Paradigm Capital Management Inc. NY held its stake in Rudolph Technologies, Inc. (NYSE:RTEC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 319,900 shares of the scientific and technical instruments company’s stock at the close of the second quarter. Paradigm Capital Management Inc. NY owned 1.02% of Rudolph Technologies worth $7,310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of RTEC. State of Alaska Department of Revenue increased its holdings in shares of 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 valued at $141,000 after purchasing an additional 2,760 shares during the period. Mason Street Advisors LLC increased its holdings in shares of 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 valued at $164,000 after purchasing an additional 527 shares during the period. Acadian Asset Management LLC increased its holdings in shares of 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 valued at $177,000 after purchasing an additional 6,524 shares during the period. Victory Capital Management Inc. increased its holdings in shares of 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 valued at $179,000 after purchasing an additional 2,499 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Rudolph Technologies during the first quarter valued at $207,000. 91.89% of the stock is currently owned by institutional investors.

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Rudolph Technologies, Inc. (NYSE:RTEC) remained flat at $22.55 on Tuesday. The stock had a trading volume of 7,194 shares. Rudolph Technologies, Inc. has a 52-week low of $16.80 and a 52-week high of $27.30. The firm has a 50 day moving average price of $22.61 and a 200 day moving average price of $23.21. The stock has a market capitalization of $711.23 million, a P/E ratio of 22.75 and a beta of 1.12.

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

A number of research analysts have recently commented on the company. B. Riley assumed coverage on Rudolph Technologies in a report on Monday. They set a “buy” rating and a $30.00 price target on the stock. Zacks Investment Research lowered Rudolph Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. BidaskClub raised Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, Stifel Nicolaus raised Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a report on Friday, June 16th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Rudolph Technologies presently has a consensus rating of “Hold” and an average target price of $27.20.

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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