ON Semiconductor Corporation $ON Shares Acquired by Journey Advisory Group LLC

Journey Advisory Group LLC raised its holdings in shares of ON Semiconductor Corporation (NASDAQ:ONFree Report) by 3.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 7,645 shares of the semiconductor company’s stock after acquiring an additional 287 shares during the quarter. Journey Advisory Group LLC’s holdings in ON Semiconductor were worth $401,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ON. Costello Asset Management INC acquired a new position in ON Semiconductor during the first quarter valued at approximately $26,000. Golden State Wealth Management LLC lifted its position in ON Semiconductor by 83.3% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 320 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new position in ON Semiconductor during the second quarter valued at approximately $29,000. Geneos Wealth Management Inc. lifted its position in ON Semiconductor by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after buying an additional 507 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in ON Semiconductor during the second quarter valued at approximately $57,000. 97.70% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ON Semiconductor

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

ON Semiconductor Stock Up 4.5%

ON stock opened at $54.89 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.02 and a quick ratio of 3.37. ON Semiconductor Corporation has a 1-year low of $31.04 and a 1-year high of $76.06. The firm has a fifty day moving average price of $49.98 and a two-hundred day moving average price of $48.40. The firm has a market cap of $22.45 billion, a price-to-earnings ratio of 51.30, a PEG ratio of 2.61 and a beta of 1.49.

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ON. KeyCorp lifted their price target on shares of ON Semiconductor from $50.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of ON Semiconductor in a research note on Wednesday, October 8th. B. Riley reiterated a “neutral” rating on shares of ON Semiconductor in a research note on Tuesday, August 5th. Mizuho lifted their price objective on shares of ON Semiconductor from $60.00 to $72.00 and gave the company an “outperform” rating in a research note on Thursday, June 26th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ON Semiconductor from $48.00 to $56.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Twelve equities research analysts have rated the stock with a Buy rating and fifteen have given 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 target price of $56.68.

Read Our Latest Stock Report on ON Semiconductor

About ON Semiconductor

(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.

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Institutional Ownership by Quarter for ON Semiconductor (NASDAQ:ON)

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