Caxton Associates LLP Has $2.64 Million Stock Position in Cognex Corporation $CGNX

Caxton Associates LLP grew its holdings in Cognex Corporation (NASDAQ:CGNX) by 66.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 83,242 shares of the scientific and technical instruments company’s stock after acquiring an additional 33,090 shares during the quarter. Caxton Associates LLP’s holdings in Cognex were worth $2,640,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Nordea Investment Management AB raised its position in Cognex by 148.5% during the second quarter. Nordea Investment Management AB now owns 7,075,772 shares of the scientific and technical instruments company’s stock valued at $223,594,000 after purchasing an additional 4,228,729 shares in the last quarter. World Investment Advisors acquired a new stake in shares of Cognex in the 2nd quarter valued at $204,000. PNC Financial Services Group Inc. boosted its holdings in shares of Cognex by 121.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 12,990 shares of the scientific and technical instruments company’s stock valued at $412,000 after purchasing an additional 7,126 shares in the last quarter. Scientech Research LLC increased its stake in shares of Cognex by 93.8% in the 1st quarter. Scientech Research LLC now owns 29,828 shares of the scientific and technical instruments company’s stock valued at $890,000 after purchasing an additional 14,434 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its stake in shares of Cognex by 7.9% in the 2nd quarter. Teacher Retirement System of Texas now owns 52,502 shares of the scientific and technical instruments company’s stock valued at $1,665,000 after purchasing an additional 3,862 shares during the last quarter. 88.12% of the stock is owned by institutional investors.

Insider Transactions at Cognex

In other Cognex news, Director Robert Willett sold 6,704 shares of the company’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $49.51, for a total value of $331,915.04. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.60% of the stock is currently owned by corporate insiders.

Cognex Trading Down 3.3%

NASDAQ:CGNX opened at $35.65 on Monday. The stock’s 50-day moving average is $41.11 and its 200-day moving average is $39.16. Cognex Corporation has a 1-year low of $22.67 and a 1-year high of $49.76. The stock has a market cap of $5.97 billion, a P/E ratio of 55.70 and a beta of 1.53.

Cognex (NASDAQ:CGNX) last posted its earnings results on Wednesday, October 29th. The scientific and technical instruments company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.27 by $0.06. Cognex had a net margin of 11.33% and a return on equity of 8.26%. The business had revenue of $264.00 million for the quarter, compared to the consensus estimate of $261.86 million. During the same period last year, the company earned $0.20 EPS. The firm’s revenue was up 18.0% compared to the same quarter last year. Cognex has set its Q4 2025 guidance at 0.190-0.24 EPS. As a group, equities analysts forecast that Cognex Corporation will post 0.61 EPS for the current year.

Cognex Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Thursday, November 13th were issued a $0.085 dividend. The ex-dividend date was Thursday, November 13th. This is a positive change from Cognex’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a yield of 1.0%. Cognex’s dividend payout ratio (DPR) is currently 53.13%.

Analysts Set New Price Targets

CGNX has been the subject of several recent analyst reports. Needham & Company LLC upped their price objective on Cognex from $45.00 to $47.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Barclays reissued an “overweight” rating and set a $56.00 target price (up previously from $55.00) on shares of Cognex in a research note on Friday, October 31st. JPMorgan Chase & Co. restated an “underweight” rating and issued a $35.00 price target (down from $45.00) on shares of Cognex in a research note on Wednesday, December 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cognex in a report on Monday, December 8th. Finally, UBS Group reiterated a “buy” rating and set a $58.00 price objective on shares of Cognex in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Cognex presently has an average rating of “Hold” and a consensus price target of $45.53.

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.