ProShare Advisors LLC Sells 16,053 Shares of Cognex Corporation $CGNX

ProShare Advisors LLC trimmed its position in shares of Cognex Corporation (NASDAQ:CGNX) by 11.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,373 shares of the scientific and technical instruments company’s stock after selling 16,053 shares during the period. ProShare Advisors LLC owned 0.07% of Cognex worth $7,483,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Cognex during the 2nd quarter worth approximately $1,158,123,000. Jupiter Topco LLC bought a new stake in Cognex in the second quarter worth $161,425,000. Janus Henderson Group PLC increased its position in Cognex by 81.0% in the first quarter. Janus Henderson Group PLC now owns 2,660,411 shares of the scientific and technical instruments company’s stock worth $130,320,000 after purchasing an additional 1,190,434 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Cognex during the second quarter valued at $129,348,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Cognex by 115.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,033,091 shares of the scientific and technical instruments company’s stock valued at $99,601,000 after purchasing an additional 1,090,092 shares in the last quarter. Hedge funds and other institutional investors own 88.12% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CGNX. Needham & Company LLC reiterated a “buy” rating and issued a $80.00 price target on shares of Cognex in a research report on Tuesday, September 15th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $91.00 price objective on shares of Cognex in a research note on Friday, August 7th. Truist Financial set a $74.00 target price on Cognex and gave the stock a “hold” rating in a report on Monday, October 5th. Citigroup reissued a “neutral” rating and set a $74.00 target price (up from $72.00) on shares of Cognex in a research report on Friday, August 7th. Finally, Barclays increased their price target on Cognex from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $75.57.

Key Headlines Impacting Cognex

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

Cognex Stock Performance

Cognex stock opened at $53.06 on Thursday. The company has a market capitalization of $8.93 billion, a PE ratio of 51.52 and a beta of 1.49. The company has a 50 day moving average price of $59.65 and a 200-day moving average price of $57.96. Cognex Corporation has a fifty-two week low of $34.60 and a fifty-two week high of $72.88.

Cognex (NASDAQ:CGNX) last announced its quarterly earnings results on Wednesday, November 4th. The scientific and technical instruments company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.52 by $0.01. Cognex had a return on equity of 13.50% and a net margin of 16.05%. The firm had revenue of $313.39 million for the quarter, compared to analyst estimates of $313.62 million. During the same quarter last year, the firm posted $0.33 earnings per share. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. On average, analysts forecast that Cognex Corporation will post 1.68 earnings per share for the current year.

Cognex Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 19th will be issued a $0.09 dividend. The ex-dividend date is Thursday, November 19th. This represents a $0.36 annualized dividend and a dividend yield of 0.7%. This is an increase from Cognex’s previous quarterly dividend of $0.0850. Cognex’s dividend payout ratio (DPR) is presently 33.01%.

About Cognex

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.