CW Advisors LLC Purchases 8,498 Shares of Onto Innovation Inc. $ONTO

Key Points

• CW Advisors LLC has increased its position in Onto Innovation Inc. by 18.0%, owning 55,800 shares valued at approximately $6.77 million.
• Onto Innovation's stock price has seen significant fluctuations, with a 1-year low of $85.88 and a high of $228.42, currently trading at around $108.54.
• The company reported earnings per share of $1.25 for the quarter, missing analyst estimates, while also projecting a Q3 2025 EPS guidance between 0.750 and 0.950.

CW Advisors LLC raised its position in Onto Innovation Inc. (NYSE:ONTO - Free Report) by 18.0% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 55,800 shares of the semiconductor company's stock after buying an additional 8,498 shares during the period. CW Advisors LLC owned about 0.11% of Onto Innovation worth $6,771,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in ONTO. Capital Fund Management S.A. lifted its stake in shares of Onto Innovation by 22.2% in the 1st quarter. Capital Fund Management S.A. now owns 81,752 shares of the semiconductor company's stock valued at $9,920,000 after purchasing an additional 14,867 shares during the period. EntryPoint Capital LLC bought a new stake in Onto Innovation in the first quarter valued at approximately $334,000. Hsbc Holdings PLC raised its holdings in Onto Innovation by 224.2% in the first quarter. Hsbc Holdings PLC now owns 39,239 shares of the semiconductor company's stock worth $4,651,000 after purchasing an additional 27,136 shares during the period. Quantbot Technologies LP raised its holdings in Onto Innovation by 78.5% in the first quarter. Quantbot Technologies LP now owns 3,785 shares of the semiconductor company's stock worth $459,000 after purchasing an additional 1,665 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Onto Innovation by 12.6% during the first quarter. Wellington Management Group LLP now owns 489,413 shares of the semiconductor company's stock worth $59,385,000 after purchasing an additional 54,607 shares in the last quarter. Institutional investors own 98.35% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Jefferies Financial Group set a $110.00 price objective on shares of Onto Innovation and gave the company a "hold" rating in a research report on Tuesday, May 20th. Cantor Fitzgerald lowered their price target on Onto Innovation from $110.00 to $90.00 and set a "neutral" rating for the company in a report on Tuesday, June 24th. Oppenheimer decreased their price objective on Onto Innovation from $150.00 to $130.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. Wall Street Zen raised Onto Innovation from a "sell" rating to a "hold" rating in a research note on Saturday, May 17th. Finally, B. Riley cut their price target on shares of Onto Innovation from $160.00 to $145.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $137.86.

Onto Innovation Trading Up 0.6%

Shares of NYSE:ONTO traded up $0.67 during trading on Thursday, hitting $108.66. 180,745 shares of the company were exchanged, compared to its average volume of 1,242,655. Onto Innovation Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $228.42. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of 26.89, a P/E/G ratio of 0.73 and a beta of 1.44. The firm has a fifty day moving average price of $101.14 and a two-hundred day moving average price of $115.29.

Onto Innovation (NYSE:ONTO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.02). Onto Innovation had a net margin of 19.29% and a return on equity of 14.38%. The firm had revenue of $253.60 million for the quarter, compared to analyst estimates of $250.56 million. During the same quarter in the prior year, the firm earned $1.32 earnings per share. The firm's revenue for the quarter was up 4.7% on a year-over-year basis. Onto Innovation has set its Q3 2025 guidance at 0.750-0.950 EPS. As a group, research analysts predict that Onto Innovation Inc. will post 6.26 EPS for the current year.

Onto Innovation Profile

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.