3,000 Shares in Onto Innovation Inc. $ONTO Bought by Nkcfo LLC

Nkcfo LLC acquired a new stake in Onto Innovation Inc. (NYSE:ONTO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,000 shares of the semiconductor company’s stock, valued at approximately $388,000.

Other large investors also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Onto Innovation by 1.5% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 4,974 shares of the semiconductor company’s stock worth $643,000 after acquiring an additional 75 shares in the last quarter. Amalgamated Bank grew its stake in Onto Innovation by 0.3% during the 3rd quarter. Amalgamated Bank now owns 22,663 shares of the semiconductor company’s stock valued at $2,929,000 after purchasing an additional 79 shares in the last quarter. Campbell Newman Asset Management Inc. increased its holdings in Onto Innovation by 0.4% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 18,880 shares of the semiconductor company’s stock worth $2,440,000 after purchasing an additional 80 shares during the last quarter. Palisades Investment Partners LLC raised its position in shares of Onto Innovation by 0.4% in the 3rd quarter. Palisades Investment Partners LLC now owns 20,206 shares of the semiconductor company’s stock valued at $2,611,000 after purchasing an additional 84 shares in the last quarter. Finally, Brighton Jones LLC raised its position in shares of Onto Innovation by 1.4% in the 3rd quarter. Brighton Jones LLC now owns 6,349 shares of the semiconductor company’s stock valued at $820,000 after purchasing an additional 87 shares in the last quarter. 98.35% of the stock is currently owned by institutional investors and hedge funds.

Onto Innovation Trading Down 1.9%

ONTO stock opened at $212.29 on Tuesday. The firm has a market cap of $10.40 billion, a P/E ratio of 76.64, a P/E/G ratio of 1.19 and a beta of 1.49. The stock’s 50 day simple moving average is $193.42 and its 200 day simple moving average is $151.11. Onto Innovation Inc. has a 12-month low of $85.88 and a 12-month high of $232.49.

Onto Innovation (NYSE:ONTO) last released its earnings results on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.02). The business had revenue of $266.87 million for the quarter, compared to the consensus estimate of $265.78 million. Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The firm’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.51 EPS. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. On average, research analysts forecast that Onto Innovation Inc. will post 6.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ONTO shares. Stifel Nicolaus set a $220.00 price target on shares of Onto Innovation in a research report on Friday. Zacks Research upgraded shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 31st. Jefferies Financial Group reissued a “buy” rating and set a $300.00 price objective on shares of Onto Innovation in a report on Friday. Oppenheimer reissued an “outperform” rating and issued a $265.00 target price on shares of Onto Innovation in a research report on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Onto Innovation in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $252.50.

About Onto Innovation

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.