Integer (NYSE:ITGR) Announces Quarterly Earnings Results, Beats Expectations By $0.22 EPS

Integer (NYSE:ITGRGet Free Report) issued its quarterly earnings results on Monday. The medical equipment provider reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.22, FiscalAI reports. The firm had revenue of $464.11 million during the quarter, compared to analysts’ expectations of $450.67 million. Integer had a net margin of 7.64% and a return on equity of 12.83%. Integer’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.55 EPS.

Integer Stock Up 2.7%

Shares of NYSE:ITGR opened at $124.44 on Tuesday. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 31.03, a PEG ratio of 2.89 and a beta of 0.61. The firm’s 50-day simple moving average is $94.58 and its 200-day simple moving average is $89.28. The company has a quick ratio of 2.38, a current ratio of 3.75 and a debt-to-equity ratio of 0.77. Integer has a fifty-two week low of $62.00 and a fifty-two week high of $125.54.

Key Stories Impacting Integer

Here are the key news stories impacting Integer this week:

  • Positive Sentiment: KKR acquisition provides a clear valuation catalyst. KKR agreed to acquire Integer in an all-cash transaction valued at approximately $5.7 billion. Stockholders will receive $127 per share, a 28.8% premium to Integer’s 30-day volume-weighted average price and approximately a 51.8% premium to the price before the company began its strategic review. The deal is expected to close by year-end, subject to shareholder and regulatory approval. Integer to Be Acquired by KKR
  • Positive Sentiment: Second-quarter earnings and revenue exceeded expectations. Integer reported adjusted earnings of $1.60 per share versus the $1.38 analyst consensus, while revenue of $464.1 million topped the $450.7 million estimate. EPS also improved from $1.55 in the year-ago quarter, supporting the view that operating performance remains resilient despite revenue declining 2.6% year over year. Integer Second Quarter 2026 Results
  • Neutral Sentiment: Analyst downgrade reflects limited deal-related upside. Truist Financial downgraded Integer from “strong buy” to “hold.” With shares trading close to the $127 offer price, the downgrade likely reflects reduced upside potential rather than a deterioration in the company’s quarterly results.
  • Negative Sentiment: Shareholder-law-firm investigations add execution risk. Several law firms are investigating whether Integer’s sale to KKR provides a fair price or involved potential breaches of fiduciary duty. These announcements do not necessarily indicate wrongdoing, but litigation or demands for a higher offer could delay or complicate the transaction. Shareholder Investigation
  • Negative Sentiment: Integer withdrew its financial outlook and canceled its earnings call because of the pending acquisition. This reduces visibility into standalone performance and leaves investors focused primarily on deal completion, including regulatory and shareholder approvals. Integer will become privately held if the transaction closes.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ITGR. Parkside Financial Bank & Trust boosted its holdings in Integer by 135.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 464 shares of the medical equipment provider’s stock valued at $36,000 after purchasing an additional 267 shares in the last quarter. Arax Advisory Partners raised its stake in shares of Integer by 2,489.5% during the 4th quarter. Arax Advisory Partners now owns 492 shares of the medical equipment provider’s stock worth $39,000 after buying an additional 473 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Integer by 210.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 534 shares of the medical equipment provider’s stock valued at $66,000 after buying an additional 362 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Integer by 861.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 692 shares of the medical equipment provider’s stock valued at $85,000 after buying an additional 620 shares during the period. Finally, State of Wyoming boosted its stake in shares of Integer by 434.2% in the fourth quarter. State of Wyoming now owns 1,608 shares of the medical equipment provider’s stock valued at $126,000 after buying an additional 1,307 shares in the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Raymond James Financial downgraded shares of Integer from a “moderate buy” rating to a “hold” rating in a research note on Monday. Citigroup boosted their price target on Integer from $92.00 to $96.00 and gave the company a “neutral” rating in a research report on Wednesday, July 8th. Piper Sandler downgraded Integer from an “overweight” rating to a “hold” rating and set a $127.00 price objective for the company. in a research note on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Integer in a research report on Thursday, June 18th. Finally, Zacks Research upgraded Integer from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $103.71.

Read Our Latest Stock Analysis on ITGR

About Integer

(Get Free Report)

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.

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Earnings History for Integer (NYSE:ITGR)

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