Envestnet Asset Management Inc. Increases Stock Position in Onto Innovation Inc. $ONTO

Envestnet Asset Management Inc. raised its stake in Onto Innovation Inc. (NYSE:ONTO) by 28.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,813 shares of the semiconductor company’s stock after acquiring an additional 13,436 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.12% of Onto Innovation worth $7,858,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its stake in shares of Onto Innovation by 312.5% during the 1st quarter. NewEdge Advisors LLC now owns 4,121 shares of the semiconductor company’s stock valued at $500,000 after acquiring an additional 3,122 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Onto Innovation by 76.4% in the first quarter. Goldman Sachs Group Inc. now owns 482,256 shares of the semiconductor company’s stock valued at $58,517,000 after purchasing an additional 208,907 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Onto Innovation by 8.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 163,259 shares of the semiconductor company’s stock worth $19,810,000 after acquiring an additional 13,175 shares during the last quarter. CWM LLC grew its position in shares of Onto Innovation by 231.7% during the second quarter. CWM LLC now owns 3,334 shares of the semiconductor company’s stock worth $337,000 after buying an additional 2,329 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its position in shares of Onto Innovation by 1.9% during the second quarter. Mutual of America Capital Management LLC now owns 47,842 shares of the semiconductor company’s stock worth $4,829,000 after purchasing an additional 887 shares during the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Price Performance

Shares of Onto Innovation stock opened at $225.54 on Friday. The company has a market cap of $11.05 billion, a PE ratio of 63.71, a price-to-earnings-growth ratio of 1.21 and a beta of 1.50. The firm has a fifty day moving average price of $191.11 and a two-hundred day moving average price of $148.64. Onto Innovation Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $229.87.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.02). Onto Innovation had a net margin of 17.46% and a return on equity of 13.11%. The company had revenue of $266.87 million during the quarter, compared to analyst estimates of $265.78 million. During the same period in the prior year, the firm earned $1.51 EPS. Onto Innovation’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. Analysts expect that Onto Innovation Inc. will post 6.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Zacks Research raised shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Needham & Company LLC boosted their price target on shares of Onto Innovation from $200.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Cantor Fitzgerald raised Onto Innovation from a “neutral” rating to an “overweight” rating and raised their target price for the company from $170.00 to $275.00 in a research note on Monday. Jefferies Financial Group raised their target price on shares of Onto Innovation from $170.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Finally, B. Riley Financial increased their price objective on Onto Innovation from $180.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $222.50.

Key Onto Innovation News

Here are the key news stories impacting Onto Innovation this week:

• Positive Sentiment: Company guided Q1 FY2026 above consensus — EPS guidance of $1.260–$1.360 (vs. $1.29 consensus midpoint) and revenue guidance of $275M–$285M (vs. $272M consensus), signaling better near‑term demand and helping upside expectations. Onto Innovation Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Operational highlights: record 2025 revenue, completion of the Semilab product‑line acquisition, shipments of next‑gen Dragonfly systems and a major HBM (high‑bandwidth memory) agreement — all supportive of longer‑term growth and margin expansion. Onto Innovation Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Analyst support: Cantor Fitzgerald upgraded the stock and Zacks Research reiterated/raised estimates and maintains bullish coverage, which can attract momentum flows. Cantor Fitzgerald upgrades Onto Innovation (ONTO) Are You Looking for a Top Momentum Pick? Why Onto Innovation (ONTO) is a Great Choice
• Neutral Sentiment: Q4 results were essentially in line on revenue but EPS missed narrowly — reported EPS $1.26 vs. Street ~ $1.27–$1.28, with revenue ~$266.9M (near expectations). The small miss tempers the beat from guidance but isn’t a major operational red flag. Onto Innovation (ONTO) Misses Q4 Earnings Estimates
• Negative Sentiment: Mixed analyst signaling: Stifel raised its price target (to $215) but maintained a “hold” rating — a reminder that some sell‑side views may cap upside even as others upgrade. This could limit immediate multiple expansion. Benzinga

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.