21,267 Shares in OSI Systems, Inc. $OSIS Purchased by Deutsche Bank AG

Deutsche Bank AG bought a new position in OSI Systems, Inc. (NASDAQ:OSIS) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 21,267 shares of the technology company’s stock, valued at approximately $4,651,000.

Other hedge funds have also added to or reduced their stakes in the company. Danske Bank A S purchased a new stake in shares of OSI Systems in the third quarter worth about $25,000. Group One Trading LLC purchased a new position in OSI Systems during the first quarter valued at approximately $27,000. Mcguire Capital Advisors Inc. purchased a new position in OSI Systems during the fourth quarter valued at approximately $32,000. Caitong International Asset Management Co. Ltd increased its holdings in OSI Systems by 119.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the technology company’s stock worth $43,000 after acquiring an additional 92 shares during the period. Finally, Harbor Investment Advisory LLC bought a new stake in OSI Systems during the 2nd quarter worth approximately $68,000. Hedge funds and other institutional investors own 89.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on OSIS shares. Citigroup lowered their target price 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. Weiss Ratings lowered shares of OSI Systems from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Bank of America decreased their price target on shares of OSI Systems from $315.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Oppenheimer lowered their price objective on OSI Systems from $320.00 to $300.00 and set an “outperform” rating on the stock in a research report on Friday, August 21st. Finally, Roth Capital reissued a “buy” rating and set a $274.00 price objective on shares of OSI Systems in a research note on Friday. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $281.71.

OSI Systems Trading Up 0.0%

Shares of OSIS opened at $204.07 on Wednesday. The firm’s 50 day simple moving average is $219.66 and its 200 day simple moving average is $246.27. The company has a market capitalization of $3.25 billion, a P/E ratio of 22.67, a P/E/G ratio of 1.54 and a beta of 1.21. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.15 and a quick ratio of 2.34. OSI Systems, Inc. has a 1-year low of $186.50 and a 1-year high of $311.72.

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

OSI Systems Company Profile

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.