Geode Capital Management LLC Has $104.84 Million Stake in OSI Systems, Inc. $OSIS

Geode Capital Management LLC increased its holdings in OSI Systems, Inc. (NASDAQ:OSISFree Report) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 410,963 shares of the technology company’s stock after buying an additional 16,692 shares during the period. Geode Capital Management LLC owned 2.50% of OSI Systems worth $104,836,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. 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 buying an additional 123,212 shares in the last quarter. Clark Capital Management Group Inc. raised its position in shares of OSI Systems by 3.3% in the third quarter. Clark Capital Management Group Inc. now owns 259,451 shares of the technology company’s stock valued at $64,666,000 after buying an additional 8,401 shares in the last quarter. William Blair Investment Management LLC acquired a new stake in shares of OSI Systems in the fourth quarter valued at approximately $48,800,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of OSI Systems in the third quarter valued at approximately $40,222,000. Finally, Envestnet Asset Management Inc. increased its stake in OSI Systems by 5.9% in the third quarter. Envestnet Asset Management Inc. now owns 94,574 shares of the technology company’s stock valued at $23,572,000 after acquiring an additional 5,240 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on OSIS. Weiss Ratings cut shares of OSI Systems from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Citigroup decreased their price objective on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Finally, Roth Mkm reissued a “buy” rating and issued a $310.00 price objective on shares of OSI Systems in a research note on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, OSI Systems currently has an average rating of “Moderate Buy” and an average price target of $294.00.

Read Our Latest Stock Report on OSIS

OSI Systems Stock Performance

Shares of OSI Systems stock opened at $197.73 on Friday. The company has a quick ratio of 2.42, a current ratio of 3.25 and a debt-to-equity ratio of 1.12. OSI Systems, Inc. has a twelve month low of $197.27 and a twelve month high of $311.72. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 22.57, a P/E/G ratio of 1.62 and a beta of 1.21. The company’s fifty day moving average is $253.82 and its 200 day moving average is $265.64.

OSI Systems (NASDAQ:OSISGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, topping the consensus estimate of $2.53 by $0.07. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The company had revenue of $453.25 million for the quarter, compared to analysts’ expectations of $449.23 million. During the same quarter in the previous year, the firm posted $2.44 earnings per share. OSI Systems’s revenue for the quarter was up 2.0% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Sell-side analysts forecast that OSI Systems, Inc. will post 10.4 EPS for the current year.

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.

OSI Systems Company Profile

(Free Report)

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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Institutional Ownership by Quarter for OSI Systems (NASDAQ:OSIS)

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