Moody National Bank Trust Division Has $2.78 Million Position in Onto Innovation Inc. $ONTO

Moody National Bank Trust Division raised its holdings in Onto Innovation Inc. (NYSE:ONTOFree Report) by 148.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,586 shares of the semiconductor company’s stock after buying an additional 10,494 shares during the quarter. Moody National Bank Trust Division’s holdings in Onto Innovation were worth $2,776,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ONTO. Principal Financial Group Inc. raised its position in shares of Onto Innovation by 31.2% during the third quarter. Principal Financial Group Inc. now owns 145,532 shares of the semiconductor company’s stock worth $18,806,000 after acquiring an additional 34,567 shares during the last quarter. EFG Asset Management North America Corp. acquired a new stake in Onto Innovation in the third quarter worth about $1,549,000. New York State Common Retirement Fund raised its holdings in 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 worth $15,149,000 after purchasing an additional 46,118 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Onto Innovation by 36.6% in 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 purchasing an additional 13,714 shares during the last quarter. Finally, Liberty One Investment Management LLC bought a new position in shares of Onto Innovation in the 3rd quarter valued at about $1,408,000. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Stock Up 4.4%

ONTO opened at $219.05 on Wednesday. The stock has a market cap of $10.89 billion, a P/E ratio of 79.08, a P/E/G ratio of 1.09 and a beta of 1.47. Onto Innovation Inc. has a 12 month low of $85.88 and a 12 month high of $232.49. The company has a fifty day simple moving average of $208.42 and a 200 day simple moving average of $165.43.

Onto Innovation (NYSE:ONTOGet Free Report) last announced its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $265.78 million. During the same quarter last year, the company earned $1.51 earnings per share. The firm’s revenue 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, equities research analysts expect that Onto Innovation Inc. will post 6.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ONTO shares. Jefferies Financial Group reissued a “buy” rating and set a $300.00 price target on shares of Onto Innovation in a research note on Friday, February 20th. Zacks Research raised shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Onto Innovation in a research note on Thursday, January 22nd. B. Riley Financial raised their price target on Onto Innovation from $240.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Stifel Nicolaus set a $220.00 price objective on Onto Innovation in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $252.50.

Read Our Latest Analysis on ONTO

Onto Innovation Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ONTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Onto Innovation Inc. (NYSE:ONTOFree Report).

Institutional Ownership by Quarter for Onto Innovation (NYSE:ONTO)

Receive News & Ratings for Onto Innovation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Onto Innovation and related companies with MarketBeat.com's FREE daily email newsletter.