Dimensional Fund Advisors LP Raises Stock Position in Integer Holdings Corporation $ITGR

Dimensional Fund Advisors LP grew its stake in shares of Integer Holdings Corporation (NYSE:ITGR) by 4.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,410,480 shares of the medical equipment provider’s stock after acquiring an additional 65,865 shares during the period. Dimensional Fund Advisors LP owned about 4.03% of Integer worth $145,738,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ITGR. Alliancebernstein L.P. increased its stake in Integer by 885.1% in the 2nd quarter. Alliancebernstein L.P. now owns 1,106,091 shares of the medical equipment provider’s stock valued at $136,016,000 after purchasing an additional 993,810 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in Integer in the third quarter valued at $41,938,000. William Blair Investment Management LLC purchased a new position in shares of Integer in the third quarter valued at $28,459,000. Tributary Capital Management LLC increased its position in shares of Integer by 92.6% in the third quarter. Tributary Capital Management LLC now owns 499,776 shares of the medical equipment provider’s stock valued at $51,642,000 after buying an additional 240,226 shares in the last quarter. Finally, Millennium Management LLC raised its stake in shares of Integer by 2,408.8% during the 1st quarter. Millennium Management LLC now owns 123,132 shares of the medical equipment provider’s stock worth $14,531,000 after buying an additional 118,224 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Integer Trading Down 2.4%

Shares of ITGR stock opened at $83.35 on Wednesday. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 29.04, a PEG ratio of 1.45 and a beta of 0.75. The company has a current ratio of 3.32, a quick ratio of 2.23 and a debt-to-equity ratio of 0.69. The firm has a 50-day moving average price of $84.87 and a 200 day moving average price of $86.21. Integer Holdings Corporation has a twelve month low of $62.00 and a twelve month high of $127.56.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ITGR shares. Truist Financial boosted their price objective on shares of Integer from $95.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Wall Street Zen cut shares of Integer from a “buy” rating to a “hold” rating in a research report on Sunday, January 25th. Citigroup increased their price target on shares of Integer from $75.00 to $92.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Raymond James Financial reissued an “outperform” rating and set a $101.00 price objective on shares of Integer in a research note on Monday, February 23rd. Finally, Wells Fargo & Company lifted their price objective on Integer from $72.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Integer currently has an average rating of “Hold” and an average price target of $102.00.

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.