SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 5.1% Passive Stake in OSI Systems Inc.

FMR LLC and its Chairman and CEO, Abigail P. Johnson, have jointly disclosed a passive beneficial ownership of 5.1% in OSI Systems Inc., totaling 847,907.37 common shares as of December 31, 2024.

Summary

• FMR LLC, a Delaware-organized entity, and Abigail P. Johnson, a U.S. citizen, have filed a Schedule 13G indicating beneficial ownership in OSI Systems Inc.
• As of December 31, 2024, the aggregate amount beneficially owned by FMR LLC and Abigail P. Johnson is 847,907.37 shares of OSI Systems Inc. Common Stock.
• This ownership represents 5.1% of the class of securities outstanding.
• FMR LLC holds sole voting power over 846,669.00 shares and sole dispositive power over 847,907.37 shares.
• Abigail P. Johnson holds sole dispositive power over 847,907.37 shares, with no sole or shared voting power.
• The filing is made under Rule 13d-1(b), indicating that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• The filing includes a Rule 13d-1(k)(1) agreement for joint filing by FMR LLC and Abigail P. Johnson.
• Relevant entities within FMR LLC that beneficially own shares include FIAM LLC, Fidelity Management & Research Company LLC, and Strategic Advisers LLC, all classified as Investment Advisers (IA).
• Fidelity Management & Research Company LLC is noted as beneficially owning 5% or greater of the outstanding shares.
• Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC, and other Johnson family members, through their ownership of Series B voting common shares and a voting agreement, may be deemed to form a controlling group with respect to FMR LLC.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive. While a 13G filing is primarily a disclosure, the fact that a prominent institutional investor like FMR LLC (Fidelity) maintains a significant stake (5.1%) in OSI Systems Inc. can be viewed as a positive signal of confidence in the company's value and long-term prospects by a sophisticated market participant.

Positives

• A significant stake (5.1%) held by a major institutional investor like FMR LLC (Fidelity) can be interpreted as a vote of confidence in OSI Systems Inc.'s long-term prospects.
• The passive nature of the filing (Schedule 13G) indicates that the investment is for ordinary course of business, suggesting a long-term investment horizon rather than an activist intent.

Risks

• While the filing states the shares are not held for control purposes, any future change in the beneficial ownership percentage by a large institutional investor could influence market perception.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding OSI Systems Inc.'s future performance or strategic direction, as it is a disclosure of beneficial ownership.

Industry Context

This filing reflects a significant passive investment by a major asset management firm in OSI Systems Inc. It does not provide insights into broader industry trends or competitive landscape, but rather highlights an institutional investor's position within the company.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holder provides transparency and can influence investor sentiment and potentially the stock's perceived stability or attractiveness.

Key Dates

Keywords

OSI Systems Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Fidelity, Investment Advisers