Liberty One Investment Management LLC Invests $1.41 Million in Onto Innovation Inc. $ONTO

Liberty One Investment Management LLC bought a new stake in Onto Innovation Inc. (NYSE:ONTO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,884 shares of the semiconductor company’s stock, valued at approximately $1,408,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Blue Trust Inc. lifted its stake in Onto Innovation by 2,061.5% during 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 purchased a new position in shares of Onto Innovation during the third quarter worth $37,000. Farther Finance Advisors LLC lifted its position in Onto Innovation by 76.8% during the third 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 period. EverSource Wealth Advisors LLC boosted its holdings in Onto Innovation by 206.9% in the second quarter. EverSource Wealth Advisors LLC now owns 577 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 389 shares during the last quarter. Finally, SBI Securities Co. Ltd. boosted its holdings in Onto Innovation by 148.5% in the second quarter. SBI Securities Co. Ltd. now owns 671 shares of the semiconductor company’s stock valued at $68,000 after purchasing an additional 401 shares during the last quarter. Institutional investors and hedge funds own 98.35% of the company’s stock.

Onto Innovation Trading Up 0.8%

Shares of ONTO opened at $191.09 on Tuesday. Onto Innovation Inc. has a 12 month low of $85.88 and a 12 month high of $228.42. The stock’s 50 day moving average is $151.94 and its two-hundred day moving average is $127.35. The firm has a market cap of $9.37 billion, a P/E ratio of 53.98, a PEG ratio of 1.06 and a beta of 1.46.

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

Wall Street Analysts Forecast Growth

ONTO has been the subject of several analyst reports. Needham & Company LLC boosted their price objective on Onto Innovation from $150.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Stifel Nicolaus lifted their price target on Onto Innovation from $110.00 to $120.00 and gave the company a “hold” rating in a research report on Monday, October 13th. Oppenheimer boosted their price target on Onto Innovation from $130.00 to $180.00 and gave the company an “outperform” rating in a report on Tuesday, October 14th. Evercore ISI raised their price objective on shares of Onto Innovation from $115.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Onto Innovation in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $171.25.

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.