Fifth Third Bancorp Sells 7,994 Shares of OSI Systems, Inc. $OSIS

Fifth Third Bancorp lessened its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 98.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 124 shares of the technology company’s stock after selling 7,994 shares during the period. Fifth Third Bancorp’s holdings in OSI Systems were worth $32,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of OSIS. Mawer Investment Management Ltd. grew its position in OSI Systems by 67.0% in the 3rd quarter. Mawer Investment Management Ltd. now owns 856,383 shares of the technology company’s stock valued at $213,445,000 after acquiring an additional 343,727 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of OSI Systems during the 3rd quarter worth $40,222,000. UBS Group AG grew its position in shares of OSI Systems by 63.8% during the 3rd quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock worth $78,843,000 after buying an additional 123,212 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of OSI Systems during the 2nd quarter worth $13,576,000. Finally, Two Sigma Investments LP grew its position in shares of OSI Systems by 107.6% during the 3rd quarter. Two Sigma Investments LP now owns 59,065 shares of the technology company’s stock worth $14,721,000 after buying an additional 30,617 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

OSI Systems Stock Performance

Shares of NASDAQ OSIS opened at $230.83 on Monday. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.25 and a quick ratio of 2.42. The stock has a market capitalization of $3.80 billion, a P/E ratio of 26.35, a price-to-earnings-growth ratio of 1.89 and a beta of 1.31. OSI Systems, Inc. has a 1-year low of $204.00 and a 1-year high of $311.72. The business has a fifty day moving average price of $281.03 and a 200 day moving average price of $273.13.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.07. The firm had revenue of $453.25 million during the quarter, compared to analysts’ expectations of $449.23 million. OSI Systems had a return on equity of 18.84% and a net margin of 8.42%.The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.44 EPS. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Equities research analysts expect that OSI Systems, Inc. will post 10.4 EPS for the current fiscal year.

Analyst Ratings Changes

OSIS has been the topic of a number of recent research reports. Citigroup initiated coverage on OSI Systems in a research report on Wednesday, April 15th. They set a “buy” rating and a $345.00 price target on the stock. B. Riley Financial increased their price target on OSI Systems from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Weiss Ratings downgraded OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. increased their price target on OSI Systems from $255.00 to $262.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Finally, Roth Mkm reissued a “buy” rating and set a $310.00 price target on shares of OSI Systems in a research report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $303.43.

Insider Buying and Selling at OSI Systems

In related news, Director Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the completion of the sale, the director directly owned 253,044 shares in the company, valued at $71,317,920.96. This represents a 7.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is owned by company insiders.

OSI Systems Profile

OSI Systems, Inc (NASDAQ: OSIS) is a publicly traded technology company founded in 1987 and headquartered in Hawthorne, California. The company designs, develops and manufactures advanced security and inspection systems, optoelectronic devices and medical imaging equipment. Over its history, OSI Systems has grown its product offerings through internal research and development as well as strategic acquisitions, expanding its capabilities in mission-critical sensing and inspection technologies.

OSI Systems operates three primary business segments.