State of New Jersey Common Pension Fund D Grows Holdings in Integer Holdings Corporation $ITGR

State of New Jersey Common Pension Fund D lifted its position in shares of Integer Holdings Corporation (NYSE:ITGR) by 59.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,836 shares of the medical equipment provider’s stock after acquiring an additional 11,925 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Integer were worth $2,497,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC raised its holdings in Integer by 46.8% in the 4th quarter. Salomon & Ludwin LLC now owns 370 shares of the medical equipment provider’s stock worth $29,000 after purchasing an additional 118 shares during the period. Orion Porfolio Solutions LLC boosted its position in Integer by 1.4% during the second quarter. Orion Porfolio Solutions LLC now owns 9,755 shares of the medical equipment provider’s stock worth $1,200,000 after purchasing an additional 138 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in 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. Azzad Asset Management Inc. ADV boosted its position in Integer by 1.1% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 14,833 shares of the medical equipment provider’s stock worth $1,163,000 after purchasing an additional 167 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its position in 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 hedge funds and other institutional investors.

Insider Activity at Integer

In other Integer 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 transaction of $70,125.00. Following the completion of the transaction, the vice president owned 4,381 shares of the company’s stock, valued at $372,385. This represents a 15.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.10% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on ITGR shares. Piper Sandler reiterated an “overweight” rating and set a $97.00 price target (up from $87.00) on shares of Integer in a research report on Friday, May 1st. Truist Financial increased their price target on Integer from $95.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Raymond James Financial reiterated an “outperform” rating and set a $101.00 price target on shares of Integer in a research report on Monday, February 23rd. Wells Fargo & Company increased their price target on Integer from $72.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Finally, Weiss Ratings upgraded Integer from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 24th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $98.29.

Integer Price Performance

Shares of Integer stock opened at $86.47 on Thursday. The business has a 50 day simple moving average of $86.10 and a two-hundred day simple moving average of $81.22. Integer Holdings Corporation has a 12 month low of $62.00 and a 12 month high of $123.78. The stock has a market capitalization of $2.94 billion, a P/E ratio of 21.56, a PEG ratio of 1.49 and a beta of 0.67. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.75 and a quick ratio of 2.38.

Integer (NYSE:ITGR) last announced its earnings results on Thursday, April 30th. The medical equipment provider reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.01). Integer had a net margin of 7.64% and a return on equity of 12.83%. The firm had revenue of $439.58 million for the quarter, compared to analyst estimates of $426.48 million. During the same period in the previous year, the company earned $1.31 EPS. Integer’s revenue was up .5% compared to the same quarter last year. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, analysts predict that Integer Holdings Corporation will post 6.11 EPS for the current fiscal year.

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.