Envestnet Asset Management Inc. Grows Holdings in OSI Systems, Inc. $OSIS

Envestnet Asset Management Inc. grew its stake in OSI Systems, Inc. (NASDAQ:OSIS) by 5.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 89,334 shares of the technology company’s stock after acquiring an additional 4,990 shares during the period. Envestnet Asset Management Inc. owned about 0.53% of OSI Systems worth $20,088,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in OSIS. Principal Financial Group Inc. lifted its stake in OSI Systems by 21.0% during the first quarter. Principal Financial Group Inc. now owns 98,072 shares of the technology company’s stock worth $19,059,000 after purchasing an additional 17,018 shares in the last quarter. World Investment Advisors acquired a new position in OSI Systems during the first quarter worth $365,000. Crossmark Global Holdings Inc. purchased a new position in OSI Systems during the 1st quarter valued at about $274,000. Brown Advisory Inc. grew its position in OSI Systems by 2.3% in the 1st quarter. Brown Advisory Inc. now owns 278,790 shares of the technology company’s stock valued at $54,180,000 after acquiring an additional 6,332 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in OSI Systems by 139.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 194 shares of the technology company’s stock valued at $38,000 after acquiring an additional 113 shares in the last quarter. 89.21% of the stock is owned by hedge funds and other institutional investors.

OSI Systems Stock Performance

Shares of OSIS stock opened at $277.54 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average price of $243.67 and a 200 day moving average price of $229.54. The company has a market cap of $4.71 billion, a P/E ratio of 31.90, a PEG ratio of 2.13 and a beta of 1.32. OSI Systems, Inc. has a 12 month low of $131.78 and a 12 month high of $282.96.

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 analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $372.03 million. During the same quarter in the prior year, the business posted $1.25 EPS. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. OSI Systems has set its FY 2026 guidance at 10.200-10.480 EPS. Sell-side analysts predict that OSI Systems, Inc. will post 9.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Chairman Deepak Chopra sold 20,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $245.80, for a total value of $4,916,000.00. Following the completion of the sale, the chairman directly owned 312,969 shares of the company’s stock, valued at $76,927,780.20. The trade was a 6.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul Keith Morben sold 1,671 shares of the business’s stock in a transaction 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 completion of the sale, the insider directly owned 8,749 shares of the company’s stock, valued at approximately $2,071,413.24. This trade represents a 16.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Bank of America lifted their target price on OSI Systems from $250.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Weiss Ratings restated a “buy (b)” rating on shares of OSI Systems in a report on Wednesday, October 8th. Roth Capital restated a “buy” rating and issued a $280.00 price objective on shares of OSI Systems in a report on Wednesday, October 29th. JPMorgan Chase & Co. upped their price objective on OSI Systems from $242.00 to $255.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Oppenheimer upped their price objective on OSI Systems from $270.00 to $280.00 and gave the stock an “outperform” rating in a research report 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 data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $256.43.

OSI Systems 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.