OMERS ADMINISTRATION Corp raised its position in shares of Logitech International S.A. (NASDAQ:LOGI – Free Report) by 119.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,788 shares of the technology company’s stock after acquiring an additional 5,866 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Logitech International were worth $971,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of LOGI. Quarry LP bought a new position in shares of Logitech International in the 3rd quarter worth about $30,000. CIBC Private Wealth Group LLC boosted its position in shares of Logitech International by 61.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 455 shares of the technology company’s stock valued at $46,000 after purchasing an additional 173 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Logitech International by 40.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 576 shares of the technology company’s stock worth $52,000 after purchasing an additional 165 shares during the period. Richardson Financial Services Inc. grew its stake in Logitech International by 101.5% during the fourth quarter. Richardson Financial Services Inc. now owns 663 shares of the technology company’s stock worth $66,000 after purchasing an additional 334 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Logitech International by 911.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 678 shares of the technology company’s stock worth $68,000 after purchasing an additional 611 shares in the last quarter. 45.76% of the stock is currently owned by institutional investors and hedge funds.
Logitech International Stock Performance
LOGI stock opened at $101.57 on Friday. The stock’s 50 day simple moving average is $106.26 and its 200 day simple moving average is $98.51. Logitech International S.A. has a fifty-two week low of $83.32 and a fifty-two week high of $129.66. The company has a market cap of $14.89 billion, a P/E ratio of 18.64, a price-to-earnings-growth ratio of 4.31 and a beta of 1.17.
Logitech International Cuts Dividend
The company also recently announced an annual dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd will be issued a $1.36 dividend. This represents a dividend yield of 126.0%. The ex-dividend date is Tuesday, September 22nd.
Key Logitech International News
Here are the key news stories impacting Logitech International this week:
- Positive Sentiment: Q1 results exceeded expectations: Logitech reported fiscal Q1 2027 earnings of $1.85 per share versus the $1.26 analyst consensus, while revenue reached $1.23 billion, ahead of the $1.20 billion estimate. Revenue increased 7% year over year, supported by premium-device demand, a stronger product mix and tariff refunds. Logitech Q1 Earnings Beat Estimates on Tariff Refunds, Premium Demand
- Positive Sentiment: Wedbush remains bullish: Although Wedbush reduced its price target from $135 to $130, it maintained an “outperform” rating, indicating the firm still sees substantial upside after the recent selloff. Logitech International Shares Gap Down on Analyst Downgrade
- Neutral Sentiment: Logitech filed its fiscal Q1 Form 10-Q with the SEC, providing the company’s formal quarterly financial disclosures. It also announced the return of its Logitech G PLAY gaming event, a longer-term product and brand-marketing initiative. Logitech Files Quarterly Report on Form 10-Q
- Negative Sentiment: Supplier shutdown creates near-term uncertainty: Logitech warned that delays from a supplier shutdown could disrupt product availability and weigh on fiscal Q3 2027 sales. The warning overshadowed the earnings beat and led to concerns about execution, prompting at least one analyst to downgrade the stock’s outlook. Logitech falls on Q3 sales warning from supplier shutdown
- Negative Sentiment: Analyst targets were cut: Barclays lowered its target from $105 to $101 and kept an “equal weight” rating, while Wedbush also trimmed its target. The reductions reinforce investor concerns that the supply issue may limit near-term upside despite strong quarterly performance. Logitech Q3 2027 Supply Risk Creates Too Much Uncertainty
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on LOGI shares. Bank of America lowered Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 price target on the stock. in a research note on Tuesday, June 30th. Weiss Ratings upgraded shares of Logitech International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. Barclays lowered their price objective on shares of Logitech International from $105.00 to $101.00 and set an “equal weight” rating for the company in a research note on Wednesday. Wall Street Zen lowered shares of Logitech International from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Finally, Wedbush reduced their price target on shares of Logitech International from $135.00 to $130.00 and set an “outperform” rating for the company in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Logitech International presently has a consensus rating of “Hold” and a consensus price target of $108.29.
Get Our Latest Stock Report on Logitech International
About Logitech International
Logitech International SA is a Swiss-headquartered company that designs, manufactures and markets a wide range of computer peripherals and accessories for consumers, gamers and business customers. Founded in 1981, the company develops hardware and complementary software that enable people to interact with digital devices across work, home and entertainment settings. Logitech maintains corporate offices in Switzerland and significant operations in the United States and other regions worldwide.
The company’s product portfolio includes mice, keyboards, webcams, headsets, microphones, speakers, remote controls and other input/output devices, along with specialized lines for gaming, streaming and video collaboration.
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