115,987 onsemi $ON Shares Purchased by CenterBook Partners LP

Posted by George Bondi on Nov 7th, 2026

CenterBook Partners LP grew its position in shares of onsemi (NASDAQ:ON – Free Report) by 162.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,420 shares of the semiconductor company’s stock after purchasing an additional 115,987 shares during the period. onsemi makes up 0.6% of CenterBook Partners LP’s portfolio, making the stock its 25th biggest holding. CenterBook Partners LP’s holdings in onsemi were worth $14,407,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ON. Janus Henderson Group PLC boosted its stake in onsemi by 10.9% during the first quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after buying an additional 1,345,894 shares during the period. Van ECK Associates Corp increased its stake in onsemi by 16.6% in the 2nd quarter. Van ECK Associates Corp now owns 5,143,343 shares of the semiconductor company’s stock worth $486,252,000 after acquiring an additional 731,540 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of onsemi by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,442,177 shares of the semiconductor company’s stock valued at $212,997,000 after acquiring an additional 207,587 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of onsemi by 7.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,026,628 shares of the semiconductor company’s stock valued at $232,657,000 after acquiring an additional 218,820 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its position in shares of onsemi by 5.9% during the 1st quarter. Pacer Advisors Inc. now owns 1,544,424 shares of the semiconductor company’s stock valued at $95,631,000 after acquiring an additional 85,433 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

Positive Sentiment: onsemi’s AI data-center sales were reportedly up 175%, giving investors a fast-growing business line to watch as demand for AI infrastructure supports semiconductor suppliers. Article: Onsemi’s AI Data Center Sales Reportedly Grew 175%
Neutral Sentiment: Analyst opinions are divided: Craig Hallum upgraded the stock and Truist maintained an optimistic outlook, while TD Cowen and Cantor Fitzgerald were more cautious. This mix may limit the impact of any one rating on the shares. Article: onsemi Rating Upgraded by Craig Hallum
Negative Sentiment: Several firms have lowered price expectations, including Citigroup, B. Riley, Goldman Sachs and Mizuho, signaling continued concern about valuation or the near-term outlook. Article: onsemi Price Target Cut by Citigroup
Negative Sentiment: onsemi has also been caught in a broader post-midterm selloff in AI-related semiconductor stocks, alongside Navitas and STMicroelectronics; the report cited no new company-specific news behind that sector pressure. Article: AI Chip Stocks Slide After Midterms

Insider Activity at onsemi

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the completion of the sale, the insider directly owned 158,177 shares in the company, valued at $12,654,160. This represents a 8.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ON. Craig Hallum upgraded shares of onsemi from a “hold” rating to a “buy” rating and upped their price objective for the stock from $60.00 to $85.00 in a research report on Tuesday. Stifel Nicolaus lifted their target price on shares of onsemi from $75.00 to $80.00 and gave the company a “hold” rating in a research report on Monday, October 5th. Wells Fargo & Company cut their price target on shares of onsemi from $100.00 to $90.00 and set an “overweight” rating for the company in a research note on Tuesday. Truist Financial increased their price target on shares of onsemi from $75.00 to $76.00 and gave the stock a “hold” rating in a report on Tuesday. Finally, Stonex Financial upgraded shares of onsemi to a “strong-buy” rating in a research report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and sixteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $95.03.

View Our Latest Stock Report on onsemi

onsemi Trading Up 0.5%

ON stock traded up $0.30 during trading on Friday, hitting $63.31. 14,214,452 shares of the company traded hands, compared to its average volume of 10,179,842. The company has a 50-day moving average of $74.22 and a 200-day moving average of $82.16. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The firm has a market capitalization of $24.65 billion, a PE ratio of 36.81, a P/E/G ratio of 0.58 and a beta of 2.11.

onsemi (NASDAQ:ON – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The semiconductor company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.02. The business had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. onsemi had a return on equity of 15.61% and a net margin of 10.82%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.63 EPS. Analysts predict that onsemi will post 3.27 earnings per share for the current fiscal year.

About onsemi

(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.