Onto Innovation Inc. $ONTO Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG reduced its holdings in Onto Innovation Inc. (NYSE:ONTO) by 16.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,670 shares of the semiconductor company’s stock after selling 24,530 shares during the period. Robeco Schweiz AG’s holdings in Onto Innovation were worth $37,760,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Andar Capital Management HK Ltd acquired a new position in shares of Onto Innovation in the 2nd quarter valued at about $69,000,000. BlackRock Inc. acquired a new stake in shares of Onto Innovation during the second quarter worth approximately $2,083,436,000. Paradigm Capital Management Inc. NY acquired a new stake in shares of Onto Innovation during the second quarter worth approximately $416,839,000. William Blair Investment Management LLC purchased a new position in Onto Innovation during the second quarter valued at approximately $251,812,000. Finally, Bank of New York Mellon Corp purchased a new position in Onto Innovation during the second quarter valued at approximately $162,052,000. 98.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 21st. B. Riley Financial reaffirmed a “buy” rating on shares of Onto Innovation in a research note on Friday, August 7th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Onto Innovation in a report on Tuesday. Jefferies Financial Group lifted their price objective on Onto Innovation from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Zacks Research upgraded Onto Innovation from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $380.00.

Onto Innovation Stock Performance

Shares of ONTO opened at $198.17 on Friday. The company’s fifty day moving average is $273.94 and its 200-day moving average is $283.09. Onto Innovation Inc. has a 12 month low of $118.97 and a 12 month high of $386.46. The firm has a market cap of $9.73 billion, a price-to-earnings ratio of 74.50, a price-to-earnings-growth ratio of 0.65 and a beta of 1.58. 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 (NYSE:ONTO) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.24. The business had revenue of $343.13 million during the quarter, compared to analyst estimates of $325.29 million. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. Onto Innovation’s quarterly revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.25 EPS. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. Equities analysts expect that Onto Innovation Inc. will post 8.04 EPS for the current fiscal year.

Insider Activity

In other news, Director Susan D. Lynch sold 1,000 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $302.30, for a total transaction of $302,300.00. Following the completion of the sale, the director owned 2,684 shares in the company, valued at approximately $811,373.20. This represents a 27.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director David Miller sold 2,000 shares of the stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $300.00, for a total value of $600,000.00. Following the transaction, the director directly owned 10,692 shares in the company, valued at approximately $3,207,600. This represents a 15.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Onto Innovation Company Profile

Onto Innovation Inc (NYSE: ONTO) develops process control and inspection equipment used by semiconductor manufacturers and advanced packaging companies. Its products help customers monitor, measure and improve manufacturing processes throughout the production of integrated circuits, wafers and packaged semiconductor devices.

The company offers optical metrology systems, wafer and macro-defect inspection tools, advanced packaging inspection and metrology solutions, lithography systems, and process control software.