OMERS ADMINISTRATION Corp Acquires 5,866 Shares of Logitech International S.A. $LOGI

OMERS ADMINISTRATION Corp increased its holdings in Logitech International S.A. (NASDAQ:LOGI) by 119.2% during the first quarter, HoldingsChannel reports. 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.

Several other large investors have also added to or reduced their stakes in LOGI. Arrowstreet Capital Limited Partnership boosted its stake in Logitech International by 305.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,084,820 shares of the technology company’s stock valued at $227,859,000 after purchasing an additional 1,570,876 shares during the last quarter. Morgan Stanley raised its stake in shares of Logitech International by 152.5% in the fourth quarter. Morgan Stanley now owns 2,190,070 shares of the technology company’s stock worth $219,489,000 after purchasing an additional 1,322,582 shares during the last quarter. Credit Agricole S A bought a new position in shares of Logitech International in the third quarter valued at approximately $104,402,000. Norges Bank bought a new position in shares of Logitech International in the fourth quarter valued at approximately $89,248,000. Finally, Marshall Wace LLP boosted its position in shares of Logitech International by 131.2% during the fourth quarter. Marshall Wace LLP now owns 1,273,720 shares of the technology company’s stock valued at $129,125,000 after buying an additional 722,887 shares during the last quarter. Institutional investors own 45.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on LOGI shares. Barclays decreased their price target on Logitech International from $105.00 to $101.00 and set an “equal weight” rating for the company in a report on Wednesday. Weiss Ratings raised shares of Logitech International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 22nd. Wall Street Zen lowered shares of Logitech International from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Bank of America downgraded shares of Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 target price for the company. in a report on Tuesday, June 30th. Finally, Morgan Stanley dropped their price target on shares of Logitech International from $89.00 to $88.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $108.29.

Logitech International Trading Down 1.4%

Shares of LOGI opened at $101.57 on Friday. The stock has a 50 day moving average of $106.26 and a 200 day moving average of $98.51. The company has a market capitalization of $14.89 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 4.31 and a beta of 1.17. Logitech International S.A. has a 12 month low of $83.32 and a 12 month high of $129.66.

Logitech International (NASDAQ:LOGI) last announced its quarterly earnings data on Tuesday, July 28th. The technology company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.59. Logitech International had a return on equity of 37.90% and a net margin of 16.28%.The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the company earned $1.26 EPS. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, equities research analysts predict that Logitech International S.A. will post 5.21 earnings per share for the current year.

Logitech International Cuts Dividend

The business also recently declared an annual dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd will be given a dividend of $1.36 per share. The ex-dividend date is Tuesday, September 22nd. This represents a yield of 126.0%.

Logitech International News Roundup

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

Logitech International Company Profile

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.