Hsbc Holdings PLC Has $7.11 Million Stake in Onto Innovation Inc. $ONTO

Hsbc Holdings PLC boosted its holdings in Onto Innovation Inc. (NYSE:ONTO) by 77.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 69,801 shares of the semiconductor company’s stock after acquiring an additional 30,562 shares during the quarter. Hsbc Holdings PLC’s holdings in Onto Innovation were worth $7,111,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brooklyn Investment Group lifted its stake in shares of Onto Innovation by 3,690.9% in the first quarter. Brooklyn Investment Group now owns 417 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 406 shares in the last quarter. SBI Securities Co. Ltd. increased its position in shares of Onto Innovation by 148.5% during the second quarter. SBI Securities Co. Ltd. now owns 671 shares of the semiconductor company’s stock worth $68,000 after acquiring an additional 401 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Onto Innovation by 27.2% in the 1st quarter. Smartleaf Asset Management LLC now owns 697 shares of the semiconductor company’s stock worth $85,000 after acquiring an additional 149 shares during the last quarter. Signaturefd LLC lifted its position in Onto Innovation by 13.9% in the 2nd quarter. Signaturefd LLC now owns 854 shares of the semiconductor company’s stock valued at $86,000 after acquiring an additional 104 shares in the last quarter. Finally, Quarry LP boosted its stake in Onto Innovation by 3,611.1% during the 1st quarter. Quarry LP now owns 1,336 shares of the semiconductor company’s stock valued at $162,000 after purchasing an additional 1,300 shares during the last quarter. Institutional investors own 98.35% of the company’s stock.

Analyst Upgrades and Downgrades

ONTO has been the topic of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $150.00 target price on shares of Onto Innovation in a research report on Tuesday, November 18th. Benchmark dropped their price objective on Onto Innovation from $190.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Oppenheimer upped their target price on shares of Onto Innovation from $130.00 to $180.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. B. Riley raised their price target on shares of Onto Innovation from $173.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, Stifel Nicolaus boosted their price target on shares of Onto Innovation from $110.00 to $120.00 and gave the stock a “hold” rating in a report on Monday, October 13th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.25.

Onto Innovation Price Performance

NYSE ONTO opened at $159.54 on Friday. The business’s fifty day moving average is $135.32 and its 200-day moving average is $114.06. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of 45.07, a PEG ratio of 1.06 and a beta of 1.48. Onto Innovation Inc. has a one year low of $85.88 and a one year high of $228.42.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. The business had revenue of $218.19 million for the quarter, compared to analyst estimates of $220.23 million. Onto Innovation had a net margin of 17.46% and a return on equity of 13.11%. The company’s revenue for the quarter was down 13.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 earnings per share. Onto Innovation has set its Q4 2025 guidance at 1.180-1.330 EPS. Research analysts expect that Onto Innovation Inc. will post 6.26 EPS for the current fiscal year.

Onto Innovation Company Profile

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.