Allspring Global Investments Holdings LLC Sells 263,871 Shares of onsemi $ON

Posted by George Bondi on Jul 17th, 2026

Allspring Global Investments Holdings LLC lessened its holdings in shares of onsemi (NASDAQ:ON – Free Report) by 4.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 6,099,934 shares of the semiconductor company’s stock after selling 263,871 shares during the period. onsemi comprises approximately 0.6% of Allspring Global Investments Holdings LLC’s investment portfolio, making the stock its 23rd biggest position. Allspring Global Investments Holdings LLC’s holdings in onsemi were worth $379,416,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC grew its position in onsemi by 83.7% in the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 215 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 149 shares in the last quarter. DV Equities LLC acquired a new stake in shares of onsemi in the 4th quarter valued at $30,000. SHP Wealth Management acquired a new stake in shares of onsemi in the 4th quarter valued at $32,000. Finally, Summit Securities Group LLC boosted its holdings in onsemi by 346.3% in the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 464 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

Positive Sentiment: Analysts remain constructive on onsemi’s longer-term earnings outlook, with KeyCorp recently raising estimates for FY2026 and FY2027, suggesting confidence in the company’s growth trajectory and margin potential.
Positive Sentiment: Recent commentary has highlighted onsemi’s exposure to higher-growth areas such as EV power management, image sensing, and AI datacenter demand, which supports the investment case.
Neutral Sentiment: onsemi confirmed it will release Q2 2026 results after the market close on August 3 and host a conference call the same day, keeping attention focused on upcoming earnings rather than new operational news. onsemi to Announce Second Quarter Financial Results
Neutral Sentiment: KeyCorp published updated earnings estimates for onsemi, lifting FY2027 EPS expectations well above the current-year consensus, which signals optimism but no immediate fundamental change. onsemi stock page
Negative Sentiment: Pomerantz LLP announced an investor investigation into onsemi, which can create overhang and pressure the shares despite limited details so far. Investor Alert: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ON Semiconductor Corporation – ON

onsemi Price Performance

NASDAQ:ON opened at $88.12 on Friday. The stock has a market cap of $34.53 billion, a P/E ratio of 62.50, a PEG ratio of 0.82 and a beta of 2.01. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a fifty day moving average price of $110.22 and a 200 day moving average price of $82.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14.

onsemi (NASDAQ:ON – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the business posted $0.55 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Analysts anticipate that onsemi will post 3.1 earnings per share for the current year.

Insider Buying and Selling at onsemi

In related news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the sale, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at $28,011,042. This trade represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.35% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on ON. Needham & Company LLC raised their target price on onsemi from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, June 26th. Wall Street Zen raised onsemi from a “hold” rating to a “buy” rating in a report on Monday, April 13th. Truist Financial reissued a “hold” rating and issued a $101.00 price objective (up from $66.00) on shares of onsemi in a research note on Tuesday, May 5th. Zacks Research lowered onsemi from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, Robert W. Baird upped their target price on onsemi from $56.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Fourteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, onsemi currently has a consensus rating of “Hold” and an average target price of $102.64.

Check Out Our Latest Analysis on onsemi

onsemi Company Profile

(Free Report)

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. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.