Public Employees Retirement System of Ohio Takes Position in Onto Innovation Inc. $ONTO

Public Employees Retirement System of Ohio bought a new stake in shares of Onto Innovation Inc. (NYSE:ONTO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,613 shares of the semiconductor company’s stock, valued at approximately $5,909,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers boosted its stake in shares of Onto Innovation by 15.6% during the first quarter. Cetera Investment Advisers now owns 13,266 shares of the semiconductor company’s stock valued at $2,720,000 after purchasing an additional 1,793 shares during the period. Entropy Technologies LP purchased a new position in shares of Onto Innovation in the first quarter worth $2,877,000. BlackRock Inc. bought a new stake in Onto Innovation during the 2nd quarter valued at $2,083,436,000. Andar Capital Management HK Ltd bought a new stake in Onto Innovation during the 2nd quarter valued at $69,000,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in Onto Innovation during the 4th quarter valued at $1,583,000. 98.35% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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

Onto Innovation Stock Performance

Shares of ONTO opened at $254.95 on Thursday. The business’s fifty day simple moving average is $296.63 and its two-hundred day simple moving average is $267.77. 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 Inc. has a 12 month low of $101.06 and a 12 month high of $386.46. The company has a market cap of $12.51 billion, a price-to-earnings ratio of 95.85, a P/E/G ratio of 0.84 and a beta of 1.59.

Onto Innovation (NYSE:ONTO) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.24. The firm had revenue of $343.13 million during the quarter, compared to analysts’ expectations of $325.29 million. Onto Innovation had a return on equity of 13.44% and a net margin of 11.84%.The company’s revenue was up 35.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.25 earnings per share. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. Research analysts anticipate that Onto Innovation Inc. will post 8.04 earnings per share for the current fiscal year.

Trending Headlines about Onto Innovation

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

• Positive Sentiment: Analyst estimates increased: Zacks Research raised its “Strong Buy” outlook and lifted EPS forecasts across 2026–2028. Estimates now call for $7.88 in FY2026, $10.88 in FY2027 and $12.22 in FY2028, up from prior forecasts of $6.78, $8.71 and $9.44, respectively. The firm also increased its Q3 2026 estimate to $2.20 from $1.73. The revisions suggest stronger anticipated demand and earnings growth for Onto’s semiconductor-inspection business. MarketBeat Onto Innovation analyst estimates
• Neutral Sentiment: Insider stock sale: Director Lynch sold 1,000 shares for approximately $302,000 on August 21, representing about 27% of his directly held shares before the filing. The sale may raise caution about insider sentiment, although it does not establish that management expects weaker operating results. Onto Innovation director stock sale
• Negative Sentiment: Shareholder investigation announced: Levi & Korsinsky said it is investigating possible breaches of fiduciary duties by certain Onto Innovation officers and directors. The announcement does not allege that wrongdoing has been proven, but it creates legal and governance uncertainty and is the clearest near-term negative catalyst for the stock. Levi and Korsinsky Onto Innovation investigation

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ONTO shares. Freedom Capital raised shares of Onto Innovation to a “strong-buy” rating in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft assumed coverage on Onto Innovation in a research report on Friday, June 5th. They set a “buy” rating and a $350.00 price target for the company. 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. Cantor Fitzgerald boosted their target price on Onto Innovation from $350.00 to $410.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Finally, Wall Street Zen upgraded Onto Innovation from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $380.30.

About Onto Innovation

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.