Onto Innovation Inc. (ONTO) is down 6.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The drop appears tied to a broader pullback in semiconductor-related names alongside some post-earnings repositioning. Investors may also be reassessing the company’s planned ~$710 million minority stake in Rigaku, which adds execution and capital-allocation questions even as Onto’s underlying demand narrative remains constructive.
Details:
Sources:
SEC, Rigaku Holdings Corporation, Cnyes
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ONTO Hedge Fund Activity
We have seen 321 institutional investors add shares of $ONTO stock to their portfolio, and 265 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POINT72 ASSET MANAGEMENT, L.P. added 818,891 shares (+212.8%) to their portfolio in Q1 2026, for an estimated $167,929,977
- FRANKLIN RESOURCES INC removed 773,798 shares (-57.2%) from their portfolio in Q1 2026, for an estimated $158,682,755
- WELLINGTON MANAGEMENT GROUP LLP removed 674,656 shares (-55.4%) from their portfolio in Q1 2026, for an estimated $138,351,705
- JANE STREET GROUP, LLC added 602,673 shares (+29909.3%) to their portfolio in Q1 2026, for an estimated $123,590,152
- BLACKROCK, INC. added 602,439 shares (+12.2%) to their portfolio in Q1 2026, for an estimated $123,542,165
- D. E. SHAW & CO., INC. removed 485,621 shares (-48.4%) from their portfolio in Q4 2025, for an estimated $76,660,131
- MILLENNIUM MANAGEMENT LLC removed 471,136 shares (-95.2%) from their portfolio in Q1 2026, for an estimated $96,615,859
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ONTO Government Contracts
We have seen $4,628,905 of award payments to $ONTO over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- SEISMIC EQUIPMENT: $743,858
- GEOPHYSICAL FIELD SYSTEMS TECHNOLOGY REFRESH: $673,266
- SEISMIC EQUIPMENT: $641,302
- SEISMIC EQUIPMENT: $310,216
- SEISMIC EQUIPMENT: $241,990
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$ONTO Analyst Ratings
Wall Street analysts have issued reports on $ONTO in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 01/20/2026
- B. Riley Securities issued a "Buy" rating on 01/15/2026
To track analyst ratings and price targets for $ONTO, check out Quiver Quantitative's $ONTO forecast page.
$ONTO Price Targets
Multiple analysts have issued price targets for $ONTO recently. We have seen 7 analysts offer price targets for $ONTO in the last 6 months, with a median target of $330.0.
Here are some recent targets:
- Charles Shi from Needham set a target price of $330.0 on 05/06/2026
- Brian Chin from Stifel set a target price of $350.0 on 04/17/2026
- Mark Lipacis from Evercore ISI Group set a target price of $315.0 on 04/17/2026
- Edward Yang from Oppenheimer set a target price of $350.0 on 04/17/2026
- Craig Ellis from B. Riley Securities set a target price of $330.0 on 04/17/2026
- Matthew Prisco from Cantor Fitzgerald set a target price of $300.0 on 04/06/2026
- Blayne Curtis from Jefferies set a target price of $200.0 on 12/15/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
