Onto Innovation Inc. $ONTO Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Onto Innovation Inc. (NYSE:ONTO - Free Report) by 61.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,462 shares of the semiconductor company's stock after acquiring an additional 14,264 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Onto Innovation worth $3,781,000 at the end of the most recent quarter.

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Other large investors have also made changes to their positions in the company. Banque Cantonale Vaudoise acquired a new position in Onto Innovation in the 1st quarter valued at about $29,000. Brooklyn Investment Group grew its holdings in shares of Onto Innovation by 3,690.9% during the first quarter. Brooklyn Investment Group now owns 417 shares of the semiconductor company's stock worth $51,000 after buying an additional 406 shares in the last quarter. SBI Securities Co. Ltd. raised its position in shares of Onto Innovation by 148.5% in the second quarter. SBI Securities Co. Ltd. now owns 671 shares of the semiconductor company's stock valued at $68,000 after buying an additional 401 shares during the last quarter. Smartleaf Asset Management LLC lifted 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 buying an additional 149 shares during the period. Finally, Signaturefd LLC boosted its position in 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 acquiring an additional 104 shares during the last quarter. Institutional investors and hedge funds own 98.35% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ONTO. Needham & Company LLC reiterated a "buy" rating and issued a $150.00 price target on shares of Onto Innovation in a report on Tuesday, November 18th. Jefferies Financial Group raised Onto Innovation from a "hold" rating to a "buy" rating and lifted their price objective for the company from $100.00 to $170.00 in a research report on Tuesday, September 23rd. Weiss Ratings reiterated a "hold (c)" rating on shares of Onto Innovation in a research note on Wednesday, October 8th. B. Riley raised their price target on Onto Innovation from $173.00 to $180.00 and gave the stock a "buy" rating in a research note on Tuesday, November 18th. Finally, Stifel Nicolaus lifted their price target on Onto Innovation from $110.00 to $120.00 and gave the company a "hold" rating in a report on Monday, October 13th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $151.25.

Get Our Latest Analysis on ONTO

Onto Innovation Trading Up 1.5%

Shares of ONTO opened at $127.17 on Friday. Onto Innovation Inc. has a twelve month low of $85.88 and a twelve month high of $228.42. The firm has a market capitalization of $6.23 billion, a P/E ratio of 31.48, a price-to-earnings-growth ratio of 0.94 and a beta of 1.64. The stock's fifty day simple moving average is $131.63 and its 200 day simple moving average is $111.53.

Onto Innovation (NYSE:ONTO - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. The company had revenue of $218.19 million during the quarter, compared to analyst estimates of $220.23 million. Onto Innovation had a return on equity of 14.38% and a net margin of 19.29%.The firm's revenue was down 13.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.34 earnings per share. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. Sell-side analysts predict that Onto Innovation Inc. will post 6.26 earnings per share for the current year.

Onto Innovation Company 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.

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