Maverick Capital Ltd. Invests $1.24 Million in Integer Holdings Corporation $ITGR

Maverick Capital Ltd. bought a new position in Integer Holdings Corporation (NYSE:ITGR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 14,051 shares of the medical equipment provider’s stock, valued at approximately $1,236,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC grew 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 acquiring an additional 118 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of Integer by 1,037.5% in the 4th quarter. TD Private Client Wealth LLC now owns 455 shares of the medical equipment provider’s stock worth $36,000 after purchasing an additional 415 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of Integer by 135.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 464 shares of the medical equipment provider’s stock worth $36,000 after purchasing an additional 267 shares during the period. Arax Advisory Partners lifted its stake in shares of Integer by 2,489.5% in the 4th quarter. Arax Advisory Partners now owns 492 shares of the medical equipment provider’s stock valued at $39,000 after purchasing an additional 473 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Integer by 193.2% during the 4th quarter. Farther Finance Advisors LLC now owns 519 shares of the medical equipment provider’s stock worth $41,000 after purchasing an additional 342 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Integer Price Performance

ITGR stock opened at $100.32 on Wednesday. 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 Holdings Corporation has a 1 year low of $62.00 and a 1 year high of $111.99. The firm has a market cap of $3.41 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 2.37 and a beta of 0.64. The stock has a 50-day simple moving average of $92.86 and a 200-day simple moving average of $88.49.

Integer (NYSE:ITGR) last announced its earnings results on Thursday, April 30th. The medical equipment provider reported $1.20 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 analysts’ expectations of $426.48 million. Integer had a net margin of 7.64% and a return on equity of 12.83%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.31 earnings per share. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. On average, equities analysts predict that Integer Holdings Corporation will post 6.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ITGR has been the subject of a number of research analyst reports. Freedom Capital raised shares of Integer to a “strong-buy” rating in a research report on Wednesday, July 22nd. Truist Financial lifted their price target on shares of Integer from $97.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Citigroup boosted their price objective on shares of Integer from $92.00 to $96.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Integer in a research report on Thursday, June 18th. Finally, HC Wainwright reissued a “buy” rating on shares of Integer in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Integer has an average rating of “Moderate Buy” and an average price target of $97.00.

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.