Bessemer Group Inc. raised its position in Orbotech Ltd. (NASDAQ:ORBK) by 27.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,901 shares of the electronics maker’s stock after acquiring an additional 16,518 shares during the period. Bessemer Group Inc. owned approximately 0.16% of Orbotech worth $3,204,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ORBK. Menora Mivtachim Holdings LTD. acquired a new stake in Orbotech in the second quarter valued at approximately $23,095,000. Ameriprise Financial Inc. boosted its stake in Orbotech by 58.1% in the second quarter. Ameriprise Financial Inc. now owns 1,692,486 shares of the electronics maker’s stock valued at $55,209,000 after acquiring an additional 622,014 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in Orbotech by 40.6% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,001,779 shares of the electronics maker’s stock valued at $65,298,000 after acquiring an additional 577,756 shares in the last quarter. Royce & Associates LP boosted its stake in Orbotech by 39.3% in the second quarter. Royce & Associates LP now owns 915,243 shares of the electronics maker’s stock valued at $29,855,000 after acquiring an additional 258,153 shares in the last quarter. Finally, Monarch Partners Asset Management LLC acquired a new stake in Orbotech in the second quarter valued at approximately $7,992,000. Institutional investors own 69.42% of the company’s stock.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Orbotech from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Wednesday, September 6th. BidaskClub downgraded shares of Orbotech from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Stifel Nicolaus began coverage on shares of Orbotech in a research note on Thursday, August 31st. They set a “buy” rating and a $46.00 price objective for the company. Finally, Barclays PLC lifted their price objective on shares of Orbotech to $60.00 and gave the stock an “overweight” rating in a research note on Thursday, November 2nd. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $51.00.

Shares of Orbotech Ltd. (NASDAQ ORBK) opened at $52.43 on Monday. Orbotech Ltd. has a one year low of $28.01 and a one year high of $53.95. The company has a current ratio of 3.37, a quick ratio of 2.71 and a debt-to-equity ratio of 0.07. The company has a market cap of $2,500.57, a price-to-earnings ratio of 20.31, a PEG ratio of 0.99 and a beta of 0.76.

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Orbotech Company Profile

Orbotech Ltd. is a supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products. The Company provides cutting-edge solutions for use in the manufacture of printed circuit boards (PCBs), flat panel displays (FPDs) and semiconductor devices (SDs). The Company’s segments include Production Solutions for the Electronics Industry, Solar Energy and Recognition Software.

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Institutional Ownership by Quarter for Orbotech (NASDAQ:ORBK)

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