Eagle Rock Investment Company LLC Grows Position in Onto Innovation Inc. $ONTO

Eagle Rock Investment Company LLC boosted its position in shares of Onto Innovation Inc. (NYSE:ONTO) by 99.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,037 shares of the semiconductor company’s stock after buying an additional 5,000 shares during the period. Eagle Rock Investment Company LLC’s holdings in Onto Innovation were worth $1,584,000 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 ONTO. Westside Investment Management Inc. boosted its holdings in shares of Onto Innovation by 100.0% in the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 99 shares during the period. Blue Trust Inc. increased its holdings in shares of 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 acquiring an additional 268 shares during the period. Harbor Investment Advisory LLC acquired a new position in shares of Onto Innovation in the 3rd quarter valued at $37,000. Danske Bank A S purchased a new stake in Onto Innovation in the 3rd quarter valued at $39,000. Finally, Farther Finance Advisors LLC raised its position in Onto Innovation by 76.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Onto Innovation Price Performance

Shares of NYSE ONTO opened at $204.12 on Friday. The stock has a fifty day moving average price of $208.21 and a 200 day moving average price of $166.79. Onto Innovation Inc. has a 1-year low of $85.88 and a 1-year high of $232.49. The company has a market cap of $10.14 billion, a PE ratio of 73.69, a P/E/G ratio of 1.07 and a beta of 1.47.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings data on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share (EPS) 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 analyst estimates of $265.78 million. Onto Innovation had a net margin of 13.60% and a return on equity of 12.20%. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.51 earnings per share. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. Analysts anticipate that Onto Innovation Inc. will post 6.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ONTO. Stifel Nicolaus set a $220.00 price objective on shares of Onto Innovation in a research report on Friday, February 20th. Cantor Fitzgerald raised shares of Onto Innovation from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $275.00 in a report on Monday, February 16th. B. Riley Financial increased their target price on shares of Onto Innovation from $240.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Evercore reissued an “outperform” rating and set a $250.00 price target on shares of Onto Innovation in a report on Thursday, February 19th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $300.00 price target on shares of Onto Innovation in a research report on Friday, February 20th. One 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $252.50.

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.