VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $663,000 Investment in Integer Holdings Corporation $ITGR

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Integer Holdings Corporation (NYSE:ITGR) during the fourth quarter, HoldingsChannel reports. The fund acquired 8,450 shares of the medical equipment provider’s stock, valued at approximately $663,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Tudor Investment Corp ET AL boosted its stake in Integer by 50,787.5% in the third 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. Vanguard Group Inc. boosted its stake in Integer by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 3,886,150 shares of the medical equipment provider’s stock worth $304,791,000 after purchasing an additional 14,465 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Integer by 4.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,410,480 shares of the medical equipment provider’s stock worth $145,738,000 after purchasing an additional 65,865 shares in the last quarter. State Street Corp boosted its stake in Integer by 1.0% in the second quarter. State Street Corp now owns 1,326,050 shares of the medical equipment provider’s stock worth $163,064,000 after purchasing an additional 13,540 shares in the last quarter. Finally, Viking Global Investors LP boosted its stake in Integer by 9.1% in the second quarter. Viking Global Investors LP now owns 1,283,965 shares of the medical equipment provider’s stock worth $157,889,000 after purchasing an additional 106,692 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ITGR shares. Raymond James Financial reissued an “outperform” rating and issued a $101.00 price objective on shares of Integer in a research note on Monday, February 23rd. Citigroup reduced their price objective on Integer from $92.00 to $89.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Piper Sandler reaffirmed an “overweight” rating and set a $97.00 price target (up from $87.00) on shares of Integer in a research note on Friday, May 1st. Zacks Research lowered Integer from a “hold” rating to a “strong sell” rating in a research note on Monday, May 11th. Finally, Wells Fargo & Company upped their price target 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 assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $98.29.

Integer Trading Down 0.0%

Shares of ITGR opened at $88.15 on Monday. The company has a quick ratio of 2.38, a current ratio of 3.75 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 firm has a market capitalization of $2.99 billion, a PE ratio of 21.98, a price-to-earnings-growth ratio of 2.08 and a beta of 0.67. The stock’s fifty day simple moving average is $86.23 and its 200-day simple moving average is $80.99.

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 analysts’ consensus estimates of $1.21 by ($0.01). The company had revenue of $439.58 million during 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%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.31 EPS. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, research analysts predict that Integer Holdings Corporation will post 6.11 earnings per share for the current year.

Insider Buying and Selling

In related news, VP Tommy P. Thomas sold 825 shares of the company’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 completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.10% of the company’s stock.

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.