10,776 Shares in Onto Innovation Inc. $ONTO Bought by First National Bank of Omaha

First National Bank of Omaha bought a new position in shares of Onto Innovation Inc. (NYSE:ONTO) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,776 shares of the semiconductor company’s stock, valued at approximately $4,078,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ONTO. Andar Capital Management HK Ltd acquired a new stake in Onto Innovation during the 2nd quarter worth about $69,000,000. BlackRock Inc. acquired a new position in shares of Onto Innovation in the second quarter worth about $2,083,436,000. Wellington Management Group LLP boosted its holdings in shares of Onto Innovation by 1,217.0% in the third quarter. Wellington Management Group LLP now owns 1,398,995 shares of the semiconductor company’s stock worth $180,778,000 after buying an additional 1,292,772 shares during the period. Franklin Resources Inc. increased its position in shares of Onto Innovation by 21.4% in the fourth quarter. Franklin Resources Inc. now owns 1,353,001 shares of the semiconductor company’s stock worth $213,585,000 after acquiring an additional 238,500 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Onto Innovation by 45.4% in the fourth quarter. Geode Capital Management LLC now owns 1,127,532 shares of the semiconductor company’s stock worth $178,024,000 after acquiring an additional 352,316 shares in the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Trading Down 10.5%

Onto Innovation stock opened at $314.24 on Wednesday. Onto Innovation Inc. has a one year low of $101.00 and a one year high of $386.46. The company’s fifty day moving average price is $305.03 and its two-hundred day moving average price is $261.93. The company has a debt-to-equity ratio of 0.77, a current ratio of 9.73 and a quick ratio of 8.33. The company has a market capitalization of $15.42 billion, a price-to-earnings ratio of 118.13, a PEG ratio of 1.11 and a beta of 1.59.

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ONTO. Needham & Company LLC upped their price target on shares of Onto Innovation from $330.00 to $360.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Weiss Ratings downgraded shares of Onto Innovation from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Wall Street Zen raised Onto Innovation from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Jefferies Financial Group upped their price target on Onto Innovation from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Onto Innovation in a research note on Friday, June 5th. They issued a “buy” rating and a $350.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $380.30.

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.