Swedbank AB Sells 29,900 Shares of Onto Innovation Inc. $ONTO

Posted by on May 27th, 2026

Swedbank AB reduced its stake in Onto Innovation Inc. (NYSE:ONTO – Free Report) by 26.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 82,600 shares of the semiconductor company’s stock after selling 29,900 shares during the quarter. Swedbank AB’s holdings in Onto Innovation were worth $13,039,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of Onto Innovation by 31.2% in the 3rd quarter. Principal Financial Group Inc. now owns 145,532 shares of the semiconductor company’s stock worth $18,806,000 after purchasing an additional 34,567 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Onto Innovation by 64.9% in the 3rd quarter. New York State Common Retirement Fund now owns 117,232 shares of the semiconductor company’s stock worth $15,149,000 after purchasing an additional 46,118 shares in the last quarter. EFG Asset Management North America Corp. bought a new stake in shares of Onto Innovation in the 3rd quarter worth approximately $1,549,000. Eagle Rock Investment Company LLC lifted its position in Onto Innovation by 99.3% in the 4th quarter. Eagle Rock Investment Company LLC now owns 10,037 shares of the semiconductor company’s stock valued at $1,584,000 after acquiring an additional 5,000 shares in the last quarter. Finally, CWM LLC lifted its position in Onto Innovation by 361.2% in the 4th quarter. CWM LLC now owns 20,068 shares of the semiconductor company’s stock valued at $3,168,000 after acquiring an additional 15,717 shares in the last quarter. 98.35% of the stock is owned by institutional investors.

Onto Innovation Price Performance

NYSE:ONTO opened at $274.27 on Wednesday. The firm has a market capitalization of $13.64 billion, a price-to-earnings ratio of 128.16, a price-to-earnings-growth ratio of 1.28 and a beta of 1.70. Onto Innovation Inc. has a one year low of $89.40 and a one year high of $316.00. The business has a fifty day moving average price of $252.60 and a 200-day moving average price of $205.27.

Onto Innovation (NYSE:ONTO – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.38 by $0.04. The firm had revenue of $291.95 million during the quarter, compared to analyst estimates of $292.00 million. Onto Innovation had a return on equity of 11.68% and a net margin of 10.32%.Onto Innovation’s revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.51 EPS. On average, equities research analysts expect that Onto Innovation Inc. will post 6.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

ONTO has been the topic of several analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $350.00 price objective on shares of Onto Innovation in a research report on Wednesday, May 6th. Weiss Ratings raised Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, April 27th. B. Riley Financial upped their price objective on Onto Innovation from $275.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Stifel Nicolaus set a $350.00 price objective on Onto Innovation and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Wall Street Zen raised Onto Innovation from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Onto Innovation has a consensus rating of “Buy” and a consensus price target of $310.63.

View Our Latest Research Report on ONTO

Onto Innovation Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Onto Innovation (NYSE:ONTO)

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