Campbell Newman Asset Management Inc. Acquires 3,899 Shares of Onto Innovation Inc. $ONTO

Key Points

• Campbell Newman Asset Management raised its stake in Onto Innovation by 20.7%, buying 3,899 shares to hold 22,779 shares worth $3,596,000, and institutional investors now own about 98.35% of the stock.
• Q4 results: Onto Innovation reported EPS of $1.26 (missed estimates by $0.02) on $266.87M revenue and set Q1 2026 guidance of $1.260–$1.360 EPS.
• Shares trade near $266 with a market cap of $13.24B; analysts give a consensus rating of “Moderate Buy” with a $260 target while some firms (e.g., Cantor Fitzgerald) have raised targets up to $300.

Campbell Newman Asset Management Inc. increased its stake in Onto Innovation Inc. (NYSE:ONTO - Free Report) by 20.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,779 shares of the semiconductor company's stock after acquiring an additional 3,899 shares during the period. Campbell Newman Asset Management Inc.'s holdings in Onto Innovation were worth $3,596,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Westside Investment Management Inc. lifted its stake in shares of Onto Innovation by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 99 shares during the last quarter. Blue Trust Inc. raised its holdings in Onto Innovation by 2,061.5% during the 3rd quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company's stock valued at $36,000 after buying an additional 268 shares during the period. Harbor Investment Advisory LLC bought a new stake in Onto Innovation in the third quarter worth $37,000. Danske Bank A S bought a new stake in Onto Innovation in the third quarter worth $39,000. Finally, Farther Finance Advisors LLC boosted its stake in Onto Innovation by 76.8% during the third quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company's stock worth $41,000 after buying an additional 139 shares during the period. 98.35% of the stock is currently owned by hedge funds and other institutional investors.

Onto Innovation Trading Up 2.8%

NYSE:ONTO opened at $266.26 on Friday. Onto Innovation Inc. has a twelve month low of $85.88 and a twelve month high of $288.00. The company has a market cap of $13.24 billion, a price-to-earnings ratio of 96.12, a price-to-earnings-growth ratio of 1.35 and a beta of 1.47. The stock has a fifty day simple moving average of $215.45 and a 200-day simple moving average of $177.76.

Onto Innovation (NYSE:ONTO - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 EPS for the quarter, missing analysts' consensus estimates of $1.28 by ($0.02). The company 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 company's revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.51 earnings per share. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. As a group, equities research analysts predict that Onto Innovation Inc. will post 6.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ONTO. Stifel Nicolaus set a $220.00 target price on shares of Onto Innovation in a research note on Friday, February 20th. Oppenheimer reiterated an "outperform" rating and set a $265.00 price target on shares of Onto Innovation in a report on Friday, February 20th. Evercore reissued an "outperform" rating and issued a $250.00 price objective on shares of Onto Innovation in a research report on Thursday, February 19th. Cantor Fitzgerald raised their price objective on shares of Onto Innovation from $275.00 to $300.00 and gave the stock an "overweight" rating in a research note on Monday, April 6th. Finally, Zacks Research upgraded Onto Innovation from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $260.00.

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.

Want to see what other hedge funds are holding ONTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Onto Innovation Inc. (NYSE:ONTO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.