Loomis Sayles & Co. L P Grows Stake in OSI Systems, Inc. $OSIS

Loomis Sayles & Co. L P grew its position in OSI Systems, Inc. (NASDAQ:OSIS) by 34.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,311 shares of the technology company’s stock after buying an additional 33,320 shares during the quarter. Loomis Sayles & Co. L P owned 0.77% of OSI Systems worth $29,077,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. National Bank of Canada FI raised its holdings in shares of OSI Systems by 118.2% in the first quarter. National Bank of Canada FI now owns 144 shares of the technology company’s stock valued at $28,000 after acquiring an additional 78 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of OSI Systems by 78.7% in the 2nd quarter. Bessemer Group Inc. now owns 134 shares of the technology company’s stock valued at $30,000 after purchasing an additional 59 shares in the last quarter. Virtus Advisers LLC bought a new stake in shares of OSI Systems in the 1st quarter valued at about $43,000. USA Financial Formulas purchased a new stake in shares of OSI Systems in the 2nd quarter worth approximately $55,000. Finally, GAMMA Investing LLC boosted its stake in shares of OSI Systems by 73.8% during the second quarter. GAMMA Investing LLC now owns 278 shares of the technology company’s stock valued at $63,000 after purchasing an additional 118 shares in the last quarter. Institutional investors own 89.21% of the company’s stock.

OSI Systems Trading Down 0.3%

Shares of NASDAQ:OSIS opened at $270.86 on Friday. The business’s 50-day moving average is $256.01 and its 200 day moving average is $236.54. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.04 and a quick ratio of 1.46. OSI Systems, Inc. has a 1 year low of $150.84 and a 1 year high of $292.34. The firm has a market capitalization of $4.60 billion, a P/E ratio of 31.13, a P/E/G ratio of 2.13 and a beta of 1.33.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, October 30th. The technology company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.05. OSI Systems had a return on equity of 18.69% and a net margin of 8.73%.The business had revenue of $384.62 million during the quarter, compared to the consensus estimate of $372.03 million. During the same quarter last year, the company earned $1.25 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. On average, research analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on OSIS shares. B. Riley lifted their price objective on shares of OSI Systems from $255.00 to $260.00 and gave the company a “buy” rating in a report on Friday, August 22nd. JPMorgan Chase & Co. boosted their price target on OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Oppenheimer upped their price objective on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 3rd. Bank of America lifted their target price on OSI Systems from $265.00 to $315.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Roth Capital reiterated a “buy” rating and issued a $280.00 target price on shares of OSI Systems in a report on Wednesday, October 29th. Seven equities research 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $263.57.

Insiders Place Their Bets

In other news, insider Paul Keith Morben sold 416 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $279.10, for a total transaction of $116,105.60. Following the sale, the insider directly owned 8,540 shares of the company’s stock, valued at $2,383,514. The trade was a 4.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Deepak Chopra sold 20,000 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $285.74, for a total value of $5,714,800.00. Following the completion of the transaction, the chairman directly owned 292,969 shares in the company, valued at approximately $83,712,962.06. The trade was a 6.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 43,587 shares of company stock valued at $11,567,257. Insiders own 4.30% of the company’s stock.

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.