Vise Technologies Inc. Buys Shares of 3,144 Onto Innovation Inc. $ONTO

Vise Technologies Inc. purchased a new position in shares of Onto Innovation Inc. (NYSE:ONTO) in the 2nd quarter, Holdings Channel reports. The firm purchased 3,144 shares of the semiconductor company’s stock, valued at approximately $1,190,000.

A number of other institutional investors also recently made changes to their positions in ONTO. Root Financial Partners LLC boosted its stake in shares of Onto Innovation by 71.2% during the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 74 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in Onto Innovation by 188.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 115 shares in the last quarter. Millstone Evans Group LLC raised its stake in Onto Innovation by 147.8% in 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 last quarter. CoreCap Advisors LLC acquired a new position in Onto Innovation in the 2nd quarter valued at about $38,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in Onto Innovation by 109.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 245 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 128 shares in the last quarter. 98.35% of the stock is owned by institutional investors and hedge funds.

Onto Innovation Stock Down 1.7%

Shares of NYSE:ONTO opened at $293.68 on Friday. The stock’s 50-day moving average price is $304.92 and its two-hundred day moving average price is $263.43. The company has a current ratio of 9.73, a quick ratio of 8.33 and a debt-to-equity ratio of 0.77. Onto Innovation Inc. has a 12-month low of $101.00 and a 12-month high of $386.46. The firm has a market cap of $14.41 billion, a price-to-earnings ratio of 110.41, a PEG ratio of 0.98 and a beta of 1.59.

Onto Innovation (NYSE:ONTO) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.69 by $0.24. Onto Innovation had a return on equity of 13.44% and a net margin of 11.84%.The company had revenue of $343.13 million during the quarter, compared to analysts’ expectations of $325.29 million. During the same quarter in the previous year, the business earned $1.25 EPS. The firm’s revenue was up 35.3% on a year-over-year basis. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. On average, research analysts forecast that Onto Innovation Inc. will post 7.88 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on ONTO shares. B. Riley Financial reaffirmed a “buy” rating on shares of Onto Innovation in a research note on Friday, August 7th. Needham & Company LLC boosted their price objective on shares of Onto Innovation from $330.00 to $360.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Jefferies Financial Group boosted their price objective on shares of Onto Innovation from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft began coverage on shares of Onto Innovation in a research note on Friday, June 5th. They set a “buy” rating and a $350.00 price objective on the stock. Finally, Cantor Fitzgerald raised their target price on shares of Onto Innovation from $350.00 to $410.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Onto Innovation has an average rating of “Buy” and a consensus target price of $380.30.

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.