<div id="readability-page-1"><p>Thrivent Financial for Lutherans boosted its stake in shares of  Onto Innovation Inc. (NYSE:ONTO - Free Report) by 73.1% in the third quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 509,827 shares of the semiconductor company's stock after buying an additional 215,274 shares during the period. Thrivent Financial for Lutherans owned approximately 1.04% of Onto Innovation worth $65,880,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Onto Innovation</strong> alerts:</span></p></div><ul><li>3 Chip Stocks Approaching Buy Points </li></ul><p>A number of other institutional investors and hedge funds have also bought and sold shares of ONTO. EFG Asset Management North America Corp. acquired a new stake in  Onto Innovation in the 3rd quarter worth about $1,549,000.  Universal Beteiligungs und Servicegesellschaft mbH raised its stake in  Onto Innovation by 36.6% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 51,176 shares of the semiconductor company's stock valued at $6,613,000 after purchasing an additional 13,714 shares during the last quarter.  Wealth Enhancement Advisory Services LLC purchased a new position in shares of  Onto Innovation in the second quarter worth about $258,000.  Liberty One Investment Management LLC purchased a new position in  Onto Innovation in the 3rd quarter worth approximately $1,408,000.  Finally, Connor Clark &amp; Lunn Investment Management Ltd. purchased a new position in  Onto Innovation during the second quarter worth approximately $1,997,000. 98.35% of the stock is currently owned by institutional investors. </p><h2>Onto Innovation Price Performance</h2><p>Shares of NYSE ONTO opened at $202.09 on Monday. The company has a market capitalization of $9.90 billion, a price-to-earnings ratio of 57.09, a price-to-earnings-growth ratio of 1.12 and a beta of 1.49. The business has a 50-day moving average of $174.33 and a two-hundred day moving average of $138.22. Onto Innovation Inc. has a 1 year low of $85.88 and a 1 year high of $227.07. </p><p>Onto Innovation (NYSE:ONTO - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.03. Onto Innovation had a return on equity of 13.11% and a net margin of 17.46%.The business had revenue of $218.19 million for the quarter, compared to the consensus estimate of $220.23 million. During the same quarter in the prior year, the business posted $1.34 EPS. The business's revenue for the quarter was down 13.5% on a year-over-year basis. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS.  As a group, equities research analysts expect that  Onto Innovation Inc. will post 6.26 earnings per share for the current year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts have recently commented on ONTO shares. Jefferies Financial Group lifted their price target on shares of Onto Innovation from $170.00 to $200.00 and gave the company a &#34;buy&#34; rating in a research report on Monday, December 15th. B. Riley boosted their price target on shares of Onto Innovation from $180.00 to $240.00 and gave the stock a &#34;buy&#34; rating in a research note on Thursday, January 15th. Stifel Nicolaus upped their price objective on Onto Innovation from $126.00 to $180.00 and gave the stock a &#34;hold&#34; rating in a research report on Wednesday, January 14th. Oppenheimer boosted their target price on Onto Innovation from $130.00 to $180.00 and gave the stock an &#34;outperform&#34; rating in a research note on Tuesday, October 14th. Finally, Needham &amp; Company LLC increased their price target on Onto Innovation from $200.00 to $260.00 and gave the company a &#34;buy&#34; rating in a research report on Tuesday, January 20th. One investment analyst  has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned  a Hold rating to the company's stock. Based on data from MarketBeat, Onto Innovation  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $193.75.</p><p><b>Read Our Latest Stock Report on Onto Innovation</b></p><h2>Onto Innovation Company Profile</h2> (Free Report)<p>Onto Innovation <span>NYSE: ONTO<span></span></span> 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Onto Innovation</li><li>Trump just signed it</li><li>New Banking Law #1582 Could Unlock $21 Trillion for Americans</li><li>Buy this Gold Stock Before May 2026</li><li>This is the Exact Moment the AI Boom Will End</li><li>GOLD ALERT</li></ul><p><strong>Want to see what other hedge funds are holding ONTO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Onto Innovation Inc. (NYSE:ONTO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9OVE8?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9OVE8"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Onto Innovation Right Now?</h2><p>Before you consider Onto Innovation, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Onto Innovation wasn't on the list.</p><p>While Onto Innovation currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ONTO

<p>Thrivent Financial for Lutherans increased its stake in Onto Innovation Inc. by 73.1% in Q3, acquiring 215,274 shares, bringing its total to 509,827 shares valued at approximately $65.88 million. Other institutional investors also increased their holdings in Onto Innovation. The company reported a quarterly EPS of $0.92, exceeding estimates, with revenue of $218.19 million, down 13.5% year-over-year. Analysts have set price targets for Onto Innovation, with a consensus rating of "Moderate Buy" and an average price target of $193.75.</p>

Thrivent Financial for Lutherans Acquires 215,274 Shares of Onto Innovation Inc. $ONTO