OSI Systems, Inc. $OSIS Shares Bought by American Century Companies Inc.

Key Points

• American Century Companies Inc. increased its holdings in OSI Systems, Inc. by 60.8% in Q1, now owning 18,035 shares valued at $3.5 million.
• OSI Systems reported $3.24 earnings per share last quarter, exceeding estimates by $0.05, with a revenue increase of 4.9% year-over-year.
• The stock has a consensus rating of "Moderate Buy" with multiple analysts setting price targets between $260 and $270.

American Century Companies Inc. raised its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 60.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 18,035 shares of the technology company's stock after purchasing an additional 6,819 shares during the period. American Century Companies Inc. owned 0.11% of OSI Systems worth $3,505,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in OSIS. Brown Advisory Inc. bought a new position in OSI Systems in the fourth quarter worth approximately $45,618,000. Mawer Investment Management Ltd. increased its stake in OSI Systems by 22.2% in the 1st quarter. Mawer Investment Management Ltd. now owns 461,022 shares of the technology company's stock worth $89,595,000 after acquiring an additional 83,724 shares during the last quarter. Nuveen LLC bought a new stake in OSI Systems in the 1st quarter worth approximately $15,546,000. Invesco Ltd. boosted its stake in shares of OSI Systems by 39.3% during the first quarter. Invesco Ltd. now owns 246,254 shares of the technology company's stock valued at $47,857,000 after purchasing an additional 69,536 shares during the period. Finally, Clark Capital Management Group Inc. boosted its holdings in OSI Systems by 19.7% in the fourth quarter. Clark Capital Management Group Inc. now owns 362,712 shares of the technology company's stock valued at $60,729,000 after acquiring an additional 59,690 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on OSIS shares. B. Riley increased their target price on OSI Systems from $255.00 to $260.00 and gave the stock a "buy" rating in a research note on Friday, August 22nd. Wall Street Zen upgraded shares of OSI Systems from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Finally, Oppenheimer restated an "outperform" rating and set a $270.00 price objective on shares of OSI Systems in a report on Friday, August 22nd. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $230.83.

OSI Systems Trading Up 0.1%

NASDAQ OSIS traded up $0.22 on Wednesday, reaching $232.88. 176,266 shares of the company were exchanged, compared to its average volume of 223,290. The stock has a market capitalization of $3.92 billion, a P/E ratio of 26.77, a price-to-earnings-growth ratio of 1.91 and a beta of 1.30. OSI Systems, Inc. has a fifty-two week low of $129.84 and a fifty-two week high of $241.64. The business's fifty day moving average price is $224.16 and its 200 day moving average price is $212.82. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49.

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 for the quarter, beating the consensus estimate of $3.19 by $0.05. The company had revenue of $504.99 million during the quarter, compared to the consensus estimate of $497.22 million. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.OSI Systems's revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.84 EPS. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. Analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insider Activity

In other news, Director Meyer/ Luskin sold 1,000 shares of the firm's stock in a transaction that occurred 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 transaction, the director directly owned 11,214 shares in the company, valued at approximately $2,659,400.10. This trade represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 5.20% of the company's stock.

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.