Dynamic Technology Lab Private Ltd Takes $1.19 Million Position in Cognex Corporation $CGNX

Dynamic Technology Lab Private Ltd acquired a new stake in Cognex Corporation (NASDAQ:CGNX) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 33,048 shares of the scientific and technical instruments company’s stock, valued at approximately $1,189,000.

A number of other hedge funds also recently made changes to their positions in CGNX. Geneos Wealth Management Inc. raised its stake in shares of Cognex by 402.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 919 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 736 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Cognex by 74.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 764 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 327 shares in the last quarter. Miller Global Investments LLC acquired a new position in shares of Cognex in the 4th quarter valued at $39,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Cognex in the 4th quarter valued at $39,000. Finally, Larson Financial Group LLC raised its stake in shares of Cognex by 202.7% in the 4th quarter. Larson Financial Group LLC now owns 1,105 shares of the scientific and technical instruments company’s stock valued at $40,000 after buying an additional 740 shares in the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

Insider Buying and Selling

In related news, insider Mark Fennell sold 64,873 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $67.05, for a total transaction of $4,349,734.65. Following the completion of the sale, the insider owned 11,263 shares in the company, valued at $755,184.15. This trade represents a 85.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Laura Ann Macdonald sold 41,600 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $65.56, for a total transaction of $2,727,296.00. Following the sale, the vice president owned 5,258 shares of the company’s stock, valued at $344,714.48. This trade represents a 88.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 224,847 shares of company stock worth $14,975,098 in the last quarter. 1.70% of the stock is owned by corporate insiders.

Cognex Stock Up 2.4%

Shares of Cognex stock opened at $63.61 on Friday. The stock has a market capitalization of $10.59 billion, a P/E ratio of 75.73 and a beta of 1.52. The company has a 50-day simple moving average of $59.69 and a 200 day simple moving average of $49.35. Cognex Corporation has a 12-month low of $29.22 and a 12-month high of $71.90.

Cognex (NASDAQ:CGNX) last announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. The business had revenue of $268.44 million during the quarter, compared to analysts’ expectations of $245.98 million. Cognex had a net margin of 13.62% and a return on equity of 10.89%. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter last year, the company posted $0.14 EPS. Cognex has set its Q2 2026 guidance at 0.400-0.440 EPS. On average, equities analysts anticipate that Cognex Corporation will post 1.41 earnings per share for the current year.

Cognex Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a dividend of $0.085 per share. The ex-dividend date was Thursday, May 21st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.5%. Cognex’s dividend payout ratio (DPR) is 40.48%.

Analyst Ratings Changes

CGNX has been the subject of a number of recent research reports. Stephens increased their price objective on shares of Cognex from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. KeyCorp reaffirmed an “overweight” rating and issued a $70.00 price target (up from $50.00) on shares of Cognex in a research note on Friday, February 13th. Needham & Company LLC boosted their price target on Cognex from $67.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, May 8th. TD Cowen reaffirmed a “buy” rating on shares of Cognex in a research note on Tuesday, February 17th. Finally, Seaport Research Partners set a $75.00 price target on Cognex in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $70.43.

Cognex Profile

Cognex Corporation is a leading provider of machine vision systems, software, sensors and industrial barcode readers used to automate manufacturing, logistics and distribution processes. The company designs and develops vision-based products that help manufacturers and logistics operators inspect, identify and guide parts, assemblies and packaged goods in real time. Its solutions are applied in a broad range of industries, including automotive, electronics, semiconductor, pharmaceutical, food and beverage, and general manufacturing.

The company’s product portfolio includes stand-alone vision systems, vision sensors and deep learning-based software platforms that enable automated inspection, quality control and traceability.