Lido Advisors LLC Raises Stock Holdings in Integer Holdings Corporation $ITGR

Lido Advisors LLC boosted its position in shares of Integer Holdings Corporation (NYSE:ITGR) by 752.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,597 shares of the medical equipment provider’s stock after buying an additional 21,710 shares during the quarter. Lido Advisors LLC owned approximately 0.07% of Integer worth $2,165,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ITGR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Integer by 4.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,515 shares of the medical equipment provider’s stock valued at $2,539,000 after acquiring an additional 837 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Integer by 2,408.8% during the first quarter. Millennium Management LLC now owns 123,132 shares of the medical equipment provider’s stock worth $14,531,000 after purchasing an additional 118,224 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Integer by 79,888.9% in the first quarter. Jones Financial Companies Lllp now owns 7,199 shares of the medical equipment provider’s stock worth $850,000 after purchasing an additional 7,190 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Integer in the first quarter worth about $258,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Integer by 4.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 109,316 shares of the medical equipment provider’s stock worth $12,900,000 after purchasing an additional 4,873 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Integer Stock Down 0.0%

Shares of NYSE:ITGR opened at $98.61 on Monday. Integer Holdings Corporation has a 52-week low of $62.00 and a 52-week high of $111.99. The firm has a market capitalization of $3.35 billion, a P/E ratio of 24.59, a P/E/G ratio of 2.35 and a beta of 0.64. The stock has a 50 day moving average price of $92.47 and a 200-day moving average price of $88.22. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.38 and a current ratio of 3.75.

Integer (NYSE:ITGR) last released its quarterly earnings results on Thursday, April 30th. The medical equipment provider reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.01). The firm had revenue of $439.58 million for the quarter, compared to the consensus estimate of $426.48 million. Integer had a net margin of 7.64% and a return on equity of 12.83%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.31 earnings per share. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, equities research analysts anticipate that Integer Holdings Corporation will post 6.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ITGR. Freedom Capital raised Integer to a “strong-buy” rating in a research report on Wednesday, July 22nd. Truist Financial lifted their price objective on Integer from $97.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Piper Sandler reissued an “overweight” rating and set a $97.00 target price (up from $87.00) on shares of Integer in a research note on Friday, May 1st. KeyCorp restated an “overweight” rating and set a $104.00 target price on shares of Integer in a report on Tuesday, July 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Integer in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Integer has an average rating of “Moderate Buy” and an average price target of $97.00.

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.