Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Camtek Ltd. (NASDAQ:CAMT – Free Report) by 40.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 93,108 shares of the semiconductor company’s stock after buying an additional 26,946 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Camtek were worth $7,873,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ARK Investment Management LLC boosted its position in Camtek by 38.2% during the 2nd quarter. ARK Investment Management LLC now owns 27,386 shares of the semiconductor company’s stock worth $2,316,000 after acquiring an additional 7,566 shares during the period. Taylor Frigon Capital Management LLC increased its holdings in shares of Camtek by 18.2% during the second quarter. Taylor Frigon Capital Management LLC now owns 32,518 shares of the semiconductor company’s stock valued at $2,750,000 after purchasing an additional 5,005 shares during the period. Stephens Inc. AR bought a new stake in shares of Camtek during the second quarter valued at about $561,000. Vanguard Group Inc. lifted its holdings in Camtek by 1.9% in the first quarter. Vanguard Group Inc. now owns 1,002,302 shares of the semiconductor company’s stock worth $58,715,000 after purchasing an additional 18,316 shares during the period. Finally, EFG Asset Management North America Corp. lifted its holdings in Camtek by 12.9% in the second quarter. EFG Asset Management North America Corp. now owns 65,404 shares of the semiconductor company’s stock worth $5,522,000 after purchasing an additional 7,456 shares during the period. 41.93% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Stifel Nicolaus raised their target price on shares of Camtek from $98.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Northland Securities set a $140.00 price objective on shares of Camtek in a report on Tuesday, October 7th. Zacks Research raised Camtek to a “hold” rating in a report on Monday, August 11th. Bank of America upgraded Camtek from a “neutral” rating to a “buy” rating and upped their target price for the stock from $95.00 to $135.00 in a research report on Monday, October 13th. Finally, Jefferies Financial Group set a $105.00 price target on Camtek and gave the company a “buy” rating in a research report on Tuesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $116.80.
Camtek Price Performance
NASDAQ CAMT opened at $95.88 on Tuesday. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $129.41. The business’s fifty day moving average is $109.42 and its two-hundred day moving average is $90.51. The stock has a market capitalization of $4.37 billion, a P/E ratio of 35.12, a P/E/G ratio of 3.24 and a beta of 1.46. The company has a debt-to-equity ratio of 0.32, a quick ratio of 4.38 and a current ratio of 5.41.
Camtek (NASDAQ:CAMT – Get Free Report) last issued its earnings results on Monday, November 10th. The semiconductor company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.02. The business had revenue of $125.99 million for the quarter, compared to analysts’ expectations of $125.04 million. Camtek had a return on equity of 23.95% and a net margin of 28.36%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 EPS. Camtek has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.
Camtek Company Profile
Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.
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