UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $98.97 Million Stock Position in OSI Systems, Inc. $OSIS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 5.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 452,547 shares of the technology company’s stock after acquiring an additional 21,986 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in OSI Systems were worth $98,972,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of OSIS. Jupiter Topco LLC bought a new position in shares of OSI Systems in the 2nd quarter valued at $198,127,000. William Blair Investment Management LLC acquired a new position in OSI Systems in the 2nd quarter worth about $82,964,000. Primecap Management Co. CA acquired a new position in OSI Systems in the 2nd quarter worth about $56,464,000. Neumeier Poma Investment Counsel LLC bought a new position in OSI Systems in the second quarter valued at about $48,664,031. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in OSI Systems in the third quarter valued at about $40,222,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OSIS has been the topic of a number of recent research reports. Weiss Ratings lowered OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Oppenheimer lowered their price objective on OSI Systems from $320.00 to $300.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. B. Riley Financial reiterated a “buy” rating and issued a $265.00 price objective (down from $320.00) on shares of OSI Systems in a report on Friday, August 21st. Roth Capital reissued a “buy” rating and set a $274.00 target price on shares of OSI Systems in a report on Friday, August 21st. Finally, Citigroup decreased their price target on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $281.71.

OSI Systems Trading Up 0.3%

NASDAQ OSIS opened at $208.52 on Wednesday. The business’s 50-day moving average price is $218.60 and its two-hundred day moving average price is $244.15. OSI Systems, Inc. has a 12 month low of $186.50 and a 12 month high of $311.72. The firm has a market capitalization of $3.32 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 1.57 and a beta of 1.20. The company has a current ratio of 3.15, a quick ratio of 2.34 and a debt-to-equity ratio of 1.20.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $0.01. The company had revenue of $484.06 million during the quarter, compared to the consensus estimate of $529.72 million. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%.The firm’s revenue was up .1% compared to the same quarter last year. During the same period last year, the company 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 EPS for the current year.

About OSI Systems

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.