Invesco Ltd. Cuts Holdings in Camtek Ltd. $CAMT

Key Points

• Invesco Ltd. reduced its stake in Camtek Ltd. by 12.6%, selling 35,022 shares, and now owns 243,599 shares valued at approximately $14.3 million.
• Several hedge funds, including Cynosure Group LLC and Vanguard Group Inc., have increased their stakes in Camtek, indicating strong institutional interest in the semiconductor company.
• Notably, multiple research analysts have upgraded their target prices for Camtek, with a consensus rating of "Moderate Buy" and an average target price of $96.10.

Invesco Ltd. reduced its holdings in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 12.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 243,599 shares of the semiconductor company's stock after selling 35,022 shares during the quarter. Invesco Ltd. owned 0.53% of Camtek worth $14,282,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CAMT. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Camtek by 27.6% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,448,441 shares of the semiconductor company's stock valued at $84,922,000 after buying an additional 312,988 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Camtek by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 1,002,302 shares of the semiconductor company's stock valued at $58,715,000 after purchasing an additional 18,316 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of Camtek by 1.7% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980,074 shares of the semiconductor company's stock valued at $57,462,000 after purchasing an additional 16,200 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Camtek by 46.1% during the 4th quarter. The Manufacturers Life Insurance Company now owns 483,245 shares of the semiconductor company's stock valued at $39,032,000 after acquiring an additional 152,529 shares in the last quarter. Finally, Phoenix Financial Ltd. lifted its holdings 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 buying an additional 341,000 shares during the period. 41.93% of the stock is owned by institutional investors and hedge funds.

Camtek Stock Performance

Shares of CAMT stock traded up $1.60 during mid-day trading on Thursday, reaching $88.50. 69,363 shares of the company's stock traded hands, compared to its average volume of 457,273. Camtek Ltd. has a 12 month low of $47.41 and a 12 month high of $110.73. The firm has a 50 day moving average price of $87.63 and a two-hundred day moving average price of $74.80. The company has a debt-to-equity ratio of 0.32, a quick ratio of 4.38 and a current ratio of 5.41. The firm has a market capitalization of $4.03 billion, a PE ratio of 32.42, a price-to-earnings-growth ratio of 2.20 and a beta of 1.31.

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

Analyst Ratings Changes

CAMT has been the topic of a number of recent analyst reports. Zacks Research raised Camtek to a "hold" rating in a research note on Monday, August 11th. Jefferies Financial Group set a $105.00 price objective 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 objective on the stock. in a research report on Wednesday, August 6th. Evercore ISI increased their target price on Camtek from $82.00 to $100.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Finally, Needham & Company LLC increased their target price on shares of Camtek from $80.00 to $98.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $96.10.

Camtek 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.