Fort Washington Investment Advisors Inc. OH Has $25.91 Million Position in Onto Innovation Inc. $ONTO

Fort Washington Investment Advisors Inc. OH cut its holdings in Onto Innovation Inc. (NYSE:ONTO) by 15.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 164,115 shares of the semiconductor company’s stock after selling 31,090 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 0.33% of Onto Innovation worth $25,907,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in Onto Innovation by 31.2% in the third quarter. Principal Financial Group Inc. now owns 145,532 shares of the semiconductor company’s stock valued at $18,806,000 after purchasing an additional 34,567 shares during the last quarter. EFG Asset Management North America Corp. bought a new position in Onto Innovation during the third quarter worth about $1,549,000. New York State Common Retirement Fund grew its position in shares of Onto Innovation by 64.9% during the 3rd quarter. New York State Common Retirement Fund now owns 117,232 shares of the semiconductor company’s stock worth $15,149,000 after buying an additional 46,118 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Onto Innovation by 36.6% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 51,176 shares of the semiconductor company’s stock worth $6,613,000 after buying an additional 13,714 shares during the period. Finally, Liberty One Investment Management LLC bought a new stake in shares of Onto Innovation in the 3rd quarter valued at about $1,408,000. Institutional investors and hedge funds own 98.35% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ONTO. Oppenheimer reissued an “outperform” rating and set a $265.00 price objective on shares of Onto Innovation in a research note on Friday, February 20th. Cantor Fitzgerald raised shares of Onto Innovation from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $275.00 in a research note on Monday, February 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 target price on shares of Onto Innovation in a report on Friday, February 20th. Stifel Nicolaus set a $220.00 price target on shares of Onto Innovation in a research report on Friday, February 20th. Finally, B. Riley Financial boosted their price target on shares of Onto Innovation from $240.00 to $275.00 and gave the company a “buy” rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Onto Innovation currently has a consensus rating of “Moderate Buy” and a consensus price target of $252.50.

Onto Innovation Stock Performance

NYSE ONTO opened at $204.12 on Friday. The stock has a market cap of $10.14 billion, a price-to-earnings ratio of 73.69, a PEG ratio of 1.07 and a beta of 1.47. The business has a 50 day simple moving average of $208.21 and a 200 day simple moving average of $166.79. Onto Innovation Inc. has a 52-week low of $85.88 and a 52-week high of $232.49.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.02). Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The company had revenue of $266.87 million during the quarter, compared to analyst estimates of $265.78 million. During the same quarter last year, the company earned $1.51 EPS. The firm’s quarterly revenue 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. On average, analysts predict that Onto Innovation Inc. will post 6.26 EPS for the current year.

About Onto Innovation

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.