Landscape Capital Management L.L.C. Acquires Shares of 59,367 Cognex Corporation $CGNX

Landscape Capital Management L.L.C. acquired a new stake in Cognex Corporation (NASDAQ:CGNX) in the fourth quarter, Holdings Channel reports. The fund acquired 59,367 shares of the scientific and technical instruments company’s stock, valued at approximately $2,136,000.

A number of other institutional investors have also recently bought and sold shares of the business. Dymon Asia Capital Singapore PTE. LTD. boosted its holdings in Cognex by 75.1% in the 4th quarter. Dymon Asia Capital Singapore PTE. LTD. now owns 50,527 shares of the scientific and technical instruments company’s stock valued at $1,818,000 after purchasing an additional 21,671 shares during the period. Entropy Technologies LP boosted its holdings in Cognex by 104.7% in the 4th quarter. Entropy Technologies LP now owns 26,404 shares of the scientific and technical instruments company’s stock valued at $950,000 after purchasing an additional 13,502 shares during the period. Blue Jean Financial LLC bought a new stake in Cognex in the 4th quarter valued at about $1,934,000. Aigen Investment Management LP bought a new stake in Cognex in the 4th quarter valued at about $285,000. Finally, Kestra Advisory Services LLC bought a new stake in Cognex in the 4th quarter valued at about $99,000. Institutional investors own 88.12% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on CGNX. Wall Street Zen raised shares of Cognex from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Truist Financial set a $61.00 price target on shares of Cognex and gave the stock a “hold” rating in a research report on Friday, May 8th. Barclays reissued an “overweight” rating and issued a $75.00 price objective (up from $64.00) on shares of Cognex in a research note on Monday, May 11th. Seaport Research Partners set a $75.00 target price on Cognex in a research note on Tuesday, May 26th. Finally, Stephens upped their target price on Cognex from $65.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $70.43.

Insider Buying and Selling

In related news, VP Darren Marc Long sold 20,252 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $66.34, for a total transaction of $1,343,517.68. Following the completion of the transaction, the vice president directly owned 3,990 shares in the company, valued at $264,696.60. This represents a 83.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Laura Ann Macdonald sold 98,122 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $66.80, for a total transaction of $6,554,549.60. Following the transaction, the vice president owned 5,258 shares of the company’s stock, valued at approximately $351,234.40. This represents a 94.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 224,847 shares of company stock worth $14,975,098 in the last three months. 1.70% of the stock is owned by corporate insiders.

Cognex Price Performance

NASDAQ CGNX opened at $65.90 on Tuesday. The business has a fifty day moving average price of $60.03 and a two-hundred day moving average price of $49.64. Cognex Corporation has a fifty-two week low of $29.22 and a fifty-two week high of $71.90. The stock has a market capitalization of $10.97 billion, a PE ratio of 78.45 and a beta of 1.52.

Cognex (NASDAQ:CGNX) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.09. The firm had revenue of $268.44 million during the quarter, compared to analysts’ expectations of $245.98 million. Cognex had a return on equity of 10.89% and a net margin of 13.62%.The company’s quarterly revenue was up 24.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 earnings per share. Cognex has set its Q2 2026 guidance at 0.400-0.440 EPS. As a group, sell-side analysts expect that Cognex Corporation will post 1.41 earnings per share for the current year.

Cognex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a dividend of $0.085 per share. This represents a $0.34 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, May 21st. Cognex’s dividend payout ratio is currently 40.48%.

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.