Commonwealth of Pennsylvania Public School Empls Retrmt SYS Lowers Stock Holdings in onsemi $ON

Posted by Francis Steltz on Jun 4th, 2026

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in onsemi (NASDAQ:ON – Free Report) by 4.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 93,595 shares of the semiconductor company’s stock after selling 4,615 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in onsemi were worth $5,068,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of ON. AQR Capital Management LLC lifted its holdings in shares of onsemi by 187.9% in the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock worth $4,863,000 after buying an additional 79,206 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of onsemi by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after buying an additional 507 shares in the last quarter. Brown Advisory Inc. purchased a new stake in shares of onsemi in the second quarter worth about $201,000. Cresset Asset Management LLC raised its stake in onsemi by 24.8% in the second quarter. Cresset Asset Management LLC now owns 10,137 shares of the semiconductor company’s stock valued at $531,000 after purchasing an additional 2,016 shares in the last quarter. Finally, Cerity Partners LLC raised its stake in onsemi by 108.0% in the second quarter. Cerity Partners LLC now owns 31,646 shares of the semiconductor company’s stock valued at $1,659,000 after purchasing an additional 16,435 shares in the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

onsemi Stock Up 4.1%

Shares of NASDAQ ON opened at $133.93 on Thursday. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14. The firm’s 50 day simple moving average is $92.54 and its two-hundred day simple moving average is $70.84. The stock has a market capitalization of $52.49 billion, a P/E ratio of 94.99, a PEG ratio of 1.15 and a beta of 1.97.

onsemi (NASDAQ:ON – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same period last year, the business earned $0.55 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, analysts expect that onsemi will post 3.09 EPS for the current fiscal year.

Insider Activity at onsemi

In other news, insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.67, for a total value of $358,708.38. Following the transaction, the insider owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the transaction, the chief financial officer owned 301,194 shares in the company, valued at $28,011,042. This represents a 9.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 66,114 shares of company stock worth $5,548,708 in the last 90 days. Company insiders own 0.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Benchmark downgraded shares of onsemi from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Needham & Company LLC raised their target price on shares of onsemi from $72.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. B. Riley Financial raised shares of onsemi from a “neutral” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Thursday, April 23rd. JPMorgan Chase & Co. raised their target price on shares of onsemi from $70.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $101.00 target price (up from $66.00) on shares of onsemi in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

Get Our Latest Report on onsemi

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

Positive Sentiment: Leverage Shares launched new 2x ETFs tied to onsemi, giving traders amplified exposure to ON and likely boosting attention and liquidity. New ON Semiconductor 2X ETFs Arrive As Valuation Looks Stretched
Positive Sentiment: onsemi’s recent earnings beat and revenue outperformance continue to support the stock, with management’s guidance signaling solid demand and helping explain the recent strength. Why Is ON Semiconductor Corp. (ON) Up 25.3% Since Last Earnings Report?
Neutral Sentiment: Vadzo Imaging launched a new camera based on onsemi’s AR0234 image sensor, highlighting continued product adoption in industrial and machine-vision applications. Vadzo Imaging Launches MerlinPlus-234CGS: 2MP Color Global Shutter USB Camera with On-Board Storage, Based on Onsemi AR0234

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.