GW&K Investment Management LLC Buys 118,846 Shares of Integer Holdings Corporation $ITGR

GW&K Investment Management LLC grew its stake in shares of Integer Holdings Corporation (NYSE:ITGR) by 28.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 534,923 shares of the medical equipment provider’s stock after purchasing an additional 118,846 shares during the quarter. GW&K Investment Management LLC owned approximately 1.53% of Integer worth $41,955,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. William Blair Investment Management LLC purchased a new position in shares of Integer during the third quarter valued at approximately $28,459,000. Public Sector Pension Investment Board boosted its holdings in Integer by 14.9% in the third quarter. Public Sector Pension Investment Board now owns 136,632 shares of the medical equipment provider’s stock valued at $14,118,000 after acquiring an additional 17,699 shares in the last quarter. Magnetar Financial LLC purchased a new position in Integer during the 3rd quarter valued at $1,890,000. Tudor Investment Corp ET AL raised its holdings in Integer by 50,787.5% in the 3rd quarter. Tudor Investment Corp ET AL now owns 29,500,000 shares of the medical equipment provider’s stock worth $28,606,000 after purchasing an additional 29,442,029 shares in the last quarter. Finally, Jennison Associates LLC purchased a new stake in shares of Integer in the 4th quarter worth about $1,036,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Integer

In other news, VP Tommy P. Thomas sold 825 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $85.00, for a total transaction of $70,125.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is owned by insiders.

Integer Trading Up 2.1%

NYSE:ITGR opened at $93.85 on Wednesday. The firm has a market capitalization of $3.19 billion, a P/E ratio of 23.40, a PEG ratio of 2.19 and a beta of 0.66. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.75 and a quick ratio of 2.38. Integer Holdings Corporation has a one year low of $62.00 and a one year high of $123.78. The company’s 50-day simple moving average is $88.15 and its 200 day simple moving average is $83.76.

Integer (NYSE:ITGR) last announced its earnings results on Thursday, April 30th. The medical equipment provider reported $1.20 earnings per share for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.01). The business had revenue of $439.58 million for the quarter, compared to the consensus estimate of $426.48 million. Integer had a net margin of 7.64% and a return on equity of 12.83%. Integer’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the business posted $1.31 EPS. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, analysts forecast that Integer Holdings Corporation will post 6.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ITGR. Citigroup boosted their price target on shares of Integer from $89.00 to $92.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Raymond James Financial reaffirmed an “outperform” rating and set a $101.00 price objective on shares of Integer in a research report on Monday, February 23rd. Weiss Ratings upgraded Integer from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 24th. Piper Sandler reissued an “overweight” rating and issued a $97.00 target price (up from $87.00) on shares of Integer in a research report on Friday, May 1st. Finally, Wells Fargo & Company raised their target price on Integer from $72.00 to $84.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Four 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. According to MarketBeat, Integer has an average rating of “Hold” and an average target price of $98.71.

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.