On December 31, 2024, Dimensional Fund Advisors LP executed a strategic transaction involving Integer Holdings Corp (NYSE: ITGR). The firm reduced its position by 70,778 shares, marking a 4% decrease in its holdings of the stock. This adjustment leaves Dimensional Fund Advisors with a total of 1,700,370 shares in Integer Holdings Corp, representing 5.10% of its portfolio. The transaction was executed at a price of $132.52 per share, reflecting the firm's ongoing portfolio management strategy.
Dimensional Fund Advisors LP: A Profile
Founded in 1981 by David G. Booth and Rex Sinquefield, Dimensional Fund Advisors LP is renowned for its academic research-driven approach to capital markets. The firm manages approximately $400 billion in assets, with a primary focus on U.S. Equities, International Developed Equities, and Emerging Market Equities. Dimensional Fund Advisors has established a reputation for its dynamic, market-driven process and flexible trading strategy, which balances premiums, diversification, and costs. The firm is supported by a team of over 850 employees and maintains a global presence with clients in over 25 countries.
Integer Holdings Corp: Company Overview
Integer Holdings Corp, based in the USA, is a prominent manufacturer of medical device components and batteries for nonmedical applications. The company operates in various segments, including Medical, Non-Medical, and Advanced Surgical, with a market capitalization of $4.81 billion. Integer Holdings Corp generates the majority of its revenue from the medical segment, utilizing its technologies to produce components and finished medical devices. The company earns more than half of its revenue in the United States, reflecting its strong domestic market presence.
Transaction Analysis and Impact
The recent transaction by Dimensional Fund Advisors was executed at a price of $132.52 per share. Despite the reduction in shares, the impact on the firm's portfolio is minimal, with a current position ratio of 0.05. This strategic adjustment aligns with the firm's investment philosophy, which emphasizes a flexible trading strategy to optimize portfolio performance. The transaction reflects Dimensional Fund Advisors' ongoing commitment to maintaining a balanced and diversified portfolio.
Financial Metrics and Valuation of Integer Holdings Corp
Integer Holdings Corp is currently trading at $143.28, with a price-to-earnings (PE) ratio of 44.22, indicating a significant overvaluation according to the GF Valuation. The GF Value of the stock is $98.81, with a Price to GF Value ratio of 1.45, suggesting potential overvaluation. The company's GF Score is 80/100, indicating likely average performance. Integer Holdings Corp has a Profitability Rank of 7/10, reflecting its strong financial performance.
Performance and Growth Indicators
Integer Holdings Corp has demonstrated a year-to-date price change of 8.41% and a 3-year revenue growth of 13.40%. The company's Growth Rank is 7/10, indicating robust growth potential. Despite its strong growth metrics, the stock's GF Value Rank is 3/10, suggesting that it may be overvalued in the current market environment. The company's Momentum Rank is 10/10, reflecting its strong market momentum.
Other Gurus Holding Integer Holdings Corp
In addition to Dimensional Fund Advisors, other notable investors in Integer Holdings Corp include Mario Gabelli (Trades, Portfolio), Jefferies Group (Trades, Portfolio), and Barrow, Hanley, Mewhinney & Strauss. Baron Funds is identified as the largest guru holding the most shares of the traded stock. These investments by prominent financial institutions underscore the market's confidence in Integer Holdings Corp's growth potential and strategic direction.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
Also check out:
