Vanguard Group Inc. Trims Position in Onto Innovation Inc. $ONTO

Vanguard Group Inc. decreased its position in shares of Onto Innovation Inc. (NYSE:ONTO) by 1.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 5,576,305 shares of the semiconductor company’s stock after selling 91,099 shares during the period. Vanguard Group Inc. owned 0.11% of Onto Innovation worth $880,276,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. William Blair Investment Management LLC lifted its stake in shares of Onto Innovation by 80.3% during the third quarter. William Blair Investment Management LLC now owns 1,981,761 shares of the semiconductor company’s stock valued at $256,083,000 after buying an additional 882,901 shares during the period. Wellington Management Group LLP lifted its stake in shares of Onto Innovation by 1,217.0% during the third quarter. Wellington Management Group LLP now owns 1,398,995 shares of the semiconductor company’s stock valued at $180,778,000 after buying an additional 1,292,772 shares during the period. Franklin Resources Inc. lifted its stake in shares of Onto Innovation by 65.2% during the third quarter. Franklin Resources Inc. now owns 1,114,501 shares of the semiconductor company’s stock valued at $144,016,000 after buying an additional 440,035 shares during the period. Paradigm Capital Management Inc. NY lifted its stake in shares of Onto Innovation by 0.7% during the second quarter. Paradigm Capital Management Inc. NY now owns 1,112,839 shares of the semiconductor company’s stock valued at $112,319,000 after buying an additional 7,900 shares during the period. Finally, Geneva Capital Management LLC lifted its stake in shares of Onto Innovation by 0.3% during the third quarter. Geneva Capital Management LLC now owns 1,084,447 shares of the semiconductor company’s stock valued at $140,132,000 after buying an additional 2,785 shares during the period. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ONTO shares. Jefferies Financial Group reissued a “buy” rating and set a $300.00 price objective on shares of Onto Innovation in a research note on Friday, February 20th. Weiss Ratings raised shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Cantor Fitzgerald increased their price target on shares of Onto Innovation from $275.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, April 6th. Evercore reaffirmed an “outperform” rating and set a $315.00 price target on shares of Onto Innovation in a research note on Friday, April 17th. Finally, Needham & Company LLC increased their price target on shares of Onto Innovation from $275.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $300.63.

Onto Innovation Stock Down 0.7%

NYSE:ONTO opened at $292.94 on Friday. The company has a market cap of $14.57 billion, a P/E ratio of 105.75, a P/E/G ratio of 1.45 and a beta of 1.70. Onto Innovation Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $316.00. The firm’s 50 day moving average is $230.54 and its two-hundred day moving average is $189.09.

Onto Innovation (NYSE:ONTO) last posted its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.02). The company had revenue of $266.87 million for the quarter, compared to analysts’ expectations of $265.78 million. Onto Innovation had a return on equity of 12.20% and a net margin of 13.60%.The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.51 EPS. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. Research analysts forecast that Onto Innovation Inc. will post 6.72 earnings per share for the current fiscal year.

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.