Massachusetts Financial Services Co. MA Buys 401,121 Shares of Integer Holdings Corporation $ITGR

Massachusetts Financial Services Co. MA increased its stake in shares of Integer Holdings Corporation (NYSE:ITGR) by 98.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 806,982 shares of the medical equipment provider’s stock after purchasing an additional 401,121 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Integer were worth $63,292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Orion Porfolio Solutions LLC grew its position in Integer by 1.4% during the 2nd 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 during the last quarter. Heritage Family Offices LLP grew its position in Integer by 4.9% during the 3rd quarter. Heritage Family Offices LLP now owns 3,443 shares of the medical equipment provider’s stock worth $356,000 after acquiring an additional 160 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Integer by 9.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,979 shares of the medical equipment provider’s stock worth $205,000 after acquiring an additional 166 shares during the last quarter. Azzad Asset Management Inc. ADV grew its position in Integer by 1.1% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 14,833 shares of the medical equipment provider’s stock worth $1,163,000 after acquiring an additional 167 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in Integer by 8.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,543 shares of the medical equipment provider’s stock worth $312,000 after acquiring an additional 188 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Tommy P. Thomas sold 825 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was 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 owned 4,381 shares of the company’s stock, valued at approximately $372,385. This represents a 15.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.16% of the company’s stock.

Analysts Set New Price Targets

ITGR has been the topic of several recent research reports. Raymond James Financial restated an “outperform” rating and set a $101.00 price target on shares of Integer in a research report on Monday, February 23rd. Citigroup increased their price objective on Integer from $75.00 to $92.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Weiss Ratings raised Integer from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 24th. Truist Financial boosted their target price on Integer from $95.00 to $97.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Wall Street Zen cut Integer from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Integer currently has an average rating of “Hold” and a consensus target price of $102.00.

Integer Price Performance

ITGR opened at $88.67 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.23 and a current ratio of 3.32. Integer Holdings Corporation has a 52-week low of $62.00 and a 52-week high of $127.56. The stock has a market capitalization of $3.02 billion, a PE ratio of 30.90, a price-to-earnings-growth ratio of 1.48 and a beta of 0.71. The stock’s 50 day moving average price is $85.87 and its 200-day moving average price is $82.88.

Integer (NYSE:ITGR) last posted its earnings results on Thursday, February 19th. The medical equipment provider reported $1.76 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $472.06 million for the quarter, compared to analysts’ expectations of $462.73 million. During the same period in the previous year, the firm earned $1.43 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Integer has set its FY 2026 guidance at 6.290-6.780 EPS. On average, equities research analysts predict that Integer Holdings Corporation will post 6.01 EPS for the current year.

Integer 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.