Evergreen Capital Management LLC Purchases 3,138 Shares of Onto Innovation Inc. $ONTO

Evergreen Capital Management LLC increased its holdings in Onto Innovation Inc. (NYSE:ONTO) by 108.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,029 shares of the semiconductor company’s stock after buying an additional 3,138 shares during the period. Evergreen Capital Management LLC’s holdings in Onto Innovation were worth $952,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ONTO. Westside Investment Management Inc. grew its holdings in shares of Onto Innovation by 100.0% during the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 99 shares in the last quarter. Blue Trust Inc. raised its stake in Onto Innovation by 2,061.5% in the third quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 268 shares in the last quarter. Harbor Investment Advisory LLC bought a new stake in Onto Innovation during the third quarter valued at approximately $37,000. Danske Bank A S bought a new stake in Onto Innovation during the third quarter valued at approximately $39,000. Finally, Farther Finance Advisors LLC grew its stake in Onto Innovation by 76.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock worth $41,000 after buying an additional 139 shares in the last quarter. Institutional investors own 98.35% of the company’s stock.

Onto Innovation Stock Performance

ONTO stock opened at $308.10 on Friday. The firm has a market cap of $15.33 billion, a P/E ratio of 111.23, a P/E/G ratio of 1.45 and a beta of 1.47. The firm’s fifty day moving average is $225.03 and its 200 day moving average is $184.33. Onto Innovation Inc. has a 52 week low of $85.88 and a 52 week high of $316.00.

Onto Innovation (NYSE:ONTO) last posted 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). The business had revenue of $266.87 million during the quarter, compared to the consensus estimate of $265.78 million. Onto Innovation had a return on equity of 12.20% and a net margin of 13.60%.The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.51 earnings per share. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. As a group, analysts forecast that Onto Innovation Inc. will post 6.72 EPS for the current year.

Analyst Upgrades and Downgrades

ONTO has been the topic of a number of research analyst reports. Evercore reissued an “outperform” rating and issued a $315.00 price target on shares of Onto Innovation in a report on Friday, April 17th. Oppenheimer upped their target price on shares of Onto Innovation from $265.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, April 17th. Jefferies Financial Group reissued a “buy” rating and issued a $300.00 target price on shares of Onto Innovation in a research note on Friday, February 20th. Weiss Ratings restated a “hold (c)” rating on shares of Onto Innovation in a research report on Thursday, January 22nd. Finally, Stifel Nicolaus set a $350.00 price target on Onto Innovation and gave the stock a “buy” rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Onto Innovation currently has a consensus rating of “Buy” and an average price target of $300.63.

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.