Parametric Portfolio Associates LLC lifted its stake in shares of Rudolph Technologies, Inc. (NYSE:RTEC) by 84.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 90,002 shares of the scientific and technical instruments company’s stock after buying an additional 41,293 shares during the period. Parametric Portfolio Associates LLC owned about 0.29% of Rudolph Technologies worth $2,057,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in RTEC. Principal Financial Group Inc. increased its holdings in shares of Rudolph Technologies by 4.4% during the first quarter. Principal Financial Group Inc. now owns 237,766 shares of the scientific and technical instruments company’s stock worth $5,326,000 after buying an additional 9,954 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Rudolph Technologies by 0.5% during the first quarter. Wellington Management Group LLP now owns 27,097 shares of the scientific and technical instruments company’s stock worth $607,000 after buying an additional 148 shares in the last quarter. California Public Employees Retirement System increased its holdings in shares of Rudolph Technologies by 14.4% during the first quarter. California Public Employees Retirement System now owns 78,800 shares of the scientific and technical instruments company’s stock worth $1,765,000 after buying an additional 9,900 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Rudolph Technologies by 1.4% during the first quarter. Legal & General Group Plc now owns 51,562 shares of the scientific and technical instruments company’s stock worth $1,154,000 after buying an additional 713 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Rudolph Technologies by 8.1% during the first quarter. Vanguard Group Inc. now owns 1,582,835 shares of the scientific and technical instruments company’s stock worth $35,456,000 after buying an additional 118,574 shares in the last quarter. Institutional investors own 92.22% of the company’s stock.

In other Rudolph Technologies news, VP Silveira Elvino M. Da sold 10,000 shares of the stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $26.29, for a total transaction of $262,900.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.00% of the company’s stock.

Shares of Rudolph Technologies, Inc. (NYSE RTEC) opened at $26.45 on Thursday. The firm has a market capitalization of $835.47, a price-to-earnings ratio of 26.45, a P/E/G ratio of 1.87 and a beta of 1.08. Rudolph Technologies, Inc. has a 1-year low of $16.80 and a 1-year high of $28.10.

Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings data on Monday, October 30th. The scientific and technical instruments company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.02. The business had revenue of $66.90 million during the quarter, compared to the consensus estimate of $66.25 million. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. Rudolph Technologies’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 earnings per share. equities research analysts forecast that Rudolph Technologies, Inc. will post 1.05 EPS for the current fiscal year.

A number of analysts recently weighed in on RTEC shares. Zacks Investment Research downgraded Rudolph Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. BidaskClub upgraded Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Credit Suisse Group increased their price objective on Rudolph Technologies from $23.00 to $24.00 and gave the company an “underperform” rating in a report on Tuesday, October 31st. B. Riley restated a “buy” rating and issued a $30.00 price objective on shares of Rudolph Technologies in a report on Tuesday, October 31st. Finally, DA Davidson restated a “buy” rating and issued a $30.00 price objective on shares of Rudolph Technologies in a report on Monday, September 18th. Two investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $28.00.

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About Rudolph Technologies

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.

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

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