California State Teachers Retirement System Purchases 3,949,423 Shares of OSI Systems, Inc. $OSIS

Key Points

• California State Teachers Retirement System increased its OSI Systems stake by 21,153.8%, purchasing 3,949,423 additional shares to own 3,968,093 shares, or about 24.08% of the company. Institutional investors collectively hold 89.21% of OSIS.
• OSI Systems reported quarterly EPS of $3.78, slightly exceeding estimates, but revenue of $484.06 million fell short of the $529.72 million consensus. The company maintained fiscal 2027 EPS guidance of $11.13 to $11.49.
• Analysts remain generally positive, with five Buy ratings and two Holds, though several firms lowered their price targets. The stock has a “Moderate Buy” consensus rating and an average target price of $281.71, compared with its reported price of $204.29.

California State Teachers Retirement System raised its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 21,153.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,968,093 shares of the technology company's stock after buying an additional 3,949,423 shares during the quarter. California State Teachers Retirement System owned about 24.08% of OSI Systems worth $867,822,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jefferies Financial Group Inc. acquired a new stake in OSI Systems in the 4th quarter valued at $3,504,000. Empowered Funds LLC bought a new stake in shares of OSI Systems during the 1st quarter valued at $2,103,000. Waverly Advisors LLC raised its position in shares of OSI Systems by 1,283.8% in the 1st quarter. Waverly Advisors LLC now owns 12,302 shares of the technology company's stock valued at $3,266,000 after acquiring an additional 11,413 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in OSI Systems by 142.1% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 13,264 shares of the technology company's stock worth $3,522,000 after acquiring an additional 7,786 shares in the last quarter. Finally, Neumeier Poma Investment Counsel LLC acquired a new position in shares of OSI Systems in the second quarter valued at approximately $48,664,031. 89.21% of the stock is owned by institutional investors.

OSI Systems Price Performance

OSIS opened at $204.29 on Monday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.34 and a current ratio of 3.15. The firm has a 50-day moving average of $216.35 and a 200 day moving average of $240.03. OSI Systems, Inc. has a fifty-two week low of $186.50 and a fifty-two week high of $311.72. The firm has a market cap of $3.26 billion, a P/E ratio of 22.70, a PEG ratio of 1.54 and a beta of 1.20.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings results on Thursday, August 20th. The technology company reported $3.78 EPS for the quarter, beating analysts' consensus estimates of $3.77 by $0.01. The firm had revenue of $484.06 million for the quarter, compared to analysts' expectations of $529.72 million. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%.The business's revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.84 EPS. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. On average, research analysts expect that OSI Systems, Inc. will post 11.35 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Bank of America lowered their target price on OSI Systems from $315.00 to $300.00 and set a "buy" rating on the stock in a research report on Monday, July 20th. Oppenheimer dropped their price objective on OSI Systems from $320.00 to $300.00 and set an "outperform" rating for the company in a report on Friday, August 21st. B. Riley Financial restated a "buy" rating and set a $265.00 price objective (down from $320.00) on shares of OSI Systems in a research report on Friday, August 21st. Citigroup reduced their price objective on shares of OSI Systems from $345.00 to $279.00 and set a "buy" rating on the stock in a research note on Monday, May 18th. Finally, Roth Capital restated a "buy" rating and set a $274.00 target price on shares of OSI Systems in a research report on Friday, August 21st. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, OSI Systems currently has an average rating of "Moderate Buy" and a consensus target price of $281.71.

OSI Systems Profile

OSI Systems, Inc NASDAQ: OSIS is a vertically integrated technology company that designs and manufactures specialized electronic systems for security, healthcare, and optoelectronic applications. The company serves government agencies, transportation authorities, hospitals, medical providers, defense contractors, and commercial customers worldwide.

Through its Rapiscan Systems business, OSI Systems provides security inspection and screening products, including baggage and parcel inspection systems, cargo and vehicle screening equipment, people-screening technologies, radiation detection systems, and related security services.

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