Stanley Laman Group Ltd. Cuts Stock Holdings in Onto Innovation Inc. $ONTO

Stanley Laman Group Ltd. decreased its holdings in shares of Onto Innovation Inc. (NYSE:ONTO) by 8.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 30,507 shares of the semiconductor company’s stock after selling 2,726 shares during the period. Stanley Laman Group Ltd.’s holdings in Onto Innovation were worth $4,816,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Onto Innovation by 5.5% during the 3rd quarter. Vanguard Group Inc. now owns 5,667,404 shares of the semiconductor company’s stock valued at $732,342,000 after purchasing an additional 294,393 shares during the period. William Blair Investment Management LLC increased its position in Onto Innovation by 80.3% during the 3rd quarter. William Blair Investment Management LLC now owns 1,981,761 shares of the semiconductor company’s stock valued at $256,083,000 after purchasing an additional 882,901 shares during the period. Wellington Management Group LLP increased its position in Onto Innovation by 1,217.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,398,995 shares of the semiconductor company’s stock valued at $180,778,000 after purchasing an additional 1,292,772 shares during the period. Franklin Resources Inc. increased its position in Onto Innovation by 65.2% during the 3rd quarter. Franklin Resources Inc. now owns 1,114,501 shares of the semiconductor company’s stock valued at $144,016,000 after purchasing an additional 440,035 shares during the period. Finally, Paradigm Capital Management Inc. NY increased its position in Onto Innovation by 0.7% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,112,839 shares of the semiconductor company’s stock valued at $112,319,000 after purchasing an additional 7,900 shares during the period. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ONTO shares. Evercore reissued an “outperform” rating and set a $250.00 target price on shares of Onto Innovation in a research report on Thursday, February 19th. Oppenheimer reissued an “outperform” rating and set a $265.00 target price on shares of Onto Innovation in a research report on Friday, February 20th. Cantor Fitzgerald raised their target price on shares of Onto Innovation from $275.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, April 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Onto Innovation in a research report on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $255.63.

Onto Innovation Stock Performance

NYSE:ONTO opened at $256.80 on Monday. Onto Innovation Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $258.99. The stock has a market capitalization of $12.77 billion, a P/E ratio of 92.71, a P/E/G ratio of 1.34 and a beta of 1.47. The company’s 50-day simple moving average is $210.25 and its 200-day simple moving average is $174.75.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings results on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.02). Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The firm had revenue of $266.87 million during the quarter, compared to the consensus estimate of $265.78 million. During the same quarter in the prior year, the business posted $1.51 earnings per share. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. On average, research analysts forecast that Onto Innovation Inc. will post 6.26 EPS for the current year.

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.