Camtek Ltd. $CAMT Shares Purchased by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board increased its stake in Camtek Ltd. by 85.0%, bringing its total holdings to 55,761 shares worth approximately $3.19 million.
• Camtek's recent quarterly earnings hit a consensus EPS estimate of $0.79 with revenues of $123.32 million, marking a 20.2% year-over-year increase.
• Brokerage analysts have set a consensus rating of "Moderate Buy" on Camtek stock, with an average target price of $96.10.

Canada Pension Plan Investment Board boosted its stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 85.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,761 shares of the semiconductor company's stock after acquiring an additional 25,623 shares during the period. Canada Pension Plan Investment Board owned 0.12% of Camtek worth $3,186,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd lifted its position in Camtek by 27.8% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,134,671 shares of the semiconductor company's stock worth $123,622,000 after acquiring an additional 464,671 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its position in Camtek by 27.6% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,448,441 shares of the semiconductor company's stock worth $84,922,000 after acquiring an additional 312,988 shares during the period. Vanguard Group Inc. lifted its position in Camtek by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 1,002,302 shares of the semiconductor company's stock worth $58,715,000 after acquiring an additional 18,316 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its position in Camtek by 1.7% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980,074 shares of the semiconductor company's stock worth $57,462,000 after acquiring an additional 16,200 shares during the period. Finally, Phoenix Financial Ltd. lifted its position in Camtek by 266.0% during the 1st quarter. Phoenix Financial Ltd. now owns 469,178 shares of the semiconductor company's stock worth $27,740,000 after acquiring an additional 341,000 shares during the period. 41.93% of the stock is owned by institutional investors and hedge funds.

Camtek Price Performance

CAMT traded up $2.09 during trading on Tuesday, reaching $83.16. 59,894 shares of the stock were exchanged, compared to its average volume of 454,833. The company has a debt-to-equity ratio of 0.32, a current ratio of 5.41 and a quick ratio of 4.38. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 30.51, a P/E/G ratio of 2.05 and a beta of 1.35. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $110.73. The business's 50 day moving average price is $87.75 and its two-hundred day moving average price is $74.42.

Camtek (NASDAQ:CAMT - Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share for the quarter, meeting the consensus estimate of $0.79. The company had revenue of $123.32 million for the quarter, compared to analyst estimates of $121.57 million. Camtek had a return on equity of 23.95% and a net margin of 28.36%.Camtek's revenue was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 earnings per share. Camtek has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Camtek Ltd. will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Oppenheimer assumed coverage on Camtek in a research report on Wednesday, July 2nd. They set an "outperform" rating and a $100.00 price objective for the company. Jefferies Financial Group set a $105.00 target price on Camtek and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Northland Securities set a $105.00 target price on Camtek in a research report on Wednesday, May 14th. Stifel Nicolaus boosted their target price on Camtek from $84.00 to $98.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Finally, B. Riley boosted their target price on Camtek from $85.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Camtek has an average rating of "Moderate Buy" and a consensus price target of $96.10.

About Camtek

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.