JPMorgan Chase & Co. Has $44.08 Million Holdings in Onto Innovation Inc. $ONTO

JPMorgan Chase & Co. decreased its stake in shares of Onto Innovation Inc. (NYSE:ONTO) by 34.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 341,134 shares of the semiconductor company’s stock after selling 183,129 shares during the quarter. JPMorgan Chase & Co.’s holdings in Onto Innovation were worth $44,081,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of ONTO. AIA Group Ltd bought a new stake in shares of Onto Innovation in the 3rd quarter valued at $1,246,000. Swiss Life Asset Management Ltd acquired a new position in shares of Onto Innovation during the 3rd quarter valued at $297,000. Danske Bank A S bought a new position in Onto Innovation during the third quarter worth $39,000. Silvant Capital Management LLC boosted its stake in Onto Innovation by 13.6% during the third quarter. Silvant Capital Management LLC now owns 5,528 shares of the semiconductor company’s stock worth $714,000 after acquiring an additional 660 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Onto Innovation in the third quarter worth $1,294,000. Institutional investors own 98.35% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on ONTO. Jefferies Financial Group reaffirmed a “buy” rating and issued a $300.00 price target on shares of Onto Innovation in a research note on Friday, February 20th. Weiss Ratings restated a “hold (c)” rating on shares of Onto Innovation in a research note on Thursday, January 22nd. Cantor Fitzgerald raised Onto Innovation from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $170.00 to $275.00 in a research report on Monday, February 16th. B. Riley Financial upped their price target on Onto Innovation from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Finally, Evercore reiterated an “outperform” rating and issued a $250.00 price target on shares of Onto Innovation in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $252.50.

Onto Innovation Trading Down 4.4%

Onto Innovation stock opened at $200.32 on Friday. The firm has a market capitalization of $9.96 billion, a price-to-earnings ratio of 72.32, a price-to-earnings-growth ratio of 1.04 and a beta of 1.47. The firm’s fifty day moving average price is $207.61 and its two-hundred day moving average price is $163.44. Onto Innovation Inc. has a 1-year low of $85.88 and a 1-year high of $232.49.

Onto Innovation (NYSE:ONTO) last posted its earnings results 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 return on equity of 12.20% and a net margin of 13.60%.The business had revenue of $266.87 million for the quarter, compared to the consensus estimate of $265.78 million. During the same period in the previous year, the firm earned $1.51 earnings per share. The company’s revenue was up 1.1% on a year-over-year basis. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. On average, research analysts forecast that Onto Innovation Inc. will post 6.26 EPS for the current 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.