Taylor Frigon Capital Management LLC Sells 12,352 Shares of Onto Innovation Inc. $ONTO

Key Points

• Taylor Frigon Capital Management LLC cut its stake in Onto Innovation by 44.9%, selling 12,352 shares and ending the quarter with 15,177 shares valued at $2.396 million.
• Onto Innovation reported Q4 EPS of $1.26 (missed consensus by $0.02) with revenue of $266.87 million slightly above estimates, and issued Q1 2026 guidance of $1.260–$1.360 EPS.
• Analysts are broadly positive with a consensus rating of Moderate Buy and a $260 target price, while major institutions (Vanguard, William Blair, Wellington) have materially increased positions and institutional ownership stands at 98.35%.

Taylor Frigon Capital Management LLC lowered its stake in shares of Onto Innovation Inc. (NYSE:ONTO - Free Report) by 44.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 15,177 shares of the semiconductor company's stock after selling 12,352 shares during the quarter. Taylor Frigon Capital Management LLC's holdings in Onto Innovation were worth $2,396,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Onto Innovation by 5.5% during the 3rd quarter. Vanguard Group Inc. now owns 5,667,404 shares of the semiconductor company's stock valued at $732,342,000 after purchasing an additional 294,393 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of Onto Innovation by 80.3% during the 3rd quarter. William Blair Investment Management LLC now owns 1,981,761 shares of the semiconductor company's stock valued at $256,083,000 after purchasing an additional 882,901 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Onto Innovation by 1,217.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,398,995 shares of the semiconductor company's stock valued at $180,778,000 after purchasing an additional 1,292,772 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Onto Innovation by 65.2% during the 3rd quarter. Franklin Resources Inc. now owns 1,114,501 shares of the semiconductor company's stock valued at $144,016,000 after purchasing an additional 440,035 shares during the last quarter. Finally, Paradigm Capital Management Inc. NY increased its position in shares of Onto Innovation by 0.7% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,112,839 shares of the semiconductor company's stock valued at $112,319,000 after purchasing an additional 7,900 shares during the last quarter. Institutional investors own 98.35% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Jefferies Financial Group restated a "buy" rating and set a $300.00 price objective on shares of Onto Innovation in a report on Friday, February 20th. Cantor Fitzgerald boosted their price objective on Onto Innovation from $275.00 to $300.00 and gave the company an "overweight" rating in a report on Monday, April 6th. Evercore restated an "outperform" rating and set a $250.00 price objective on shares of Onto Innovation in a report on Thursday, February 19th. Zacks Research upgraded Onto Innovation from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 31st. Finally, Needham & Company LLC boosted their price objective on Onto Innovation from $260.00 to $275.00 and gave the company a "buy" rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $260.00.

Onto Innovation Stock Down 1.0%

ONTO opened at $258.95 on Thursday. The business has a fifty day moving average of $213.91 and a 200 day moving average of $177.14. Onto Innovation Inc. has a 52-week low of $85.88 and a 52-week high of $263.39. The stock has a market cap of $12.88 billion, a P/E ratio of 93.49, a PEG ratio of 1.36 and a beta of 1.47.

Onto Innovation (NYSE:ONTO - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $265.78 million. During the same quarter in the previous year, the firm earned $1.51 EPS. Onto Innovation's 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 anticipate that Onto Innovation Inc. will post 6.26 EPS for the current fiscal year.

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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