10,776 Shares in Onto Innovation Inc. $ONTO Bought by First National Bank of Omaha

First National Bank of Omaha bought a new stake in Onto Innovation Inc. (NYSE:ONTO) during the second quarter, according to its most recent filing with the SEC. The firm bought 10,776 shares of the semiconductor company’s stock, valued at approximately $4,078,000.

Several other institutional investors have also recently bought and sold shares of ONTO. Parallel Advisors LLC lifted its position in Onto Innovation by 16.5% during the 1st quarter. Parallel Advisors LLC now owns 395 shares of the semiconductor company’s stock worth $81,000 after acquiring an additional 56 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Onto Innovation by 4.9% in the first quarter. Kestra Advisory Services LLC now owns 1,368 shares of the semiconductor company’s stock valued at $281,000 after purchasing an additional 64 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of Onto Innovation by 71.2% in the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 74 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Onto Innovation by 8.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,165 shares of the semiconductor company’s stock worth $186,000 after purchasing an additional 92 shares during the period. Finally, Millstone Evans Group LLC increased its stake in shares of Onto Innovation by 147.8% in the first quarter. Millstone Evans Group LLC now owns 166 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 99 shares during the period. Institutional investors own 98.35% of the company’s stock.

Onto Innovation Stock Performance

Onto Innovation stock opened at $314.24 on Wednesday. The firm has a market capitalization of $15.42 billion, a P/E ratio of 118.13, a P/E/G ratio of 1.11 and a beta of 1.59. The stock has a fifty day moving average price of $305.03 and a two-hundred day moving average price of $261.93. Onto Innovation Inc. has a 52-week low of $101.00 and a 52-week high of $386.46. 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 earnings results on Thursday, August 6th. The semiconductor company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.69 by $0.24. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The company had revenue of $343.13 million for the quarter, compared to the consensus estimate of $325.29 million. During the same quarter in the previous year, the company earned $1.25 EPS. The firm’s revenue for the quarter was up 35.3% compared to the same quarter last year. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. As a group, analysts anticipate that Onto Innovation Inc. will post 7.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. The Goldman Sachs Group initiated coverage on Onto Innovation in a research note on Monday. They set a “buy” rating and a $400.00 target price for the company. Wall Street Zen raised Onto Innovation from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Jefferies Financial Group upped their price target on Onto Innovation from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Needham & Company LLC increased their price objective on Onto Innovation from $330.00 to $360.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Weiss Ratings downgraded shares of Onto Innovation from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Onto Innovation presently has a consensus rating of “Buy” and a consensus price target of $380.30.

About Onto Innovation

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.