Massachusetts Financial Services Co. MA Acquires New Shares in Integer Holdings Corporation $ITGR

Massachusetts Financial Services Co. MA purchased a new position in shares of Integer Holdings Corporation (NYSE:ITGR) in the 3rd quarter, Holdings Channel reports. The firm purchased 405,861 shares of the medical equipment provider’s stock, valued at approximately $41,938,000.

Other hedge funds have also added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in shares of Integer in the third quarter valued at about $26,000. Global Retirement Partners LLC raised its holdings in Integer by 293.8% during the third quarter. Global Retirement Partners LLC now owns 319 shares of the medical equipment provider’s stock worth $33,000 after buying an additional 238 shares during the last quarter. CWM LLC raised its stake in shares of Integer by 46.1% in the second quarter. CWM LLC now owns 355 shares of the medical equipment provider’s stock worth $44,000 after purchasing an additional 112 shares during the last quarter. MAI Capital Management raised its holdings in shares of Integer by 220.9% in the second quarter. MAI Capital Management now owns 369 shares of the medical equipment provider’s stock valued at $45,000 after purchasing an additional 254 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Integer by 210.5% during the second quarter. EverSource Wealth Advisors LLC now owns 534 shares of the medical equipment provider’s stock valued at $66,000 after acquiring an additional 362 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Integer News Summary

Here are the key news stories impacting Integer this week:

• Neutral Sentiment: Market context — trading is elevated and the stock is up today, with volume above average; investors should weigh the short-term bounce against longer-term legal overhang and fundamentals.
• Negative Sentiment: Class-action claims allege securities fraud tied to overstated demand and link to a roughly 32% prior stock drop, increasing potential liability concerns for the company. Kahn Swick Class Action Notice BFA Law Court Notice
• Negative Sentiment: Multiple plaintiff firms have announced filings and are soliciting lead-plaintiff candidates for the class period (July 25, 2024–Oct 22, 2025), amplifying the publicity and potential legal costs. Representative notices from Berger Montague, Bragar Eagel & Squire, Levi & Korsinsky and Pomerantz are circulating. Berger Montague Deadline Alert Bragar Eagel & Squire Reminder Levi & Korsinsky Notice Pomerantz Investor Alert
• Negative Sentiment: Gross Law Firm specifically reports suing Integer for securities-law violations, adding to the number of named actions and increasing uncertainty about management liability and potential settlements. Gross Law Firm Suit Notice
• Negative Sentiment: Practical impact for investors — increased legal cloud can drive volatility, potential future impairment to earnings (settlements/penalties/legal fees), and could weigh on valuation multiples until outcomes become clearer; monitor filings, defense statements from Integer, and any SEC involvement. Rosen Law Reminder

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ITGR shares. Citigroup boosted their target price on shares of Integer from $69.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, December 11th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $80.00 price objective (down previously from $132.00) on shares of Integer in a research note on Friday, October 24th. Piper Sandler reduced their price objective on Integer from $155.00 to $82.00 and set an “overweight” rating for the company in a report on Friday, October 24th. Truist Financial boosted their target price on Integer from $86.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Finally, Bank of America cut Integer from a “buy” rating to a “neutral” rating and set a $87.00 price target on the stock. in a research report on Friday, October 24th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Integer presently has an average rating of “Hold” and an average target price of $98.38.

Integer Trading Up 2.2%

NYSE:ITGR opened at $87.06 on Thursday. Integer Holdings Corporation has a 1 year low of $62.00 and a 1 year high of $146.36. The stock’s fifty day moving average price is $75.96 and its two-hundred day moving average price is $92.33. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.71 and a quick ratio of 2.45. The company has a market cap of $3.05 billion, a P/E ratio of 36.43, a P/E/G ratio of 0.78 and a beta of 0.78.

Integer (NYSE:ITGR) last announced its quarterly earnings results on Thursday, October 23rd. The medical equipment provider reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.11. Integer had a return on equity of 12.84% and a net margin of 4.75%.During the same period in the previous year, the firm earned $1.43 earnings per share. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. As a group, analysts expect that Integer Holdings Corporation will post 6.01 EPS for the current year.

Integer declared that its board has approved a share repurchase plan on Tuesday, November 4th that permits the company to buyback $200.00 million in shares. This buyback authorization permits the medical equipment provider to repurchase up to 8.3% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other Integer news, VP Tommy P. Thomas sold 884 shares of Integer stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $70.15, for a total transaction of $62,012.60. Following the completion of the transaction, the vice president owned 3,596 shares of the company’s stock, valued at $252,259.40. The trade was a 19.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Payman Khales purchased 3,127 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were bought at an average price of $64.94 per share, for a total transaction of $203,067.38. Following the completion of the transaction, the chief executive officer owned 22,865 shares of the company’s stock, valued at approximately $1,484,853.10. This trade represents a 15.84% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 5,843 shares of company stock worth $384,771 in the last 90 days. 2.16% of the stock is owned by company insiders.

Integer Profile

Integer Holdings Corporation (NYSE: ITGR) is a global provider of outsourced medical device design, development and manufacturing solutions. The company partners with leading medical technology firms to deliver complex components, subsystems and finished devices across a range of therapeutic areas. Its services encompass concept and product design, precision machining, microelectronic assembly, terminal sterilization and regulatory support, enabling customers to accelerate time to market and optimize product performance.

Integer’s product portfolio is organized into two core segments: Advanced Delivery and MedTech.