Susquehanna Fundamental Investments LLC raised its position in OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 707.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,422 shares of the technology company’s stock after acquiring an additional 17,018 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in OSI Systems were worth $4,248,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jupiter Topco LLC purchased a new stake in shares of OSI Systems in the 2nd quarter valued at approximately $198,127,000. William Blair Investment Management LLC purchased a new stake in shares of OSI Systems during the 2nd quarter worth $82,964,000. Primecap Management Co. CA purchased a new stake in shares of OSI Systems during the 2nd quarter worth $56,464,000. Neumeier Poma Investment Counsel LLC acquired a new position in shares of OSI Systems during the second quarter worth $48,664,031. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of OSI Systems during the third quarter worth $40,222,000. Institutional investors and hedge funds own 89.21% of the company’s stock.
Analyst Ratings Changes
OSIS has been the topic of a number of analyst reports. Oppenheimer cut their price target on OSI Systems from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. B. Riley Financial reaffirmed a “buy” rating and set a $265.00 price objective (down from $320.00) on shares of OSI Systems in a research report on Friday, August 21st. Citigroup dropped their price objective on OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Roth Capital reissued a “buy” rating and set a $274.00 target price on shares of OSI Systems in a research report on Friday, August 21st. Finally, 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. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $281.71.
OSI Systems Price Performance
Shares of NASDAQ:OSIS opened at $207.91 on Tuesday. The company’s fifty day moving average price is $218.74 and its 200 day moving average price is $244.56. OSI Systems, Inc. has a 12 month low of $186.50 and a 12 month 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. The firm has a market capitalization of $3.31 billion, a P/E ratio of 23.10, a P/E/G ratio of 1.56 and a beta of 1.21.
OSI Systems (NASDAQ:OSIS – Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $0.01. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%.The company had revenue of $484.06 million for the quarter, compared to analyst estimates of $529.72 million. During the same quarter last year, the company posted $2.84 earnings per share. The business’s quarterly revenue was up .1% compared to the same quarter last year. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. As a group, sell-side analysts predict that OSI Systems, Inc. will post 11.32 earnings per share for the current fiscal 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.
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