Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Integer Holdings Corporation (NYSE:ITGR – Free Report) by 1,141.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 819,046 shares of the medical equipment provider’s stock after purchasing an additional 753,081 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Integer were worth $72,076,000 as of its most recent filing with the SEC.
Other institutional investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio raised its holdings in shares of Integer by 19.0% in the first quarter. Public Employees Retirement System of Ohio now owns 26,185 shares of the medical equipment provider’s stock valued at $2,304,000 after buying an additional 4,177 shares during the last quarter. Lido Advisors LLC boosted its stake in shares of Integer by 752.0% during the first quarter. Lido Advisors LLC now owns 24,597 shares of the medical equipment provider’s stock worth $2,165,000 after buying an additional 21,710 shares during the period. State of Wyoming grew its holdings in shares of Integer by 100.7% during the first quarter. State of Wyoming now owns 3,227 shares of the medical equipment provider’s stock worth $284,000 after buying an additional 1,619 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Integer by 4.7% during the first quarter. PNC Financial Services Group Inc. now owns 4,912 shares of the medical equipment provider’s stock worth $432,000 after buying an additional 219 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Integer by 6.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,484,396 shares of the medical equipment provider’s stock worth $130,620,000 after buying an additional 90,277 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have commented on ITGR shares. KeyCorp reaffirmed an “overweight” rating and set a $104.00 price objective on shares of Integer in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Integer in a research note on Thursday, June 18th. Piper Sandler reiterated an “overweight” rating and issued a $97.00 target price (up from $87.00) on shares of Integer in a research note on Friday, May 1st. Zacks Research raised Integer from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Finally, Freedom Capital upgraded Integer to a “strong-buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $97.00.
Integer Stock Up 1.1%
Shares of NYSE:ITGR opened at $98.61 on Friday. Integer Holdings Corporation has a fifty-two week low of $62.00 and a fifty-two week high of $111.99. The company has a quick ratio of 2.38, a current ratio of 3.75 and a debt-to-equity ratio of 0.77. The firm’s 50-day simple moving average is $92.47 and its 200-day simple moving average is $88.16. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 2.35 and a beta of 0.64.
Integer (NYSE:ITGR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The medical equipment provider reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by ($0.01). The firm had revenue of $439.58 million for the quarter, compared to analysts’ expectations of $426.48 million. Integer had a return on equity of 12.83% and a net margin of 7.64%.The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the company earned $1.31 earnings per share. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, equities research analysts predict that Integer Holdings Corporation will post 6.04 earnings per share for the current year.
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.
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