Onto Innovation Inc. $ONTO Shares Purchased by Cwm LLC

Key Points

• Cwm LLC boosted its stake in Onto Innovation by 361.2%, buying 15,717 shares to own 20,068 shares worth about $3.17 million, highlighting fresh institutional buying interest.
• Onto Innovation reported $1.26 EPS for the quarter (missed consensus by $0.02) with revenue of $266.9 million, set Q1 2026 guidance of 1.260–1.360 EPS, and analysts forecast ~6.72 EPS for the fiscal year.
• The stock carries a market cap of about $14.55 billion, a high P/E of 105.6, a 52-week range of $85.88–$301.00, and consensus analyst coverage is predominantly bullish with an average price target of $300.63.

Cwm LLC boosted its position in shares of Onto Innovation Inc. (NYSE:ONTO - Free Report) by 361.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,068 shares of the semiconductor company's stock after buying an additional 15,717 shares during the period. Cwm LLC's holdings in Onto Innovation were worth $3,168,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Westside Investment Management Inc. raised its position in 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. boosted its stake in Onto Innovation by 2,061.5% during the 3rd quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company's stock worth $36,000 after purchasing an additional 268 shares during the period. Harbor Investment Advisory LLC purchased a new position in Onto Innovation during the 3rd quarter worth $37,000. Danske Bank A S purchased a new position in Onto Innovation during the 3rd quarter worth $39,000. Finally, Farther Finance Advisors LLC increased its stake in Onto Innovation by 76.8% in the third quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company's stock valued at $41,000 after purchasing 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 Down 1.6%

NYSE ONTO opened at $292.48 on Friday. The stock has a market capitalization of $14.55 billion, a price-to-earnings ratio of 105.59, a PEG ratio of 1.47 and a beta of 1.47. The business's 50 day moving average is $223.21 and its two-hundred day moving average is $183.20. Onto Innovation Inc. has a 12-month low of $85.88 and a 12-month high of $301.00.

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 the consensus estimate of $1.28 by ($0.02). Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The business had revenue of $266.87 million during the quarter, compared to analyst estimates of $265.78 million. During the same period in the prior year, the business earned $1.51 earnings per share. The firm's quarterly revenue was up 1.1% compared to the same quarter last year. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. Equities analysts forecast that Onto Innovation Inc. will post 6.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ONTO. Cantor Fitzgerald increased their target price 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. Oppenheimer lifted their target price on Onto Innovation from $265.00 to $350.00 and gave the company an "outperform" rating in a research note on Friday, April 17th. Stifel Nicolaus set a $350.00 target price on Onto Innovation and gave the company a "buy" rating in a report on Friday, April 17th. B. Riley Financial upped their price target on Onto Innovation from $275.00 to $310.00 and gave the stock a "buy" rating in a research note on Monday, April 13th. Finally, Zacks Research raised Onto Innovation from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 31st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $300.63.

Onto Innovation Company 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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