Venturi Wealth Management LLC Grows Holdings in onsemi $ON

Venturi Wealth Management LLC lifted its stake in shares of onsemi (NASDAQ:ONFree Report) by 194.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,663 shares of the semiconductor company’s stock after buying an additional 9,023 shares during the quarter. Venturi Wealth Management LLC’s holdings in onsemi were worth $846,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Private Wealth Services LLC boosted its stake in onsemi by 2.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 4,554 shares of the semiconductor company’s stock valued at $282,000 after acquiring an additional 125 shares during the last quarter. Evexia Wealth LLC increased its position in shares of onsemi by 1.1% in the 1st quarter. Evexia Wealth LLC now owns 13,328 shares of the semiconductor company’s stock worth $825,000 after purchasing an additional 142 shares during the last quarter. Root Financial Partners LLC increased its position in shares of onsemi by 42.1% in the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the last quarter. Deseret Mutual Benefit Administrators raised its stake in shares of onsemi by 28.2% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 160 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of onsemi by 3.3% in the 4th quarter. Parallel Advisors LLC now owns 5,847 shares of the semiconductor company’s stock valued at $317,000 after purchasing an additional 189 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

Insiders Place Their Bets

In other onsemi news, CFO Trent Thad sold 30,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at $28,011,042. The trade was a 9.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Citigroup lifted their price target on onsemi from $100.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Jefferies Financial Group increased their target price on onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Mizuho lifted their target price on onsemi from $130.00 to $150.00 and gave the stock an “outperform” rating in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. Finally, Robert W. Baird raised their price objective on onsemi from $56.00 to $100.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, onsemi presently has a consensus rating of “Hold” and a consensus target price of $102.35.

Read Our Latest Stock Analysis on ON

Key onsemi News

Here are the key news stories impacting onsemi this week:

onsemi Trading Down 23.7%

Shares of NASDAQ ON opened at $90.65 on Friday. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The company has a market cap of $35.53 billion, a price-to-earnings ratio of 64.29, a price-to-earnings-growth ratio of 0.81 and a beta of 1.97. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The stock’s 50 day simple moving average is $110.67 and its 200 day simple moving average is $78.83.

onsemi (NASDAQ:ONGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities research analysts expect that onsemi will post 3.09 EPS for the current year.

onsemi Company Profile

(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.

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Institutional Ownership by Quarter for onsemi (NASDAQ:ON)

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