Integer Holdings Co. (NYSE:ITGR) Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D boosted its position in shares of Integer Holdings Co. (NYSE:ITGR) by 1.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,582 shares of the medical equipment provider’s stock after acquiring an additional 268 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Integer were worth $2,026,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ITGR. Crossmark Global Holdings Inc. boosted its stake in shares of Integer by 14.7% in the third quarter. Crossmark Global Holdings Inc. now owns 2,899 shares of the medical equipment provider’s stock valued at $377,000 after purchasing an additional 372 shares during the period. Legacy Capital Wealth Partners LLC lifted its holdings in Integer by 92.1% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 3,688 shares of the medical equipment provider’s stock worth $479,000 after buying an additional 1,768 shares in the last quarter. Portside Wealth Group LLC purchased a new position in Integer in the 3rd quarter valued at approximately $356,000. Moloney Securities Asset Management LLC grew its stake in shares of Integer by 8.0% in the third quarter. Moloney Securities Asset Management LLC now owns 8,523 shares of the medical equipment provider’s stock worth $1,108,000 after acquiring an additional 632 shares in the last quarter. Finally, QRG Capital Management Inc. increased its position in shares of Integer by 7.0% during the third quarter. QRG Capital Management Inc. now owns 35,564 shares of the medical equipment provider’s stock worth $4,623,000 after acquiring an additional 2,313 shares during the period. 99.29% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on ITGR shares. Piper Sandler reissued an “overweight” rating and set a $140.00 target price (up from $125.00) on shares of Integer in a research note on Friday, October 25th. Bank of America boosted their price objective on Integer from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, October 1st. Benchmark raised their target price on shares of Integer from $130.00 to $140.00 and gave the company a “buy” rating in a report on Monday, October 21st. Truist Financial lowered their price target on shares of Integer from $150.00 to $147.00 and set a “buy” rating for the company in a report on Friday, October 25th. Finally, Citigroup raised their price objective on shares of Integer from $124.00 to $130.00 and gave the company a “neutral” rating in a report on Tuesday, October 1st. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.75.

Integer Price Performance

Shares of NYSE:ITGR opened at $133.18 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.28 and a quick ratio of 2.09. Integer Holdings Co. has a 12 month low of $84.75 and a 12 month high of $140.91. The firm has a market capitalization of $4.47 billion, a P/E ratio of 41.12, a P/E/G ratio of 1.98 and a beta of 1.09. The company’s fifty day moving average price is $129.20 and its 200 day moving average price is $122.59.

Integer (NYSE:ITGR) last posted its earnings results on Thursday, October 24th. The medical equipment provider reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.07. The business had revenue of $431.42 million during the quarter, compared to the consensus estimate of $440.59 million. Integer had a return on equity of 11.63% and a net margin of 6.70%. The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.27 EPS. As a group, sell-side analysts predict that Integer Holdings Co. will post 5.33 earnings per share for the current fiscal year.

About Integer

Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through two segments, Medical and Non-Medical. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures.