EP Wealth Advisors LLC Invests $729,000 in Onto Innovation Inc. $ONTO

EP Wealth Advisors LLC bought a new position in shares of Onto Innovation Inc. (NYSE:ONTO) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 1,927 shares of the semiconductor company’s stock, valued at approximately $729,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC grew its stake in Onto Innovation by 71.2% during the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company’s stock worth $28,000 after buying an additional 74 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in shares of Onto Innovation by 188.5% in the 4th quarter. Transamerica Financial Advisors LLC now owns 176 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 115 shares in the last quarter. Millstone Evans Group LLC grew its position in Onto Innovation by 147.8% during the 1st quarter. Millstone Evans Group LLC now owns 166 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 99 shares during the last quarter. CoreCap Advisors LLC bought a new stake in Onto Innovation during the 2nd quarter worth approximately $38,000. Finally, CIBC Private Wealth Group LLC increased its holdings in Onto Innovation by 109.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 245 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 128 shares in the last quarter. 98.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

ONTO has been the subject of a number of research analyst reports. Cantor Fitzgerald lifted their price target on Onto Innovation from $350.00 to $410.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Needham & Company LLC increased their price objective on shares of Onto Innovation from $330.00 to $360.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Jefferies Financial Group boosted their target price on shares of Onto Innovation from $350.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Freedom Capital upgraded shares of Onto Innovation to a “strong-buy” rating in a research report on Wednesday, June 17th. Finally, Wall Street Zen raised shares of Onto Innovation from a “hold” rating to a “buy” rating in a research note on Sunday, August 9th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $380.30.

Onto Innovation Stock Down 3.4%

Shares of Onto Innovation stock opened at $283.21 on Tuesday. The firm has a market cap of $13.90 billion, a PE ratio of 106.47, a P/E/G ratio of 0.98 and a beta of 1.59. The business’s 50 day simple moving average is $303.86 and its 200 day simple moving average is $264.45. The company has a debt-to-equity ratio of 0.77, a quick ratio of 8.33 and a current ratio of 9.73. Onto Innovation Inc. has a 52-week low of $101.00 and a 52-week high of $386.46.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.24. The firm had revenue of $343.13 million during the quarter, compared to the consensus estimate of $325.29 million. Onto Innovation had a return on equity of 13.44% and a net margin of 11.84%.The business’s revenue was up 35.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.25 EPS. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. On average, analysts predict that Onto Innovation Inc. will post 7.88 earnings per share for the current fiscal 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.