Gabelli Funds LLC Cuts Position in Integer Holdings Corporation $ITGR

Gabelli Funds LLC decreased its holdings in Integer Holdings Corporation (NYSE:ITGR) by 24.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 58,700 shares of the medical equipment provider’s stock after selling 19,300 shares during the quarter. Gabelli Funds LLC’s holdings in Integer were worth $4,604,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Integer in the fourth quarter valued at $663,000. First National Advisers LLC grew its holdings in Integer by 11.7% in the fourth quarter. First National Advisers LLC now owns 5,435 shares of the medical equipment provider’s stock valued at $426,000 after purchasing an additional 569 shares during the last quarter. Kestrel Investment Management Corp acquired a new stake in Integer in the fourth quarter valued at $5,933,000. F m Investments LLC grew its holdings in Integer by 26.3% in the fourth quarter. F m Investments LLC now owns 64,070 shares of the medical equipment provider’s stock valued at $5,025,000 after purchasing an additional 13,340 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in Integer by 10.9% in the fourth quarter. Crossmark Global Holdings Inc. now owns 2,829 shares of the medical equipment provider’s stock valued at $222,000 after purchasing an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Wall Street Zen lowered Integer from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Citigroup lowered their target price on Integer from $92.00 to $89.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Wells Fargo & Company upped their target price on Integer from $72.00 to $84.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Raymond James Financial reissued an “outperform” rating and issued a $101.00 target price on shares of Integer in a report on Monday, February 23rd. Finally, Weiss Ratings raised Integer from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 24th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $98.29.

Integer Stock Performance

NYSE ITGR opened at $91.43 on Thursday. The business’s 50-day moving average price is $86.57 and its 200 day moving average price is $81.52. Integer Holdings Corporation has a twelve month low of $62.00 and a twelve month high of $123.78. The company has a market capitalization of $3.10 billion, a PE ratio of 22.80, a price-to-earnings-growth ratio of 2.13 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 (NYSE:ITGR) last released its earnings results on Thursday, April 30th. The medical equipment provider reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.01). Integer had a return on equity of 12.83% and a net margin of 7.64%.The business had revenue of $439.58 million for the quarter, compared to analysts’ expectations of $426.48 million. During the same quarter last year, the company posted $1.31 earnings per share. The business’s quarterly revenue was up .5% compared to the same quarter last year. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. On average, research analysts predict that Integer Holdings Corporation will post 6.11 earnings per share for the current year.

Insider Activity at Integer

In other news, VP Tommy P. Thomas sold 825 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $85.00, for a total value of $70,125.00. Following the transaction, the vice president directly owned 4,381 shares in the company, valued at $372,385. This trade represents a 15.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by company insiders.

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.