Aberdeen Group plc Has $11.11 Million Position in Camtek Ltd. $CAMT

Key Points

• Aberdeen Group plc increased its stake in Camtek Ltd. by 8.3%, now holding approximately $11.1 million worth of shares.
• Camtek reported quarterly earnings that met expectations with $0.79 EPS and a revenue of $123.32 million, reflecting a 20.2% year-over-year growth.
• Analysts have varying ratings on Camtek, with an average target price of $96.10, and eight analysts rating it as a "Buy."

Aberdeen Group plc raised its holdings in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 8.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 193,971 shares of the semiconductor company's stock after purchasing an additional 14,925 shares during the quarter. Aberdeen Group plc owned 0.43% of Camtek worth $11,108,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Royal Bank of Canada increased its stake in Camtek by 25.4% in the 4th quarter. Royal Bank of Canada now owns 206,927 shares of the semiconductor company's stock valued at $16,714,000 after purchasing an additional 41,865 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in shares of Camtek during the first quarter valued at approximately $1,101,000. Ameriprise Financial Inc. boosted its holdings in shares of Camtek by 16.9% during the fourth quarter. Ameriprise Financial Inc. now owns 25,129 shares of the semiconductor company's stock worth $2,030,000 after purchasing an additional 3,635 shares during the last quarter. Cetera Investment Advisers boosted its stake in Camtek by 3.3% in the 4th quarter. Cetera Investment Advisers now owns 5,288 shares of the semiconductor company's stock worth $427,000 after buying an additional 171 shares during the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in Camtek in the first quarter valued at approximately $1,055,000. Hedge funds and other institutional investors own 41.93% of the company's stock.

Camtek Trading Up 0.1%

Shares of NASDAQ CAMT traded up $0.07 during mid-day trading on Monday, hitting $82.58. 159,165 shares of the company traded hands, compared to its average volume of 397,478. The company has a quick ratio of 4.38, a current ratio of 5.41 and a debt-to-equity ratio of 0.32. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $110.73. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 30.25, a PEG ratio of 2.14 and a beta of 1.31. The business has a 50 day moving average of $87.18 and a two-hundred day moving average of $74.64.

Camtek (NASDAQ:CAMT - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share for the quarter, hitting the consensus estimate of $0.79. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The business had revenue of $123.32 million for the quarter, compared to the consensus estimate of $121.57 million. During the same period last year, the firm posted $0.66 earnings per share. The firm's quarterly revenue was up 20.2% compared to the same quarter last year. Camtek has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on CAMT shares. Evercore ISI upped their price target on Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Cantor Fitzgerald set a $80.00 price objective on shares of Camtek and gave the stock a "neutral" rating in a report on Tuesday, June 24th. Jefferies Financial Group set a $105.00 target price on Camtek and gave the company a "buy" rating in a research note on Tuesday, August 5th. Bank of America downgraded Camtek from a "buy" rating to a "neutral" rating and set a $95.00 price target for the company. in a research note on Wednesday, August 6th. Finally, Wall Street Zen raised shares of Camtek from a "sell" rating to a "hold" rating in a report on Wednesday, May 21st. Eight 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 data from MarketBeat.com, Camtek currently has an average rating of "Moderate Buy" and an average price target of $96.10.

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.