Louisiana State Employees Retirement System Takes $1.83 Million Position in OSI Systems, Inc. $OSIS

Louisiana State Employees Retirement System acquired a new position in shares of OSI Systems, Inc. (NASDAQ:OSIS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,900 shares of the technology company’s stock, valued at approximately $1,832,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Danske Bank A S bought a new stake in OSI Systems in the 3rd quarter valued at $25,000. Private Trust Co. NA increased its holdings in OSI Systems by 179.5% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the technology company’s stock worth $31,000 after purchasing an additional 79 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in shares of OSI Systems in the 4th quarter valued at about $32,000. Caitong International Asset Management Co. Ltd raised its stake in shares of OSI Systems by 119.5% in the 4th 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 during the period. Finally, First Horizon Corp bought a new stake in shares of OSI Systems in the fourth quarter valued at about $45,000. 89.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at OSI Systems

In other news, Director Deepak Chopra sold 20,000 shares of OSI Systems stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $281.84, for a total transaction of $5,636,800.00. Following the completion of the transaction, the director directly owned 253,044 shares in the company, valued at approximately $71,317,920.96. The trade was a 7.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on OSIS. Citigroup decreased their price objective on OSI Systems from $345.00 to $279.00 and set a “buy” rating for the company in a report on Monday, May 18th. Weiss Ratings cut OSI Systems from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $310.00 price target on shares of OSI Systems in a research report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $294.00.

OSI Systems Stock Up 2.6%

OSI Systems stock opened at $218.70 on Wednesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 3.25 and a quick ratio of 2.42. The company’s 50-day moving average is $232.01 and its 200-day moving average is $260.57. The firm has a market capitalization of $3.60 billion, a PE ratio of 24.97, a P/E/G ratio of 1.75 and a beta of 1.21. OSI Systems, Inc. has a fifty-two week low of $197.27 and a fifty-two week high of $311.72.

OSI Systems (NASDAQ:OSIS) last issued its earnings results on Monday, May 4th. The technology company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.07. OSI Systems had a net margin of 8.42% and a return on equity of 18.84%. The business had revenue of $453.25 million during the quarter, compared to the consensus estimate of $449.23 million. During the same period last year, the business posted $2.44 EPS. OSI Systems’s revenue was up 2.0% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.300-10.550 EPS. Sell-side analysts anticipate that OSI Systems, Inc. will post 10.4 earnings per share for the current year.

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.