VIRGINIA RETIREMENT SYSTEMS ET Al boosted its stake in shares of Cognex Corporation (NASDAQ:CGNX – Free Report) by 89.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,000 shares of the scientific and technical instruments company’s stock after purchasing an additional 9,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Cognex were worth $1,274,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. IFP Advisors Inc grew its position in Cognex by 21.6% in the 2nd quarter. IFP Advisors Inc now owns 956 shares of the scientific and technical instruments company’s stock worth $69,000 after purchasing an additional 170 shares during the period. State of Michigan Retirement System lifted its holdings in shares of Cognex by 0.5% during the 1st quarter. State of Michigan Retirement System now owns 39,853 shares of the scientific and technical instruments company’s stock valued at $1,952,000 after buying an additional 200 shares during the period. Mather Group LLC. lifted its holdings in shares of Cognex by 81.3% during the 3rd quarter. Mather Group LLC. now owns 446 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 200 shares during the period. SYM FINANCIAL Corp boosted its stake in shares of Cognex by 6.3% in the 3rd quarter. SYM FINANCIAL Corp now owns 3,372 shares of the scientific and technical instruments company’s stock worth $204,000 after buying an additional 201 shares during the last quarter. Finally, Eastern Bank boosted its stake in shares of Cognex by 20.0% in the 3rd quarter. Eastern Bank now owns 1,242 shares of the scientific and technical instruments company’s stock worth $75,000 after buying an additional 207 shares during the last quarter. Hedge funds and other institutional investors own 88.12% of the company’s stock.
Cognex Price Performance
Shares of Cognex stock opened at $53.06 on Thursday. The company’s fifty day simple moving average is $59.65 and its 200-day simple moving average is $57.96. The stock has a market capitalization of $8.93 billion, a PE ratio of 51.52 and a beta of 1.49. Cognex Corporation has a 1-year low of $34.60 and a 1-year high of $72.88.
Cognex (NASDAQ:CGNX – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The scientific and technical instruments company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The firm had revenue of $313.39 million during the quarter, compared to the consensus estimate of $313.62 million. Cognex had a net margin of 16.05% and a return on equity of 13.50%. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. As a group, research analysts anticipate that Cognex Corporation will post 1.68 EPS for the current year.
Cognex Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.7%. This is a boost from Cognex’s previous quarterly dividend of $0.0850. The ex-dividend date is Thursday, November 19th. Cognex’s dividend payout ratio (DPR) is presently 33.01%.
Key Cognex News
Here are the key news stories impacting Cognex this week:
- Positive Sentiment: Q3 adjusted EPS was $0.53, above estimates of about $0.51–$0.52 and up from $0.33 a year earlier. Revenue increased 13% year over year to $313.39 million, and the company raised its 2026 guidance after a record quarter. Cognex Reports Third Quarter 2026 Results Cognex Fiscal Q3 Adjusted Earnings, Revenue Increase; 2026 Guidance Raised
- Positive Sentiment: Cognex raised its quarterly dividend 5.9%, from $0.085 to $0.09 per share, equivalent to $0.36 annually and a 0.7% yield. Cognex dividend announcement
- Neutral Sentiment: One valuation article argued CGNX could be 33% undervalued; this is an opinion rather than a company announcement or guaranteed catalyst. Cognex Could Be 33% Undervalued Following Record Q3 and Raised Outlook
- Negative Sentiment: Revenue came in just below consensus ($313.39 million versus $313.62 million). Although EPS beat estimates, the small revenue miss and reports of a post-results stock decline suggest investors may have expected a stronger surprise. Cognex Q3 2026 Results and Stock Reaction
Analysts Set New Price Targets
CGNX has been the subject of a number of research reports. HSBC cut Cognex from a “buy” rating to a “hold” rating and set a $65.00 price objective for the company. in a research report on Monday, August 10th. Zacks Research cut Cognex from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Cantor Fitzgerald boosted their price target on Cognex from $76.00 to $84.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. DA Davidson reaffirmed a “neutral” rating and set a $65.00 price target on shares of Cognex in a research report on Wednesday, September 23rd. Finally, Truist Financial set a $74.00 price target on shares of Cognex and gave the company a “hold” rating in a research report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Cognex presently has an average rating of “Moderate Buy” and an average price target of $75.57.
Cognex Profile
Cognex Corporation develops machine vision and industrial identification technologies that help manufacturers and businesses automate inspection, measurement, guidance, and tracking processes. Its systems use cameras, sensors, software, and artificial intelligence to analyze images and identify products, defects, components, and other objects.
The company’s product portfolio includes vision systems, industrial cameras, vision sensors, barcode readers, optical character recognition tools, three-dimensional vision systems, and machine vision software.
See Also
- Five stocks we like better than Cognex
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Want to see what other hedge funds are holding CGNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cognex Corporation (NASDAQ:CGNX – Free Report).
Receive News & Ratings for Cognex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cognex and related companies with MarketBeat.com's FREE daily email newsletter.
