Equitable Holdings Inc. Invests $1.12 Million in OSI Systems, Inc. $OSIS

Equitable Holdings Inc. purchased a new stake in OSI Systems, Inc. (NASDAQ:OSIS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,119 shares of the technology company’s stock, valued at approximately $1,120,000.

Several other large investors have also made changes to their positions in OSIS. Danske Bank A S bought a new stake in OSI Systems during the third quarter worth about $25,000. Transamerica Financial Advisors LLC acquired a new stake in shares of OSI Systems in the 2nd quarter valued at about $26,000. Group One Trading LLC bought a new stake in shares of OSI Systems in the first quarter valued at about $27,000. Mcguire Capital Advisors Inc. acquired a new position in shares of OSI Systems during the fourth quarter worth about $32,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in OSI Systems in the 2nd quarter valued at approximately $35,000. Institutional investors own 89.21% of the company’s stock.

OSI Systems Stock Performance

Shares of NASDAQ:OSIS opened at $206.64 on Friday. The company’s 50 day moving average price is $218.97 and its two-hundred day moving average price is $245.24. OSI Systems, Inc. has a 12-month low of $186.50 and a 12-month high of $311.72. The firm has a market cap of $3.29 billion, a PE ratio of 22.96, a PEG ratio of 1.59 and a beta of 1.21. The company has a quick ratio of 2.34, a current ratio of 3.15 and a debt-to-equity ratio of 1.20.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings results on Thursday, August 20th. The technology company reported $3.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $0.01. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%.The firm had revenue of $484.06 million for the quarter, compared to analyst estimates of $529.72 million. During the same period last year, the firm posted $2.84 earnings per share. The business’s revenue for the quarter was up .1% on a year-over-year basis. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. Equities research analysts predict that OSI Systems, Inc. will post 11.32 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on OSIS shares. Oppenheimer decreased their price target on shares of OSI Systems from $320.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. Weiss Ratings lowered shares of OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. 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 report on Monday, July 20th. Roth Capital reissued a “buy” rating and set a $274.00 price target on shares of OSI Systems in a research report on Friday, August 21st. Finally, Citigroup lowered their price target on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $281.71.

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.