Clearbridge Investments LLC Has $47.22 Million Holdings in OSI Systems, Inc. $OSIS

Clearbridge Investments LLC cut its position in OSI Systems, Inc. (NASDAQ:OSIS) by 24.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 185,146 shares of the technology company’s stock after selling 59,499 shares during the quarter. Clearbridge Investments LLC’s holdings in OSI Systems were worth $47,223,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of OSIS. William Blair Investment Management LLC acquired a new position in shares of OSI Systems during the fourth quarter worth approximately $48,800,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of OSI Systems during the third quarter worth approximately $40,222,000. UBS Group AG lifted its position in shares of OSI Systems by 63.8% during the third quarter. UBS Group AG now owns 316,334 shares of the technology company’s stock worth $78,843,000 after purchasing an additional 123,212 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of OSI Systems during the second quarter worth approximately $13,576,000. Finally, Two Sigma Investments LP lifted its position in shares of OSI Systems by 107.6% during the third quarter. Two Sigma Investments LP now owns 59,065 shares of the technology company’s stock worth $14,721,000 after purchasing an additional 30,617 shares in the last quarter. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Deepak Chopra sold 20,000 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 253,044 shares in the company, valued at $71,317,920.96. This represents a 7.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.30% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

OSIS has been the topic of a number of research reports. Roth Mkm reiterated a “buy” rating and set a $310.00 target price on shares of OSI Systems in a research report on Tuesday, May 5th. Citigroup reduced their target price on shares of OSI Systems from $345.00 to $279.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Finally, Weiss Ratings lowered shares of OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $294.00.

OSI Systems Price Performance

Shares of OSIS stock opened at $215.39 on Wednesday. The firm’s 50 day moving average is $251.40 and its 200-day moving average is $265.19. OSI Systems, Inc. has a 1 year low of $197.27 and a 1 year high of $311.72. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 1.73 and a beta of 1.21. The company has a current ratio of 3.25, a quick ratio of 2.42 and a debt-to-equity ratio of 1.12.

OSI Systems (NASDAQ:OSIS) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $2.60 earnings per share for the quarter, beating 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 business had revenue of $453.25 million for the quarter, compared to analyst estimates of $449.23 million. During the same period in the prior year, the business posted $2.44 earnings per share. OSI Systems’s revenue was up 2.0% compared to the same quarter last year. 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 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.