Alliancebernstein L.P. Raises Stake in Integer Holdings Corporation $ITGR

Alliancebernstein L.P. increased its holdings in shares of Integer Holdings Corporation (NYSE:ITGR) by 13.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,259,509 shares of the medical equipment provider’s stock after purchasing an additional 153,418 shares during the quarter. Alliancebernstein L.P. owned 3.59% of Integer worth $130,145,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ITGR. Orion Porfolio Solutions LLC increased its position in shares of Integer by 1.4% in the second quarter. Orion Porfolio Solutions LLC now owns 9,755 shares of the medical equipment provider’s stock worth $1,200,000 after acquiring an additional 138 shares in the last quarter. Ameritas Investment Partners Inc. raised its position in Integer by 4.4% in the second quarter. Ameritas Investment Partners Inc. now owns 3,521 shares of the medical equipment provider’s stock valued at $433,000 after purchasing an additional 148 shares during the period. Heritage Family Offices LLP raised its position in Integer by 4.9% in the third quarter. Heritage Family Offices LLP now owns 3,443 shares of the medical equipment provider’s stock valued at $356,000 after purchasing an additional 160 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Integer by 9.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,979 shares of the medical equipment provider’s stock worth $205,000 after purchasing an additional 166 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in shares of Integer by 8.0% during the second quarter. Osaic Holdings Inc. now owns 2,543 shares of the medical equipment provider’s stock worth $312,000 after purchasing an additional 188 shares in the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Integer Stock Up 1.3%

Shares of NYSE:ITGR opened at $84.04 on Tuesday. The firm has a market cap of $2.89 billion, a PE ratio of 29.28, a price-to-earnings-growth ratio of 1.41 and a beta of 0.75. The company has a fifty day simple moving average of $85.32 and a 200 day simple moving average of $85.52. The company has a current ratio of 3.32, a quick ratio of 2.23 and a debt-to-equity ratio of 0.69. Integer Holdings Corporation has a 12-month low of $62.00 and a 12-month high of $127.56.

Integer (NYSE:ITGR) last posted its quarterly earnings data on Thursday, February 19th. The medical equipment provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.06. The firm had revenue of $472.06 million for the quarter, compared to the consensus estimate of $462.73 million. Integer had a net margin of 5.55% and a return on equity of 13.26%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.43 EPS. Integer has set its FY 2026 guidance at 6.290-6.780 EPS. On average, equities research analysts anticipate that Integer Holdings Corporation will post 6.01 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ITGR has been the subject 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. Wells Fargo & Company upped their price target on Integer from $72.00 to $84.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. Citigroup increased their price objective 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. Wall Street Zen lowered shares of Integer from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Finally, Truist Financial boosted their target price 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. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus 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.