Nuveen LLC Invests $3.37 Million in Camtek Ltd. $CAMT

Key Points

• Nuveen LLC acquired 58,874 shares of Camtek Ltd., investing approximately $3.37 million, indicating growing institutional interest in the semiconductor company.
• Multiple analysts have issued positive ratings for Camtek, with price targets ranging from $80.00 to $105.00, reflecting strong market expectations for the company's performance.
• Camtek reported a year-over-year revenue increase of 20.2% in its latest earnings, with EPS matching analysts' forecasts at $0.79.

Nuveen LLC bought a new position in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 58,874 shares of the semiconductor company's stock, valued at approximately $3,366,000. Nuveen LLC owned 0.13% of Camtek at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of 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 buying an additional 312,988 shares during the period. Vanguard Group Inc. grew its position in shares of 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 buying an additional 18,316 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of 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 buying an additional 16,200 shares during the period. The Manufacturers Life Insurance Company grew its position 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 worth $39,032,000 after buying an additional 152,529 shares during the period. Finally, Phoenix Financial Ltd. grew its position in shares of 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 currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CAMT has been the subject of several research analyst reports. Cantor Fitzgerald set a $80.00 price objective on Camtek and gave the company a "neutral" rating in a research report on Tuesday, June 24th. Wall Street Zen upgraded Camtek from a "sell" rating to a "hold" rating in a research report on Wednesday, May 21st. Bank of America lowered 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. Oppenheimer initiated coverage on Camtek in a research report on Wednesday, July 2nd. They issued an "outperform" rating and a $100.00 price objective for the company. Finally, Jefferies Financial Group set a $105.00 price objective on Camtek and gave the company a "buy" rating in a research report on Tuesday, August 5th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $96.10.

Camtek Stock Down 5.1%

NASDAQ CAMT traded down $4.25 during trading on Tuesday, hitting $78.46. The stock had a trading volume of 598,902 shares, compared to its average volume of 335,584. The company has a market capitalization of $3.58 billion, a PE ratio of 28.74, a P/E/G ratio of 2.15 and a beta of 1.35. The company's 50-day moving average price is $88.16 and its two-hundred day moving average price is $74.57. 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 Ltd. has a 12 month low of $47.41 and a 12 month high of $110.73.

Camtek (NASDAQ:CAMT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.79. Camtek had a return on equity of 23.95% and a net margin of 28.36%.The company had revenue of $123.32 million for the quarter, compared to analysts' expectations of $121.57 million. During the same quarter in the prior year, the business posted $0.66 EPS. The business'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, sell-side analysts forecast that Camtek Ltd. will post 2.93 EPS for the current year.

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.