Rudolph Technologies, Inc. (RTEC) Shares Bought by Stevens Capital Management LP

Stevens Capital Management LP boosted its position in Rudolph Technologies, Inc. (NYSE:RTEC) by 35.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,349 shares of the scientific and technical instruments company’s stock after acquiring an additional 4,497 shares during the quarter. Stevens Capital Management LP owned 0.06% of Rudolph Technologies worth $456,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of RTEC. Vanguard Group Inc. boosted its holdings in shares of Rudolph Technologies by 6.2% during the second quarter. Vanguard Group Inc. now owns 1,680,423 shares of the scientific and technical instruments company’s stock worth $38,397,000 after purchasing an additional 97,588 shares during the period. State Street Corp increased its stake 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 valued at $19,793,000 after purchasing an additional 146,647 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Rudolph Technologies by 15.5% during the second quarter. Renaissance Technologies LLC now owns 706,633 shares of the scientific and technical instruments company’s stock valued at $16,147,000 after purchasing an additional 94,897 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Rudolph Technologies by 21.1% during the first quarter. Geode Capital Management LLC now owns 528,139 shares of the scientific and technical instruments company’s stock valued at $11,830,000 after purchasing an additional 92,159 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Rudolph Technologies by 79.4% during the second quarter. Ameriprise Financial Inc. now owns 429,172 shares of the scientific and technical instruments company’s stock valued at $9,807,000 after acquiring an additional 189,967 shares in the last quarter. Institutional investors and hedge funds own 92.31% of the company’s stock.

Several equities research analysts recently weighed in on RTEC shares. B. Riley reissued a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research report on Tuesday, August 8th. BidaskClub raised shares of Rudolph Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, September 21st. DA Davidson reissued a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research report on Monday, September 18th. Finally, Zacks Investment Research downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Two 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. Rudolph Technologies has an average rating of “Hold” and an average price target of $28.00.

In other Rudolph Technologies news, VP Silveira Elvino M. Da sold 10,000 shares of Rudolph Technologies stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $26.29, for a total value of $262,900.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.00% of the company’s stock.

Shares of Rudolph Technologies, Inc. (NYSE RTEC) opened at $25.90 on Friday. The stock has a market cap of $814.94, a price-to-earnings ratio of 25.80, a price-to-earnings-growth ratio of 1.82 and a beta of 1.08. Rudolph Technologies, Inc. has a fifty-two week low of $18.85 and a fifty-two week high of $28.10.

Rudolph Technologies (NYSE:RTEC) last announced 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 company had revenue of $66.90 million for the quarter, compared to the consensus estimate of $66.25 million. Rudolph Technologies had a net margin of 25.95% and a return on equity of 21.59%. Rudolph Technologies’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.29 EPS. equities analysts expect that Rudolph Technologies, Inc. will post 1.05 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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