Hotchkis & Wiley Capital Management LLC Trims Holdings 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 lowered its holdings 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 and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. National Bank of Canada FI grew its stake in OSI Systems by 118.2% during the first quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock worth $28,000 after purchasing an additional 78 shares during the period. Nisa Investment Advisors LLC grew its stake in OSI Systems by 139.5% in the first quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company's stock valued at $38,000 after acquiring an additional 113 shares during the period. Xponance Inc. acquired a new stake in OSI Systems in the first quarter valued at approximately $233,000. Sequoia Financial Advisors LLC acquired a new stake in OSI Systems in the first quarter valued at approximately $234,000. Finally, EntryPoint Capital LLC acquired a new stake in OSI Systems in the first quarter valued at approximately $255,000. Institutional investors and hedge funds own 89.21% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Oppenheimer reissued an "outperform" rating and issued a $270.00 price objective on shares of OSI Systems 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, B. Riley raised their target price on OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a report on Friday, August 22nd. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $230.83.

OSI Systems Stock Performance

OSI Systems stock traded up $0.93 during mid-day trading on Friday, reaching $230.05. 122,191 shares of the company's stock were exchanged, compared to its average volume of 218,996. The business's fifty day simple moving average is $223.50 and its 200 day simple moving average is $212.55. The firm has a market capitalization of $3.87 billion, a PE ratio of 26.44, a P/E/G ratio of 1.91 and a beta of 1.30. OSI Systems, Inc. has a one year low of $129.84 and a one year 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.

OSI Systems (NASDAQ:OSIS - Get Free Report) last issued its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, topping analysts' consensus estimates of $3.19 by $0.05. The business 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%.OSI Systems's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company posted $2.84 earnings per share. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, sell-side analysts expect that OSI Systems, Inc. will post 9.22 earnings per share for the current year.

Insider Activity

In other OSI Systems news, Director Meyer/ Luskin sold 1,000 shares of the business's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $237.15, for a total value of $237,150.00. Following the sale, the director directly owned 11,214 shares in the company, valued at $2,659,400.10. The trade was a 8.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 5.20% of the stock is currently owned by insiders.

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.