Quantbot Technologies LP Sells 20,471 Shares of Integer Holdings Corporation $ITGR

Key Points

• Quantbot Technologies LP sold 20,471 shares of Integer, cutting its stake by 59.9% to 13,731 shares worth about $1.42 million per the latest SEC filing.
• Integer beat quarterly expectations, reporting $1.76 EPS vs. $1.70 consensus and $472.06 million in revenue (up 5% YoY), and set FY2026 guidance of 6.290–6.780 EPS.
• Analysts are mixed: four firms rate Integer a Buy and six a Hold, with a MarketBeat consensus of "Hold" and a consensus target price of $102.00 after several recent target increases.

Quantbot Technologies LP cut its holdings in shares of Integer Holdings Corporation (NYSE:ITGR - Free Report) by 59.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,731 shares of the medical equipment provider's stock after selling 20,471 shares during the quarter. Quantbot Technologies LP's holdings in Integer were worth $1,419,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new position in Integer during the 3rd quarter worth $26,000. Global Retirement Partners LLC increased its position in shares of Integer by 293.8% in the third quarter. Global Retirement Partners LLC now owns 319 shares of the medical equipment provider's stock worth $33,000 after purchasing an additional 238 shares during the period. CWM LLC raised its stake in Integer by 46.1% in the second quarter. CWM LLC now owns 355 shares of the medical equipment provider's stock valued at $44,000 after purchasing an additional 112 shares in the last quarter. MAI Capital Management lifted its position in Integer by 220.9% during the second quarter. MAI Capital Management now owns 369 shares of the medical equipment provider's stock worth $45,000 after purchasing an additional 254 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in Integer by 210.5% during the second quarter. EverSource Wealth Advisors LLC now owns 534 shares of the medical equipment provider's stock worth $66,000 after buying an additional 362 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Raymond James Financial restated an "outperform" rating and issued a $101.00 target price on shares of Integer in a research report on Monday, February 23rd. Truist Financial boosted their price objective on shares of Integer from $95.00 to $97.00 and gave the company a "buy" rating in a research report on Friday, February 20th. Wall Street Zen downgraded Integer from a "buy" rating to a "hold" rating in a report on Sunday, January 25th. Citigroup boosted their price target on Integer from $75.00 to $92.00 and gave the stock a "neutral" rating in a report on Friday, February 20th. Finally, Wells Fargo & Company upped their price objective on Integer from $72.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $102.00.

Integer Stock Performance

NYSE:ITGR opened at $85.18 on Friday. The stock's 50-day moving average is $84.52 and its 200-day moving average is $86.98. Integer Holdings Corporation has a 1-year low of $62.00 and a 1-year high of $127.56. The company has a current ratio of 3.32, a quick ratio of 2.23 and a debt-to-equity ratio of 0.69. The stock has a market cap of $2.93 billion, a P/E ratio of 29.68, a price-to-earnings-growth ratio of 1.46 and a beta of 0.75.

Integer (NYSE:ITGR - Get Free Report) last posted its earnings results on Thursday, February 19th. The medical equipment provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.70 by $0.06. Integer had a net margin of 5.55% and a return on equity of 13.26%. The business had revenue of $472.06 million for the quarter, compared to the consensus estimate of $462.73 million. During the same period last year, the company earned $1.43 EPS. The firm'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. Equities research analysts anticipate that Integer Holdings Corporation will post 6.01 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.