Dimensional Fund Advisors LP Has $114.81 Million Stock Position in OSI Systems, Inc. $OSIS

Key Points

• Dimensional Fund Advisors LP reduced its stake in OSI Systems by 21.2% during the first quarter, holding 590,774 shares worth approximately $114.8 million.
• Several institutional investors, including National Bank of Canada and Nisa Investment Advisors, significantly increased their holdings in OSI Systems, with some rising by over 100%.
• Brokerages have raised their price targets for OSI Systems, with Roth Mkm setting a new target of $245.00, reflecting a positive outlook from multiple analysts.

Dimensional Fund Advisors LP reduced its holdings in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 21.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 590,774 shares of the technology company's stock after selling 159,401 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.52% of OSI Systems worth $114,807,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in OSIS. Brown Advisory Inc. bought a new position in shares of OSI Systems during the 4th quarter worth approximately $45,618,000. Mawer Investment Management Ltd. lifted its holdings in OSI Systems by 22.2% during the 1st quarter. Mawer Investment Management Ltd. now owns 461,022 shares of the technology company's stock worth $89,595,000 after purchasing an additional 83,724 shares during the last quarter. Nuveen LLC acquired a new stake in OSI Systems during the 1st quarter worth approximately $15,546,000. Invesco Ltd. lifted its holdings in OSI Systems by 39.3% during the 1st quarter. Invesco Ltd. now owns 246,254 shares of the technology company's stock worth $47,857,000 after purchasing an additional 69,536 shares during the last quarter. Finally, Clark Capital Management Group Inc. lifted its holdings in OSI Systems by 19.7% during the 4th quarter. Clark Capital Management Group Inc. now owns 362,712 shares of the technology company's stock worth $60,729,000 after purchasing an additional 59,690 shares during the last quarter. 89.21% of the stock is currently owned by institutional investors.

OSI Systems Price Performance

NASDAQ OSIS traded down $1.26 during midday trading on Thursday, hitting $229.12. The company had a trading volume of 187,717 shares, compared to its average volume of 217,354. The company has a market capitalization of $3.86 billion, a PE ratio of 26.34, a P/E/G ratio of 1.91 and a beta of 1.31. 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 firm has a 50-day moving average price of $223.20 and a 200-day moving average price of $212.36. OSI Systems, Inc. has a twelve month low of $129.84 and a twelve month high of $241.64.

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

Insiders Place Their Bets

In other 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 transaction of $237,150.00. Following the completion of the transaction, the director owned 11,214 shares of the company's stock, valued at approximately $2,659,400.10. The trade was a 8.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.