Ossiam Has $30.94 Million Position in Onto Innovation Inc. $ONTO

Ossiam lifted its holdings in Onto Innovation Inc. (NYSE:ONTO) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 239,450 shares of the semiconductor company’s stock after acquiring an additional 3,905 shares during the period. Ossiam’s holdings in Onto Innovation were worth $30,942,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ONTO. Principal Financial Group Inc. boosted its holdings in shares of Onto Innovation by 31.2% during the 3rd quarter. Principal Financial Group Inc. now owns 145,532 shares of the semiconductor company’s stock worth $18,806,000 after buying an additional 34,567 shares in the last quarter. EFG Asset Management North America Corp. bought a new stake in shares of Onto Innovation in the 3rd quarter valued at $1,549,000. New York State Common Retirement Fund lifted its position in shares of Onto Innovation by 64.9% during the 3rd quarter. New York State Common Retirement Fund now owns 117,232 shares of the semiconductor company’s stock valued at $15,149,000 after acquiring an additional 46,118 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Onto Innovation by 36.6% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 51,176 shares of the semiconductor company’s stock valued at $6,613,000 after acquiring an additional 13,714 shares during the period. Finally, Liberty One Investment Management LLC bought a new position in Onto Innovation during the third quarter worth $1,408,000. 98.35% of the stock is owned by institutional investors and hedge funds.

Onto Innovation Stock Up 2.8%

Shares of ONTO opened at $189.67 on Friday. The business’s fifty day moving average is $205.96 and its 200 day moving average is $159.80. Onto Innovation Inc. has a 12-month low of $85.88 and a 12-month high of $232.49. The stock has a market cap of $9.43 billion, a P/E ratio of 68.47, a P/E/G ratio of 0.96 and a beta of 1.47.

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

Analyst Upgrades and Downgrades

ONTO has been the subject of a number of research reports. B. Riley Financial raised their price target on shares of Onto Innovation from $240.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Jefferies Financial Group reiterated a “buy” rating and set a $300.00 price objective on shares of Onto Innovation in a report on Friday, February 20th. Zacks Research raised shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Stifel Nicolaus set a $220.00 target price on Onto Innovation in a research note on Friday, February 20th. Finally, Needham & Company LLC boosted their target price on Onto Innovation from $260.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $252.50.

Key Headlines Impacting Onto Innovation

Here are the key news stories impacting Onto Innovation this week:

• Positive Sentiment: Zacks lifted several FY2026 quarterly and full‑year EPS estimates (Q1 2026 to Q4 2026 and FY2026 raised to $5.69 from $5.51), signaling stronger near‑term profitability than previously modeled. This boosts FY2026 consensus versus prior Zacks views and supports the stock’s rally. Zacks raises FY2026 estimates
• Positive Sentiment: Zacks increased FY2027 and 2027 quarterly forecasts (FY2027 to $6.95, Q1 and Q3 2027 nudged higher), implying sustained growth beyond FY2026 and improving medium‑term earnings power — a constructive sign for investors focused on multi‑year upside. Zacks lifts FY2027 outlook
• Positive Sentiment: Zacks published a FY2028 estimate of $9.05 EPS, extending a bullish forward view that supports longer‑term growth expectations and justifies premium valuation metrics (ONTO currently trades with a relatively high P/E and PEG near 1.0). The longer‑horizon upgrade can attract growth‑oriented funds. Zacks issues FY2028 estimate

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.