WINTON GROUP Ltd Boosts Holdings in OSI Systems, Inc. $OSIS

Key Points

• WINTON GROUP Ltd increased its OSI Systems stake by 541.4% in the second quarter, owning 7,382 shares valued at $1.614 million. Institutional investors collectively hold 89.21% of the company’s stock.
• Analysts maintain a generally positive outlook, with five Buy ratings and two Holds. OSI Systems has a “Moderate Buy” consensus rating and an average price target of $281.71.
• OSI Systems reported quarterly EPS of $3.78, narrowly exceeding estimates, while revenue of $484.06 million fell short of expectations. The stock opened at $204.29, well below its 12-month high of $311.72.

WINTON GROUP Ltd grew its stake in shares of OSI Systems, Inc. (NASDAQ:OSIS - Free Report) by 541.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,382 shares of the technology company's stock after purchasing an additional 6,231 shares during the period. WINTON GROUP Ltd's holdings in OSI Systems were worth $1,614,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Empowered Funds LLC purchased a new position in shares of OSI Systems during the 1st quarter worth approximately $2,103,000. Jefferies Financial Group Inc. bought a new position in shares of OSI Systems in the 4th quarter worth approximately $3,504,000. Waverly Advisors LLC lifted its stake in shares of OSI Systems by 1,283.8% in the 1st quarter. Waverly Advisors LLC now owns 12,302 shares of the technology company's stock valued at $3,266,000 after purchasing an additional 11,413 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of OSI Systems by 142.1% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 13,264 shares of the technology company's stock valued at $3,522,000 after purchasing an additional 7,786 shares during the period. Finally, Neumeier Poma Investment Counsel LLC bought a new stake in shares of OSI Systems during the second quarter valued at approximately $48,664,031. Hedge funds and other institutional investors own 89.21% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on OSIS shares. Oppenheimer decreased their price objective on OSI Systems from $320.00 to $300.00 and set an "outperform" rating for the company in a report on Friday, August 21st. Weiss Ratings cut shares of OSI Systems from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, July 30th. Roth Capital reaffirmed a "buy" rating and issued a $274.00 target price on shares of OSI Systems in a research report on Friday, August 21st. Citigroup lowered their price target on shares of OSI Systems from $345.00 to $279.00 and set a "buy" rating for the company in a research report on Monday, May 18th. Finally, Bank of America dropped their price objective on shares of OSI Systems from $315.00 to $300.00 and set a "buy" rating on the stock in a research note on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $281.71.

OSI Systems Stock Performance

OSIS stock opened at $204.29 on Friday. The stock's 50 day simple moving average is $216.35 and its 200 day simple moving average is $240.41. The company has a current ratio of 3.15, a quick ratio of 2.34 and a debt-to-equity ratio of 1.20. OSI Systems, Inc. has a 12-month low of $186.50 and a 12-month high of $311.72. The stock has a market capitalization of $3.26 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 1.54 and a beta of 1.20.

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, topping the consensus estimate of $3.77 by $0.01. OSI Systems had a return on equity of 20.33% and a net margin of 8.66%.The firm had revenue of $484.06 million during the quarter, compared to analysts' expectations of $529.72 million. During the same quarter in the previous year, the business earned $2.84 earnings per share. The company's revenue was up .1% on a year-over-year basis. OSI Systems has set its FY 2027 guidance at 11.130-11.490 EPS. As a group, research analysts forecast that OSI Systems, Inc. will post 11.35 earnings per share for the current fiscal year.

About OSI Systems

OSI Systems, Inc NASDAQ: OSIS is a vertically integrated technology company that designs and manufactures specialized electronic systems for security, healthcare, and optoelectronic applications. The company serves government agencies, transportation authorities, hospitals, medical providers, defense contractors, and commercial customers worldwide.

Through its Rapiscan Systems business, OSI Systems provides security inspection and screening products, including baggage and parcel inspection systems, cargo and vehicle screening equipment, people-screening technologies, radiation detection systems, and related security services.

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