Empowered Funds LLC Takes Position in OSI Systems, Inc. $OSIS

Key Points

• Empowered Funds LLC initiated a position in OSI Systems by purchasing 8,010 shares worth approximately $1.75 million. Institutional ownership remains high at 89.21%, with several other funds also adding shares.
• OSI Systems reported quarterly EPS of $3.78, narrowly beating estimates, while revenue of $484.06 million fell short of consensus expectations. The company’s revenue increased slightly year over year, and it provided fiscal 2027 EPS guidance of $11.13–$11.49.
• Shares opened at $206.62, well below their 52-week high of $311.72. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $281.71, although several firms recently lowered their targets.

Empowered Funds LLC bought a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,010 shares of the technology company's stock, valued at approximately $1,752,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Equitable Holdings Inc. acquired a new position in OSI Systems in the second quarter valued at $1,120,000. Public Employees Retirement System of Ohio acquired a new stake in shares of OSI Systems during the second quarter worth about $35,000. Pure Financial Advisors LLC acquired a new stake in shares of OSI Systems during the second quarter worth about $437,000. Transamerica Financial Advisors LLC purchased a new position in shares of OSI Systems during the second quarter worth about $26,000. Finally, Bank of America Corp DE purchased a new position in shares of OSI Systems during the second quarter worth about $30,036,000. 89.21% of the stock is owned by hedge funds and other institutional investors.

OSI Systems Trading Down 0.1%

Shares of OSI Systems stock opened at $206.62 on Friday. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of 22.96, a price-to-earnings-growth ratio of 1.55 and a beta of 1.20. OSI Systems, Inc. has a 52-week low of $186.50 and a 52-week high of $311.72. The company's 50-day simple moving average is $218.21 and its 200-day simple moving average is $243.30. The company has a quick ratio of 2.34, a current ratio of 3.15 and a debt-to-equity ratio of 1.20.

OSI Systems (NASDAQ:OSIS - Get Free Report) last announced its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 EPS for the quarter, beating analysts' consensus estimates of $3.77 by $0.01. OSI Systems had a net margin of 8.66% and a return on equity of 20.33%. The firm had revenue of $484.06 million during the quarter, compared to the consensus estimate of $529.72 million. During the same quarter last year, the firm earned $2.84 earnings per share. The firm's revenue was up .1% compared to the same quarter last year. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. As a group, equities research analysts anticipate that OSI Systems, Inc. will post 11.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on OSIS. Citigroup reduced their price objective on OSI Systems from $345.00 to $279.00 and set a "buy" rating for the company in a research note on Monday, May 18th. Roth Capital reiterated a "buy" rating and issued a $274.00 target price on shares of OSI Systems in a research note on Friday, August 21st. Oppenheimer dropped their target price on OSI Systems from $320.00 to $300.00 and set an "outperform" rating on the stock in a report on Friday, August 21st. Bank of America cut their price target on OSI Systems from $315.00 to $300.00 and set a "buy" rating for the company in a research note on Monday, July 20th. Finally, Weiss Ratings downgraded OSI Systems from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, July 30th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $281.71.

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.

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