Caliber Wealth Management LLC KS Has $622,000 Holdings in Cognex Corporation $CGNX

Caliber Wealth Management LLC KS lifted its position in shares of Cognex Corporation (NASDAQ:CGNXFree Report) by 48.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 19,614 shares of the scientific and technical instruments company’s stock after purchasing an additional 6,400 shares during the quarter. Caliber Wealth Management LLC KS’s holdings in Cognex were worth $622,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Nordea Investment Management AB grew its holdings in Cognex by 148.5% in the second quarter. Nordea Investment Management AB now owns 7,075,772 shares of the scientific and technical instruments company’s stock worth $223,594,000 after purchasing an additional 4,228,729 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in Cognex by 32.0% in the first quarter. T. Rowe Price Investment Management Inc. now owns 6,082,319 shares of the scientific and technical instruments company’s stock worth $181,436,000 after purchasing an additional 1,474,832 shares during the period. Mackenzie Financial Corp grew its holdings in Cognex by 126.2% in the first quarter. Mackenzie Financial Corp now owns 4,609,802 shares of the scientific and technical instruments company’s stock worth $137,510,000 after purchasing an additional 2,571,457 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Cognex by 34.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,539,557 shares of the scientific and technical instruments company’s stock worth $75,756,000 after purchasing an additional 647,955 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Cognex by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 2,131,538 shares of the scientific and technical instruments company’s stock worth $63,584,000 after purchasing an additional 38,857 shares during the period. 88.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Robert Willett sold 6,704 shares of Cognex stock in a transaction that occurred on Tuesday, October 21st. The shares were 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 Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sheila Marie Dipalma sold 2,002 shares of Cognex stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $45.00, for a total transaction of $90,090.00. Following the completion of the transaction, the executive vice president owned 8,582 shares of the company’s stock, valued at $386,190. This represents a 18.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,706 shares of company stock valued at $512,065 over the last quarter. 1.60% of the stock is owned by company insiders.

Cognex Stock Performance

Shares of CGNX stock opened at $46.29 on Thursday. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 65.20 and a beta of 1.50. Cognex Corporation has a 52 week low of $22.67 and a 52 week high of $49.76. The firm’s 50-day simple moving average is $44.92 and its two-hundred day simple moving average is $35.83.

Cognex (NASDAQ:CGNXGet Free Report) last released its quarterly earnings data on Wednesday, July 30th. The scientific and technical instruments company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Cognex had a net margin of 13.13% and a return on equity of 6.65%. The company had revenue of $249.09 million during the quarter, compared to the consensus estimate of $246.70 million. During the same period last year, the firm earned $0.23 EPS. Cognex’s revenue for the quarter was up 4.2% on a year-over-year basis. Cognex has set its Q3 2025 guidance at 0.240-0.290 EPS. Analysts forecast that Cognex Corporation will post 0.61 earnings per share for the current year.

Cognex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, August 14th. Cognex’s payout ratio is currently 45.07%.

Analyst Upgrades and Downgrades

A number of research firms have commented on CGNX. Needham & Company LLC raised their price target on shares of Cognex from $36.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Barclays set a $55.00 price target on shares of Cognex and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Truist Financial set a $45.00 price target on shares of Cognex and gave the stock a “hold” rating in a report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Cognex in a report on Wednesday, October 8th. Finally, Citigroup restated a “neutral” rating and issued a $37.00 target price (up previously from $30.00) on shares of Cognex in a report on Monday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $44.93.

Read Our Latest Stock Analysis on Cognex

Cognex Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cognex (NASDAQ:CGNX)

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