F&V Capital Management LLC lowered its holdings in onsemi (NASDAQ:ON – Free Report) by 40.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 165,455 shares of the semiconductor company’s stock after selling 110,315 shares during the period. onsemi comprises 2.9% of F&V Capital Management LLC’s portfolio, making the stock its 16th largest position. F&V Capital Management LLC’s holdings in onsemi were worth $15,642,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of ON. Root Financial Partners LLC raised its position in shares of onsemi by 42.1% in 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 during the fourth quarter worth approximately $30,000. Ascentis Independent Advisors bought a new stake in shares of onsemi in the first quarter worth $36,000. SHP Wealth Management bought a new stake in shares of onsemi in the fourth quarter worth $32,000. Finally, Summit Securities Group LLC raised 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 valued at $32,000 after acquiring an additional 464 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on ON shares. Morgan Stanley raised their price objective on shares of onsemi from $85.00 to $87.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating and set a $137.00 price target on shares of onsemi in a research report on Friday, June 26th. UBS Group reissued a “neutral” rating and issued a $95.00 price objective on shares of onsemi in a report on Monday, June 29th. Needham & Company LLC cut their price objective on onsemi from $130.00 to $116.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Finally, TD Cowen reduced their target price on onsemi from $110.00 to $95.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $97.04.
Key onsemi News
Here are the key news stories impacting onsemi this week:
- Positive Sentiment: Comparative coverage of onsemi and STMicroelectronics highlights onsemi’s exposure to EV power semiconductors, silicon-carbide momentum, design wins and manufacturing-capacity trends. These areas could support longer-term growth if EV adoption and automotive semiconductor demand improve. STM vs. ON: Which EV Semiconductor Stock Is More Compelling?
- Neutral Sentiment: onsemi presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess management’s outlook for automotive demand, EV-related growth, silicon-carbide adoption and capacity utilization. The supplied report does not identify a new earnings revision, major contract or change to formal guidance. ON Semiconductor Corporation Presents at Deutsche Bank 2026 Technology Conference
- Negative Sentiment: The stock’s decline reflects continued investor caution despite onsemi’s latest quarterly beat, including $0.74 in adjusted EPS on $1.60 billion in revenue. Shares remain below both major moving averages, suggesting weak technical momentum and skepticism about the pace of semiconductor-cycle recovery.
- Negative Sentiment: At roughly 46.6 times earnings, onsemi still carries a growth-oriented valuation while facing cyclical automotive and industrial demand risks. Investors may require clearer evidence that EV and silicon-carbide growth can offset near-term softness before assigning the stock a higher multiple.
onsemi Price Performance
Shares of NASDAQ:ON opened at $72.61 on Monday. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92. The firm has a 50-day simple moving average of $87.66 and a 200 day simple moving average of $87.19. The company has a market cap of $28.27 billion, a PE ratio of 46.55, a P/E/G ratio of 0.60 and a beta of 2.03.
onsemi (NASDAQ:ON – Get Free Report) last issued its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter last year, the company posted $0.53 earnings per share. onsemi’s revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, sell-side analysts anticipate that onsemi will post 3.23 EPS for the current year.
onsemi 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. 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.
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