Hotchkis & Wiley Capital Management LLC Trims Position in OSI Systems, Inc. $OSIS

Key Points

• Hotchkis & Wiley Capital Management LLC has reduced its position in OSI Systems, Inc. by 31.4%, now holding 32,290 shares worth $6.27 million.
• In contrast, National Bank of Canada FI and Nisa Investment Advisors LLC have significantly increased their positions in OSI Systems by over 118% and 139%, respectively.
• OSI Systems reported earnings of $3.24 per share in its last quarter, exceeding analysts’ estimates, with a revenue of $504.99 million, representing a 4.9% year-over-year increase.

Hotchkis & Wiley Capital Management LLC trimmed its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 31.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,290 shares of the technology company's stock after selling 14,800 shares during the period. Hotchkis & Wiley Capital Management LLC owned approximately 0.19% of OSI Systems worth $6,275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in OSIS. Raymond James Financial Inc. purchased a new position in shares of OSI Systems during the fourth quarter valued at approximately $1,840,000. First Trust Advisors LP increased its holdings in OSI Systems by 20.5% during the fourth quarter. First Trust Advisors LP now owns 26,054 shares of the technology company's stock valued at $4,362,000 after buying an additional 4,430 shares during the last quarter. MetLife Investment Management LLC increased its holdings in OSI Systems by 0.7% during the fourth quarter. MetLife Investment Management LLC now owns 9,401 shares of the technology company's stock valued at $1,574,000 after buying an additional 61 shares during the last quarter. MML Investors Services LLC increased its holdings in OSI Systems by 54.0% during the fourth quarter. MML Investors Services LLC now owns 13,330 shares of the technology company's stock valued at $2,232,000 after buying an additional 4,672 shares during the last quarter. Finally, Stifel Financial Corp increased its holdings in OSI Systems by 42.7% during the fourth quarter. Stifel Financial Corp now owns 11,752 shares of the technology company's stock valued at $1,968,000 after buying an additional 3,519 shares during the last quarter. 89.21% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on OSIS. Oppenheimer reaffirmed an "outperform" rating and set a $270.00 target price on shares of OSI Systems in a report on Friday, August 22nd. B. Riley upped their target price on shares of OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a report on Friday, August 22nd. Wall Street Zen raised shares of OSI Systems from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Finally, Roth Mkm upped their target price on shares of OSI Systems from $224.00 to $245.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $230.83.

Insider Buying and Selling at OSI Systems

In related news, Director Meyer/ Luskin sold 1,000 shares of the firm'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 transaction, the director owned 11,214 shares of the company's stock, valued at $2,659,400.10. This trade represents a 8.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 5.20% of the company's stock.

OSI Systems Price Performance

Shares of NASDAQ:OSIS traded up $0.93 during midday trading on Friday, reaching $230.05. 122,191 shares of the company were exchanged, compared to its average volume of 224,208. OSI Systems, Inc. has a one year low of $129.84 and a one year high of $241.64. 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 business's fifty day moving average is $223.20 and its two-hundred day moving average is $212.36. The stock has a market cap of $3.87 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 1.91 and a beta of 1.31.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, beating the consensus estimate of $3.19 by $0.05. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The business had revenue of $504.99 million during the quarter, compared to analyst estimates of $497.22 million. During the same quarter last year, the business earned $2.84 earnings per share. 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, analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current 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.