Oppenheimer & Co. Inc. raised its position in OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 500.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,217 shares of the technology company’s stock after acquiring an additional 12,682 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.10% of OSI Systems worth $2,958,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Robeco Schweiz AG increased its position in shares of OSI Systems by 65.8% during the 3rd quarter. Robeco Schweiz AG now owns 60,500 shares of the technology company’s stock valued at $11,759,000 after purchasing an additional 24,000 shares during the last quarter. Sterling Capital Management LLC lifted its stake in shares of OSI Systems by 844.6% in the 3rd quarter. Sterling Capital Management LLC now owns 529 shares of the technology company’s stock worth $103,000 after purchasing an additional 473 shares during the period. Inspire Investing LLC lifted its stake in shares of OSI Systems by 5.3% in the 3rd quarter. Inspire Investing LLC now owns 3,251 shares of the technology company’s stock worth $632,000 after purchasing an additional 165 shares during the period. Skylands Capital LLC boosted its holdings in shares of OSI Systems by 77.1% in the third quarter. Skylands Capital LLC now owns 3,675 shares of the technology company’s stock worth $714,000 after buying an additional 1,600 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. purchased a new position in shares of OSI Systems in the third quarter worth approximately $353,000. 89.21% of the stock is owned by hedge funds and other institutional investors.
More OSI Systems News
Here are the key news stories impacting OSI Systems this week:
- Positive Sentiment: OSI Systems reported adjusted earnings of $1.66 per share, ahead of the roughly $1.64–$1.65 consensus estimate and up from $1.42 in the prior-year quarter. OSI Systems Tops Q1 Earnings and Revenue Estimates
- Positive Sentiment: Revenue reached approximately $403.5 million, beating the FactSet estimate of $396.1 million by about $7.4 million. The revenue result was also above expectations cited in the company’s earnings coverage. OSI Systems Q1 Revenue Earnings Flash
- Positive Sentiment: Management raised its fiscal 2027 EPS outlook, improving the forward earnings picture and signaling confidence in future operating performance. OSI Systems Fiscal Q1 Earnings and Outlook
- Neutral Sentiment: Despite the earnings beat, reported revenue was described as essentially unchanged year over year. That may limit enthusiasm because investors could focus on the pace of underlying growth rather than the relatively small estimate beat. OSI Systems Earnings Report and Conference Call
- Negative Sentiment: OSI Systems shares remain well below their 12-month high and below the 200-day moving average. With a price-to-earnings ratio above 22, investors may require stronger growth or a larger guidance increase to support a renewed rally.
OSI Systems Stock Down 4.2%
NASDAQ OSIS opened at $199.44 on Friday. OSI Systems, Inc. has a 52 week low of $186.50 and a 52 week high of $311.72. The company has a quick ratio of 2.34, a current ratio of 3.15 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $3.14 billion, a P/E ratio of 21.38, a price-to-earnings-growth ratio of 1.57 and a beta of 1.21. The stock’s 50-day moving average price is $200.13 and its 200-day moving average price is $237.74.
OSI Systems (NASDAQ:OSIS – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The technology company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.01. The company had revenue of $403.47 million during the quarter, compared to the consensus estimate of $396.11 million. OSI Systems had a return on equity of 21.10% and a net margin of 8.79%. The firm’s revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company posted $1.42 EPS. On average, equities research analysts predict that OSI Systems, Inc. will post 11.35 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the stock. Roth Capital restated a “buy” rating and set a $274.00 target price on shares of OSI Systems in a research report on Friday, August 21st. Oppenheimer decreased their price target on shares of OSI Systems from $300.00 to $265.00 and set an “outperform” rating on the stock in a research report on Thursday, October 8th. B. Riley Financial reiterated a “buy” rating and set a $265.00 price target (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st. Bank of America cut their price objective on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of OSI Systems in a research note on Wednesday. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $276.71.
Get Our Latest Stock Report on OSIS
OSI Systems Profile
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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