American Century Companies Inc. Sells 394,303 Shares of Integer Holdings Corporation $ITGR

American Century Companies Inc. cut its stake in Integer Holdings Corporation (NYSE:ITGR) by 51.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 370,749 shares of the medical equipment provider’s stock after selling 394,303 shares during the period. American Century Companies Inc. owned 1.06% of Integer worth $38,310,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in shares of Integer during the third quarter valued at about $26,000. Global Retirement Partners LLC lifted its position in Integer by 293.8% in the 3rd quarter. Global Retirement Partners LLC now owns 319 shares of the medical equipment provider’s stock valued at $33,000 after acquiring an additional 238 shares in the last quarter. MAI Capital Management boosted its stake in Integer by 220.9% during the 2nd quarter. MAI Capital Management now owns 369 shares of the medical equipment provider’s stock valued at $45,000 after purchasing an additional 254 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Integer by 210.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 534 shares of the medical equipment provider’s stock valued at $66,000 after purchasing an additional 362 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Integer by 861.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 692 shares of the medical equipment provider’s stock worth $85,000 after purchasing an additional 620 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Integer Price Performance

ITGR opened at $84.28 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.32 and a quick ratio of 2.23. The firm has a market cap of $2.90 billion, a PE ratio of 29.37, a P/E/G ratio of 1.45 and a beta of 0.75. Integer Holdings Corporation has a 1 year low of $62.00 and a 1 year high of $127.56. The stock has a 50-day moving average price of $84.63 and a 200-day moving average price of $86.83.

Integer (NYSE:ITGR) last released its quarterly earnings data on Thursday, February 19th. The medical equipment provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.70 by $0.06. Integer had a return on equity of 13.26% and a net margin of 5.55%.The company had revenue of $472.06 million during the quarter, compared to the consensus estimate of $462.73 million. During the same period last year, the company earned $1.43 EPS. Integer’s revenue for the quarter was up 5.0% on a year-over-year basis. Integer has set its FY 2026 guidance at 6.290-6.780 EPS. Sell-side analysts predict that Integer Holdings Corporation will post 6.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ITGR shares. Wells Fargo & Company raised their target price on Integer from $72.00 to $84.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Truist Financial upped their price target on Integer from $95.00 to $97.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Citigroup raised their price objective on Integer from $75.00 to $92.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Raymond James Financial reiterated an “outperform” rating and issued a $101.00 target price on shares of Integer in a research note on Monday, February 23rd. Finally, Wall Street Zen lowered Integer from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $102.00.

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.