The Manufacturers Life Insurance Company Buys 7,538 Shares of Camtek Ltd. $CAMT

Key Points

• The Manufacturers Life Insurance Company has increased its stake in Camtek Ltd. by 1.6%, now owning approximately 1.08% of the company, valued at about $28.8 million.
• Camtek recently reported quarterly earnings that met expectations, with revenue increasing 20.2% year-over-year, and set Q3 2025 guidance for its earnings per share.
• Analysts exhibit confidence in Camtek's future, with eight analysts rating it as a Buy and set an average price target of $96.10.

The Manufacturers Life Insurance Company grew its stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 1.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 490,783 shares of the semiconductor company's stock after purchasing an additional 7,538 shares during the period. The Manufacturers Life Insurance Company owned about 1.08% of Camtek worth $28,775,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of CAMT. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Camtek by 27.8% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,134,671 shares of the semiconductor company's stock valued at $123,622,000 after purchasing an additional 464,671 shares during the last quarter. Driehaus Capital Management LLC purchased a new stake in Camtek in the 4th quarter worth about $30,956,000. Phoenix Financial Ltd. lifted its stake in Camtek by 266.0% in 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 in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in Camtek by 27.6% in 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 in the last quarter. Finally, Noked Israel Ltd lifted its stake in Camtek by 132.8% in the 4th quarter. Noked Israel Ltd now owns 348,054 shares of the semiconductor company's stock worth $28,112,000 after acquiring an additional 198,554 shares in the last quarter. 41.93% of the stock is owned by hedge funds and other institutional investors.

Camtek Stock Performance

NASDAQ:CAMT traded up $0.55 during mid-day trading on Friday, hitting $78.75. 247,852 shares of the company's stock traded hands, compared to its average volume of 294,715. The firm has a 50 day moving average of $87.82 and a two-hundred day moving average of $74.49. Camtek Ltd. has a 12 month low of $47.41 and a 12 month high of $110.73. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 28.85, a price-to-earnings-growth ratio of 2.03 and a beta of 1.35. The company has a current ratio of 5.41, a quick ratio of 4.38 and a debt-to-equity ratio of 0.32.

Camtek (NASDAQ:CAMT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.79 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 during the quarter, compared to the consensus estimate of $121.57 million. During the same quarter last year, the company earned $0.66 EPS. The company's quarterly revenue was up 20.2% on a year-over-year basis. Camtek has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CAMT has been the subject of several research analyst reports. Needham & Company LLC increased their price objective on Camtek from $80.00 to $98.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. B. Riley upped 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. Northland Securities set a $105.00 target price on Camtek in a research report on Wednesday, May 14th. 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. Finally, Evercore ISI increased their price objective on Camtek from $82.00 to $100.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Camtek presently has an average rating of "Moderate Buy" and an average 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.