308,400 Shares in Onto Innovation Inc. $ONTO Acquired by Junto Capital Management LP

Junto Capital Management LP purchased a new position in shares of Onto Innovation Inc. (NYSE:ONTO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 308,400 shares of the semiconductor company’s stock, valued at approximately $39,851,000. Junto Capital Management LP owned 0.63% of Onto Innovation as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westside Investment Management Inc. grew its position in shares of Onto Innovation by 100.0% during the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 99 shares during the last quarter. Blue Trust Inc. raised its position in Onto Innovation by 2,061.5% in the 3rd quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 268 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in Onto Innovation during the 3rd quarter worth $37,000. Farther Finance Advisors LLC boosted its stake in Onto Innovation by 76.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 139 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in Onto Innovation during the 3rd quarter worth $47,000. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Onto Innovation Price Performance

Shares of NYSE:ONTO opened at $189.67 on Monday. The firm has a market capitalization of $9.43 billion, a price-to-earnings ratio of 68.47, a price-to-earnings-growth ratio of 0.99 and a beta of 1.47. The business’s 50 day simple moving average is $205.96 and its 200-day simple moving average is $160.52. Onto Innovation Inc. has a 12 month low of $85.88 and a 12 month high of $232.49.

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

Onto Innovation News Summary

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on ONTO shares. Stifel Nicolaus set a $220.00 target price on shares of Onto Innovation in a report on Friday, February 20th. Needham & Company LLC raised their price target on Onto Innovation from $260.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, February 20th. B. Riley Financial boosted their price target on Onto Innovation from $240.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Oppenheimer reaffirmed an “outperform” rating and set a $265.00 price objective on shares of Onto Innovation in a research report on Friday, February 20th. Finally, Cantor Fitzgerald upgraded Onto Innovation from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $170.00 to $275.00 in a research note on Monday, February 16th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $252.50.

About Onto Innovation

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.