Campbell & CO Investment Adviser LLC Acquires 29,040 Shares of Logitech International S.A. $LOGI

Campbell & CO Investment Adviser LLC grew its holdings in Logitech International S.A. (NASDAQ:LOGI) by 66.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,859 shares of the technology company’s stock after acquiring an additional 29,040 shares during the period. Logitech International accounts for approximately 0.5% of Campbell & CO Investment Adviser LLC’s holdings, making the stock its 18th largest position. Campbell & CO Investment Adviser LLC’s holdings in Logitech International were worth $6,117,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. SVB Wealth LLC bought a new stake in Logitech International in the first quarter worth approximately $82,000. Quantbot Technologies LP lifted its stake in shares of Logitech International by 6.2% in the first quarter. Quantbot Technologies LP now owns 47,340 shares of the technology company’s stock worth $3,996,000 after buying an additional 2,771 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Logitech International by 11.4% in the first quarter. Wellington Management Group LLP now owns 167,591 shares of the technology company’s stock worth $14,002,000 after buying an additional 17,198 shares during the last quarter. Qtron Investments LLC lifted its stake in shares of Logitech International by 31.7% in the first quarter. Qtron Investments LLC now owns 9,517 shares of the technology company’s stock worth $795,000 after buying an additional 2,289 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Logitech International by 13.6% in the first quarter. Northern Trust Corp now owns 131,047 shares of the technology company’s stock worth $11,062,000 after buying an additional 15,717 shares during the last quarter. 45.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on LOGI. BNP Paribas upgraded shares of Logitech International from a “hold” rating to a “strong-buy” rating and boosted their price objective for the stock from $100.00 to $109.00 in a research note on Tuesday, August 5th. UBS Group upgraded shares of Logitech International from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 7th. Wedbush boosted their price objective on shares of Logitech International from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. BNP Paribas Exane upgraded shares of Logitech International from a “neutral” rating to an “outperform” rating and set a $109.00 price objective for the company in a research note on Tuesday, August 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Logitech International from $80.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $97.00.

Logitech International Trading Up 3.4%

NASDAQ:LOGI opened at $103.09 on Friday. Logitech International S.A. has a one year low of $64.73 and a one year high of $105.65. The company has a fifty day moving average price of $93.57 and a 200 day moving average price of $88.90.

Logitech International (NASDAQ:LOGI) last released its earnings results on Tuesday, July 29th. The technology company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.08 by $0.18. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Logitech International had a net margin of 13.78% and a return on equity of 30.81%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.13 EPS. Logitech International has set its Q2 2026 guidance at EPS. On average, equities analysts expect that Logitech International S.A. will post 4.21 EPS for the current fiscal year.

Logitech International Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Tuesday, September 23rd will be issued a $1.543 dividend. This is a boost from Logitech International’s previous annual dividend of $1.37. The ex-dividend date of this dividend is Tuesday, September 23rd. This represents a yield of 140.0%.

Logitech International Profile

Logitech International SA, through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.