Deutsche Bank AG Makes New $4.12 Million Investment in Onto Innovation Inc. $ONTO

Key Points

• Deutsche Bank initiated a $4.12 million position in Onto Innovation during the second quarter, buying 10,896 shares. Institutional investors collectively own 98.35% of the company.
• Onto Innovation exceeded quarterly expectations, reporting $1.93 EPS and $343.13 million in revenue, with revenue rising 35.3% year over year. The company issued third-quarter 2026 EPS guidance of $2.18–$2.38.
• Analyst sentiment remains positive, with a consensus “Buy” rating and a $380.30 price target; recent targets range from $383 to $450. ONTO opened at $292.38, below its 50-day average of $303.38.

Deutsche Bank AG bought a new stake in shares of Onto Innovation Inc. (NYSE:ONTO - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,896 shares of the semiconductor company's stock, valued at approximately $4,124,000.

A number of other hedge funds also recently modified their holdings of ONTO. Andar Capital Management HK Ltd purchased a new position in shares of Onto Innovation during the second quarter valued at $69,000,000. Wellington Management Group LLP raised its position in Onto Innovation by 1,217.0% during the third quarter. Wellington Management Group LLP now owns 1,398,995 shares of the semiconductor company's stock valued at $180,778,000 after buying an additional 1,292,772 shares during the period. Franklin Resources Inc. lifted its stake in Onto Innovation by 21.4% in the 4th quarter. Franklin Resources Inc. now owns 1,353,001 shares of the semiconductor company's stock worth $213,585,000 after acquiring an additional 238,500 shares in the last quarter. Geode Capital Management LLC boosted its position in Onto Innovation by 45.4% during the 4th quarter. Geode Capital Management LLC now owns 1,127,532 shares of the semiconductor company's stock worth $178,024,000 after acquiring an additional 352,316 shares during the period. Finally, Paradigm Capital Management Inc. NY boosted its position in Onto Innovation by 1.2% during the 4th quarter. Paradigm Capital Management Inc. NY now owns 1,125,838 shares of the semiconductor company's stock worth $177,725,000 after acquiring an additional 12,999 shares during the period. Hedge funds and other institutional investors own 98.35% of the company's stock.

Onto Innovation Stock Performance

Shares of ONTO opened at $292.38 on Wednesday. The firm has a market cap of $14.35 billion, a price-to-earnings ratio of 109.92, a price-to-earnings-growth ratio of 0.94 and a beta of 1.59. The company's fifty day moving average is $303.38 and its 200-day moving average is $265.18. The company has a quick ratio of 8.33, a current ratio of 9.73 and a debt-to-equity ratio of 0.77. Onto Innovation Inc. has a 12 month low of $101.00 and a 12 month high of $386.46.

Onto Innovation (NYSE:ONTO - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.24. The business had revenue of $343.13 million during the quarter, compared to analyst estimates of $325.29 million. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. Onto Innovation's quarterly revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.25 EPS. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. Equities analysts expect that Onto Innovation Inc. will post 7.88 EPS for the current fiscal year.

Insiders Place Their Bets

In other Onto Innovation news, Director Susan D. Lynch sold 1,000 shares of the business's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $302.30, for a total value of $302,300.00. Following the completion of the sale, the director owned 2,684 shares of the company's stock, valued at $811,373.20. The trade was a 27.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on ONTO shares. Morgan Stanley reaffirmed an "overweight" rating and set a $383.00 target price on shares of Onto Innovation in a research note on Friday, August 7th. The Goldman Sachs Group initiated coverage on shares of Onto Innovation in a report on Monday, August 17th. They set a "buy" rating and a $400.00 price target for the company. Cantor Fitzgerald raised their price target on shares of Onto Innovation from $350.00 to $410.00 and gave the stock an "overweight" rating in a report on Monday, June 29th. Oppenheimer boosted their price objective on shares of Onto Innovation from $370.00 to $450.00 and gave the company an "outperform" rating in a research report on Monday, June 22nd. Finally, Weiss Ratings upgraded shares of Onto Innovation from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $380.30.

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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