First Hawaiian Bank Has $668,000 Stake in OSI Systems, Inc. $OSIS

Key Points

• First Hawaiian Bank has reduced its stake in OSI Systems, Inc. by 58.2%, ending the 1st quarter with holdings worth $668,000.
• Wall Street analysts have a consensus rating of "Moderate Buy" for OSI Systems, with target prices ranging from $230.83 to $270.00.
• OSI Systems reported $3.24 earnings per share for the last quarter, exceeding expectations and showing a 4.9% year-over-year revenue growth.

First Hawaiian Bank reduced its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 58.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 3,437 shares of the technology company's stock after selling 4,777 shares during the period. First Hawaiian Bank's holdings in OSI Systems were worth $668,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. National Bank of Canada FI increased its stake in shares of OSI Systems by 118.2% in the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock valued at $28,000 after buying an additional 78 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of OSI Systems by 139.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company's stock valued at $38,000 after buying an additional 113 shares during the period. Virtus Advisers LLC acquired a new stake in shares of OSI Systems in the 1st quarter valued at $43,000. Strs Ohio acquired a new stake in shares of OSI Systems in the 1st quarter valued at $97,000. Finally, Xponance Inc. acquired a new stake in shares of OSI Systems in the 1st quarter valued at $233,000. 89.21% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on OSIS shares. B. Riley lifted their target price on OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a research note on Friday, August 22nd. Oppenheimer reissued an "outperform" rating and issued a $270.00 target price on shares of OSI Systems in a research note on Friday, August 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $230.83.

Insiders Place Their Bets

In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of OSI Systems stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction of $395,625.96. Following the transaction, the insider directly owned 8,749 shares in the company, valued at approximately $2,071,413.24. The trade was a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 5.20% of the company's stock.

OSI Systems Stock Performance

OSIS stock opened at $234.80 on Monday. The business's 50-day moving average price is $226.09 and its two-hundred day moving average price is $214.31. 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 firm has a market cap of $3.95 billion, a PE ratio of 26.99, a P/E/G ratio of 1.95 and a beta of 1.30. OSI Systems, Inc. has a 1-year low of $129.84 and a 1-year high of $241.64.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.05. The firm had revenue of $504.99 million for the quarter, compared to analyst estimates 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 for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.84 earnings per share. 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 earnings per share for the current year.

OSI Systems 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.

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