Royce & Associates LP lowered its position in shares of Rudolph Technologies, Inc. (NYSE:RTEC) by 8.8% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 978,350 shares of the scientific and technical instruments company’s stock after selling 94,758 shares during the quarter. Royce & Associates LP owned about 3.10% of Rudolph Technologies worth $25,731,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of RTEC. Marshall Wace North America L.P. lifted its holdings in shares of Rudolph Technologies by 405.7% in the 2nd quarter. Marshall Wace North America L.P. now owns 376,190 shares of the scientific and technical instruments company’s stock valued at $8,652,000 after buying an additional 301,807 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Rudolph Technologies by 436.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 333,406 shares of the scientific and technical instruments company’s stock valued at $7,619,000 after buying an additional 271,217 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Rudolph Technologies by 79.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 429,172 shares of the scientific and technical instruments company’s stock valued at $9,807,000 after buying an additional 189,967 shares during the period. Thomson Horstmann & Bryant Inc. acquired a new position in shares of Rudolph Technologies in the 3rd quarter valued at about $4,228,000. Finally, State Street Corp lifted its holdings in shares of Rudolph Technologies by 19.9% in the 1st quarter. State Street Corp now owns 883,658 shares of the scientific and technical instruments company’s stock valued at $19,793,000 after buying an additional 146,647 shares during the period. 92.58% of the stock is owned by institutional investors.

In related news, VP Silveira Elvino M. Da sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $26.29, for a total value of $262,900.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Robert Alan Koch sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $26.31, for a total value of $92,085.00. The disclosure for this sale can be found here. Insiders sold 19,500 shares of company stock valued at $511,765 over the last 90 days. Company insiders own 2.00% of the company’s stock.

A number of research firms recently weighed in on RTEC. B. Riley reaffirmed a “buy” rating and issued a $30.00 price target on shares of Rudolph Technologies in a report on Saturday, September 16th. BidaskClub cut Rudolph Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 10th. DA Davidson reaffirmed a “buy” rating and issued a $30.00 price target on shares of Rudolph Technologies in a report on Monday, September 18th. Zacks Investment Research raised Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, Credit Suisse Group upped their price target on Rudolph Technologies from $23.00 to $24.00 and gave the stock an “underperform” rating in a report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $28.00.

Rudolph Technologies, Inc. (NYSE RTEC) traded down $0.40 during trading hours on Friday, reaching $23.60. The company’s stock had a trading volume of 199,720 shares, compared to its average volume of 253,054. Rudolph Technologies, Inc. has a 52 week low of $20.47 and a 52 week high of $28.10. The stock has a market cap of $745.45, a price-to-earnings ratio of 23.60, a P/E/G ratio of 1.68 and a beta of 1.03.

Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. The business had revenue of $66.90 million during the quarter, compared to analyst estimates of $66.25 million. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.29 earnings per share. equities research analysts anticipate that Rudolph Technologies, Inc. will post 1.04 EPS for the current 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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