Hsbc Holdings PLC Invests $2.36 Million in Onto Innovation Inc. $ONTO

Hsbc Holdings PLC acquired a new stake in Onto Innovation Inc. (NYSE:ONTO) during the second quarter, Holdings Channel reports. The institutional investor acquired 6,210 shares of the semiconductor company’s stock, valued at approximately $2,364,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fiduciary Financial Advisors acquired a new stake in Onto Innovation in the 2nd quarter valued at $25,000. CoreCap Advisors LLC acquired a new position in shares of Onto Innovation during the 2nd quarter worth about $38,000. Rakuten Securities Inc. acquired a new position in shares of Onto Innovation during the 2nd quarter worth about $40,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Onto Innovation during the 2nd quarter worth about $42,000. Finally, Harbor Investment Advisory LLC bought a new position in shares of Onto Innovation in the 2nd quarter valued at about $47,000. 98.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ONTO has been the topic of a number of recent research reports. B. Riley Financial reaffirmed a “buy” rating on shares of Onto Innovation in a research report on Friday, August 7th. Cantor Fitzgerald increased their price target on Onto Innovation from $350.00 to $410.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft initiated coverage on Onto Innovation in a research note on Friday, June 5th. They issued a “buy” rating and a $350.00 price target for the company. Evercore reiterated an “outperform” rating and set a $390.00 price objective on shares of Onto Innovation in a research note on Friday, August 7th. Finally, Wall Street Zen raised Onto Innovation from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $380.30.

Onto Innovation Price Performance

NYSE:ONTO opened at $270.85 on Monday. Onto Innovation Inc. has a one year low of $101.00 and a one year high of $386.46. The company has a market cap of $13.29 billion, a P/E ratio of 101.82, a P/E/G ratio of 0.90 and a beta of 1.59. The firm’s fifty day moving average price is $300.77 and its two-hundred day moving average price is $266.90. The company has a debt-to-equity ratio of 0.77, a current ratio of 9.73 and a quick ratio of 8.33.

Onto Innovation (NYSE:ONTO) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.24. The company had revenue of $343.13 million during the quarter, compared to analysts’ expectations 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 previous year, the company posted $1.25 earnings per share. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. Equities analysts expect that Onto Innovation Inc. will post 7.88 earnings per share for the current year.

Insiders Place Their Bets

In other Onto Innovation news, Director Susan D. Lynch sold 1,000 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $302.30, for a total value of $302,300.00. Following the completion of the sale, the director owned 2,684 shares of the company’s stock, valued at $811,373.20. The trade was a 27.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

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.