Needham Investment Management LLC Buys 10,000 Shares of Cognex Corporation $CGNX

Posted by George Bondi on Jun 16th, 2026

Needham Investment Management LLC increased its stake in shares of Cognex Corporation (NASDAQ:CGNX – Free Report) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 173,000 shares of the scientific and technical instruments company’s stock after acquiring an additional 10,000 shares during the quarter. Needham Investment Management LLC’s holdings in Cognex were worth $6,225,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Cognex by 2.1% during the third quarter. Vanguard Group Inc. now owns 18,598,728 shares of the scientific and technical instruments company’s stock worth $842,522,000 after acquiring an additional 374,999 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Cognex by 173,138.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,477,448 shares of the scientific and technical instruments company’s stock valued at $376,979,000 after purchasing an additional 10,471,400 shares in the last quarter. Nordea Investment Management AB raised its stake in Cognex by 0.9% during the fourth quarter. Nordea Investment Management AB now owns 8,101,583 shares of the scientific and technical instruments company’s stock valued at $292,224,000 after purchasing an additional 76,212 shares in the last quarter. Pictet Asset Management Holding SA raised its stake in Cognex by 27.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 7,013,184 shares of the scientific and technical instruments company’s stock valued at $252,360,000 after purchasing an additional 1,529,010 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN raised its stake in Cognex by 0.9% during the second quarter. Disciplined Growth Investors Inc. MN now owns 4,768,716 shares of the scientific and technical instruments company’s stock valued at $151,264,000 after purchasing an additional 40,927 shares in the last quarter. Institutional investors own 88.12% of the company’s stock.

Cognex Trading Up 3.6%

Shares of CGNX opened at $65.90 on Tuesday. Cognex Corporation has a twelve month low of $29.22 and a twelve month high of $71.90. The company has a market cap of $10.97 billion, a P/E ratio of 78.45 and a beta of 1.52. The company’s fifty day simple moving average is $60.03 and its 200-day simple moving average is $49.64.

Cognex (NASDAQ:CGNX – Get Free Report) last announced its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.09. Cognex had a net margin of 13.62% and a return on equity of 10.89%. The business had revenue of $268.44 million for the quarter, compared to the consensus estimate of $245.98 million. During the same quarter in the prior year, the firm posted $0.14 earnings per share. The business’s revenue for the quarter was up 24.3% on a year-over-year basis. Cognex has set its Q2 2026 guidance at 0.400-0.440 EPS. Analysts predict that Cognex Corporation will post 1.41 earnings per share for the current fiscal year.

Cognex Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a $0.085 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.34 annualized dividend and a dividend yield of 0.5%. Cognex’s dividend payout ratio is currently 40.48%.

Wall Street Analyst Weigh In

CGNX has been the topic of a number of recent research reports. Zacks Research downgraded shares of Cognex from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Citigroup reaffirmed a “neutral” rating and set a $68.00 price target (up from $60.00) on shares of Cognex in a research note on Friday, May 8th. Barclays reaffirmed an “overweight” rating and set a $75.00 price target (up from $64.00) on shares of Cognex in a research note on Monday, May 11th. Stephens upped their price target on shares of Cognex from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Wall Street Zen raised shares of Cognex from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $70.43.

View Our Latest Research Report on CGNX

Insider Activity

In other news, VP Darren Marc Long sold 20,252 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $66.34, for a total value of $1,343,517.68. Following the sale, the vice president owned 3,990 shares of the company’s stock, valued at approximately $264,696.60. This represents a 83.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Laura Ann Macdonald sold 41,600 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $65.56, for a total transaction of $2,727,296.00. Following the completion of the sale, the vice president directly owned 5,258 shares in the company, valued at approximately $344,714.48. This represents a 88.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 224,847 shares of company stock valued at $14,975,098. 1.70% of the stock is currently owned by company insiders.

About Cognex

(Free Report)

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.