33,500 Shares in Cognex Corporation $CGNX Purchased by Caisse de depot et placement du Quebec

Key Points

• Caisse de dépôt et placement du Québec purchased 33,500 Cognex shares worth approximately $2.43 million, while institutional investors collectively own 88.12% of the company.
• Cognex reported quarterly earnings of $0.45 per share, exceeding estimates by $0.03, with revenue rising 16.9% year over year to $291.26 million. The company issued fiscal 2026 EPS guidance of $1.64–$1.68.
• Shares opened at $60.46 after declining 4%, while analysts maintained a “Moderate Buy” consensus with an average price target of $75.64. Cognex also declared a quarterly dividend of $0.085 per share, yielding 0.6% annually.

Caisse de depot et placement du Quebec purchased a new stake in shares of Cognex Corporation (NASDAQ:CGNX - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 33,500 shares of the scientific and technical instruments company's stock, valued at approximately $2,426,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CGNX. State of Michigan Retirement System boosted its position in shares of Cognex by 0.5% during the first 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. Personal CFO Solutions LLC raised its holdings in shares of Cognex by 3.2% in the first quarter. Personal CFO Solutions LLC now owns 6,793 shares of the scientific and technical instruments company's stock worth $333,000 after buying an additional 212 shares during the period. World Investment Advisors raised its holdings in shares of Cognex by 3.7% in the first quarter. World Investment Advisors now owns 6,073 shares of the scientific and technical instruments company's stock worth $298,000 after buying an additional 214 shares during the period. Quadrant Capital Group LLC lifted its stake in shares of Cognex by 1.0% during the 4th quarter. Quadrant Capital Group LLC now owns 22,907 shares of the scientific and technical instruments company's stock worth $824,000 after acquiring an additional 234 shares during the last quarter. Finally, Essential Partners LLC lifted its stake in shares of Cognex by 12.5% during the 1st quarter. Essential Partners LLC now owns 2,153 shares of the scientific and technical instruments company's stock worth $105,000 after acquiring an additional 239 shares during the last quarter. 88.12% of the stock is owned by hedge funds and other institutional investors.

Cognex Trading Down 4.0%

Shares of CGNX stock opened at $60.46 on Friday. The stock has a market capitalization of $10.17 billion, a price-to-earnings ratio of 58.70 and a beta of 1.49. Cognex Corporation has a twelve month low of $34.60 and a twelve month high of $72.88. The stock has a fifty day simple moving average of $64.43 and a two-hundred day simple moving average of $59.46.

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

Cognex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.085 dividend. The ex-dividend date is Thursday, August 20th. This represents a $0.34 annualized dividend and a dividend yield of 0.6%. Cognex's payout ratio is currently 33.01%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $75.00 price objective on shares of Cognex in a research report on Thursday, May 7th. Robert W. Baird set a $72.00 target price on Cognex in a research report on Friday, May 8th. Wall Street Zen lowered shares of Cognex from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. HSBC cut shares of Cognex from a "buy" rating to a "hold" rating and set a $65.00 price target on the stock. in a report on Monday, August 10th. Finally, Barclays reaffirmed an "overweight" rating and issued a $80.00 price target (up from $75.00) on shares of Cognex in a research note on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Cognex presently has a consensus rating of "Moderate Buy" and an average target price of $75.64.

Cognex Company 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.

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