Cognex Corporation (CGNX)

Oppenheimer Asset Management Inc. recently acquired 400,910 shares of Cognex Corporation (NASDAQ:CGNX) worth approximately $29 million, with institutional investors now owning 88.12% of the company. Cognex reported strong quarterly earnings, beating estimates with $0.45 EPS and a 16.9% year-over-year revenue increase, while analysts maintain a "Moderate Buy" rating with a $75.64 price target. The company also declared a quarterly dividend of $0.085 per share, even as a company VP sold over 20,000 shares.

Bank of America Corp DE significantly increased its stake in Cognex Corporation (CGNX) by 51.9% in the first quarter, now owning 731,149 shares valued at $35.8 million. Other institutional investors also adjusted their holdings, with a total of 88.12% of Cognex stock held by institutional investors. Cognex reported strong quarterly earnings, beating EPS estimates and showing a 16.9% revenue increase year-over-year, while analysts maintain a "Moderate Buy" rating with an average price target of $75.64.

Handelsbanken Fonder AB significantly reduced its stake in Cognex Corporation (NASDAQ:CGNX) by 61.4% in the second quarter, selling 293,458 shares and retaining 184,125 shares valued at $13.3 million. Despite this, institutional investors still hold 88.12% of CGNX, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $75.64. Cognex recently reported strong quarterly earnings, beating EPS estimates and showing a 16.9% year-over-year revenue increase.

Assenagon Asset Management S.A. significantly reduced its stake in Cognex Corporation (CGNX) by 55.9% in the second quarter, selling 45,255 shares but still retaining 35,653 shares valued at approximately $2.58 million. Despite this decrease, institutional investors collectively own 88.12% of the company. Analysts maintain a "Moderate Buy" consensus for Cognex, with an average price target of $75.64, indicating potential upside from its recent trading price of $61.59.

Cognex's Q2 earnings call revealed record revenue, up 17% year-over-year, and significant margin expansion, with adjusted EBITDA margin reaching 32.2%. The company raised its full-year 2026 revenue guidance to $1.13–1.15 billion and saw EPS surge 80%. While strong demand was noted in semiconductor and logistics, Europe and automotive segments faced some weakness, and rising memory prices were flagged as a potential headwind.