Logitech International S.A. $LOGI Shares Bought by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec raised its stake in Logitech International S.A. (NASDAQ:LOGI) by 0.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,152,251 shares of the technology company’s stock after acquiring an additional 4,849 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Logitech International were worth $96,265,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Logitech International by 1.0% in the first quarter. Vanguard Group Inc. now owns 6,412,308 shares of the technology company’s stock valued at $543,347,000 after acquiring an additional 66,175 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Logitech International by 2.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,148,266 shares of the technology company’s stock valued at $341,610,000 after acquiring an additional 85,278 shares during the period. Deutsche Bank AG boosted its stake in Logitech International by 13.5% in the first quarter. Deutsche Bank AG now owns 1,449,739 shares of the technology company’s stock valued at $122,372,000 after acquiring an additional 172,320 shares during the period. Jupiter Asset Management Ltd. boosted its stake in Logitech International by 15.3% in the first quarter. Jupiter Asset Management Ltd. now owns 542,202 shares of the technology company’s stock valued at $45,300,000 after acquiring an additional 71,748 shares during the period. Finally, Freestone Grove Partners LP acquired a new position in Logitech International in the fourth quarter valued at approximately $39,660,000. 45.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. JPMorgan Chase & Co. lifted their target price on Logitech International from $80.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. UBS Group upgraded Logitech International from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 7th. Wedbush boosted their target price on Logitech International from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Loop Capital dropped their target price on Logitech International from $97.00 to $78.00 and set a “hold” rating on the stock in a report on Tuesday, May 6th. Finally, BNP Paribas raised Logitech International from a “hold” rating to a “strong-buy” rating and boosted their target price for the stock from $100.00 to $109.00 in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Logitech International currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.00.

Logitech International Stock Down 1.4%

NASDAQ LOGI opened at $101.67 on Tuesday. Logitech International S.A. has a 1 year low of $64.73 and a 1 year high of $105.65. The business’s fifty day moving average is $93.86 and its two-hundred day moving average is $88.85.

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

Logitech International Increases Dividend

The business 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 an increase from Logitech International’s previous annual dividend of $1.37. This represents a dividend yield of 140.0%. The ex-dividend date of this dividend is Tuesday, September 23rd.

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.