Integer Holdings Co. (NYSE:ITGR) Shares Purchased by Congress Wealth Management LLC DE

Congress Wealth Management LLC DE grew its holdings in Integer Holdings Co. (NYSE:ITGR - Free Report) by 5.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 79,094 shares of the medical equipment provider's stock after buying an additional 3,964 shares during the period. Congress Wealth Management LLC DE owned 0.24% of Integer worth $10,482,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ITGR. Intech Investment Management LLC acquired a new stake in shares of Integer during the third quarter worth $1,012,000. Charles Schwab Investment Management Inc. raised its position in Integer by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 404,029 shares of the medical equipment provider's stock worth $52,524,000 after buying an additional 4,946 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of Integer by 11.5% in the 3rd quarter. Cerity Partners LLC now owns 32,961 shares of the medical equipment provider's stock worth $4,285,000 after acquiring an additional 3,389 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Integer by 20,000.0% in the third quarter. Larson Financial Group LLC now owns 1,005 shares of the medical equipment provider's stock valued at $131,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its stake in shares of Integer by 3.0% during the third quarter. Loomis Sayles & Co. L P now owns 538,027 shares of the medical equipment provider's stock worth $69,943,000 after acquiring an additional 15,446 shares during the period. Institutional investors and hedge funds own 99.29% of the company's stock.

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Integer Price Performance

Integer stock traded down $0.41 during trading hours on Friday, hitting $117.09. The stock had a trading volume of 310,618 shares, compared to its average volume of 325,140. Integer Holdings Co. has a 1-year low of $107.11 and a 1-year high of $146.36. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 34.85, a PEG ratio of 1.72 and a beta of 1.24. The stock's fifty day moving average is $130.47 and its two-hundred day moving average is $132.03. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.95 and a quick ratio of 2.09.

Integer (NYSE:ITGR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The medical equipment provider reported $1.43 EPS for the quarter, missing analysts' consensus estimates of $1.46 by ($0.03). The business had revenue of $449.50 million during the quarter, compared to analyst estimates of $446.28 million. Integer had a net margin of 6.92% and a return on equity of 11.65%. As a group, analysts predict that Integer Holdings Co. will post 6.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Oppenheimer downgraded shares of Integer from an "outperform" rating to a "market perform" rating in a research report on Friday, February 21st. Truist Financial lifted their price target on Integer from $147.00 to $163.00 and gave the company a "buy" rating in a research note on Wednesday, December 11th. KeyCorp upped their price objective on Integer from $144.00 to $154.00 and gave the stock an "overweight" rating in a report on Friday, January 24th. Raymond James initiated coverage on Integer in a report on Friday. They issued an "outperform" rating and a $145.00 target price for the company. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and set a $160.00 price target on shares of Integer in a research note on Tuesday, December 3rd. Two equities research analysts have 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 company has a consensus rating of "Moderate Buy" and a consensus price target of $148.56.

Integer Company Profile

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.