Livforsakringsbolaget Skandia Omsesidigt Buys Shares of 12,900 OSI Systems, Inc. $OSIS

Key Points

• Livforsakringsbolaget Skandia Omsesidigt bought 12,900 OSI Systems shares worth approximately $2.82 million, while institutional investors and hedge funds collectively own 89.21% of the company.
• Analysts maintain a generally positive outlook, with five Buy ratings and two Hold ratings producing a “Moderate Buy” consensus and an average price target of $281.71, despite several recent target-price reductions.
• OSI Systems exceeded quarterly EPS expectations, reporting $3.78 versus the $3.77 consensus, but revenue of $484.06 million fell short of the $529.72 million estimate. The stock opened at $206.64, below its 50-day and 200-day moving averages.

Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 12,900 shares of the technology company's stock, valued at approximately $2,821,000. Livforsakringsbolaget Skandia Omsesidigt owned 0.08% of OSI Systems at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Jupiter Topco LLC bought a new stake in OSI Systems in the second quarter valued at approximately $198,127,000. Janus Henderson Group PLC grew its holdings in shares of OSI Systems by 2.6% in the 1st quarter. Janus Henderson Group PLC now owns 772,314 shares of the technology company's stock valued at $205,056,000 after buying an additional 19,747 shares during the period. Geode Capital Management LLC increased its position in shares of OSI Systems by 4.2% in the 4th quarter. Geode Capital Management LLC now owns 410,963 shares of the technology company's stock valued at $104,836,000 after buying an additional 16,692 shares in the last quarter. William Blair Investment Management LLC bought a new stake in shares of OSI Systems in the 2nd quarter valued at $82,964,000. Finally, UBS Group AG raised its stake in OSI Systems by 63.8% during the 3rd quarter. UBS Group AG now owns 316,334 shares of the technology company's stock worth $78,843,000 after buying an additional 123,212 shares during the period. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OSIS has been the subject of a number of research analyst reports. B. Riley Financial reissued a "buy" rating and issued a $265.00 target price (down from $320.00) on shares of OSI Systems in a research note on Friday, August 21st. Roth Capital reaffirmed a "buy" rating and set a $274.00 price target on shares of OSI Systems in a research report on Friday, August 21st. Citigroup decreased their price objective on OSI Systems from $345.00 to $279.00 and set a "buy" rating for the company in a research report on Monday, May 18th. Bank of America lowered their target price 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 shares of OSI Systems from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $281.71.

OSI Systems Stock Performance

OSIS opened at $206.64 on Friday. The business's 50-day moving average price is $218.97 and its two-hundred day moving average price is $245.24. OSI Systems, Inc. has a 1 year low of $186.50 and a 1 year high of $311.72. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 22.96, a P/E/G ratio of 1.59 and a beta of 1.21. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.15 and a quick ratio of 2.34.

OSI Systems (NASDAQ:OSIS - Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The technology company reported $3.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $0.01. The company had revenue of $484.06 million during the quarter, compared to analysts' expectations of $529.72 million. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%.OSI Systems's revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.84 earnings per share. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. Equities analysts expect that OSI Systems, Inc. will post 11.32 EPS for the current fiscal year.

OSI Systems 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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