Camtek Ltd. $CAMT Shares Acquired by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS AM has increased its stake in Camtek Ltd. by 110.5% during the first quarter, owning 1,015,307 shares valued at approximately $59.53 million.
• Camtek reported a 20.2% year-over-year revenue increase for the latest quarter, with earnings per share matching analysts' expectations at $0.79.
• Wall Street analysts have expressed a positive outlook on Camtek, with many rating it a Moderate Buy and setting a consensus target price of approximately $96.10.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 110.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,015,307 shares of the semiconductor company's stock after acquiring an additional 532,944 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 2.23% of Camtek worth $59,527,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in Camtek during the 1st quarter valued at approximately $31,000. Advisors Asset Management Inc. raised its stake in shares of Camtek by 61.6% during the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company's stock worth $45,000 after buying an additional 293 shares in the last quarter. State of Wyoming raised its stake in shares of Camtek by 146.2% during the 4th quarter. State of Wyoming now owns 2,021 shares of the semiconductor company's stock worth $163,000 after buying an additional 1,200 shares in the last quarter. Petrus Trust Company LTA raised its stake in shares of Camtek by 12.9% during the 1st quarter. Petrus Trust Company LTA now owns 3,706 shares of the semiconductor company's stock worth $217,000 after buying an additional 422 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Camtek by 9.0% during the 1st quarter. Blue Trust Inc. now owns 4,237 shares of the semiconductor company's stock worth $248,000 after buying an additional 351 shares in the last quarter. 41.93% of the stock is owned by hedge funds and other institutional investors.

Camtek Price Performance

NASDAQ:CAMT traded down $3.54 during trading hours on Friday, reaching $97.61. 338,058 shares of the company traded hands, compared to its average volume of 474,968. The firm's 50-day moving average is $87.67 and its 200-day moving average is $75.28. The stock has a market cap of $4.45 billion, a P/E ratio of 35.75, a P/E/G ratio of 2.63 and a beta of 1.35. The company has a debt-to-equity ratio of 0.32, a current ratio of 5.41 and a quick ratio of 4.38. Camtek Ltd. has a 1-year low of $47.41 and a 1-year high of $110.73.

Camtek (NASDAQ:CAMT - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 EPS for the quarter, meeting analysts' consensus estimates of $0.79. Camtek had a return on equity of 23.95% and a net margin of 28.36%.The firm 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 firm earned $0.66 EPS. Camtek's quarterly revenue was up 20.2% on a year-over-year basis. Camtek has set its Q3 2025 guidance at EPS. Equities research analysts expect that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Jefferies Financial Group set a $105.00 target price on Camtek and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Zacks Research raised Camtek to a "hold" rating in a research note on Monday, August 11th. Cantor Fitzgerald set a $80.00 target price on Camtek and gave the stock a "neutral" rating in a research note on Tuesday, June 24th. Stifel Nicolaus upped their price target on Camtek from $84.00 to $98.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Finally, Needham & Company LLC upped their price target on Camtek from $80.00 to $98.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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.