Cognex (CGNX) – Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Cognex (NASDAQ: CGNX):

• 2/21/2025 – Cognex was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating. They now have a $33.00 price target on the stock.
• 2/18/2025 – Cognex had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $39.00 to $35.00. They now have a “sell” rating on the stock.
• 2/18/2025 – Cognex had its price target lowered by analysts at Robert W. Baird from $42.00 to $38.00. They now have a “neutral” rating on the stock.
• 2/18/2025 – Cognex had its price target lowered by analysts at UBS Group AG from $58.00 to $56.00. They now have a “buy” rating on the stock.
• 2/14/2025 – Cognex had its “hold” rating reaffirmed by analysts at Truist Financial Co.. They now have a $37.00 price target on the stock, down previously from $43.00.
• 2/14/2025 – Cognex had its price target lowered by analysts at Needham & Company LLC from $47.00 to $41.00. They now have a “buy” rating on the stock.
• 1/16/2025 – Cognex had its price target raised by analysts at Truist Financial Co. from $42.00 to $43.00. They now have a “hold” rating on the stock.
• 1/13/2025 – Cognex had its price target lowered by analysts at Citigroup Inc. from $44.00 to $42.00. They now have a “neutral” rating on the stock.
• 1/2/2025 – Cognex had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $55.00 price target on the stock.

Cognex Trading Up 0.2 %

Cognex stock opened at $32.84 on Tuesday. The firm has a market cap of $5.58 billion, a PE ratio of 53.84 and a beta of 1.40. The stock’s 50 day simple moving average is $37.25 and its two-hundred day simple moving average is $38.72. Cognex Co. has a 12 month low of $32.14 and a 12 month high of $53.13.

Cognex (NASDAQ:CGNX) last announced its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). Cognex had a return on equity of 5.65% and a net margin of 11.61%. On average, equities research analysts forecast that Cognex Co. will post 0.61 EPS for the current year.

Cognex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 27th will be paid a $0.08 dividend. The ex-dividend date is Thursday, February 27th. This represents a $0.32 annualized dividend and a dividend yield of 0.97%. Cognex’s dividend payout ratio is presently 52.46%.

Insider Buying and Selling

In other news, CTO Joerg Kuechen sold 2,934 shares of Cognex stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $37.75, for a total value of $110,758.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. raised its holdings in shares of Cognex by 3.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,836 shares of the scientific and technical instruments company’s stock valued at $281,000 after acquiring an additional 262 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of Cognex by 5.1% in the fourth quarter. CIBC Asset Management Inc now owns 5,616 shares of the scientific and technical instruments company’s stock worth $201,000 after acquiring an additional 270 shares during the last quarter. SRS Capital Advisors Inc. increased its position in shares of Cognex by 50.0% during the fourth quarter. SRS Capital Advisors Inc. now owns 885 shares of the scientific and technical instruments company’s stock worth $32,000 after purchasing an additional 295 shares in the last quarter. Global Retirement Partners LLC raised its stake in Cognex by 30.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,346 shares of the scientific and technical instruments company’s stock valued at $48,000 after purchasing an additional 317 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in Cognex by 0.6% in the 4th quarter. Arizona State Retirement System now owns 49,749 shares of the scientific and technical instruments company’s stock valued at $1,784,000 after purchasing an additional 320 shares in the last quarter. 88.12% of the stock is owned by hedge funds and other institutional investors.

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.