Mairs & Power Fund invested in Cognex Corporation, a leader in computer vision systems

From Yahoo Finance: 2025-06-30 08:41:00

Mairs & Power Small Cap Fund underperformed in Q1 2025, declining 11.04%. The fund lagged behind various indices due to negative relative performance in Healthcare, Financials, Information Technology, and Real Estate sectors. Check the fund’s top five holdings for insights on its best picks for 2025.

In its Q1 2025 investor letter, Mairs & Power Small Cap Fund highlighted Cognex Corporation (NASDAQ:CGNX). The company provides machine vision products for manufacturing and distribution tasks. CGNX had a one-month return of 6.00%, with shares losing 32.20% over the past 52 weeks. On June 27, 2025, CGNX closed at $31.46 per share.

Mairs & Power Small Cap Fund initiated a position in Cognex Corporation (NASDAQ:CGNX) in Q1 2025. CGNX, a leading provider of computer vision systems for industrial automation, serves clients in various sectors. The company’s embedded AI capabilities improve accuracy and productivity for customers’ material handling processes.

Despite its potential, Cognex Corporation (NASDAQ:CGNX) is not among the 30 most popular stocks among hedge funds. The company reported $216 million in revenue, showing 2% year-on-year growth. While CGNX is promising, hedge funds believe AI stocks offer greater returns in a shorter timeframe. Check out our report on an undervalued AI stock set for massive gains.

Read more: Mairs & Power Small Cap Fund Established a Position in Cognex Corporation (CGNX)