Primecap Management Co. CA Acquires Shares of 258,180 OSI Systems, Inc. $OSIS

Key Points

• Primecap Management acquired 258,180 OSI Systems shares worth approximately $56.5 million, giving it a 1.57% stake. Institutional investors and hedge funds collectively own 89.21% of the company.
• OSI Systems beat quarterly EPS expectations slightly, reporting $3.78 versus the $3.77 consensus, although revenue of $484.1 million fell short of the $529.7 million estimate. The company issued fiscal 2027 EPS guidance of $11.13–$11.49.
• Analysts remain broadly positive, with five Buy ratings and two Holds, but several firms lowered their price targets. The stock carries a “Moderate Buy” consensus rating and a $281.71 average target versus its recent $211.04 price.

Primecap Management Co. CA purchased a new stake in OSI Systems, Inc. (NASDAQ:OSIS - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 258,180 shares of the technology company's stock, valued at approximately $56,464,000. Primecap Management Co. CA owned 1.57% of OSI Systems at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Danske Bank A S acquired a new position in OSI Systems in the 3rd quarter valued at $25,000. Group One Trading LLC acquired a new stake in shares of OSI Systems during the 1st quarter worth $27,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of OSI Systems during the 4th quarter worth $32,000. Keating Financial Advisory Services Inc. bought a new position in shares of OSI Systems in the second quarter worth $39,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in OSI Systems by 119.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the technology company's stock valued at $43,000 after purchasing an additional 92 shares in the last quarter. Institutional investors and hedge funds own 89.21% of the company's stock.

OSI Systems Stock Up 3.4%

Shares of NASDAQ OSIS opened at $211.04 on Thursday. The company has a current ratio of 3.15, a quick ratio of 2.34 and a debt-to-equity ratio of 1.20. The company has a market cap of $3.36 billion, a price-to-earnings ratio of 23.45, a PEG ratio of 1.54 and a beta of 1.21. OSI Systems, Inc. has a 12 month low of $186.50 and a 12 month high of $311.72. The stock has a 50-day moving average price of $219.53 and a two-hundred day moving average price of $245.93.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Citigroup reduced their price objective on shares of OSI Systems from $345.00 to $279.00 and set a "buy" rating on the stock in a research note on Monday, May 18th. Bank of America cut their price target on shares of OSI Systems from $315.00 to $300.00 and set a "buy" rating for the company in a report on Monday, July 20th. B. Riley Financial reiterated a "buy" rating and set a $265.00 price target (down from $320.00) on shares of OSI Systems in a research report on Friday, August 21st. Oppenheimer decreased their price objective on shares of OSI Systems from $320.00 to $300.00 and set an "outperform" rating on the stock in a research note on Friday, August 21st. Finally, Weiss Ratings downgraded shares of OSI Systems from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, OSI Systems currently has an average rating of "Moderate Buy" and a consensus target price of $281.71.

About OSI Systems

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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