OSI Systems, Inc. $OSIS Stock Holdings Lifted by Principal Financial Group Inc.

Principal Financial Group Inc. grew its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 6.9% in the first quarter, Holdings Channel.com reports. The fund owned 102,417 shares of the technology company’s stock after buying an additional 6,591 shares during the quarter. Principal Financial Group Inc.’s holdings in OSI Systems were worth $27,193,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of OSIS. Allspring Global Investments Holdings LLC raised its stake in OSI Systems by 112.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 18,230 shares of the technology company’s stock worth $4,659,000 after acquiring an additional 9,646 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of OSI Systems by 46.3% in the 4th quarter. Asset Management One Co. Ltd. now owns 76,560 shares of the technology company’s stock valued at $20,274,000 after purchasing an additional 24,243 shares in the last quarter. Oak Ridge Investments LLC bought a new stake in shares of OSI Systems in the 4th quarter worth about $2,489,000. M&T Bank Corp bought a new stake in shares of OSI Systems in the 4th quarter worth about $7,285,000. Finally, Robeco Schweiz AG acquired a new stake in shares of OSI Systems during the 4th quarter worth about $7,791,000. 89.21% of the stock is owned by institutional investors.

Insider Buying and Selling at OSI Systems

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on OSIS. Weiss Ratings downgraded shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Roth Capital reaffirmed a “buy” rating and set a $310.00 price objective on shares of OSI Systems in a report on Tuesday, May 5th. Bank of America cut their target price on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research note on Monday. Finally, Citigroup reduced their target price on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $291.86.

OSI Systems Trading Down 1.0%

OSI Systems stock opened at $210.48 on Tuesday. OSI Systems, Inc. has a 52 week low of $197.27 and a 52 week high of $311.72. The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.42 and a current ratio of 3.25. The stock has a market capitalization of $3.47 billion, a P/E ratio of 24.03, a PEG ratio of 1.59 and a beta of 1.20. The stock has a 50-day simple moving average of $216.54 and a 200 day simple moving average of $255.66.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.07. The business 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 revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.44 earnings per share. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Analysts expect that OSI Systems, Inc. will post 10.4 earnings per share for the current year.

OSI Systems Company 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.