Vanguard Group Inc. Acquires 14,465 Shares of Integer Holdings Corporation $ITGR

Vanguard Group Inc. increased its holdings in shares of Integer Holdings Corporation (NYSE:ITGR) by 0.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,886,150 shares of the medical equipment provider’s stock after purchasing an additional 14,465 shares during the quarter. Vanguard Group Inc. owned 0.11% of Integer worth $304,791,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Global Retirement Partners LLC boosted its position in Integer by 293.8% during the 3rd quarter. Global Retirement Partners LLC now owns 319 shares of the medical equipment provider’s stock worth $33,000 after acquiring an additional 238 shares during the last quarter. Salomon & Ludwin LLC boosted its position in Integer by 46.8% during the 4th quarter. Salomon & Ludwin LLC now owns 370 shares of the medical equipment provider’s stock worth $29,000 after acquiring an additional 118 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Integer by 193.2% during the 4th quarter. Farther Finance Advisors LLC now owns 519 shares of the medical equipment provider’s stock worth $41,000 after acquiring an additional 342 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Integer by 210.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 534 shares of the medical equipment provider’s stock worth $66,000 after acquiring an additional 362 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Integer by 861.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 692 shares of the medical equipment provider’s stock worth $85,000 after acquiring an additional 620 shares during the last quarter. 99.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, VP Tommy P. Thomas sold 825 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $85.00, for a total value of $70,125.00. Following the sale, the vice president owned 4,381 shares in the company, valued at approximately $372,385. This represents a 15.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.10% of the company’s stock.

Integer Trading Up 1.6%

NYSE ITGR opened at $87.70 on Friday. The company has a market cap of $2.98 billion, a PE ratio of 21.87, a PEG ratio of 1.50 and a beta of 0.67. The company has a current ratio of 3.75, a quick ratio of 2.38 and a debt-to-equity ratio of 0.77. Integer Holdings Corporation has a 12 month low of $62.00 and a 12 month high of $123.78. The stock has a 50 day moving average of $86.12 and a 200-day moving average of $81.10.

Integer (NYSE:ITGR) last released its quarterly earnings data on Thursday, April 30th. The medical equipment provider reported $1.20 EPS for the quarter, missing the consensus estimate of $1.21 by ($0.01). The company had revenue of $439.58 million during the quarter, compared to analyst estimates of $426.48 million. Integer had a net margin of 7.64% and a return on equity of 12.83%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.31 EPS. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. On average, equities research analysts anticipate that Integer Holdings Corporation will post 6.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Piper Sandler reaffirmed an “overweight” rating and set a $97.00 price target (up from $87.00) on shares of Integer in a research report on Friday, May 1st. Raymond James Financial reaffirmed an “outperform” rating and set a $101.00 price target on shares of Integer in a research report on Monday, February 23rd. Weiss Ratings raised Integer from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 24th. Citigroup cut their price objective on Integer from $92.00 to $89.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Finally, Wells Fargo & Company increased their price objective on Integer from $72.00 to $84.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Integer currently has an average rating of “Hold” and a consensus price target of $98.29.

About Integer

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.