Nomura Holdings Inc. Buys 50,751 Shares of Cognex Corporation $CGNX

Key Points

• Nomura Holdings Inc. significantly increased its stake in Cognex Corporation by 223.0%, acquiring an additional 50,751 shares, bringing its total holdings to 73,509 shares valued at approximately $2,193,000.
• Cognex reported a quarterly earnings per share of $0.25, exceeding analysts' expectations of $0.23, and its revenue grew 4.2% year-over-year to $249.09 million.
• The stock has received various analyst ratings, with a consensus rating of "Moderate Buy" and a price target of $42.31, while KeyCorp and Melius have set price objectives as high as $60.00.

Nomura Holdings Inc. boosted its holdings in Cognex Corporation (NASDAQ:CGNX - Free Report) by 223.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,509 shares of the scientific and technical instruments company's stock after acquiring an additional 50,751 shares during the quarter. Nomura Holdings Inc.'s holdings in Cognex were worth $2,193,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CGNX. Hsbc Holdings PLC acquired a new stake in Cognex in the 4th quarter valued at approximately $477,000. Northern Trust Corp increased its position in shares of Cognex by 21.4% during the 4th quarter. Northern Trust Corp now owns 1,741,196 shares of the scientific and technical instruments company's stock valued at $62,439,000 after purchasing an additional 307,385 shares during the period. Jane Street Group LLC increased its position in shares of Cognex by 8.1% during the 4th quarter. Jane Street Group LLC now owns 75,724 shares of the scientific and technical instruments company's stock valued at $2,715,000 after purchasing an additional 5,696 shares during the period. Algert Global LLC acquired a new position in shares of Cognex during the 4th quarter valued at $2,933,000. Finally, Ameriprise Financial Inc. increased its position in shares of Cognex by 62.2% during the 4th quarter. Ameriprise Financial Inc. now owns 1,475,379 shares of the scientific and technical instruments company's stock valued at $52,907,000 after purchasing an additional 566,047 shares during the period. 88.12% of the stock is currently owned by institutional investors and hedge funds.

Cognex Price Performance

CGNX traded down $0.01 during trading on Monday, reaching $44.93. 328,730 shares of the stock traded hands, compared to its average volume of 2,085,731. Cognex Corporation has a fifty-two week low of $22.67 and a fifty-two week high of $45.23. The stock's 50-day simple moving average is $38.59 and its two-hundred day simple moving average is $32.64. The stock has a market cap of $7.54 billion, a price-to-earnings ratio of 63.27 and a beta of 1.50.

Cognex (NASDAQ:CGNX - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The scientific and technical instruments company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.02. Cognex had a return on equity of 6.65% and a net margin of 13.13%.The company had revenue of $249.09 million during the quarter, compared to analysts' expectations of $246.70 million. During the same quarter in the previous year, the firm earned $0.23 earnings per share. The business's quarterly revenue was up 4.2% compared to the same quarter last year. Cognex has set its Q3 2025 guidance at 0.240-0.290 EPS. Research analysts anticipate that Cognex Corporation will post 0.61 earnings per share for the current fiscal year.

Cognex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.7%. Cognex's dividend payout ratio is 45.07%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CGNX. UBS Group lifted their price target on Cognex from $53.00 to $58.00 and gave the company a "buy" rating in a research report on Friday, August 1st. Melius upgraded Cognex from a "hold" rating to a "buy" rating and set a $60.00 price target on the stock in a research report on Thursday, July 10th. DA Davidson lifted their price target on Cognex from $32.00 to $35.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. KeyCorp upgraded Cognex from a "sector weight" rating to an "overweight" rating and set a $50.00 price target on the stock in a research report on Friday, August 1st. Finally, Needham & Company LLC raised their price objective on Cognex from $36.00 to $45.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $42.31.

About Cognex

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.