B. Riley Predicts Onto Innovation's Q1 Earnings (NYSE:ONTO)

Onto Innovation Inc. (NYSE:ONTO - Free Report) - Investment analysts at B. Riley increased their Q1 2025 earnings per share (EPS) estimates for shares of Onto Innovation in a note issued to investors on Thursday, February 6th. B. Riley analyst C. Ellis now expects that the semiconductor company will earn $1.47 per share for the quarter, up from their prior forecast of $1.45. The consensus estimate for Onto Innovation's current full-year earnings is $6.46 per share. B. Riley also issued estimates for Onto Innovation's Q1 2026 earnings at $1.71 EPS, Q2 2026 earnings at $1.78 EPS, Q3 2026 earnings at $1.88 EPS, Q4 2026 earnings at $1.96 EPS and FY2026 earnings at $7.33 EPS.

Onto Innovation (NYSE:ONTO - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $1.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.10. Onto Innovation had a return on equity of 14.41% and a net margin of 20.43%.

Other equities analysts have also issued reports about the company. Needham & Company LLC reaffirmed a "buy" rating and set a $230.00 price target on shares of Onto Innovation in a research note on Friday, February 7th. StockNews.com lowered Onto Innovation from a "hold" rating to a "sell" rating in a research note on Tuesday. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 price target on shares of Onto Innovation in a research note on Friday, February 7th. Oppenheimer reaffirmed an "outperform" rating and set a $275.00 price target on shares of Onto Innovation in a research note on Tuesday, December 17th. Finally, Jefferies Financial Group reduced their price objective on Onto Innovation from $265.00 to $245.00 and set a "buy" rating for the company in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Onto Innovation currently has a consensus rating of "Moderate Buy" and a consensus price target of $251.25.

Onto Innovation Stock Up 3.1 %

NYSE ONTO traded up $5.17 on Monday, reaching $173.80. 1,157,507 shares of the stock traded hands, compared to its average volume of 987,386. The firm's fifty day simple moving average is $186.30 and its 200 day simple moving average is $189.75. The company has a market cap of $8.58 billion, a price-to-earnings ratio of 42.81, a P/E/G ratio of 1.09 and a beta of 1.31. Onto Innovation has a 12 month low of $145.15 and a 12 month high of $238.93.

Insider Transactions at Onto Innovation

In other Onto Innovation news, CEO Michael P. Plisinski sold 20,000 shares of Onto Innovation stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $200.19, for a total transaction of $4,003,800.00. Following the sale, the chief executive officer now directly owns 215,492 shares of the company's stock, valued at approximately $43,139,343.48. The trade was a 8.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Srinivas Vedula sold 827 shares of Onto Innovation stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $205.00, for a total transaction of $169,535.00. Following the completion of the transaction, the senior vice president now owns 15,223 shares of the company's stock, valued at $3,120,715. This trade represents a 5.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 85,827 shares of company stock valued at $18,182,185 over the last quarter. Company insiders own 0.72% of the company's stock.

Hedge Funds Weigh In On Onto Innovation

Institutional investors and hedge funds have recently made changes to their positions in the company. Cerity Partners LLC raised its holdings in shares of Onto Innovation by 287.0% in the 3rd quarter. Cerity Partners LLC now owns 4,663 shares of the semiconductor company's stock valued at $968,000 after purchasing an additional 3,458 shares during the period. Geode Capital Management LLC boosted its position in shares of Onto Innovation by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 834,345 shares of the semiconductor company's stock worth $173,401,000 after acquiring an additional 13,405 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Onto Innovation by 12.9% in the third quarter. JPMorgan Chase & Co. now owns 2,008,399 shares of the semiconductor company's stock valued at $416,863,000 after buying an additional 228,800 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Onto Innovation in the third quarter valued at approximately $14,539,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Onto Innovation by 675.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 124 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 108 shares during the last quarter. Institutional investors and hedge funds own 98.35% of the company's stock.

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.