T. Rowe Price Investment Management Inc. Takes Position in OSI Systems, Inc. $OSIS

Key Points

• T. Rowe Price Investment Management Inc. has acquired 204,205 shares of OSI Systems, Inc. valued at approximately $39.69 million, representing about 1.22% of the company's total stock.
• OSI Systems reported a quarterly earnings per share (EPS) of $3.24, exceeding estimates, with revenue of $504.99 million, marking a 4.9% year-over-year increase.
• Several research analysts have raised their ratings and price targets for OSI Systems, with a consensus rating of "Moderate Buy" and an average target price of $229.17.

T. Rowe Price Investment Management Inc. purchased a new position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 204,205 shares of the technology company's stock, valued at approximately $39,686,000. T. Rowe Price Investment Management Inc. owned approximately 1.22% of OSI Systems at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OSIS. National Bank of Canada FI lifted its position in OSI Systems by 118.2% in the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock worth $28,000 after buying an additional 78 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of OSI Systems by 139.5% in the first quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company's stock worth $38,000 after acquiring an additional 113 shares during the last quarter. Xponance Inc. purchased a new stake in shares of OSI Systems during the first quarter worth $233,000. Sequoia Financial Advisors LLC acquired a new stake in OSI Systems during the first quarter valued at $234,000. Finally, EntryPoint Capital LLC purchased a new position in OSI Systems in the first quarter valued at about $255,000. 89.21% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Meyer/ Luskin sold 1,000 shares of the stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $237.15, for a total transaction of $237,150.00. Following the completion of the transaction, the director owned 11,214 shares in the company, valued at approximately $2,659,400.10. This represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 5.20% of the company's stock.

OSI Systems Stock Down 0.7%

Shares of NASDAQ:OSIS traded down $1.60 during trading on Thursday, hitting $228.78. 132,471 shares of the company's stock traded hands, compared to its average volume of 224,382. 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 company has a 50-day moving average price of $222.98 and a 200-day moving average price of $212.20. OSI Systems, Inc. has a 52 week low of $129.84 and a 52 week high of $241.64. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 1.91 and a beta of 1.31.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released its earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.19 by $0.05. The firm had revenue of $504.99 million during the quarter, compared to analysts' expectations of $497.22 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The company's revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.84 EPS. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. As a group, research analysts forecast that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

OSIS has been the subject of a number of analyst reports. B. Riley boosted their price target on OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, August 22nd. Wall Street Zen raised OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Roth Mkm boosted their price objective on OSI Systems from $224.00 to $245.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Finally, Oppenheimer reiterated an "outperform" rating and issued a $270.00 target price on shares of OSI Systems in a research note on Friday, August 22nd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, OSI Systems has a consensus rating of "Moderate Buy" and a consensus target price of $230.83.

OSI Systems Company Profile

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.