AIA Group Ltd Invests $1.25 Million in Onto Innovation Inc. $ONTO

Key Points

• AIA Group Ltd acquired 9,639 shares of Onto Innovation in Q3 (about $1.25 million) per its 13F filing, and institutional investors collectively own roughly 98.35% of the company.
• Analysts have largely become more positive—MarketBeat shows a consensus rating of "Moderate Buy" with a consensus price target of $252.50, and several firms recently raised targets (e.g., Jefferies $300, B. Riley $275).
• Onto reported quarterly EPS of $1.26 (missed estimates by $0.02) on $266.9M revenue; the stock trades near $200 with a market cap of about $9.96B and a 12‑month range of $85.88–$232.49.

AIA Group Ltd acquired a new stake in shares of Onto Innovation Inc. (NYSE:ONTO - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,639 shares of the semiconductor company's stock, valued at approximately $1,246,000.

Several other institutional investors have also bought and sold shares of the stock. Swiss Life Asset Management Ltd acquired a new position in Onto Innovation during the 3rd quarter valued at about $297,000. Danske Bank A S bought a new stake in Onto Innovation during the third quarter worth approximately $39,000. Silvant Capital Management LLC lifted its position in Onto Innovation by 13.6% in the third quarter. Silvant Capital Management LLC now owns 5,528 shares of the semiconductor company's stock worth $714,000 after purchasing an additional 660 shares during the period. Advisory Services Network LLC acquired a new stake in Onto Innovation in the third quarter worth approximately $1,294,000. Finally, NewEdge Advisors LLC boosted its stake in Onto Innovation by 52.0% during the 3rd quarter. NewEdge Advisors LLC now owns 6,717 shares of the semiconductor company's stock valued at $868,000 after purchasing an additional 2,299 shares in the last quarter. Institutional investors and hedge funds own 98.35% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Weiss Ratings restated a "hold (c)" rating on shares of Onto Innovation in a report on Thursday, January 22nd. B. Riley Financial lifted their target price on Onto Innovation from $240.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Cantor Fitzgerald upgraded shares of Onto Innovation from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $170.00 to $275.00 in a research report on Monday, February 16th. Jefferies Financial Group reissued a "buy" rating and issued a $300.00 price target on shares of Onto Innovation in a report on Friday, February 20th. Finally, Zacks Research upgraded shares of Onto Innovation from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 31st. One investment 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $252.50.

Onto Innovation Stock Down 4.4%

Shares of ONTO stock opened at $200.32 on Friday. Onto Innovation Inc. has a 12 month low of $85.88 and a 12 month high of $232.49. The company has a market cap of $9.96 billion, a PE ratio of 72.32, a price-to-earnings-growth ratio of 1.09 and a beta of 1.47. The business's 50 day moving average is $207.61 and its two-hundred day moving average is $163.02.

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

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.

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