Farther Finance Advisors LLC Increases Holdings in OSI Systems, Inc. $OSIS

Farther Finance Advisors LLC boosted its position in shares of OSI Systems, Inc. (NASDAQ:OSIS) by 1,204.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,643 shares of the technology company’s stock after purchasing an additional 1,517 shares during the quarter. Farther Finance Advisors LLC’s holdings in OSI Systems were worth $369,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Toronto Dominion Bank purchased a new stake in OSI Systems in the fourth quarter worth about $308,000. GAMMA Investing LLC raised its holdings in shares of OSI Systems by 27,175.4% in the 1st quarter. GAMMA Investing LLC now owns 31,094 shares of the technology company’s stock valued at $6,043,000 after purchasing an additional 30,980 shares in the last quarter. Rhumbline Advisers lifted its position in shares of OSI Systems by 2.1% in the 1st quarter. Rhumbline Advisers now owns 45,234 shares of the technology company’s stock worth $8,791,000 after purchasing an additional 912 shares during the period. Chatham Capital Group Inc. boosted its stake in shares of OSI Systems by 4.2% during the first quarter. Chatham Capital Group Inc. now owns 16,775 shares of the technology company’s stock valued at $3,260,000 after purchasing an additional 673 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in OSI Systems by 7.1% during the first quarter. Park Avenue Securities LLC now owns 6,722 shares of the technology company’s stock valued at $1,306,000 after buying an additional 447 shares during the period. 89.21% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on OSIS shares. B. Riley boosted their price objective on shares of OSI Systems from $255.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Bank of America lifted their price target on OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a report on Friday. Finally, Oppenheimer restated an “outperform” rating and set a $270.00 price objective on shares of OSI Systems in a research note on Friday, August 22nd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.83.

OSI Systems Trading Up 2.1%

Shares of NASDAQ:OSIS opened at $236.42 on Monday. The business’s 50-day moving average is $229.27 and its 200 day moving average is $217.78. 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 $129.84 and a 1 year high of $244.49. The firm has a market capitalization of $3.98 billion, a P/E ratio of 27.17, a P/E/G ratio of 1.96 and a beta of 1.30.

OSI Systems (NASDAQ:OSIS) last issued its quarterly earnings results on Thursday, August 21st. The technology company reported $3.24 earnings per share for the quarter, topping the consensus estimate of $3.19 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 $504.99 million during the quarter, compared to the consensus estimate of $497.22 million. During the same quarter last year, the company earned $2.84 earnings per share. The company’s quarterly revenue was up 4.9% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.110-10.390 EPS. On average, research analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other OSI Systems news, insider Paul Keith Morben sold 1,671 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $236.76, for a total transaction of $395,625.96. Following the transaction, the insider owned 8,749 shares in the company, valued at approximately $2,071,413.24. This represents a 16.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.20% 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.