Robeco Institutional Asset Management B.V. Boosts Holdings in Onto Innovation Inc. $ONTO

Robeco Institutional Asset Management B.V. lifted its holdings in Onto Innovation Inc. (NYSE:ONTO) by 230.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 19,203 shares of the semiconductor company’s stock after acquiring an additional 13,384 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Onto Innovation were worth $2,481,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ONTO. Harbor Capital Advisors Inc. boosted its holdings in shares of Onto Innovation by 63.9% during the second quarter. Harbor Capital Advisors Inc. now owns 23,906 shares of the semiconductor company’s stock worth $2,413,000 after purchasing an additional 9,324 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in Onto Innovation during the 2nd quarter valued at approximately $258,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Onto Innovation in the 2nd quarter worth approximately $1,997,000. Verdence Capital Advisors LLC bought a new stake in shares of Onto Innovation in the 2nd quarter worth approximately $2,920,000. Finally, Assenagon Asset Management S.A. grew its position in shares of Onto Innovation by 211.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 427,989 shares of the semiconductor company’s stock worth $55,305,000 after buying an additional 290,419 shares during the last quarter. Institutional investors own 98.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Evercore ISI raised their price target on Onto Innovation from $115.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Zacks Research raised shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Stifel Nicolaus lifted their target price on shares of Onto Innovation from $110.00 to $120.00 and gave the company a “hold” rating in a research note on Monday, October 13th. Jefferies Financial Group increased their price target on shares of Onto Innovation from $170.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Finally, Needham & Company LLC raised their price objective on shares of Onto Innovation from $150.00 to $200.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $171.25.

Onto Innovation Price Performance

Shares of Onto Innovation stock opened at $190.12 on Monday. Onto Innovation Inc. has a 1 year low of $85.88 and a 1 year high of $228.42. The firm has a market cap of $9.32 billion, a price-to-earnings ratio of 53.71, a PEG ratio of 1.06 and a beta of 1.46. The company has a 50-day moving average of $150.75 and a 200 day moving average of $126.71.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. Onto Innovation had a net margin of 17.46% and a return on equity of 13.11%. The business had revenue of $218.19 million for the quarter, compared to analysts’ expectations of $220.23 million. During the same quarter in the prior year, the company earned $1.34 earnings per share. The business’s revenue was down 13.5% compared to the same quarter last year. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. On average, equities analysts anticipate that Onto Innovation Inc. will post 6.26 EPS for the current year.

Onto Innovation 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.