Walthausen & Co. LLC maintained its stake in Amtech Systems, Inc. (NASDAQ:ASYS) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 197,010 shares of the semiconductor company’s stock at the close of the second quarter. Walthausen & Co. LLC owned 1.48% of Amtech Systems worth $1,663,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in Amtech Systems by 5.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 413,982 shares of the semiconductor company’s stock worth $2,277,000 after purchasing an additional 21,630 shares in the last quarter. Ironwood Investment Management LLC lifted its stake in Amtech Systems by 6.4% during the 1st quarter. Ironwood Investment Management LLC now owns 39,978 shares of the semiconductor company’s stock valued at $220,000 after acquiring an additional 2,398 shares during the period. Janney Montgomery Scott LLC lifted its stake in Amtech Systems by 219.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 123,412 shares of the semiconductor company’s stock valued at $1,042,000 after acquiring an additional 84,812 shares during the period. EAM Investors LLC bought a new position in Amtech Systems during the 2nd quarter valued at about $435,000. Finally, Renaissance Technologies LLC lifted its stake in Amtech Systems by 6.6% during the 1st quarter. Renaissance Technologies LLC now owns 105,736 shares of the semiconductor company’s stock valued at $582,000 after acquiring an additional 6,500 shares during the period. 49.99% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have recently weighed in on ASYS. Zacks Investment Research upgraded shares of Amtech Systems from a “hold” rating to a “strong-buy” rating and set a $13.00 price objective on the stock in a research note on Wednesday, August 16th. Roth Capital began coverage on shares of Amtech Systems in a report on Friday, August 4th. They issued a “buy” rating and a $12.00 target price for the company. Cowen and Company reissued an “outperform” rating and issued a $13.50 target price (up from $10.50) on shares of Amtech Systems in a report on Thursday, August 10th. Finally, Benchmark Co. reissued a “buy” rating and issued a $12.00 target price on shares of Amtech Systems in a report on Thursday, August 10th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Amtech Systems presently has a consensus rating of “Buy” and an average price target of $12.88.

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Amtech Systems (NASDAQ:ASYS) last issued its quarterly earnings results on Wednesday, August 9th. The semiconductor company reported $0.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.30. Amtech Systems had a return on equity of 2.34% and a net margin of 1.00%. The firm had revenue of $47.76 million during the quarter, compared to analysts’ expectations of $40.40 million. During the same period in the previous year, the business earned ($0.09) earnings per share. The firm’s revenue for the quarter was up 43.3% on a year-over-year basis.

Amtech Systems Profile

Amtech Systems, Inc is engaged in the manufacture of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, Light Emitting Diode (LED) and semiconductor devices. The Company operates through three business segments: solar, semiconductor and polishing.

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Institutional Ownership by Quarter for Amtech Systems (NASDAQ:ASYS)

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