Integer Holdings Corporation $ITGR Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its holdings in shares of Integer Holdings Corporation (NYSE:ITGRFree Report) by 7.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 437,964 shares of the medical equipment provider’s stock after purchasing an additional 29,885 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Integer were worth $34,350,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Salomon & Ludwin LLC boosted its position in Integer by 46.8% during the fourth quarter. Salomon & Ludwin LLC now owns 370 shares of the medical equipment provider’s stock valued at $29,000 after purchasing an additional 118 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in Integer by 1.4% in the second quarter. Orion Porfolio Solutions LLC now owns 9,755 shares of the medical equipment provider’s stock valued at $1,200,000 after purchasing an additional 138 shares in the last quarter. Lido Advisors LLC grew its stake in Integer by 5.5% in the fourth quarter. Lido Advisors LLC now owns 2,887 shares of the medical equipment provider’s stock valued at $226,000 after purchasing an additional 151 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Integer by 9.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,979 shares of the medical equipment provider’s stock valued at $205,000 after purchasing an additional 166 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV grew its stake in Integer by 1.1% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 14,833 shares of the medical equipment provider’s stock valued at $1,163,000 after purchasing an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Wall Street Analyst Weigh In

ITGR has been the topic of a number of recent research reports. Weiss Ratings upgraded Integer from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 24th. Truist Financial boosted their target price on Integer from $95.00 to $97.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Citigroup lowered their target price 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 restated 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. Finally, Wall Street Zen downgraded Integer from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Four research 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 data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $98.29.

Read Our Latest Analysis on ITGR

Insider Activity

In other 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 transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.10% of the company’s stock.

Integer Stock Performance

ITGR opened at $88.15 on Friday. The company has a market cap 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 has a 50-day moving average of $86.23 and a 200-day moving average of $80.91. Integer Holdings Corporation has a 52-week low of $62.00 and a 52-week high of $123.78. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.38 and a current ratio of 3.75.

Integer (NYSE:ITGRGet Free Report) last released 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 company had revenue of $439.58 million for the quarter, compared to the consensus estimate of $426.48 million. Integer had a return on equity of 12.83% and a net margin of 7.64%.The business’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company posted $1.31 EPS. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, equities research analysts forecast that Integer Holdings Corporation will post 6.11 earnings per share for the current fiscal year.

Integer Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Integer (NYSE:ITGR)

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