Q1 EPS Estimates for Onto Innovation Boosted by Analyst

Onto Innovation Inc. (NYSE:ONTO) – Stock analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for Onto Innovation in a report released on Thursday, February 27th. Zacks Research analyst R. Department now expects that the semiconductor company will post earnings of $1.46 per share for the quarter, up from their prior forecast of $1.39. The consensus estimate for Onto Innovation’s current full-year earnings is $6.26 per share. Zacks Research also issued estimates for Onto Innovation’s Q2 2025 earnings at $1.49 EPS, Q3 2025 earnings at $1.60 EPS, Q4 2025 earnings at $1.68 EPS, FY2025 earnings at $6.23 EPS, Q1 2026 earnings at $1.79 EPS, Q2 2026 earnings at $1.74 EPS, Q3 2026 earnings at $1.85 EPS, Q4 2026 earnings at $1.94 EPS, FY2026 earnings at $7.32 EPS and FY2027 earnings at $8.26 EPS.

Several other research firms have also recently issued reports on ONTO. Stifel Nicolaus decreased their price objective on Onto Innovation from $270.00 to $250.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Needham & Company LLC reiterated a “buy” rating and set a $230.00 price objective on shares of Onto Innovation in a report on Friday, February 7th. Benchmark reaffirmed a “buy” rating and set a $230.00 price target on shares of Onto Innovation in a research report on Friday, February 7th. Cantor Fitzgerald restated an “overweight” rating and set a $250.00 price objective on shares of Onto Innovation in a report on Friday, February 7th. Finally, StockNews.com upgraded Onto Innovation from a “sell” rating to a “hold” rating in a report on Thursday, February 27th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $246.88.

Onto Innovation Stock Performance

Shares of ONTO opened at $135.03 on Monday. Onto Innovation has a 1 year low of $129.53 and a 1 year high of $238.93. The company’s 50 day simple moving average is $183.52 and its 200 day simple moving average is $187.23. The company has a market capitalization of $6.65 billion, a price-to-earnings ratio of 33.26, a PEG ratio of 0.89 and a beta of 1.31.

Onto Innovation (NYSE:ONTO) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.10. Onto Innovation had a net margin of 20.43% and a return on equity of 14.24%.

Institutional Trading of Onto Innovation

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Polar Asset Management Partners Inc. raised its position in Onto Innovation by 20.3% in the fourth quarter. Polar Asset Management Partners Inc. now owns 46,200 shares of the semiconductor company’s stock worth $7,700,000 after acquiring an additional 7,800 shares in the last quarter. GTS Securities LLC grew its position in Onto Innovation by 3.9% in the fourth quarter. GTS Securities LLC now owns 6,806 shares of the semiconductor company’s stock worth $1,134,000 after buying an additional 253 shares during the last quarter. Palisades Investment Partners LLC increased its holdings in shares of Onto Innovation by 9.5% in the fourth quarter. Palisades Investment Partners LLC now owns 20,412 shares of the semiconductor company’s stock valued at $3,402,000 after buying an additional 1,771 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Onto Innovation by 11.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 150,084 shares of the semiconductor company’s stock valued at $25,015,000 after acquiring an additional 15,961 shares during the last quarter. Finally, Voloridge Investment Management LLC bought a new stake in shares of Onto Innovation during the 4th quarter worth $3,104,000. Institutional investors own 98.35% of the company’s stock.

Insider Buying and Selling

In other Onto Innovation news, SVP Srinivas Vedula sold 827 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $205.00, for a total transaction of $169,535.00. Following the sale, the senior vice president now directly owns 15,223 shares in the company, valued at approximately $3,120,715. The trade was a 5.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael P. Plisinski sold 20,000 shares of the stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $200.19, for a total transaction of $4,003,800.00. Following the completion of the transaction, the chief executive officer now owns 215,492 shares of the company’s stock, valued at $43,139,343.48. This trade represents a 8.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 85,827 shares of company stock worth $18,182,185 in the last three months. 0.72% of the stock is owned by insiders.

About Onto Innovation

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.