Intech Investment Management LLC Has $1.79 Million Stock Holdings in OSI Systems, Inc. $OSIS

Key Points

• Intech Investment Management LLC has increased its holdings in OSI Systems, Inc. by 15.4%, now owning a total of 9,233 shares valued at approximately $1.79 million.
• Analysts have set a consensus price target of $230.83 for OSI Systems, with strong buy ratings from multiple firms including B. Riley and Oppenheimer.
• Insider activity saw Paul Keith Morben sell 1,671 shares at an average price of $236.76, resulting in a 16.04% decrease in his ownership stake.

Intech Investment Management LLC lifted its position in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 15.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,233 shares of the technology company's stock after acquiring an additional 1,233 shares during the quarter. Intech Investment Management LLC owned 0.05% of OSI Systems worth $1,794,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in OSIS. Cetera Investment Advisers grew its position in shares of OSI Systems by 29.5% in the 4th quarter. Cetera Investment Advisers now owns 10,896 shares of the technology company's stock worth $1,824,000 after acquiring an additional 2,485 shares in the last quarter. Deutsche Bank AG boosted its position in OSI Systems by 47.3% during the 4th quarter. Deutsche Bank AG now owns 19,539 shares of the technology company's stock valued at $3,271,000 after purchasing an additional 6,277 shares during the period. ProShare Advisors LLC boosted its position in OSI Systems by 41.6% during the 4th quarter. ProShare Advisors LLC now owns 4,775 shares of the technology company's stock valued at $799,000 after purchasing an additional 1,404 shares during the period. Toronto Dominion Bank acquired a new position in OSI Systems during the 4th quarter valued at approximately $308,000. Finally, State of Wyoming boosted its position in OSI Systems by 1.9% during the 4th quarter. State of Wyoming now owns 2,698 shares of the technology company's stock valued at $452,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 89.21% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. B. Riley boosted their price objective on OSI Systems from $255.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, August 22nd. Oppenheimer reaffirmed an "outperform" rating and set a $270.00 target price on shares of OSI Systems in a research note on Friday, August 22nd. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $230.83.

OSI Systems Price Performance

Shares of OSIS traded up $4.96 during midday trading on Thursday, reaching $242.45. The stock had a trading volume of 138,619 shares, compared to its average volume of 216,821. OSI Systems, Inc. has a 52 week low of $129.84 and a 52 week high of $244.49. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. The firm's 50 day moving average price is $226.32 and its 200-day moving average price is $214.84. The company has a market capitalization of $4.08 billion, a P/E ratio of 27.87, a P/E/G ratio of 1.98 and a beta of 1.30.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 EPS for the quarter, topping 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 company had revenue of $504.99 million for the quarter, compared to the consensus estimate of $497.22 million. During the same quarter in the previous year, the business earned $2.84 EPS. The company'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. On average, analysts forecast that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Activity at OSI Systems

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

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.