Advisors Asset Management Inc. Trims Holdings in OSI Systems, Inc. $OSIS

Key Points

• Advisors Asset Management Inc. reduced its position in OSI Systems by 13.3% during the first quarter, now owning approximately 0.10% of the company's stock, valued at $3,174,000.
• Several large investors increased their holdings in OSI Systems, with PDT Partners LLC and Royal Bank of Canada boosting their positions significantly by 542.6% and 519.8% respectively.
• OSIS stock is currently rated as a "Moderate Buy" by research analysts, with a consensus target price of $230.83, following positive earnings results where it reported an EPS of $3.24, surpassing estimates.

Advisors Asset Management Inc. lowered its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 13.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,334 shares of the technology company's stock after selling 2,505 shares during the quarter. Advisors Asset Management Inc. owned approximately 0.10% of OSI Systems worth $3,174,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Janus Henderson Group PLC increased its stake in shares of OSI Systems by 1.8% in the fourth quarter. Janus Henderson Group PLC now owns 1,230,805 shares of the technology company's stock worth $206,072,000 after purchasing an additional 21,637 shares in the last quarter. Mawer Investment Management Ltd. increased its stake in shares of OSI Systems by 22.2% in the first 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 in the last quarter. Primecap Management Co. CA increased its stake in shares of OSI Systems by 12.3% in the first quarter. Primecap Management Co. CA now owns 334,330 shares of the technology company's stock worth $64,974,000 after purchasing an additional 36,620 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of OSI Systems by 2.3% in the first quarter. Brown Advisory Inc. now owns 278,790 shares of the technology company's stock worth $54,180,000 after purchasing an additional 6,332 shares in the last quarter. Finally, Systematic Financial Management LP increased its stake in shares of OSI Systems by 4.5% in the fourth quarter. Systematic Financial Management LP now owns 276,163 shares of the technology company's stock worth $46,238,000 after purchasing an additional 11,821 shares in the last quarter. Hedge funds and other institutional investors own 89.21% of the company's stock.

Insider Transactions at OSI Systems

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. B. Riley raised their price objective 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 issued a $270.00 price objective on shares of OSI Systems in a research report on Friday, August 22nd. Finally, Wall Street Zen upgraded shares of OSI Systems from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, OSI Systems presently has an average rating of "Moderate Buy" and a consensus price target of $230.83.

OSI Systems Price Performance

Shares of OSIS stock traded up $2.76 during trading hours on Thursday, hitting $238.46. 51,437 shares of the company's stock were exchanged, compared to its average volume of 219,593. The company has a market capitalization of $4.01 billion, a PE ratio of 27.41, a PEG ratio of 1.90 and a beta of 1.30. OSI Systems, Inc. has a 12-month low of $129.84 and a 12-month high of $241.64. The business's 50 day simple moving average is $225.22 and its 200-day simple moving average is $213.64. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49.

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

OSI Systems Company 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.