Onto Innovation Inc. $ONTO Shares Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC boosted its stake in shares of Onto Innovation Inc. (NYSE:ONTO) by 24.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 59,440 shares of the semiconductor company’s stock after purchasing an additional 11,598 shares during the period. Mutual of America Capital Management LLC’s holdings in Onto Innovation were worth $7,681,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Amalgamated Bank lifted its stake in shares of Onto Innovation by 0.3% during the third quarter. Amalgamated Bank now owns 22,663 shares of the semiconductor company’s stock worth $2,929,000 after buying an additional 79 shares during the period. Campbell Newman Asset Management Inc. increased its position in shares of Onto Innovation by 0.4% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 18,880 shares of the semiconductor company’s stock valued at $2,440,000 after acquiring an additional 80 shares during the period. Palisades Investment Partners LLC raised its stake in Onto Innovation by 0.4% in the 3rd quarter. Palisades Investment Partners LLC now owns 20,206 shares of the semiconductor company’s stock worth $2,611,000 after acquiring an additional 84 shares during the last quarter. Brighton Jones LLC lifted its position in Onto Innovation by 1.4% during the 3rd quarter. Brighton Jones LLC now owns 6,349 shares of the semiconductor company’s stock worth $820,000 after acquiring an additional 87 shares during the period. Finally, Evergreen Capital Management LLC lifted its position in Onto Innovation by 3.6% during the 3rd quarter. Evergreen Capital Management LLC now owns 2,891 shares of the semiconductor company’s stock worth $374,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Stock Performance

Shares of NYSE ONTO opened at $208.46 on Wednesday. The company has a market capitalization of $10.22 billion, a PE ratio of 58.89, a price-to-earnings-growth ratio of 1.14 and a beta of 1.46. The company’s fifty day moving average price is $169.43 and its 200 day moving average price is $135.89. Onto Innovation Inc. has a 1 year low of $85.88 and a 1 year high of $227.07.

Onto Innovation (NYSE:ONTO) last issued its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. Onto Innovation had a net margin of 17.46% and a return on equity of 13.11%. The business had revenue of $218.19 million during the quarter, compared to the consensus estimate of $220.23 million. During the same quarter in the prior year, the firm posted $1.34 earnings per share. The company’s revenue was down 13.5% compared to the same quarter last year. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. On average, equities analysts expect that Onto Innovation Inc. will post 6.26 EPS for the current year.

Wall Street Analyst Weigh In

ONTO has been the topic of a number of research reports. Oppenheimer increased their price objective on Onto Innovation from $130.00 to $180.00 and gave the company an “outperform” rating in a report on Tuesday, October 14th. Evercore ISI upped their target price on Onto Innovation from $115.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Stifel Nicolaus increased their price target on shares of Onto Innovation from $126.00 to $180.00 and gave the stock a “hold” rating in a report on Wednesday, January 14th. Needham & Company LLC raised their target price on shares of Onto Innovation from $200.00 to $260.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, Zacks Research upgraded shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $193.75.

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.