Onto Innovation Inc. $ONTO Stock Position Cut by Bridge City Capital LLC

Posted by George Bondi on Jun 14th, 2026

Bridge City Capital LLC cut its position in shares of Onto Innovation Inc. (NYSE:ONTO – Free Report) by 10.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,405 shares of the semiconductor company’s stock after selling 4,937 shares during the period. Onto Innovation accounts for 2.0% of Bridge City Capital LLC’s holdings, making the stock its 10th biggest position. Bridge City Capital LLC’s holdings in Onto Innovation were worth $6,694,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in ONTO. NewEdge Advisors LLC boosted its holdings in Onto Innovation by 312.5% during the first quarter. NewEdge Advisors LLC now owns 4,121 shares of the semiconductor company’s stock worth $500,000 after buying an additional 3,122 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Onto Innovation by 76.4% during the first quarter. Goldman Sachs Group Inc. now owns 482,256 shares of the semiconductor company’s stock worth $58,517,000 after buying an additional 208,907 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Onto Innovation by 8.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 163,259 shares of the semiconductor company’s stock worth $19,810,000 after buying an additional 13,175 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Onto Innovation by 6.3% during the second quarter. Cetera Investment Advisers now owns 4,017 shares of the semiconductor company’s stock worth $405,000 after buying an additional 238 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Onto Innovation by 182.4% during the second quarter. Russell Investments Group Ltd. now owns 6,631 shares of the semiconductor company’s stock worth $666,000 after buying an additional 4,283 shares in the last quarter. 98.35% of the stock is owned by hedge funds and other institutional investors.

Onto Innovation Stock Performance

NYSE:ONTO opened at $323.62 on Friday. The company has a fifty day moving average of $270.56 and a two-hundred day moving average of $217.77. The stock has a market capitalization of $16.10 billion, a PE ratio of 151.23, a P/E/G ratio of 1.33 and a beta of 1.62. Onto Innovation Inc. has a fifty-two week low of $89.40 and a fifty-two week high of $326.96.

Onto Innovation (NYSE:ONTO – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.04. The company had revenue of $291.95 million during the quarter, compared to analysts’ expectations of $292.00 million. Onto Innovation had a net margin of 10.32% and a return on equity of 11.68%. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.51 earnings per share. Research analysts forecast that Onto Innovation Inc. will post 7.11 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ONTO shares. Needham & Company LLC increased their price target on shares of Onto Innovation from $320.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wall Street Zen raised shares of Onto Innovation from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Oppenheimer reissued an “outperform” rating on shares of Onto Innovation in a report on Monday, June 1st. Cantor Fitzgerald increased their price target on shares of Onto Innovation from $275.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, April 6th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Onto Innovation in a report on Friday, June 5th. They set a “buy” rating and a $350.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Onto Innovation currently has a consensus rating of “Buy” and an average target price of $315.00.

Check Out Our Latest Analysis on Onto Innovation

Onto Innovation 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.

Onto Innovation Inc. $ONTO Stock Position Cut by Bridge City Capital LLC

Onto Innovation Stock Performance

Wall Street Analyst Weigh In

Onto Innovation Profile

Further Reading

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