Charles Schwab Investment Management Inc. Buys 3,362 Shares of Logitech International S.A. $LOGI

Charles Schwab Investment Management Inc. increased its stake in Logitech International S.A. (NASDAQ:LOGI) by 16.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,976 shares of the technology company’s stock after acquiring an additional 3,362 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Logitech International were worth $2,024,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Logitech International by 2.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,161 shares of the technology company’s stock valued at $507,000 after purchasing an additional 120 shares in the last quarter. US Bancorp DE boosted its position in Logitech International by 1.7% during the first quarter. US Bancorp DE now owns 8,484 shares of the technology company’s stock valued at $716,000 after buying an additional 140 shares during the period. Parallel Advisors LLC boosted its position in Logitech International by 20.5% during the first quarter. Parallel Advisors LLC now owns 1,425 shares of the technology company’s stock valued at $121,000 after buying an additional 242 shares during the period. Blue Trust Inc. grew its stake in shares of Logitech International by 12.8% during the first quarter. Blue Trust Inc. now owns 2,364 shares of the technology company’s stock valued at $200,000 after buying an additional 269 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new position in shares of Logitech International in the fourth quarter worth about $26,000. Hedge funds and other institutional investors own 45.76% of the company’s stock.

Logitech International Trading Down 0.4%

LOGI stock opened at $103.54 on Monday. Logitech International S.A. has a fifty-two week low of $64.73 and a fifty-two week high of $105.65. The business’s 50 day moving average price is $95.37 and its two-hundred day moving average price is $88.91.

Logitech International (NASDAQ:LOGI) last issued its quarterly earnings results on Tuesday, July 29th. The technology company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.18. Logitech International had a return on equity of 30.81% and a net margin of 13.78%.The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the prior year, the firm earned $1.13 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Logitech International has set its Q2 2026 guidance at EPS. Equities research 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 disclosed an annual dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Tuesday, September 23rd will be paid a dividend of $1.543 per share. The ex-dividend date is Tuesday, September 23rd. This is a positive change from Logitech International’s previous annual dividend of $1.37. This represents a yield of 140.0%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on Logitech International from $80.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Wedbush increased their price objective on Logitech International from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Morgan Stanley lifted their target price on shares of Logitech International from $74.00 to $78.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. BNP Paribas upgraded shares of Logitech International from a “hold” rating to a “strong-buy” rating and upped their price target for the company from $100.00 to $109.00 in a report on Tuesday, August 5th. Finally, BNP Paribas Exane raised shares of Logitech International from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $97.00.

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.