Onto Innovation Inc. $ONTO Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group trimmed its stake in Onto Innovation by 1.6% in Q4, selling 91,099 shares and now holds 5,576,305 shares (11.38% of the company) worth about $880.3 million.
• Several institutions materially increased positions—Wellington (+1,217%), William Blair (+80.3%), Franklin Resources (+65.2%) and M&T Bank (+11,228.9%)—and 98.35% of ONTO is owned by institutional investors.
• Onto Innovation has a $14.57 billion market cap and a high valuation (PE 105.75); it reported Q4 EPS of $1.26 (missed by $0.02) with revenue up 1.1% YoY and Q1 guidance of $1.260–1.360, while analysts have an average price target of about $300.63 after several upgrades.

Vanguard Group Inc. reduced its stake in shares of Onto Innovation Inc. (NYSE:ONTO - Free Report) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,576,305 shares of the semiconductor company's stock after selling 91,099 shares during the quarter. Vanguard Group Inc. owned 11.38% of Onto Innovation worth $880,276,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ONTO. Wellington Management Group LLP grew 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 worth $180,778,000 after buying an additional 1,292,772 shares during the period. William Blair Investment Management LLC grew its position in Onto Innovation by 80.3% during the third quarter. William Blair Investment Management LLC now owns 1,981,761 shares of the semiconductor company's stock worth $256,083,000 after buying an additional 882,901 shares during the period. Franklin Resources Inc. grew its position in Onto Innovation by 65.2% during the third quarter. Franklin Resources Inc. now owns 1,114,501 shares of the semiconductor company's stock worth $144,016,000 after buying an additional 440,035 shares during the period. BNP Paribas Financial Markets grew its position in Onto Innovation by 342.6% during the second quarter. BNP Paribas Financial Markets now owns 566,116 shares of the semiconductor company's stock worth $57,138,000 after buying an additional 438,217 shares during the period. Finally, M&T Bank Corp grew its position in Onto Innovation by 11,228.9% during the fourth quarter. M&T Bank Corp now owns 341,112 shares of the semiconductor company's stock worth $53,848,000 after buying an additional 338,101 shares during the period. 98.35% of the stock is currently owned by institutional investors and hedge funds.

Onto Innovation Price Performance

ONTO stock opened at $292.94 on Friday. The company's 50 day simple moving average is $230.54 and its 200-day simple moving average is $189.09. The firm has a market capitalization of $14.57 billion, a PE ratio of 105.75, a P/E/G ratio of 1.45 and a beta of 1.70. Onto Innovation Inc. has a 12 month low of $85.88 and a 12 month high of $316.00.

Onto Innovation (NYSE:ONTO - Get Free Report) last released 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). The business had revenue of $266.87 million during the quarter, compared to analyst estimates of $265.78 million. Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The firm's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.51 earnings per share. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. As a group, sell-side analysts anticipate that Onto Innovation Inc. will post 6.72 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ONTO shares. Oppenheimer upped their target price on shares of Onto Innovation from $265.00 to $350.00 and gave the stock an "outperform" rating in a research report on Friday, April 17th. Stifel Nicolaus set a $350.00 target price on shares of Onto Innovation and gave the stock a "buy" rating in a research report on Friday, April 17th. B. Riley Financial increased their price target on shares of Onto Innovation from $275.00 to $310.00 and gave the company a "buy" rating in a research report on Monday, April 13th. Evercore reiterated an "outperform" rating and issued a $315.00 price target on shares of Onto Innovation in a research report on Friday, April 17th. Finally, Weiss Ratings upgraded shares of Onto Innovation from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average 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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