Value Holdings Management CO. LLC Invests $38.66 Million in Onto Innovation Inc. $ONTO

Key Points

• Value Holdings Management initiated a $38.66 million position in Onto Innovation, purchasing 102,153 shares, or about 0.21% of the company. Institutional investors and hedge funds collectively own 98.35% of ONTO.
• Onto Innovation reported quarterly EPS of $1.93, exceeding the $1.69 consensus estimate, while revenue rose 35.3% year over year to $343.13 million. The company issued third-quarter 2026 EPS guidance of $2.18–$2.38.
• Analyst sentiment remains positive, with a consensus “Buy” rating and an average price target of $380.30, despite ONTO trading at $298.38 and a high P/E ratio of 112.17.

Value Holdings Management CO. LLC bought a new stake in Onto Innovation Inc. (NYSE:ONTO - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 102,153 shares of the semiconductor company's stock, valued at approximately $38,660,000. Onto Innovation accounts for about 6.5% of Value Holdings Management CO. LLC's investment portfolio, making the stock its 8th biggest holding. Value Holdings Management CO. LLC owned 0.21% of Onto Innovation as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in ONTO. Andar Capital Management HK Ltd acquired a new position in Onto Innovation in the 2nd quarter worth $69,000,000. BlackRock Inc. purchased a new position in Onto Innovation in the 2nd quarter valued at about $2,083,436,000. Wellington Management Group LLP grew its stake in shares of 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 acquiring an additional 1,292,772 shares in the last quarter. Norges Bank acquired a new stake in shares of Onto Innovation during the fourth quarter valued at about $104,938,000. Finally, Jennison Associates LLC increased its position in shares of Onto Innovation by 1,293.5% during the fourth quarter. Jennison Associates LLC now owns 680,822 shares of the semiconductor company's stock worth $107,475,000 after acquiring an additional 631,965 shares during the last quarter. 98.35% of the stock is owned by institutional investors and hedge funds.

Onto Innovation Price Performance

Shares of ONTO stock opened at $298.38 on Friday. The firm has a fifty day moving average of $305.52 and a two-hundred day moving average of $263.22. The firm has a market cap of $14.64 billion, a P/E ratio of 112.17, a P/E/G ratio of 1.00 and a beta of 1.59. Onto Innovation Inc. has a 1-year low of $101.00 and a 1-year high of $386.46. 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 (NYSE:ONTO - Get Free Report) last issued its earnings results on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.24. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The business had revenue of $343.13 million for the quarter, compared to analyst estimates of $325.29 million. During the same quarter in the prior year, the business posted $1.25 EPS. The company's revenue for the quarter was up 35.3% on a year-over-year basis. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. As a group, research analysts anticipate that Onto Innovation Inc. will post 7.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Weiss Ratings cut Onto Innovation from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, August 7th. Needham & Company LLC raised their price objective on Onto Innovation from $330.00 to $360.00 and gave the company a "buy" rating in a research note on Friday, August 7th. B. Riley Financial restated a "buy" rating on shares of Onto Innovation in a report on Friday, August 7th. Wall Street Zen raised Onto Innovation from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Finally, Zacks Research upgraded Onto Innovation from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Onto Innovation presently has a consensus rating of "Buy" and a consensus target price 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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