Sage Mountain Advisors LLC Invests $234,000 in ON Semiconductor Corporation $ON

Sage Mountain Advisors LLC acquired a new position in ON Semiconductor Corporation (NASDAQ:ON) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,462 shares of the semiconductor company’s stock, valued at approximately $234,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of ON. Costello Asset Management INC purchased a new stake in shares of ON Semiconductor in the 1st quarter worth $26,000. Golden State Wealth Management LLC increased its stake in shares of ON Semiconductor by 83.3% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 320 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of ON Semiconductor in the 2nd quarter worth $29,000. Geneos Wealth Management Inc. increased its stake in ON Semiconductor by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after buying an additional 507 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in ON Semiconductor in the 2nd quarter worth $57,000. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

ON Semiconductor Trading Down 2.1%

Shares of ON Semiconductor stock opened at $50.71 on Monday. The firm has a market cap of $20.74 billion, a price-to-earnings ratio of 47.39, a PEG ratio of 2.52 and a beta of 1.49. The business has a 50-day moving average price of $50.08 and a 200-day moving average price of $48.90. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. ON Semiconductor Corporation has a twelve month low of $31.04 and a twelve month high of $76.06.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The company’s revenue for the quarter was down 15.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.96 EPS. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. Equities research analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

Insider Activity at ON Semiconductor

In related news, CEO Hassane El-Khoury sold 15,000 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the completion of the transaction, the chief executive officer owned 977,814 shares of the company’s stock, valued at approximately $50,083,633.08. This trade represents a 1.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on ON. Rosenblatt Securities cut their price target on ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, August 5th. The Goldman Sachs Group began coverage on ON Semiconductor in a research note on Thursday, July 10th. They issued a “neutral” rating and a $60.00 price target for the company. Benchmark reiterated a “buy” rating and issued a $60.00 price target (up previously from $50.00) on shares of ON Semiconductor in a research note on Tuesday, August 5th. Truist Financial increased their price target on ON Semiconductor from $43.00 to $49.00 and gave the stock a “hold” rating in a research note on Tuesday, August 5th. Finally, Bank of America cut their price target on ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Twelve analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $56.75.

ON Semiconductor Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.