Onto Innovation Inc. $ONTO Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas reduced its position in shares of Onto Innovation Inc. (NYSE:ONTO) by 19.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,390 shares of the semiconductor company’s stock after selling 4,196 shares during the period. Teacher Retirement System of Texas’ holdings in Onto Innovation were worth $2,247,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ONTO. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Onto Innovation by 36.6% in the third 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 period. Wealth Enhancement Advisory Services LLC acquired a new stake in Onto Innovation during the 2nd quarter worth approximately $258,000. Liberty One Investment Management LLC purchased a new position in Onto Innovation in the 3rd quarter valued at approximately $1,408,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Onto Innovation in the 2nd quarter valued at approximately $1,997,000. Finally, Verdence Capital Advisors LLC acquired a new position in shares of Onto Innovation in the second quarter worth $2,920,000. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Onto Innovation Stock Down 0.4%

Shares of Onto Innovation stock opened at $212.79 on Friday. Onto Innovation Inc. has a 52 week low of $85.88 and a 52 week high of $227.07. The firm’s 50 day moving average is $172.83 and its two-hundred day moving average is $136.96. The firm has a market capitalization of $10.43 billion, a P/E ratio of 60.11, a P/E/G ratio of 1.18 and a beta of 1.46.

Onto Innovation (NYSE:ONTO) last issued its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 earnings per share for the quarter, topping the consensus estimate 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%. The company’s revenue was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.34 EPS. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. As a group, research analysts expect that Onto Innovation Inc. will post 6.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Jefferies Financial Group increased their price objective on Onto Innovation from $170.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Zacks Research raised Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Needham & Company LLC lifted their price objective on Onto Innovation from $200.00 to $260.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Onto Innovation in a research report on Thursday, January 22nd. Finally, B. Riley upped their target price on shares of Onto Innovation from $180.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $193.75.

Onto Innovation Company 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.