EFG Asset Management North America Corp. Purchases Shares of 11,990 Onto Innovation Inc. $ONTO

EFG Asset Management North America Corp. acquired a new position in shares of Onto Innovation Inc. (NYSE:ONTO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 11,990 shares of the semiconductor company’s stock, valued at approximately $1,549,000.

Other hedge funds have also made changes to their positions in the company. Blue Trust Inc. increased its stake in Onto Innovation by 2,061.5% during the third quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 268 shares during the period. Harbor Investment Advisory LLC bought a new stake in shares of Onto Innovation during the third quarter valued at approximately $37,000. Farther Finance Advisors LLC increased its position in shares of Onto Innovation by 76.8% during the third quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 139 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Onto Innovation in the third quarter valued at $47,000. Finally, EverSource Wealth Advisors LLC lifted its position in Onto Innovation by 206.9% in the second quarter. EverSource Wealth Advisors LLC now owns 577 shares of the semiconductor company’s stock worth $58,000 after purchasing an additional 389 shares during the period. Institutional investors own 98.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ONTO. Weiss Ratings reissued a “hold (c)” rating on shares of Onto Innovation in a report on Thursday, January 22nd. Jefferies Financial Group upped their target price on shares of Onto Innovation from $170.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Oppenheimer increased 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. B. Riley lifted their price objective on Onto Innovation from $180.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Finally, Stifel Nicolaus increased their target price on Onto Innovation from $126.00 to $180.00 and gave the stock a “hold” rating in a report on Wednesday, January 14th. One 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $193.75.

Onto Innovation Trading Up 0.8%

Shares of Onto Innovation stock opened at $208.46 on Wednesday. The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 58.89, a P/E/G ratio of 1.14 and a beta of 1.46. The firm’s 50-day moving average price is $169.43 and its two-hundred day moving average price is $135.89. Onto Innovation Inc. has a 1-year low of $85.88 and a 1-year high of $227.07.

Onto Innovation (NYSE:ONTO) last announced its 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. The business had revenue of $218.19 million for the quarter, compared to the consensus estimate of $220.23 million. Onto Innovation had a return on equity of 13.11% and a net margin of 17.46%.Onto Innovation’s 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 EPS. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. As a group, equities research analysts predict 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.