Jupiter Topco LLC acquired a new stake in shares of OSI Systems, Inc. (NASDAQ:OSIS – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 905,925 shares of the technology company’s stock, valued at approximately $198,127,000. Jupiter Topco LLC owned about 0.05% of OSI Systems at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its stake in shares of OSI Systems by 2.6% during the 1st 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. Geode Capital Management LLC boosted its position in OSI Systems by 4.2% during the fourth quarter. Geode Capital Management LLC now owns 410,963 shares of the technology company’s stock worth $104,836,000 after purchasing an additional 16,692 shares during the period. William Blair Investment Management LLC acquired a new position in OSI Systems during the second quarter valued at approximately $82,964,000. UBS Group AG raised its position in shares of OSI Systems by 63.8% in the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock valued at $78,843,000 after purchasing an additional 123,212 shares during the period. Finally, Clark Capital Management Group Inc. lifted its stake in shares of OSI Systems by 2.6% in the fourth quarter. Clark Capital Management Group Inc. now owns 266,114 shares of the technology company’s stock worth $67,875,000 after buying an additional 6,663 shares during the last quarter. 89.21% of the stock is owned by institutional investors.
Analyst Ratings Changes
OSIS has been the topic of several research analyst reports. Roth Capital reaffirmed a “buy” rating and issued a $274.00 price target on shares of OSI Systems in a research report on Friday, August 21st. Bank of America decreased their target price on OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Weiss Ratings downgraded OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. B. Riley Financial restated a “buy” rating and issued a $265.00 price objective (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st. Finally, Oppenheimer reduced their price target on shares of OSI Systems from $320.00 to $300.00 and set an “outperform” rating for the company in a report on Friday, August 21st. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, OSI Systems presently has an average rating of “Moderate Buy” and a consensus target price of $281.71.
OSI Systems Price Performance
Shares of OSIS stock opened at $211.04 on Thursday. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 23.45, a P/E/G ratio of 1.54 and a beta of 1.21. The stock’s fifty day simple moving average is $219.53 and its 200 day simple moving average is $245.93. OSI Systems, Inc. has a one year low of $186.50 and a one year high of $311.72. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.15 and a quick ratio of 2.34.
OSI Systems (NASDAQ:OSIS – Get Free Report) last released 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. The firm had revenue of $484.06 million for the quarter, compared to analyst estimates of $529.72 million. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. The company’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.84 earnings per share. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. On average, analysts expect that OSI Systems, Inc. will post 11.32 earnings per share for the current fiscal year.
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.
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