Old Mutual Global Investors UK Ltd. grew its position in Rudolph Technologies, Inc. (NYSE:RTEC) by 95.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 66,356 shares of the scientific and technical instruments company’s stock after purchasing an additional 32,465 shares during the period. Old Mutual Global Investors UK Ltd. owned about 0.21% of Rudolph Technologies worth $1,516,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its holdings in Rudolph Technologies by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,630,319 shares of the scientific and technical instruments company’s stock worth $58,919,000 after purchasing an additional 18,900 shares during the period. Vanguard Group Inc. increased its position 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 acquiring an additional 118,574 shares in the last quarter. State Street Corp increased its position in shares of Rudolph Technologies by 19.9% during the first quarter. State Street Corp now owns 883,658 shares of the scientific and technical instruments company’s stock worth $19,793,000 after acquiring an additional 146,647 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Rudolph Technologies by 109.1% during the first quarter. Renaissance Technologies LLC now owns 611,736 shares of the scientific and technical instruments company’s stock worth $13,703,000 after acquiring an additional 319,136 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Rudolph Technologies by 112.5% during the first quarter. AQR Capital Management LLC now owns 567,047 shares of the scientific and technical instruments company’s stock worth $12,702,000 after acquiring an additional 300,169 shares in the last quarter. Institutional investors own 91.89% of the company’s stock.

Several equities research analysts have recently issued reports on RTEC shares. BidaskClub downgraded shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Zacks Investment Research downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. B. Riley reissued a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Tuesday, August 8th. Finally, Stifel Nicolaus raised 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. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Rudolph Technologies presently has a consensus rating of “Hold” and an average price target of $27.20.

Shares of Rudolph Technologies, Inc. (NYSE RTEC) opened at 22.10 on Friday. The stock’s 50 day moving average is $22.69 and its 200 day moving average is $23.18. The company has a market cap of $697.03 million, a P/E ratio of 22.30 and a beta of 1.12. Rudolph Technologies, Inc. has a 12 month low of $16.80 and a 12 month high of $27.30.

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

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Rudolph Technologies 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.

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

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