Divisar Capital Management LLC Has $22.63 Million Stock Holdings in Onto Innovation Inc. $ONTO

Divisar Capital Management LLC boosted its holdings in Onto Innovation Inc. (NYSE:ONTO) by 53.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 175,088 shares of the semiconductor company’s stock after buying an additional 61,000 shares during the quarter. Onto Innovation makes up 6.2% of Divisar Capital Management LLC’s holdings, making the stock its 7th biggest holding. Divisar Capital Management LLC’s holdings in Onto Innovation were worth $22,625,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Brevan Howard Capital Management LP bought a new position in shares of Onto Innovation in the third quarter worth about $3,436,000. Cinctive Capital Management LP bought a new stake in shares of Onto Innovation during the 3rd quarter valued at approximately $4,551,000. California Public Employees Retirement System increased its position in Onto Innovation by 1.0% during the 3rd quarter. California Public Employees Retirement System now owns 82,208 shares of the semiconductor company’s stock worth $10,623,000 after purchasing an additional 830 shares in the last quarter. Alliancebernstein L.P. increased its position in Onto Innovation by 0.4% during the 3rd quarter. Alliancebernstein L.P. now owns 63,947 shares of the semiconductor company’s stock worth $8,263,000 after purchasing an additional 235 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Onto Innovation by 28.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 107,603 shares of the semiconductor company’s stock valued at $13,904,000 after purchasing an additional 23,677 shares during the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

Wall Street Analysts Forecast Growth

ONTO has been the topic of a number of research reports. Needham & Company LLC boosted their target price on shares of Onto Innovation from $260.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Onto Innovation in a research note on Thursday, January 22nd. B. Riley Financial raised their price objective on Onto Innovation from $240.00 to $275.00 and gave the company a “buy” rating in a report on Friday, February 20th. Zacks Research upgraded Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $300.00 target price on shares of Onto Innovation in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $252.50.

More Onto Innovation News

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

• Positive Sentiment: Zacks lifted several FY2026 quarterly and full‑year EPS estimates (Q1 2026 to Q4 2026 and FY2026 raised to $5.69 from $5.51), signaling stronger near‑term profitability than previously modeled. This boosts FY2026 consensus versus prior Zacks views and supports the stock’s rally. Zacks raises FY2026 estimates
• Positive Sentiment: Zacks increased FY2027 and 2027 quarterly forecasts (FY2027 to $6.95, Q1 and Q3 2027 nudged higher), implying sustained growth beyond FY2026 and improving medium‑term earnings power — a constructive sign for investors focused on multi‑year upside. Zacks lifts FY2027 outlook
• Positive Sentiment: Zacks published a FY2028 estimate of $9.05 EPS, extending a bullish forward view that supports longer‑term growth expectations and justifies premium valuation metrics (ONTO currently trades with a relatively high P/E and PEG near 1.0). The longer‑horizon upgrade can attract growth‑oriented funds. Zacks issues FY2028 estimate

Onto Innovation Stock Performance

Shares of NYSE:ONTO opened at $189.67 on Monday. Onto Innovation Inc. has a 52-week low of $85.88 and a 52-week high of $232.49. The business’s 50 day simple moving average is $205.96 and its two-hundred day simple moving average is $160.52. The firm has a market cap of $9.43 billion, a P/E ratio of 68.47, a PEG ratio of 0.99 and a beta of 1.47.

Onto Innovation (NYSE:ONTO) last released its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.26 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $265.78 million. During the same quarter in the prior year, the firm earned $1.51 EPS. The company’s revenue was up 1.1% compared to the same quarter last year. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. On average, equities analysts forecast that Onto Innovation Inc. will post 6.26 earnings per share for the current fiscal year.

Onto Innovation 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.