Dynamic Technology Lab Private Ltd Acquires Shares of 2,690 Onto Innovation Inc. $ONTO

Dynamic Technology Lab Private Ltd purchased a new stake in Onto Innovation Inc. (NYSE:ONTO) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,690 shares of the semiconductor company’s stock, valued at approximately $348,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Onto Innovation by 1.5% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 4,974 shares of the semiconductor company’s stock worth $643,000 after purchasing an additional 75 shares in the last quarter. Amalgamated Bank boosted its position in Onto Innovation by 0.3% in the third quarter. Amalgamated Bank now owns 22,663 shares of the semiconductor company’s stock valued at $2,929,000 after buying an additional 79 shares in the last quarter. Campbell Newman Asset Management Inc. grew its position in Onto Innovation by 0.4% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 18,880 shares of the semiconductor company’s stock worth $2,440,000 after acquiring an additional 80 shares during the last quarter. Palisades Investment Partners LLC grew its holdings in shares of Onto Innovation by 0.4% during the third quarter. Palisades Investment Partners LLC now owns 20,206 shares of the semiconductor company’s stock worth $2,611,000 after purchasing an additional 84 shares during the last quarter. Finally, Brighton Jones LLC grew its holdings in Onto Innovation by 1.4% during the 3rd quarter. Brighton Jones LLC now owns 6,349 shares of the semiconductor company’s stock worth $820,000 after acquiring an additional 87 shares during the last quarter. Institutional investors own 98.35% of the company’s stock.

Onto Innovation Stock Down 0.6%

Onto Innovation stock opened at $192.57 on Thursday. The company has a market capitalization of $9.57 billion, a PE ratio of 69.52, a PEG ratio of 1.01 and a beta of 1.47. Onto Innovation Inc. has a 12-month low of $85.88 and a 12-month high of $232.49. The firm’s fifty day moving average is $204.96 and its 200 day moving average is $159.06.

Onto Innovation (NYSE:ONTO) last posted its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.02). Onto Innovation had a return on equity of 12.20% and a net margin of 13.60%.The company had revenue of $266.87 million during the quarter, compared to analyst estimates of $265.78 million. During the same quarter in the previous year, the business posted $1.51 earnings per share. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. Sell-side analysts expect that Onto Innovation Inc. will post 6.26 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on ONTO. Needham & Company LLC increased their price objective on Onto Innovation from $260.00 to $275.00 and gave the company a “buy” rating in a report on Friday, February 20th. Zacks Research raised Onto Innovation from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Cantor Fitzgerald upgraded Onto Innovation from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $275.00 in a research report on Monday, February 16th. B. Riley Financial increased their price target on Onto Innovation from $240.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Oppenheimer restated an “outperform” rating and set a $265.00 price objective on shares of Onto Innovation in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $252.50.

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.