Fideuram Asset Management Ireland dac Takes $1.58 Million Position in Onto Innovation Inc. $ONTO

Fideuram Asset Management Ireland dac purchased a new stake in shares of Onto Innovation Inc. (NYSE:ONTO) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,328 shares of the semiconductor company’s stock, valued at approximately $1,583,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. raised its stake in shares of Onto Innovation by 100.0% during the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 99 shares in the last quarter. Danske Bank A S bought a new position in Onto Innovation in the third quarter worth approximately $39,000. Covestor Ltd raised its stake in Onto Innovation by 224.5% in the fourth quarter. Covestor Ltd now owns 305 shares of the semiconductor company’s stock worth $48,000 after buying an additional 211 shares in the last quarter. Torren Management LLC bought a new position in Onto Innovation in the fourth quarter worth approximately $49,000. Finally, Flagship Harbor Advisors LLC bought a new position in Onto Innovation in the fourth quarter worth approximately $61,000. Institutional investors own 98.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ONTO. Needham & Company LLC boosted their price objective on shares of Onto Innovation from $320.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. B. Riley Financial boosted their price objective on shares of Onto Innovation from $275.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Weiss Ratings raised shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Wall Street Zen raised shares of Onto Innovation from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $350.00 price objective on shares of Onto Innovation in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Onto Innovation has an average rating of “Buy” and a consensus target price of $310.63.

Onto Innovation Trading Down 0.3%

NYSE ONTO opened at $257.99 on Friday. The firm’s fifty day simple moving average is $256.42 and its two-hundred day simple moving average is $207.42. Onto Innovation Inc. has a 12-month low of $89.40 and a 12-month high of $316.00. The firm has a market capitalization of $12.83 billion, a P/E ratio of 120.56, a P/E/G ratio of 1.22 and a beta of 1.70.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.04. Onto Innovation had a net margin of 10.32% and a return on equity of 11.68%. The business had revenue of $291.95 million for the quarter, compared to analyst estimates of $292.00 million. During the same period in the previous year, the company earned $1.51 earnings per share. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. As a group, sell-side analysts predict that Onto Innovation Inc. will post 7.05 earnings per share for the current fiscal year.

Key Headlines Impacting Onto Innovation

Here are the key news stories impacting Onto Innovation this week:

• Positive Sentiment: Zacks Research raised its earnings forecasts for Onto Innovation across several periods, including FY2026 and FY2027, signaling confidence in the company’s growth outlook and future profit potential.
• Positive Sentiment: Needham recently increased its price target on Onto Innovation to $330 from $320 while keeping a Buy rating, reinforcing the bullish analyst backdrop for the shares.
• Neutral Sentiment: Market commentary highlighted Onto Innovation as one of several semiconductor and tech names benefiting from investor interest in AI-related chip and memory themes, which may keep sentiment constructive but is not company-specific. Here’s What the Street is Thinking About Onto Innovation Inc. (ONTO)
• Neutral Sentiment: Broader sector coverage also continues to list Onto Innovation among strong-buy semiconductor stocks, adding to the positive tone around the name. Why Onto Innovation Inc. (ONTO) Price Target Was Increased to $330 By Needham?

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.