Credit Agricole S A Increases Holdings in OSI Systems, Inc. $OSIS

Key Points

• Credit Agricole S A increased its stake in OSI Systems, Inc. by 27% in the first quarter, now holding approximately 0.11% of the company, valued at about $3.52 million.
• Several analysts have recently raised their price targets for OSI Systems, with Oppenheimer increasing theirs to $260.00, reflecting positive sentiment and a consensus rating of "Moderate Buy".
• OSI Systems reported a quarterly earnings per share of $3.24, exceeding estimates, with revenues rising **4.9%** year-over-year, and has projected an FY 2026 earnings guidance of $10.110-10.390 EPS.

Credit Agricole S A grew its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 27.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,092 shares of the technology company's stock after buying an additional 3,849 shares during the period. Credit Agricole S A owned approximately 0.11% of OSI Systems worth $3,516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of OSIS. Brown Advisory Inc. acquired a new position in shares of OSI Systems in the 4th quarter valued at approximately $45,618,000. Mawer Investment Management Ltd. boosted its holdings in shares of OSI Systems by 22.2% in the 1st quarter. Mawer Investment Management Ltd. now owns 461,022 shares of the technology company's stock valued at $89,595,000 after buying an additional 83,724 shares during the last quarter. Nuveen LLC acquired a new position in shares of OSI Systems during the 1st quarter worth about $15,546,000. Invesco Ltd. lifted its position in shares of OSI Systems by 39.3% in the first quarter. Invesco Ltd. now owns 246,254 shares of the technology company's stock valued at $47,857,000 after buying an additional 69,536 shares during the last quarter. Finally, Clark Capital Management Group Inc. increased its holdings in shares of 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 purchasing an additional 59,690 shares during the last quarter. 89.21% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other OSI Systems news, Director Meyer/ Luskin sold 1,000 shares of the company's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $237.15, for a total value of $237,150.00. Following the completion of the sale, the director directly owned 11,214 shares of the company's stock, valued at approximately $2,659,400.10. This represents a 8.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 5.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on OSIS. Roth Mkm increased their price objective on OSI Systems from $224.00 to $245.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. B. Riley increased their price objective on shares of OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Wall Street Zen upgraded OSI Systems from a "sell" rating to a "hold" rating in a 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 research report on Friday, August 22nd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $230.83.

OSI Systems Stock Up 0.5%

OSIS stock traded up $1.19 during mid-day trading on Thursday, reaching $231.57. 64,794 shares of the company traded hands, compared to its average volume of 224,003. OSI Systems, Inc. has a fifty-two week low of $129.84 and a fifty-two week high of $241.64. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The firm's 50 day moving average price is $222.98 and its 200 day moving average price is $212.20. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 26.51, a P/E/G ratio of 1.91 and a beta of 1.31.

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

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.