EFG International AG Invests $11.82 Million in Onto Innovation Inc. $ONTO

EFG International AG acquired a new position in Onto Innovation Inc. (NYSE:ONTO) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 31,200 shares of the semiconductor company’s stock, valued at approximately $11,817,000. EFG International AG owned about 0.06% of Onto Innovation as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. NewEdge Advisors LLC boosted its stake in shares of Onto Innovation by 312.5% in the 1st quarter. NewEdge Advisors LLC now owns 4,121 shares of the semiconductor company’s stock worth $500,000 after buying an additional 3,122 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Onto Innovation by 76.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 482,256 shares of the semiconductor company’s stock worth $58,517,000 after buying an additional 208,907 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Onto Innovation by 8.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 163,259 shares of the semiconductor company’s stock valued at $19,810,000 after purchasing an additional 13,175 shares in the last quarter. Cetera Investment Advisers grew its holdings in Onto Innovation by 6.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,017 shares of the semiconductor company’s stock valued at $405,000 after buying an additional 238 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in Onto Innovation by 182.4% during the second quarter. Russell Investments Group Ltd. now owns 6,631 shares of the semiconductor company’s stock valued at $666,000 after acquiring an additional 4,283 shares in the last quarter. Institutional investors own 98.35% of the company’s stock.

Onto Innovation Stock Up 3.3%

ONTO opened at $292.38 on Wednesday. The firm’s 50 day simple moving average is $303.38 and its two-hundred day simple moving average is $265.18. The company has a market capitalization of $14.35 billion, a PE ratio of 109.92, a PEG ratio of 0.94 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 current ratio of 9.73, a quick ratio of 8.33 and a debt-to-equity ratio of 0.77.

Onto Innovation (NYSE:ONTO) last issued its quarterly earnings data 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 firm had revenue of $343.13 million during the quarter, compared to the consensus estimate of $325.29 million. During the same quarter in the previous year, the firm posted $1.25 EPS. The company’s revenue for the quarter was up 35.3% compared to the same quarter last year. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. As a group, equities analysts forecast that Onto Innovation Inc. will post 7.88 EPS for the current year.

Insider Buying and Selling at Onto Innovation

In other news, Director Susan D. Lynch sold 1,000 shares of Onto Innovation stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $302.30, for a total transaction of $302,300.00. Following the transaction, the director directly owned 2,684 shares of the company’s stock, valued at $811,373.20. The trade was a 27.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ONTO. The Goldman Sachs Group started coverage on Onto Innovation in a research report on Monday, August 17th. They set a “buy” rating and a $400.00 target price for the company. Weiss Ratings raised shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Jefferies Financial Group lifted their price objective on Onto Innovation from $350.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Freedom Capital raised shares of Onto Innovation to a “strong-buy” rating in a research note on Wednesday, June 17th. Finally, B. Riley Financial reissued a “buy” rating on shares of Onto Innovation in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target 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.