GW&K Investment Management LLC Raises Holdings in Integer Holdings Corporation $ITGR

GW&K Investment Management LLC grew its holdings in Integer Holdings Corporation (NYSE:ITGR) by 28.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 534,923 shares of the medical equipment provider’s stock after purchasing an additional 118,846 shares during the period. GW&K Investment Management LLC’s holdings in Integer were worth $41,955,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. WINTON GROUP Ltd purchased a new position in Integer in the 4th quarter worth about $4,836,000. Vise Technologies Inc. boosted its holdings in shares of Integer by 27.9% during the 4th quarter. Vise Technologies Inc. now owns 6,474 shares of the medical equipment provider’s stock valued at $508,000 after acquiring an additional 1,411 shares during the last quarter. State of Wyoming grew its stake in shares of Integer by 434.2% in the fourth quarter. State of Wyoming now owns 1,608 shares of the medical equipment provider’s stock worth $126,000 after acquiring an additional 1,307 shares during the period. Lido Advisors LLC raised its holdings in shares of Integer by 5.5% during 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 during the last quarter. Finally, CIBC Asset Management Inc purchased a new position in shares of Integer during the fourth quarter valued at approximately $263,000. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Analysts Set New Price Targets

ITGR has been the subject of a number of research reports. Weiss Ratings upgraded shares of Integer from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 24th. Piper Sandler reaffirmed an “overweight” rating and issued a $97.00 price objective (up from $87.00) on shares of Integer in a report on Friday, May 1st. Zacks Research cut Integer from a “hold” rating to a “strong sell” rating in a research report on Monday, May 11th. Truist Financial upped their price target on shares of Integer from $95.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $101.00 price objective on shares of Integer in a report on Monday, February 23rd. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $98.71.

Integer Stock Performance

Shares of ITGR opened at $93.85 on Wednesday. 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 business has a 50-day simple moving average of $88.15 and a two-hundred day simple moving average of $83.76. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 23.40, a PEG ratio of 2.19 and a beta of 0.66. Integer Holdings Corporation has a 52 week low of $62.00 and a 52 week high of $123.78.

Integer (NYSE:ITGR) last posted its quarterly earnings data 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 company had revenue of $439.58 million for the quarter, compared to analysts’ expectations of $426.48 million. Integer had a net margin of 7.64% and a return on equity of 12.83%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.31 earnings per share. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. On average, analysts expect that Integer Holdings Corporation will post 6.04 EPS for the current year.

Insiders Place Their Bets

In other Integer news, VP Tommy P. Thomas sold 825 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $85.00, for a total value 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 represents a 15.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is owned by corporate 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.