100,148 Cognex Corporation $CGNX Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its holdings in shares of Cognex Corporation (NASDAQ:CGNX) by 25.0% during the third quarter, Holdings Channel.com reports. The firm owned 500,783 shares of the scientific and technical instruments company’s stock after acquiring an additional 100,148 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Cognex were worth $30,372,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Cognex in the second quarter valued at $26,000. Mather Group LLC. raised its position in Cognex by 81.3% during the 3rd quarter. Mather Group LLC. now owns 446 shares of the scientific and technical instruments company’s stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Rakuten Securities Inc. acquired a new position in Cognex during the 2nd quarter worth about $32,000. Transamerica Financial Advisors LLC acquired a new position in Cognex during the 2nd quarter worth about $32,000. Finally, Elevation Wealth Partners LLC lifted its holdings in Cognex by 635.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 478 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 413 shares during the period. Institutional investors own 88.12% of the company’s stock.

Wall Street Analysts Forecast Growth

CGNX has been the topic of a number of analyst reports. Zacks Research lowered Cognex from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Wall Street Zen downgraded Cognex from a “buy” rating to a “hold” rating in a research report on Sunday, September 13th. Cantor Fitzgerald lifted their price objective on Cognex from $76.00 to $84.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Barclays lifted their price objective on Cognex from $80.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, October 12th. Finally, Truist Financial set a $74.00 target price on Cognex and gave the company a “hold” rating in a report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $75.57.

Cognex Stock Down 5.9%

CGNX opened at $54.60 on Friday. Cognex Corporation has a twelve month low of $34.60 and a twelve month high of $72.88. The company has a fifty day moving average of $60.58 and a 200-day moving average of $61.86. The stock has a market cap of $9.18 billion, a PE ratio of 53.01 and a beta of 1.48.

Cognex (NASDAQ:CGNX) last released its earnings results on Wednesday, August 5th. The scientific and technical instruments company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. The business had revenue of $291.26 million for the quarter, compared to analyst estimates of $292.10 million. Cognex had a net margin of 16.05% and a return on equity of 13.50%. Cognex’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.25 earnings per share. Cognex has set its FY 2026 guidance at 1.640-1.680 EPS and its Q3 2026 guidance at 0.500-0.540 EPS. Sell-side analysts anticipate that Cognex Corporation will post 1.68 EPS for the current fiscal year.

Cognex Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were given a $0.0850 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.34 annualized dividend and a dividend yield of 0.6%. Cognex’s dividend payout ratio (DPR) is 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.