Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Onto Innovation Inc. (NYSE:ONTO – Free Report) by 36.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,176 shares of the semiconductor company’s stock after acquiring an additional 13,714 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.10% of Onto Innovation worth $6,613,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in ONTO. Paradigm Capital Management Inc. NY raised its stake in shares of Onto Innovation by 0.7% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,112,839 shares of the semiconductor company’s stock valued at $112,319,000 after purchasing an additional 7,900 shares during the period. William Blair Investment Management LLC grew its holdings in Onto Innovation by 650.4% during the 2nd quarter. William Blair Investment Management LLC now owns 1,098,860 shares of the semiconductor company’s stock valued at $110,908,000 after buying an additional 952,419 shares in the last quarter. Geneva Capital Management LLC grew its holdings in Onto Innovation by 6.5% during the 2nd quarter. Geneva Capital Management LLC now owns 1,081,662 shares of the semiconductor company’s stock valued at $109,172,000 after buying an additional 66,339 shares in the last quarter. Qube Research & Technologies Ltd increased its position in shares of Onto Innovation by 1,510.2% during the second quarter. Qube Research & Technologies Ltd now owns 901,180 shares of the semiconductor company’s stock valued at $90,956,000 after buying an additional 845,213 shares during the period. Finally, Voya Investment Management LLC lifted its holdings in shares of Onto Innovation by 4,494.6% in the third quarter. Voya Investment Management LLC now owns 868,607 shares of the semiconductor company’s stock worth $111,974,000 after buying an additional 849,702 shares in the last quarter. 98.35% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently commented on ONTO shares. Needham & Company LLC boosted their price objective on shares of Onto Innovation from $200.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Evercore ISI raised their price target on shares of Onto Innovation from $115.00 to $160.00 and gave the company an “outperform” rating in a report on Tuesday, November 4th. Oppenheimer upped their price target on shares of Onto Innovation from $130.00 to $180.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Zacks Research upgraded Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Onto Innovation in a research note on Thursday. One 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. According to data from MarketBeat, Onto Innovation currently has an average rating of “Moderate Buy” and an average price target of $193.75.
Onto Innovation Price Performance
Shares of NYSE:ONTO opened at $211.69 on Monday. The company’s fifty day moving average price is $166.16 and its 200-day moving average price is $134.41. The firm has a market capitalization of $10.37 billion, a price-to-earnings ratio of 59.80, a PEG ratio of 1.17 and a beta of 1.46. Onto Innovation Inc. has a one year low of $85.88 and a one year high of $227.07.
Onto Innovation (NYSE:ONTO – Get Free Report) last announced its earnings results on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.03. The company had revenue of $218.19 million during the quarter, compared to analyst estimates of $220.23 million. Onto Innovation had a net margin of 17.46% and a return on equity of 13.11%. The firm’s quarterly revenue was down 13.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.34 earnings per share. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. As a group, equities research analysts expect that Onto Innovation Inc. will post 6.26 EPS for the current 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.
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