Integrated Wealth Concepts LLC Sells 3,896 Shares of Onto Innovation Inc. $ONTO

Key Points

• Integrated Wealth Concepts LLC reduced its Onto Innovation stake by 18.2% in the second quarter, selling 3,896 shares and retaining 17,532 shares valued at approximately $6.6 million. Institutional investors collectively own 98.35% of the company.
• Onto Innovation reported quarterly earnings of $1.93 per share on $343.13 million in revenue, exceeding analyst estimates, while revenue increased 35.3% year over year. The company issued third-quarter 2026 EPS guidance of $2.18–$2.38.
• Analysts maintain a favorable outlook, with the stock carrying an average “Buy” rating and a $378 price target. Shares opened at $280.94, while a company director separately sold 1,000 shares under a pre-arranged trading plan.

Integrated Wealth Concepts LLC trimmed its position in Onto Innovation Inc. (NYSE:ONTO - Free Report) by 18.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,532 shares of the semiconductor company's stock after selling 3,896 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Onto Innovation were worth $6,635,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ONTO. Fiduciary Financial Advisors bought a new position in shares of Onto Innovation in the second quarter worth approximately $25,000. Highland Investment Advisors LLC purchased a new stake in shares of Onto Innovation in the second quarter worth $25,000. Root Financial Partners LLC increased its stake in shares of Onto Innovation by 71.2% in the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 74 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in shares of Onto Innovation by 188.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 115 shares during the period. Finally, Millstone Evans Group LLC raised its position in shares of Onto Innovation by 147.8% during the 1st quarter. Millstone Evans Group LLC now owns 166 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 99 shares during the period. Institutional investors own 98.35% of the company's stock.

Insider Buying and Selling

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

Onto Innovation Trading Up 4.5%

Onto Innovation stock opened at $280.94 on Friday. The stock has a market cap of $13.79 billion, a P/E ratio of 105.62, a PEG ratio of 0.88 and a beta of 1.59. The company has a debt-to-equity ratio of 0.77, a current ratio of 9.73 and a quick ratio of 8.33. Onto Innovation Inc. has a 1 year low of $107.55 and a 1 year high of $386.46. The firm's 50 day moving average price is $287.29 and its 200-day moving average price is $269.97.

Onto Innovation (NYSE:ONTO - Get Free Report) last released its earnings results on Thursday, August 6th. The semiconductor company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.69 by $0.24. The firm had revenue of $343.13 million for the quarter, compared to the consensus estimate of $325.29 million. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The company's quarterly revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.25 earnings per share. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. On average, equities analysts predict that Onto Innovation Inc. will post 8.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

ONTO has been the topic of a number of analyst reports. Freedom Capital upgraded shares of Onto Innovation to a "strong-buy" rating in a research note on Wednesday, June 17th. Cantor Fitzgerald increased their price target on Onto Innovation from $350.00 to $410.00 and gave the stock an "overweight" rating in a research note on Monday, June 29th. Zacks Research raised Onto Innovation from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 14th. Needham & Company LLC boosted their price objective on Onto Innovation from $330.00 to $360.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Finally, B. Riley Financial reaffirmed a "buy" rating on shares of Onto Innovation in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $378.00.

About Onto Innovation

Onto Innovation Inc NYSE: ONTO develops process control, inspection, metrology and lithography systems used in the semiconductor and advanced packaging industries. Its technologies help chip manufacturers monitor and improve processes throughout wafer fabrication, packaging and other stages of production.

The company's products include optical metrology systems, wafer and macro-defect inspection tools, three-dimensional metrology solutions, lithography systems and process-control software.

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