles Markets: Hurricane Helene Impact Is Phasing Out

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