Caitlin John LLC Takes Position in Onto Innovation Inc. $ONTO

Caitlin John LLC bought a new position in shares of Onto Innovation Inc. (NYSE:ONTO) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,000 shares of the semiconductor company’s stock, valued at approximately $757,000.

Several other large investors have also made changes to their positions in the company. Cetera Investment Advisers lifted its position in Onto Innovation by 15.6% during the 1st quarter. Cetera Investment Advisers now owns 13,266 shares of the semiconductor company’s stock valued at $2,720,000 after purchasing an additional 1,793 shares during the period. Entropy Technologies LP acquired a new stake in shares of Onto Innovation during the 1st quarter worth approximately $2,877,000. BlackRock Inc. acquired a new stake in shares of Onto Innovation during the 2nd quarter worth approximately $2,083,436,000. Andar Capital Management HK Ltd bought a new stake in shares of Onto Innovation during the second quarter worth approximately $69,000,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in shares of Onto Innovation during the fourth quarter worth approximately $1,583,000. Institutional investors and hedge funds own 98.35% of the company’s stock.

Insider Buying and Selling

In other Onto Innovation news, Director Susan D. Lynch sold 1,000 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $302.30, for a total value of $302,300.00. Following the sale, the director directly owned 2,684 shares in the company, valued at approximately $811,373.20. This trade represents a 27.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ONTO shares. B. Riley Financial restated a “buy” rating on shares of Onto Innovation in a report on Friday, August 7th. Weiss Ratings raised shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 21st. Zacks Research upgraded shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. Jefferies Financial Group increased their price target on Onto Innovation from $350.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Finally, Freedom Capital upgraded Onto Innovation to a “strong-buy” rating in a research report on Wednesday, June 17th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Onto Innovation has an average rating of “Buy” and an average price target of $380.30.

Onto Innovation Stock Performance

Shares of ONTO stock opened at $293.12 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 9.73 and a quick ratio of 8.33. The stock has a market cap of $14.38 billion, a PE ratio of 110.20, a price-to-earnings-growth ratio of 0.97 and a beta of 1.59. The stock has a 50-day moving average of $302.02 and a 200-day moving average of $266.50. Onto Innovation Inc. has a one year low of $101.00 and a one year high of $386.46.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.24. Onto Innovation had a net margin of 11.84% and a return on equity of 13.44%. The business had revenue of $343.13 million for the quarter, compared to the consensus estimate of $325.29 million. During the same period last year, the company posted $1.25 EPS. Onto Innovation’s revenue for the quarter was up 35.3% on a year-over-year basis. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. As a group, sell-side analysts expect that Onto Innovation Inc. will post 7.88 earnings per share 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.