EAM Investors LLC maintained its stake in shares of Rudolph Technologies, Inc. (NYSE:RTEC) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 23,916 shares of the scientific and technical instruments company’s stock at the end of the 2nd quarter. EAM Investors LLC owned about 0.08% of Rudolph Technologies worth $546,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. State of Alaska Department of Revenue lifted its position in Rudolph Technologies by 80.0% during the second quarter. State of Alaska Department of Revenue now owns 6,210 shares of the scientific and technical instruments company’s stock worth $141,000 after acquiring an additional 2,760 shares during the last quarter. Mason Street Advisors LLC lifted its position in Rudolph Technologies by 7.8% during the first quarter. Mason Street Advisors LLC now owns 7,305 shares of the scientific and technical instruments company’s stock worth $164,000 after acquiring an additional 527 shares during the last quarter. Acadian Asset Management LLC lifted its position in Rudolph Technologies by 533.0% during the second quarter. Acadian Asset Management LLC now owns 7,748 shares of the scientific and technical instruments company’s stock worth $177,000 after acquiring an additional 6,524 shares during the last quarter. Victory Capital Management Inc. lifted its position in Rudolph Technologies by 45.6% during the first quarter. Victory Capital Management Inc. now owns 7,979 shares of the scientific and technical instruments company’s stock worth $179,000 after acquiring an additional 2,499 shares during the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in Rudolph Technologies by 29.9% during the second quarter. BNP Paribas Arbitrage SA now owns 9,433 shares of the scientific and technical instruments company’s stock worth $216,000 after acquiring an additional 2,170 shares during the last quarter. Hedge funds and other institutional investors own 91.89% of the company’s stock.

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Shares of Rudolph Technologies, Inc. (NYSE RTEC) opened at 26.30 on Friday. Rudolph Technologies, Inc. has a 52-week low of $16.80 and a 52-week high of $27.30. The firm has a market capitalization of $829.50 million, a P/E ratio of 26.54 and a beta of 1.12. The stock has a 50 day moving average of $22.35 and a 200-day moving average of $23.27.

Rudolph Technologies (NYSE:RTEC) last announced its quarterly earnings results on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.02. The company had revenue of $67.40 million for the quarter, compared to analysts’ expectations of $65.60 million. Rudolph Technologies had a net margin of 13.02% and a return on equity of 10.36%. Rudolph Technologies’s revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.31 EPS. Equities analysts expect that Rudolph Technologies, Inc. will post $1.17 earnings per share for the current fiscal year.

Several brokerages have issued reports on RTEC. BidaskClub upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. B. Riley restated a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Thursday, September 21st. DA Davidson restated a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Monday, September 18th. Stifel Nicolaus upgraded shares of Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Friday, June 16th. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $27.67.

Rudolph Technologies Company Profile

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

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Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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