Cantor Fitzgerald Forecasts Cognex FY2026 Earnings

Cognex Co. (NASDAQ:CGNX - Free Report) - Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Cognex in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen anticipates that the scientific and technical instruments company will post earnings of $0.93 per share for the year. The consensus estimate for Cognex's current full-year earnings is $0.61 per share.

Other research analysts have also issued reports about the company. DA Davidson decreased their target price on Cognex from $35.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. Truist Financial reduced their target price on shares of Cognex from $37.00 to $29.00 and set a "hold" rating for the company in a research report on Tuesday, April 8th. Needham & Company LLC lowered their price target on shares of Cognex from $41.00 to $33.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. TD Cowen raised shares of Cognex from a "hold" rating to a "buy" rating and set a $35.00 price objective for the company in a report on Monday, April 28th. Finally, Robert W. Baird decreased their target price on shares of Cognex from $42.00 to $38.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $39.17.

Cognex Trading Up 0.9%

Shares of NASDAQ:CGNX traded up $0.29 during trading on Tuesday, hitting $31.43. 1,707,668 shares of the company were exchanged, compared to its average volume of 1,595,556. The firm has a fifty day moving average price of $27.78 and a two-hundred day moving average price of $33.07. Cognex has a fifty-two week low of $22.67 and a fifty-two week high of $53.13. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 51.53 and a beta of 1.47.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CGNX. Inspire Investing LLC grew its holdings in Cognex by 3.5% during the 1st quarter. Inspire Investing LLC now owns 11,591 shares of the scientific and technical instruments company's stock worth $346,000 after acquiring an additional 397 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Cognex by 402.2% in the first quarter. Geneos Wealth Management Inc. now owns 919 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 736 shares during the last quarter. Intech Investment Management LLC increased its holdings in Cognex by 24.1% in the first quarter. Intech Investment Management LLC now owns 47,444 shares of the scientific and technical instruments company's stock valued at $1,415,000 after purchasing an additional 9,223 shares during the period. Jane Street Group LLC raised its position in Cognex by 526.1% during the 1st quarter. Jane Street Group LLC now owns 474,133 shares of the scientific and technical instruments company's stock worth $14,143,000 after purchasing an additional 398,409 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new position in Cognex during the 1st quarter worth $227,000. Institutional investors and hedge funds own 88.12% of the company's stock.

Cognex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were given a dividend of $0.08 per share. The ex-dividend date was Thursday, May 15th. This represents a $0.32 dividend on an annualized basis and a yield of 1.02%. Cognex's dividend payout ratio is currently 47.06%.

Cognex Company Profile

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.