Leonteq Securities AG bought a new stake in onsemi (NASDAQ:ON – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,402 shares of the semiconductor company’s stock, valued at approximately $1,430,000.
A number of other institutional investors have also modified their holdings of the business. Banque Cantonale Vaudoise increased its holdings in shares of onsemi by 160.4% in the 4th quarter. Banque Cantonale Vaudoise now owns 34,741 shares of the semiconductor company’s stock valued at $1,881,000 after acquiring an additional 21,401 shares during the period. Covestor Ltd grew its position in onsemi by 120.1% in the 4th quarter. Covestor Ltd now owns 1,536 shares of the semiconductor company’s stock valued at $84,000 after buying an additional 838 shares during the last quarter. Handelsbanken Fonder AB grew its position in onsemi by 27.3% in the 4th quarter. Handelsbanken Fonder AB now owns 1,000,694 shares of the semiconductor company’s stock valued at $54,188,000 after buying an additional 214,706 shares during the last quarter. North Dakota State Investment Board purchased a new position in onsemi in the 4th quarter valued at $784,000. Finally, May Hill Capital LLC purchased a new position in onsemi in the 4th quarter valued at $212,000. 97.70% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on ON. Jefferies Financial Group lifted their price objective on shares of onsemi from $73.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Rosenblatt Securities lifted their price objective on shares of onsemi from $60.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Craig Hallum reiterated a “hold” rating on shares of onsemi in a research report on Tuesday, February 10th. B. Riley Financial upgraded shares of onsemi from a “neutral” rating to a “buy” rating and set a $115.00 price objective on the stock in a research report on Thursday, April 23rd. Finally, Zacks Research upgraded shares of onsemi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, onsemi presently has a consensus rating of “Hold” and a consensus price target of $89.19.
onsemi Price Performance
Shares of NASDAQ ON opened at $109.61 on Friday. The firm has a market capitalization of $42.96 billion, a P/E ratio of 77.74, a PEG ratio of 0.98 and a beta of 1.94. onsemi has a one year low of $40.62 and a one year high of $119.10. The company’s fifty day moving average is $81.00 and its two-hundred day moving average is $66.11. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87.
onsemi (NASDAQ:ON – Get Free Report) last issued its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Analysts forecast that onsemi will post 3.09 EPS for the current fiscal year.
Insider Buying and Selling at onsemi
In other onsemi news, CFO Trent Thad sold 30,000 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were 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 in the company, valued at approximately $28,011,042. The trade was a 9.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the sale, the insider owned 173,943 shares in the company, valued at $10,205,235.81. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 66,114 shares of company stock worth $5,548,708 over the last 90 days. Insiders own 0.35% of the company’s stock.
onsemi News Summary
Here are the key news stories impacting onsemi this week:
- Positive Sentiment: Analyst-style commentary says onsemi looks better positioned than Navitas for AI power infrastructure because its margins are improving and data-center revenue is rising. Navitas vs onsemi: Which Stock Wins the AI Power Infrastructure Race?
- Positive Sentiment: Separate coverage says ON is gaining ground in China’s EV market, where its silicon-carbide products are being used in more vehicles and future EV platforms, supporting long-term growth expectations. ON Gains Ground in China EV Market: What Does it Mean for Investors?
About onsemi
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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