Eagle Rock Investment Company LLC Increases Stake in Onto Innovation Inc. $ONTO

Eagle Rock Investment Company LLC raised its holdings in Onto Innovation Inc. (NYSE:ONTO) by 99.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,037 shares of the semiconductor company’s stock after buying an additional 5,000 shares during the period. Eagle Rock Investment Company LLC’s holdings in Onto Innovation were worth $1,584,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. increased its position 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 acquiring an additional 99 shares during the period. Blue Trust Inc. raised its stake in shares of 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 acquiring an additional 268 shares in the last quarter. Harbor Investment Advisory LLC purchased a new position in Onto Innovation in the third quarter valued at $37,000. Danske Bank A S purchased a new position in Onto Innovation in the third quarter valued at $39,000. Finally, Farther Finance Advisors LLC grew its stake in Onto Innovation by 76.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 139 shares in the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Trading Down 0.3%

Shares of Onto Innovation stock opened at $204.12 on Friday. The company has a fifty day simple moving average of $208.21 and a 200-day simple moving average of $166.79. 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. Onto Innovation Inc. has a 12-month low of $85.88 and a 12-month high of $232.49.

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 return on equity of 12.20% and a net margin of 13.60%.The company had revenue of $266.87 million for the quarter, compared to analyst estimates of $265.78 million. During the same quarter in the prior year, the business earned $1.51 earnings per share. Onto Innovation’s 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 forecast that Onto Innovation Inc. will post 6.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ONTO shares. Evercore restated an “outperform” rating and set a $250.00 price target on shares of Onto Innovation in a report on Thursday, February 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Onto Innovation in a research report on Thursday, January 22nd. B. Riley Financial upped their target price on shares of Onto Innovation from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Cantor Fitzgerald raised shares of 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 report on Monday, February 16th. Finally, Needham & Company LLC lifted their price target on shares of Onto Innovation from $260.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $252.50.

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.