102,153 Shares in Onto Innovation Inc. $ONTO Bought by Value Holdings Management CO. LLC

Value Holdings Management CO. LLC acquired a new position in Onto Innovation Inc. (NYSE:ONTO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 102,153 shares of the semiconductor company’s stock, valued at approximately $38,660,000. Onto Innovation accounts for approximately 6.5% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 8th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in ONTO. CoreCap Advisors LLC acquired a new stake in shares of Onto Innovation during the second quarter worth $38,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Onto Innovation in the 2nd quarter worth about $42,000. Harbor Investment Advisory LLC acquired a new position in shares of Onto Innovation in the 2nd quarter valued at about $47,000. Millstone Evans Group LLC boosted its holdings in shares of Onto Innovation by 147.8% in the 1st quarter. Millstone Evans Group LLC now owns 166 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 99 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its holdings in shares of Onto Innovation by 188.5% in the 4th quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 115 shares during the period. Institutional investors own 98.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ONTO shares. Morgan Stanley reiterated an “overweight” rating and set a $383.00 price objective on shares of Onto Innovation in a research note on Friday, August 7th. Oppenheimer lifted their target price on Onto Innovation from $370.00 to $450.00 and gave the company an “outperform” rating in a research note on Monday, June 22nd. B. Riley Financial reaffirmed a “buy” rating on shares of Onto Innovation in a report on Friday, August 7th. Weiss Ratings cut Onto Innovation from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Finally, Wall Street Zen raised Onto Innovation from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Onto Innovation currently has an average rating of “Buy” and an average price target of $380.30.

Onto Innovation Stock Performance

Shares of ONTO opened at $298.38 on Friday. Onto Innovation Inc. has a 1 year low of $101.00 and a 1 year high of $386.46. The company has a market cap of $14.64 billion, a price-to-earnings ratio of 112.17, a price-to-earnings-growth ratio of 1.00 and a beta of 1.59. The company has a debt-to-equity ratio of 0.77, a quick ratio of 8.33 and a current ratio of 9.73. The firm has a fifty day moving average of $305.52 and a 200-day moving average of $263.22.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.24. The business had revenue of $343.13 million for the quarter, compared to analysts’ expectations of $325.29 million. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The company’s revenue for the quarter was up 35.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.25 EPS. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. As a group, equities analysts anticipate that Onto Innovation Inc. will post 7.88 earnings per share for the current year.

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.