JPMorgan Chase & Co. boosted its holdings in shares of Rudolph Technologies Inc (NYSE:RTEC) by 10.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 219,982 shares of the scientific and technical instruments company’s stock after acquiring an additional 21,307 shares during the period. JPMorgan Chase & Co. owned about 0.70% of Rudolph Technologies worth $5,687,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Victory Capital Management Inc. grew its holdings in shares of Rudolph Technologies by 17.6% during the second quarter. Victory Capital Management Inc. now owns 9,387 shares of the scientific and technical instruments company’s stock worth $214,000 after buying an additional 1,408 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of Rudolph Technologies by 29.9% during the second quarter. BNP Paribas Arbitrage SA now owns 9,433 shares of the scientific and technical instruments company’s stock worth $216,000 after buying an additional 2,170 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Rudolph Technologies by 37.4% during the third quarter. SG Americas Securities LLC now owns 10,459 shares of the scientific and technical instruments company’s stock worth $275,000 after buying an additional 2,848 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Rudolph Technologies during the third quarter worth about $292,000. Finally, Stevens Capital Management LP purchased a new stake in shares of Rudolph Technologies during the second quarter worth about $294,000. Institutional investors own 92.52% of the company’s stock.

Shares of Rudolph Technologies Inc (RTEC) opened at $23.90 on Friday. Rudolph Technologies Inc has a twelve month low of $21.00 and a twelve month high of $28.10. The stock has a market cap of $754.93, a P/E ratio of 23.90, a P/E/G ratio of 1.70 and a beta of 1.03.

Rudolph Technologies (NYSE:RTEC) last released its 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. Rudolph Technologies had a net margin of 15.99% and a return on equity of 10.49%. The firm had revenue of $66.90 million during the quarter, compared to the consensus estimate of $66.25 million. During the same period in the previous year, the firm earned $0.29 earnings per share. Rudolph Technologies’s revenue was up 8.6% compared to the same quarter last year. analysts forecast that Rudolph Technologies Inc will post 1.04 EPS for the current fiscal year.

In related news, VP Robert Alan Koch sold 3,500 shares of the business’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel H. Berry sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $26.13, for a total transaction of $156,780.00. Following the completion of the sale, the director now owns 24,200 shares of the company’s stock, valued at $632,346. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,500 shares of company stock valued at $511,765. 2.00% of the stock is owned by insiders.

A number of equities research analysts have recently commented on the stock. Credit Suisse Group lifted their price target on shares of Rudolph Technologies from $23.00 to $24.00 and gave the stock an “underperform” rating in a report on Tuesday, October 31st. B. Riley reiterated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a report on Tuesday, October 31st. Zacks Investment Research downgraded shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. BidaskClub downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Finally, DA Davidson reiterated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a report on Monday, September 18th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. Rudolph Technologies currently has a consensus rating of “Hold” and an average target price of $28.00.

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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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