HighTower Advisors LLC Has $267,000 Stock Position in Camtek Ltd. $CAMT

Key Points

• HighTower Advisors LLC reduced its holdings in Camtek Ltd. by 54.2%, ending the first quarter with 4,547 shares valued at approximately $267,000.
• Analysts have set various price targets for Camtek, with Jefferies Financial Group and Northland Securities each recommending a target price of $105.00 and a "buy" rating.
• Camtek's stock recently opened at $78.46 and has seen significant fluctuations over the past year, with a low of $47.41 and a high of $110.73.

HighTower Advisors LLC cut its holdings in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 54.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,547 shares of the semiconductor company's stock after selling 5,379 shares during the period. HighTower Advisors LLC's holdings in Camtek were worth $267,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of Camtek by 25.4% during the fourth quarter. Royal Bank of Canada now owns 206,927 shares of the semiconductor company's stock worth $16,714,000 after acquiring an additional 41,865 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of Camtek during the first quarter worth about $1,101,000. Ameriprise Financial Inc. increased its position 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 acquiring an additional 3,635 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Camtek by 1.9% during the first 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 in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Camtek by 3.3% during the fourth quarter. Cetera Investment Advisers now owns 5,288 shares of the semiconductor company's stock worth $427,000 after acquiring an additional 171 shares in the last quarter. 41.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Jefferies Financial Group set a $105.00 target price on shares of Camtek and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Northland Securities set a $105.00 price objective on shares of Camtek in a research report on Wednesday, May 14th. Oppenheimer started coverage on shares of Camtek in a research report on Wednesday, July 2nd. They issued an "outperform" rating and a $100.00 price objective for the company. B. Riley upped their price objective on shares of Camtek from $85.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. Finally, Bank of America downgraded shares of Camtek from a "buy" rating to a "neutral" rating and set a $95.00 price objective for the company. in a research report on Wednesday, August 6th. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $96.10.

Camtek Stock Down 5.1%

Camtek stock opened at $78.46 on Wednesday. Camtek Ltd. has a twelve month low of $47.41 and a twelve month high of $110.73. The firm has a 50 day moving average price of $88.16 and a 200-day moving average price of $74.57. The company has a market capitalization of $3.58 billion, a P/E ratio of 28.74, a P/E/G ratio of 2.15 and a beta of 1.35. 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 (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, meeting analysts' consensus estimates of $0.79. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The firm had revenue of $123.32 million during the quarter, compared to the consensus estimate of $121.57 million. During the same period in the prior year, the firm earned $0.66 EPS. The company's revenue was up 20.2% compared to the same quarter last year. Camtek has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Camtek Ltd. will post 2.93 EPS for the current 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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