Onto Innovation Inc. $ONTO Shares Bought by Capital Fund Management S.A.

Capital Fund Management S.A. lifted its stake in shares of Onto Innovation Inc. (NYSE:ONTO) by 16.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,967 shares of the semiconductor company’s stock after buying an additional 13,215 shares during the quarter. Capital Fund Management S.A. owned approximately 0.19% of Onto Innovation worth $9,585,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Banque Cantonale Vaudoise bought a new position in Onto Innovation during the 1st quarter valued at $29,000. Brooklyn Investment Group lifted its position in shares of Onto Innovation by 3,690.9% during the first quarter. Brooklyn Investment Group now owns 417 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 406 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Onto Innovation by 148.5% during the second quarter. SBI Securities Co. Ltd. now owns 671 shares of the semiconductor company’s stock worth $68,000 after purchasing an additional 401 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Onto Innovation by 27.2% in the first quarter. Smartleaf Asset Management LLC now owns 697 shares of the semiconductor company’s stock worth $85,000 after purchasing an additional 149 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in Onto Innovation by 13.9% in the second quarter. Signaturefd LLC now owns 854 shares of the semiconductor company’s stock valued at $86,000 after buying an additional 104 shares during the last quarter. Institutional investors own 98.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on ONTO. B. Riley increased their target price on Onto Innovation from $173.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Jefferies Financial Group upgraded Onto Innovation from a “hold” rating to a “buy” rating and raised their price objective for the stock from $100.00 to $170.00 in a research note on Tuesday, September 23rd. Stifel Nicolaus lifted their price objective on shares of Onto Innovation from $110.00 to $120.00 and gave the stock a “hold” rating in a report on Monday, October 13th. Benchmark dropped their target price on shares of Onto Innovation from $190.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Finally, Oppenheimer raised their price target on shares of Onto Innovation from $130.00 to $180.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $151.25.

Onto Innovation Stock Performance

ONTO stock opened at $139.50 on Friday. Onto Innovation Inc. has a 1 year low of $85.88 and a 1 year high of $228.42. The stock has a market capitalization of $6.84 billion, a price-to-earnings ratio of 34.53, a PEG ratio of 0.94 and a beta of 1.64. The stock’s fifty day moving average is $133.46 and its two-hundred day moving average is $112.63.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. Onto Innovation had a net margin of 19.29% and a return on equity of 14.38%. The business had revenue of $218.19 million during the quarter, compared to analyst estimates of $220.23 million. During the same quarter in the prior year, the firm earned $1.34 earnings per share. The company’s quarterly revenue was down 13.5% on a year-over-year basis. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. As a group, analysts predict that Onto Innovation Inc. will post 6.26 EPS for the current fiscal year.

Onto Innovation Profile

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.