Robeco Schweiz AG increased its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 65.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 60,500 shares of the technology company’s stock after buying an additional 24,000 shares during the quarter. Robeco Schweiz AG’s holdings in OSI Systems were worth $11,759,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the business. Janus Henderson Group PLC lifted its holdings in OSI Systems by 2.6% during the first quarter. Janus Henderson Group PLC now owns 772,314 shares of the technology company’s stock worth $205,056,000 after acquiring an additional 19,747 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of OSI Systems during the second quarter worth about $198,127,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of OSI Systems by 5.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 452,547 shares of the technology company’s stock worth $98,972,000 after purchasing an additional 21,986 shares during the period. William Blair Investment Management LLC acquired a new stake in shares of OSI Systems during the second quarter worth about $82,964,000. Finally, Primecap Management Co. CA bought a new position in shares of OSI Systems during the 2nd quarter valued at about $56,464,000. Institutional investors and hedge funds own 89.21% of the company’s stock.
OSI Systems Stock Down 1.5%
NASDAQ:OSIS opened at $197.48 on Friday. The stock has a 50-day simple moving average of $201.82 and a 200 day simple moving average of $223.27. OSI Systems, Inc. has a 52-week low of $186.50 and a 52-week high of $311.72. The company has a market cap of $3.15 billion, a PE ratio of 21.94, a PEG ratio of 1.48 and a beta of 1.21. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.34 and a current ratio of 3.15.
OSI Systems (NASDAQ:OSIS – Get Free Report) last released its earnings results on Thursday, August 20th. The technology company reported $3.78 EPS for the quarter, beating the consensus estimate of $3.77 by $0.01. The firm had revenue of $484.06 million for the quarter, compared to analysts’ expectations of $529.72 million. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.84 EPS. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. On average, sell-side analysts expect that OSI Systems, Inc. will post 11.35 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Bank of America decreased their price objective on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Oppenheimer lowered their target price on OSI Systems from $300.00 to $265.00 and set an “outperform” rating for the company in a research note on Thursday, October 8th. Roth Capital restated a “buy” rating and set a $274.00 target price on shares of OSI Systems in a report on Friday, August 21st. B. Riley Financial reaffirmed a “buy” rating and issued a $265.00 price target (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st. Finally, Weiss Ratings cut shares of OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, OSI Systems currently has a consensus rating of “Moderate Buy” and an average price target of $276.71.
Get Our Latest Stock Analysis on OSIS
About OSI Systems
OSI Systems, Inc is a vertically integrated technology company that designs and manufactures specialized electronic systems and components for security, healthcare and aerospace and defense applications. Headquartered in Hawthorne, California, the company serves government agencies, transportation authorities, hospitals and commercial customers in the United States and international markets.
Through its security division, OSI Systems provides inspection and screening systems used at airports, borders, ports and other facilities.
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