Vise Technologies Inc. Takes Position in Onto Innovation Inc. $ONTO

Vise Technologies Inc. purchased a new position in shares of Onto Innovation Inc. (NYSE:ONTO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,144 shares of the semiconductor company’s stock, valued at approximately $1,190,000.

Other hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC increased its stake in Onto Innovation by 312.5% in the 1st quarter. NewEdge Advisors LLC now owns 4,121 shares of the semiconductor company’s stock valued at $500,000 after buying an additional 3,122 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Onto Innovation by 76.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 482,256 shares of the semiconductor company’s stock worth $58,517,000 after acquiring an additional 208,907 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Onto Innovation by 8.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 163,259 shares of the semiconductor company’s stock valued at $19,810,000 after acquiring an additional 13,175 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Onto Innovation by 6.3% in the second quarter. Cetera Investment Advisers now owns 4,017 shares of the semiconductor company’s stock valued at $405,000 after acquiring an additional 238 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Onto Innovation by 182.4% in the second quarter. Russell Investments Group Ltd. now owns 6,631 shares of the semiconductor company’s stock valued at $666,000 after acquiring an additional 4,283 shares in the last quarter. 98.35% of the stock is owned by institutional investors and hedge funds.

Onto Innovation Price Performance

Onto Innovation stock opened at $293.68 on Friday. The firm has a market capitalization of $14.41 billion, a PE ratio of 110.41, a P/E/G ratio of 0.98 and a beta of 1.59. Onto Innovation Inc. has a 52 week low of $101.00 and a 52 week high of $386.46. The firm’s 50-day simple moving average is $304.92 and its 200 day simple moving average is $263.43. The company has a quick ratio of 8.33, a current ratio of 9.73 and a debt-to-equity ratio of 0.77.

Onto Innovation (NYSE:ONTO) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.24. The firm had revenue of $343.13 million during the quarter, compared to the consensus estimate of $325.29 million. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The firm’s revenue for the quarter was up 35.3% on a year-over-year basis. During the same period last year, the firm posted $1.25 EPS. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. On average, equities research analysts predict that Onto Innovation Inc. will post 7.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ONTO. Morgan Stanley reissued an “overweight” rating and set a $383.00 price target on shares of Onto Innovation in a report on Friday, August 7th. Oppenheimer raised their price objective on shares of Onto Innovation from $370.00 to $450.00 and gave the company an “outperform” rating in a research report on Monday, June 22nd. B. Riley Financial reiterated a “buy” rating on shares of Onto Innovation in a research report on Friday, August 7th. Zacks Research raised Onto Innovation from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. Finally, Jefferies Financial Group raised their price target on Onto Innovation from $350.00 to $400.00 and gave the company a “buy” rating in a report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Onto Innovation has a consensus rating of “Buy” and a consensus price target of $380.30.

Onto Innovation Company 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.