State of New Jersey Common Pension Fund D Trims Position in OSI Systems, Inc. $OSIS

State of New Jersey Common Pension Fund D cut its position in OSI Systems, Inc. (NASDAQ:OSIS) by 14.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,236 shares of the technology company’s stock after selling 1,382 shares during the period. State of New Jersey Common Pension Fund D’s holdings in OSI Systems were worth $1,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Park Avenue Securities LLC increased its stake in shares of OSI Systems by 1.0% in the second quarter. Park Avenue Securities LLC now owns 6,787 shares of the technology company’s stock worth $1,526,000 after purchasing an additional 65 shares in the last quarter. Hohimer Wealth Management LLC increased its stake in shares of OSI Systems by 4.2% in the first quarter. Hohimer Wealth Management LLC now owns 1,927 shares of the technology company’s stock worth $374,000 after purchasing an additional 77 shares in the last quarter. Yousif Capital Management LLC increased its stake in shares of OSI Systems by 1.3% in the second quarter. Yousif Capital Management LLC now owns 5,827 shares of the technology company’s stock worth $1,310,000 after purchasing an additional 77 shares in the last quarter. National Bank of Canada FI increased its stake 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 worth $28,000 after purchasing an additional 78 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its stake in shares of OSI Systems by 7.0% in the first quarter. Ashton Thomas Private Wealth LLC now owns 1,483 shares of the technology company’s stock worth $288,000 after purchasing an additional 97 shares in the last quarter. 89.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

OSIS has been the subject of a number of analyst reports. B. Riley increased 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 raised their target price on shares of OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, September 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OSI Systems in a research note on Wednesday, October 8th. Roth Capital reaffirmed a “buy” rating and set a $280.00 target price on shares of OSI Systems in a research note on Wednesday. Finally, Oppenheimer raised their target price on shares of OSI Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday, October 3rd. Seven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $252.14.

OSI Systems Price Performance

OSIS stock opened at $278.46 on Friday. OSI Systems, Inc. has a 52 week low of $131.34 and a 52 week high of $282.54. The company has a quick ratio of 1.46, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. The company has a fifty day simple moving average of $241.62 and a two-hundred day simple moving average of $228.06. The firm has a market capitalization of $4.73 billion, a P/E ratio of 32.01, a price-to-earnings-growth ratio of 2.13 and a beta of 1.32.

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

Insider Buying and Selling at OSI Systems

In other OSI Systems news, Chairman Deepak Chopra sold 20,000 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total transaction of $4,916,000.00. Following the completion of the transaction, the chairman owned 312,969 shares in the company, valued at $76,927,780.20. This trade represents a 6.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Paul Keith Morben sold 1,671 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $236.76, for a total transaction of $395,625.96. Following the completion of the sale, the insider owned 8,749 shares of the company’s stock, valued at $2,071,413.24. This trade represents a 16.04% decrease in their position. The SEC filing for this sale provides additional information. 4.30% of the stock is owned by company insiders.

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.