First Trust Advisors LP Grows Stock Position in Logitech International S.A. $LOGI

First Trust Advisors LP lifted its position in Logitech International S.A. (NASDAQ:LOGI) by 37.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,736 shares of the technology company’s stock after acquiring an additional 44,718 shares during the period. First Trust Advisors LP’s holdings in Logitech International were worth $15,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Compagnie Lombard Odier SCmA grew its holdings in Logitech International by 8.7% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 260,162 shares of the technology company’s stock valued at $26,777,000 after purchasing an additional 20,866 shares in the last quarter. Willis Investment Counsel increased its position in shares of Logitech International by 40.0% during the fourth quarter. Willis Investment Counsel now owns 42,747 shares of the technology company’s stock worth $4,284,000 after acquiring an additional 12,221 shares during the last quarter. QRG Capital Management Inc. lifted its stake in shares of Logitech International by 65.4% in the fourth quarter. QRG Capital Management Inc. now owns 32,532 shares of the technology company’s stock worth $3,260,000 after acquiring an additional 12,864 shares in the last quarter. Plato Investment Management Ltd lifted its stake in shares of Logitech International by 65.7% in the fourth quarter. Plato Investment Management Ltd now owns 44,871 shares of the technology company’s stock worth $4,640,000 after acquiring an additional 17,796 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Logitech International by 2.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,802,403 shares of the technology company’s stock valued at $288,430,000 after purchasing an additional 74,702 shares during the last quarter. 45.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on LOGI shares. Citigroup boosted their price objective on shares of Logitech International from $115.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Barclays cut their target price on Logitech International from $105.00 to $101.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Morgan Stanley decreased 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. Wedbush dropped their price target on shares of Logitech International from $135.00 to $130.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Bank of America downgraded shares of Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 price objective for the company. in a research report on Tuesday, June 30th. Three equities research 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. According to MarketBeat.com, Logitech International has an average rating of “Hold” and an average target price of $108.29.

Trending Headlines about Logitech International

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 Stock Down 1.4%

Shares of Logitech International 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 52 week low of $83.32 and a 52 week high of $129.66. 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 (NASDAQ:LOGI) last released its earnings results on Tuesday, July 28th. The technology company reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.20 billion. During the same quarter last year, the business posted $1.26 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. On average, equities analysts expect that Logitech International S.A. will post 5.21 earnings per share for the current year.

Logitech International Cuts Dividend

The business also recently announced an annual dividend, which will be paid on Wednesday, September 23rd. Stockholders 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 of this dividend is Tuesday, September 22nd.

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.