State of Wyoming Buys Shares of 6,227 Integer Holdings Corporation $ITGR

State of Wyoming bought a new position in shares of Integer Holdings Corporation (NYSE:ITGR) during the second quarter, HoldingsChannel reports. The fund bought 6,227 shares of the medical equipment provider’s stock, valued at approximately $582,000.

Several other institutional investors also recently modified their holdings of ITGR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Integer by 4.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,515 shares of the medical equipment provider’s stock worth $2,539,000 after acquiring an additional 837 shares during the last quarter. Millennium Management LLC raised its position in Integer by 2,408.8% in the first quarter. Millennium Management LLC now owns 123,132 shares of the medical equipment provider’s stock valued at $14,531,000 after purchasing an additional 118,224 shares during the last quarter. Jones Financial Companies Lllp raised its position in Integer by 79,888.9% in the first quarter. Jones Financial Companies Lllp now owns 7,199 shares of the medical equipment provider’s stock valued at $850,000 after purchasing an additional 7,190 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Integer during the first quarter valued at about $258,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Integer by 4.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,316 shares of the medical equipment provider’s stock valued at $12,900,000 after purchasing an additional 4,873 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Integer Trading Up 0.1%

Shares of ITGR stock opened at $125.34 on Monday. Integer Holdings Corporation has a 1-year low of $62.00 and a 1-year high of $126.14. The company has a current ratio of 3.73, a quick ratio of 2.41 and a debt-to-equity ratio of 0.75. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of 34.24, a PEG ratio of 2.98 and a beta of 0.61. The stock has a 50-day moving average of $100.80 and a 200-day moving average of $91.78.

Integer (NYSE:ITGR) last issued its quarterly earnings results on Monday, August 3rd. The medical equipment provider reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.22. The firm had revenue of $464.11 million for the quarter, compared to the consensus estimate of $451.07 million. Integer had a net margin of 6.97% and a return on equity of 12.79%. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.55 EPS. On average, equities research analysts forecast that Integer Holdings Corporation will post 6.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ITGR shares. KeyCorp downgraded Integer from an “overweight” rating to a “sector weight” rating in a research note on Monday, August 3rd. Zacks Research upgraded shares of Integer from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Freedom Capital downgraded shares of Integer from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Piper Sandler lowered shares of Integer from an “overweight” rating to a “hold” rating and set a $127.00 target price on the stock. in a report on Monday, August 3rd. Finally, Wells Fargo & Company upped their price target on shares of Integer from $84.00 to $127.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, Integer currently has an average rating of “Hold” and a consensus target price of $109.86.

Integer Company 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.