Silvant Capital Management LLC Invests $2.54 Million in Onto Innovation Inc. $ONTO

Silvant Capital Management LLC bought a new stake in Onto Innovation Inc. (NYSE:ONTO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,715 shares of the semiconductor company’s stock, valued at approximately $2,541,000.

Several other institutional investors and hedge funds have also modified their holdings of ONTO. Root Financial Partners LLC increased its position in Onto Innovation by 71.2% during the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 74 shares during the period. Transamerica Financial Advisors LLC grew its position in shares of Onto Innovation by 188.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 115 shares in the last quarter. Millstone Evans Group LLC grew its position in shares of Onto Innovation by 147.8% during the 1st quarter. Millstone Evans Group LLC now owns 166 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 99 shares in the last quarter. CoreCap Advisors LLC acquired a new position in shares of Onto Innovation during the 2nd quarter worth approximately $38,000. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Onto Innovation by 109.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 245 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 128 shares during the period. 98.35% of the stock is currently owned by institutional investors and hedge funds.

Onto Innovation Price Performance

ONTO stock opened at $298.38 on Friday. The company’s 50-day moving average price is $305.52 and its two-hundred day moving average price is $263.22. The firm has a market cap of $14.64 billion, a P/E ratio of 112.17, a P/E/G ratio of 1.00 and a beta of 1.59. The company has a quick ratio of 8.33, a current ratio of 9.73 and a debt-to-equity ratio of 0.77. Onto Innovation Inc. has a 12 month low of $101.00 and a 12 month high of $386.46.

Onto Innovation (NYSE:ONTO) last issued its quarterly earnings results 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 company had revenue of $343.13 million during the quarter, compared to the consensus estimate of $325.29 million. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The firm’s quarterly revenue was up 35.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.25 EPS. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. On average, analysts anticipate that Onto Innovation Inc. will post 7.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ONTO shares. B. Riley Financial reiterated a “buy” rating on shares of Onto Innovation in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft started coverage on Onto Innovation in a research report on Friday, June 5th. They set a “buy” rating and a $350.00 price target on the stock. Zacks Research raised Onto Innovation from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Freedom Capital raised Onto Innovation to a “strong-buy” rating in a report on Wednesday, June 17th. Finally, Jefferies Financial Group upped their target price on Onto Innovation from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Two research 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 stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $380.30.

About Onto Innovation

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.