Moody National Bank Trust Division Buys Shares of 7,092 Onto Innovation Inc. $ONTO

Moody National Bank Trust Division purchased a new position in shares of Onto Innovation Inc. (NYSE:ONTO) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,092 shares of the semiconductor company’s stock, valued at approximately $916,000.

A number of other large investors also recently modified their holdings of the company. Brooklyn Investment Group boosted its holdings in shares of Onto Innovation by 3,690.9% during the 1st quarter. Brooklyn Investment Group now owns 417 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 406 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Onto Innovation by 206.9% in the second quarter. EverSource Wealth Advisors LLC now owns 577 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 389 shares during the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of Onto Innovation by 148.5% during the second quarter. SBI Securities Co. Ltd. now owns 671 shares of the semiconductor company’s stock valued at $68,000 after purchasing an additional 401 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Onto Innovation by 27.2% during the first quarter. Smartleaf Asset Management LLC now owns 697 shares of the semiconductor company’s stock valued at $85,000 after purchasing an additional 149 shares in the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Onto Innovation by 13.9% during the second quarter. Signaturefd LLC now owns 854 shares of the semiconductor company’s stock worth $86,000 after purchasing an additional 104 shares during the last quarter. 98.35% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Jefferies Financial Group raised their price objective on shares of Onto Innovation from $170.00 to $200.00 and gave the company a “buy” rating in a report on Monday. Evercore ISI raised their price target on shares of Onto Innovation from $115.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, November 4th. Oppenheimer lifted their price target on shares of Onto Innovation from $130.00 to $180.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Stifel Nicolaus increased their price objective on Onto Innovation from $110.00 to $120.00 and gave the company a “hold” rating in a report on Monday, October 13th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $170.00 target price on shares of Onto Innovation in a research report on Tuesday. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $165.00.

Onto Innovation Stock Performance

Shares of NYSE ONTO opened at $147.78 on Thursday. The company’s 50 day moving average price is $139.21 and its 200-day moving average price is $118.19. Onto Innovation Inc. has a 52-week low of $85.88 and a 52-week high of $228.42. The company has a market capitalization of $7.24 billion, a P/E ratio of 41.75, a price-to-earnings-growth ratio of 1.04 and a beta of 1.48.

Onto Innovation (NYSE:ONTO) last announced its earnings results on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The business had revenue of $218.19 million during the quarter, compared to the consensus estimate of $220.23 million. Onto Innovation had a net margin of 17.46% and a return on equity of 13.11%. Onto Innovation’s quarterly revenue was down 13.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.34 earnings per share. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. Analysts forecast that Onto Innovation Inc. will post 6.26 earnings per share for the current year.

Onto Innovation Profile

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.