UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Raises Stock Position in OSI Systems, Inc. $OSIS

Key Points

• UBS Asset Management significantly increased its stake in OSI Systems by 161.5%, now owning approximately 5.23% of the company, valued at about $170.5 million.
• OSI Systems recently received positive analyst ratings, with B. Riley raising the target price to $260 and maintaining a "buy" rating, while the majority consensus remains a "Moderate Buy".
• The company reported a 4.9% increase in revenue year-over-year for the latest quarter, with an EPS of $3.24, exceeding analyst estimates of $3.19.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 161.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 877,393 shares of the technology company's stock after purchasing an additional 541,882 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 5.23% of OSI Systems worth $170,513,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in OSIS. National Bank of Canada FI boosted its holdings in shares of OSI Systems by 118.2% during the 1st quarter. National Bank of Canada FI now owns 144 shares of the technology company's stock valued at $28,000 after purchasing an additional 78 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of OSI Systems by 139.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company's stock valued at $38,000 after purchasing an additional 113 shares during the last quarter. Virtus Advisers LLC bought a new position in shares of OSI Systems during the 1st quarter valued at about $43,000. Xponance Inc. bought a new position in shares of OSI Systems during the 1st quarter valued at about $233,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of OSI Systems during the 1st quarter valued at about $234,000. Institutional investors own 89.21% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on OSIS. 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 research report on Friday, August 22nd. Oppenheimer restated an "outperform" rating and set a $270.00 target price on shares of OSI Systems in a research report 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 currently has a consensus rating of "Moderate Buy" and an average target price of $230.83.

Insiders Place Their Bets

In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the firm's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $236.76, for a total value of $395,625.96. Following the completion of the sale, the insider directly owned 8,749 shares in the company, valued at $2,071,413.24. This trade represents a 16.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.20% of the stock is currently owned by company insiders.

OSI Systems Stock Down 0.1%

Shares of NASDAQ OSIS traded down $0.30 during midday trading on Wednesday, reaching $237.81. 10,777 shares of the company's stock traded hands, compared to its average volume of 216,727. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The stock's 50 day simple moving average is $226.29 and its 200-day simple moving average is $214.68. OSI Systems, Inc. has a one year low of $129.84 and a one year high of $241.64. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 27.36, a P/E/G ratio of 1.96 and a beta of 1.30.

OSI Systems (NASDAQ:OSIS - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.19 by $0.05. The firm had revenue of $504.99 million for the quarter, compared to the consensus estimate of $497.22 million. OSI Systems had a net margin of 8.73% and a return on equity of 18.69%. The company's quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $2.84 earnings per share. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, analysts predict that OSI Systems, Inc. will post 9.22 EPS for the current fiscal year.

About OSI Systems

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.