Onto Innovation Inc. $ONTO Shares Acquired by Nicholas Company Inc.

Nicholas Company Inc. grew its stake in Onto Innovation Inc. (NYSE:ONTO) by 31.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,816 shares of the semiconductor company’s stock after purchasing an additional 9,385 shares during the quarter. Nicholas Company Inc. owned approximately 0.08% of Onto Innovation worth $3,918,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Jennison Associates LLC grew its position in shares of Onto Innovation by 2.9% during the 1st quarter. Jennison Associates LLC now owns 3,142 shares of the semiconductor company’s stock valued at $381,000 after buying an additional 90 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in shares of Onto Innovation by 2.6% during the 1st quarter. Crossmark Global Holdings Inc. now owns 3,860 shares of the semiconductor company’s stock valued at $468,000 after buying an additional 98 shares during the last quarter. Peterson Wealth Services grew its position in shares of Onto Innovation by 2.2% during the 1st quarter. Peterson Wealth Services now owns 4,585 shares of the semiconductor company’s stock valued at $556,000 after buying an additional 98 shares during the last quarter. State of Michigan Retirement System grew its position in shares of Onto Innovation by 0.9% during the 1st quarter. State of Michigan Retirement System now owns 11,800 shares of the semiconductor company’s stock valued at $1,432,000 after buying an additional 100 shares during the last quarter. Finally, Berbice Capital Management LLC grew its position in shares of Onto Innovation by 33.3% during the 1st quarter. Berbice Capital Management LLC now owns 400 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 100 shares during the last quarter. Institutional investors own 98.35% of the company’s stock.

Onto Innovation Trading Down 1.5%

NYSE ONTO opened at $134.96 on Friday. Onto Innovation Inc. has a 52 week low of $85.88 and a 52 week high of $228.42. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 33.41, a price-to-earnings-growth ratio of 0.94 and a beta of 1.61. The company has a 50-day moving average price of $124.08 and a two-hundred day moving average price of $110.38.

Onto Innovation (NYSE:ONTO) last posted its earnings results on Thursday, August 7th. The semiconductor company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.02). Onto Innovation had a return on equity of 14.38% and a net margin of 19.29%.The firm had revenue of $253.60 million during the quarter, compared to the consensus estimate of $250.56 million. During the same quarter last year, the company posted $1.32 EPS. Onto Innovation’s revenue for the quarter was up 4.7% on a year-over-year basis. Onto Innovation has set its Q3 2025 guidance at 0.750-0.950 EPS. As a group, equities research analysts expect that Onto Innovation Inc. will post 6.26 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ONTO. B. Riley boosted their price objective on shares of Onto Innovation from $145.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, October 10th. Stifel Nicolaus boosted their price objective on shares of Onto Innovation from $110.00 to $120.00 and gave the company a “hold” rating in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Onto Innovation in a research report on Wednesday, October 8th. Benchmark lowered their price objective on shares of Onto Innovation from $190.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Finally, Oppenheimer boosted their price objective on shares of Onto Innovation from $130.00 to $180.00 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Onto Innovation has an average rating of “Moderate Buy” and a consensus price target of $148.57.

Onto Innovation 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.