OSI Systems, Inc. $OSIS Stock Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in OSI Systems, Inc. (NASDAQ:OSIS – Free Report) by 500.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,217 shares of the technology company’s stock after acquiring an additional 12,682 shares during the period. Oppenheimer & Co. Inc.’s holdings in OSI Systems were worth $2,958,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in OSIS. Abel Hall LLC grew its position in shares of OSI Systems by 3.6% during the first quarter. Abel Hall LLC now owns 1,113 shares of the technology company’s stock worth $296,000 after purchasing an additional 39 shares in the last quarter. HB Wealth Management LLC boosted its stake in OSI Systems by 7.0% in the 1st quarter. HB Wealth Management LLC now owns 1,045 shares of the technology company’s stock worth $277,000 after purchasing an additional 68 shares during the period. Cim Investment Management Inc. boosted its stake in OSI Systems by 7.3% in the 2nd quarter. Cim Investment Management Inc. now owns 1,002 shares of the technology company’s stock worth $219,000 after purchasing an additional 68 shares during the period. Cetera Investment Advisers boosted its stake in OSI Systems by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 12,263 shares of the technology company’s stock worth $3,256,000 after purchasing an additional 90 shares during the period. Finally, Group One Trading LLC purchased a new stake in OSI Systems during the 1st quarter valued at approximately $27,000. 89.21% of the stock is currently owned by hedge funds and other institutional investors.

Key OSI Systems News

Here are the key news stories impacting OSI Systems this week:

  • Positive Sentiment: OSI Systems reported adjusted earnings of $1.66 per share, ahead of the roughly $1.64–$1.65 consensus estimate and up from $1.42 in the prior-year quarter. OSI Systems Tops Q1 Earnings and Revenue Estimates
  • Positive Sentiment: Revenue reached approximately $403.5 million, beating the FactSet estimate of $396.1 million by about $7.4 million. The revenue result was also above expectations cited in the company’s earnings coverage. OSI Systems Q1 Revenue Earnings Flash
  • Positive Sentiment: Management raised its fiscal 2027 EPS outlook, improving the forward earnings picture and signaling confidence in future operating performance. OSI Systems Fiscal Q1 Earnings and Outlook
  • Neutral Sentiment: Despite the earnings beat, reported revenue was described as essentially unchanged year over year. That may limit enthusiasm because investors could focus on the pace of underlying growth rather than the relatively small estimate beat. OSI Systems Earnings Report and Conference Call
  • Negative Sentiment: OSI Systems shares remain well below their 12-month high and below the 200-day moving average. With a price-to-earnings ratio above 22, investors may require stronger growth or a larger guidance increase to support a renewed rally.

OSI Systems Price Performance

NASDAQ:OSIS opened at $199.44 on Friday. The company has a current ratio of 3.15, a quick ratio of 2.34 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $3.14 billion, a P/E ratio of 21.38, a P/E/G ratio of 1.57 and a beta of 1.21. OSI Systems, Inc. has a 12 month low of $186.50 and a 12 month high of $311.72. The business’s 50-day moving average is $200.13 and its 200 day moving average is $237.74.

OSI Systems (NASDAQ:OSIS – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The technology company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.01. The company had revenue of $403.47 million during the quarter, compared to analyst estimates of $396.11 million. OSI Systems had a return on equity of 21.10% and a net margin of 8.79%. The firm’s revenue was up .0% on a year-over-year basis. During the same period in the prior year, the company earned $1.42 earnings per share. On average, equities research analysts forecast that OSI Systems, Inc. will post 11.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of OSI Systems in a research report on Wednesday. B. Riley Financial reissued a “buy” rating and issued a $265.00 target price (down from $320.00) on shares of OSI Systems in a report on Friday, August 21st. Oppenheimer dropped their target price on shares of OSI Systems from $300.00 to $265.00 and set an “outperform” rating for the company in a research report on Thursday, October 8th. Bank of America cut their target price on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, Roth Capital reiterated a “buy” rating and issued a $274.00 price target on shares of OSI Systems in a report on Friday, August 21st. Five 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $276.71.

View Our Latest Stock Analysis on OSIS

OSI Systems Profile

(Free Report)

OSI Systems, Inc is a vertically integrated technology company that designs and manufactures specialized electronic systems and components for security, healthcare and aerospace and defense applications. Headquartered in Hawthorne, California, the company serves government agencies, transportation authorities, hospitals and commercial customers in the United States and international markets.

Through its security division, OSI Systems provides inspection and screening systems used at airports, borders, ports and other facilities.

See Also

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

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