ON Semiconductor Corporation $ON Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 2.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 51,233 shares of the semiconductor company’s stock after selling 1,264 shares during the period. Yousif Capital Management LLC’s holdings in ON Semiconductor were worth $2,685,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Costello Asset Management INC acquired a new position in shares of ON Semiconductor during the 1st quarter worth $26,000. Golden State Wealth Management LLC raised its stake in ON Semiconductor by 83.3% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 320 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in ON Semiconductor in the 2nd quarter valued at about $29,000. Geneos Wealth Management Inc. raised 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 valued at $54,000 after purchasing an additional 507 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in ON Semiconductor in the 2nd quarter valued at about $57,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

ON Semiconductor Stock Down 0.8%

ON opened at $52.53 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.02 and a quick ratio of 3.37. The stock has a market capitalization of $21.48 billion, a price-to-earnings ratio of 49.09, a price-to-earnings-growth ratio of 2.64 and a beta of 1.49. The business has a 50-day moving average of $49.83 and a two-hundred day moving average of $48.11. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $76.06.

ON Semiconductor (NASDAQ:ON) last posted its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). The business had revenue of $1.47 billion during 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 firm’s quarterly revenue was down 15.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.96 EPS. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. On average, research analysts expect that ON Semiconductor Corporation will post 2.6 earnings per share for the current year.

Insider Activity

In other news, CEO Hassane El-Khoury sold 15,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total transaction of $768,300.00. Following the completion of the sale, the chief executive officer owned 977,814 shares in the company, valued at approximately $50,083,633.08. The trade was a 1.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

ON has been the subject of several analyst reports. Wells Fargo & Company cut their target price on shares of ON Semiconductor from $65.00 to $62.00 and set an “overweight” rating for the company in a research note on Tuesday, August 5th. Susquehanna reissued a “positive” rating and issued a $65.00 target price (down previously from $75.00) on shares of ON Semiconductor in a research note on Tuesday, August 5th. Rosenblatt Securities cut their target price on shares of ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, August 5th. B. Riley reissued a “neutral” rating on shares of ON Semiconductor in a research note on Tuesday, August 5th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of ON Semiconductor in a research note on Wednesday, October 8th. Twelve equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $56.68.

About ON Semiconductor

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.