First Eagle Investment Management LLC Has $5.22 Million Stock Holdings in OSI Systems, Inc. $OSIS

First Eagle Investment Management LLC decreased its holdings in OSI Systems, Inc. (NASDAQ:OSIS) by 22.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 23,200 shares of the technology company’s stock after selling 6,900 shares during the quarter. First Eagle Investment Management LLC’s holdings in OSI Systems were worth $5,217,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of OSIS. TradeLink Capital LLC bought a new position in OSI Systems in the first quarter valued at about $445,000. Informed Momentum Co LLC acquired a new stake in shares of OSI Systems in the 1st quarter valued at approximately $4,752,000. Envestnet Asset Management Inc. grew its holdings in shares of OSI Systems by 5.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 89,334 shares of the technology company’s stock valued at $20,088,000 after purchasing an additional 4,990 shares during the last quarter. Primecap Management Co. CA grew its holdings in shares of OSI Systems by 12.3% during the 1st quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company’s stock valued at $64,974,000 after purchasing an additional 36,620 shares during the last quarter. Finally, LPL Financial LLC increased its position in OSI Systems by 79.4% during the 1st quarter. LPL Financial LLC now owns 15,479 shares of the technology company’s stock worth $3,008,000 after purchasing an additional 6,853 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on OSIS. Bank of America boosted their target price on shares of OSI Systems from $265.00 to $315.00 and gave the stock a “buy” rating in a research note on Wednesday. Roth Capital reissued a “buy” rating and set a $280.00 price objective on shares of OSI Systems in a report on Wednesday, October 29th. JPMorgan Chase & Co. boosted their price objective on OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of OSI Systems in a research report on Wednesday, October 8th. Finally, B. Riley lifted their price target on OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, OSI Systems currently has a consensus rating of “Moderate Buy” and an average target price of $263.57.

OSI Systems Trading Up 0.9%

Shares of OSIS stock opened at $284.86 on Friday. OSI Systems, Inc. has a 1-year low of $148.38 and a 1-year high of $288.64. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of 32.74, a PEG ratio of 2.13 and a beta of 1.33. The stock has a 50-day moving average of $246.86 and a 200-day moving average of $231.23.

OSI Systems (NASDAQ:OSIS) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.05. The company had revenue of $384.62 million for the quarter, compared to analyst estimates of $372.03 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.25 earnings per share. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, equities research analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insider Transactions at OSI Systems

In related news, insider Paul Keith Morben sold 1,671 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $236.76, for a total value of $395,625.96. Following the transaction, the insider owned 8,749 shares in the company, valued at $2,071,413.24. The trade was a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total transaction of $4,916,000.00. Following the sale, the chairman directly owned 312,969 shares in the company, valued at $76,927,780.20. This trade represents a 6.01% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 23,171 shares of company stock worth $5,736,351. Company insiders own 4.30% of the company’s stock.

About OSI Systems

OSI Systems, Inc designs and manufactures electronic systems and components. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation monitoring, explosive and narcotics trace detection systems, and optical inspection systems under the Rapiscan name.