Vanguard Group Inc. Boosts Stake in Onto Innovation Inc. $ONTO

Vanguard Group Inc. boosted its position in Onto Innovation Inc. (NYSE:ONTO) by 5.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,667,404 shares of the semiconductor company’s stock after buying an additional 294,393 shares during the period. Vanguard Group Inc. owned approximately 11.57% of Onto Innovation worth $732,342,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Voya Investment Management LLC boosted its position in Onto Innovation by 4,494.6% during the third quarter. Voya Investment Management LLC now owns 868,607 shares of the semiconductor company’s stock worth $111,974,000 after purchasing an additional 849,702 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of Onto Innovation by 1,510.2% in the second quarter. Qube Research & Technologies Ltd now owns 901,180 shares of the semiconductor company’s stock valued at $90,956,000 after purchasing an additional 845,213 shares in the last quarter. Norges Bank purchased a new position in shares of Onto Innovation during the 2nd quarter worth $71,961,000. BNP Paribas Financial Markets increased its holdings in shares of Onto Innovation by 342.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 566,116 shares of the semiconductor company’s stock worth $57,138,000 after buying an additional 438,217 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in Onto Innovation by 1,806.1% during the second quarter. AQR Capital Management LLC now owns 333,960 shares of the semiconductor company’s stock worth $33,707,000 after acquiring an additional 316,439 shares during the last quarter. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Onto Innovation Stock Down 1.9%

Shares of NYSE ONTO opened at $212.29 on Tuesday. The stock has a market capitalization of $10.40 billion, a PE ratio of 76.64, a P/E/G ratio of 1.19 and a beta of 1.49. The firm has a fifty day moving average of $193.42 and a 200-day moving average of $151.11. Onto Innovation Inc. has a 52-week low of $85.88 and a 52-week high of $232.49.

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

Wall Street Analysts Forecast Growth

ONTO has been the subject of a number of research reports. Stifel Nicolaus set a $220.00 price objective on Onto Innovation in a research note on Friday. Oppenheimer reiterated an “outperform” rating and issued a $265.00 price objective on shares of Onto Innovation in a report on Friday. Evercore reiterated an “outperform” rating and set a $250.00 price target on shares of Onto Innovation in a research note on Thursday. B. Riley Financial boosted their price objective on Onto Innovation from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Friday. Finally, Jefferies Financial Group reissued a “buy” rating and set a $300.00 price target on shares of Onto Innovation in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $252.50.

Onto Innovation Profile

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.