Wellington Management Group LLP Acquires 62,404 Shares of On Holding AG $ONON

Posted by Brian Himes on Sep 2nd, 2026

Wellington Management Group LLP increased its holdings in shares of On Holding AG (NYSE:ONON – Free Report) by 2.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,751,615 shares of the company’s stock after acquiring an additional 62,404 shares during the period. Wellington Management Group LLP’s holdings in ON were worth $97,462,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jacobi Capital Management LLC lifted its holdings in shares of ON by 3.6% during the fourth quarter. Jacobi Capital Management LLC now owns 6,875 shares of the company’s stock valued at $320,000 after purchasing an additional 240 shares during the last quarter. Parallel Advisors LLC boosted its holdings in ON by 2.8% in the fourth quarter. Parallel Advisors LLC now owns 10,455 shares of the company’s stock worth $486,000 after acquiring an additional 285 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of ON by 2.4% in the fourth quarter. J.W. Cole Advisors Inc. now owns 12,283 shares of the company’s stock worth $571,000 after acquiring an additional 285 shares during the last quarter. MetLife Investment Management LLC grew its stake in shares of ON by 2.2% in the fourth quarter. MetLife Investment Management LLC now owns 14,411 shares of the company’s stock worth $670,000 after acquiring an additional 308 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of ON by 69.6% during the first quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock valued at $26,000 after acquiring an additional 312 shares in the last quarter. Hedge funds and other institutional investors own 36.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ONON. Telsey Advisory Group dropped their price target on shares of ON from $51.00 to $43.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 12th. KeyCorp reiterated an “overweight” rating on shares of ON in a research note on Monday, August 10th. Williams Trading set a $32.00 price target on shares of ON in a report on Tuesday, August 11th. Barclays reduced their price target on shares of ON from $46.00 to $42.00 and set an “overweight” rating for the company in a research report on Wednesday, August 12th. Finally, Needham & Company LLC decreased their price objective on shares of ON from $45.00 to $37.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, ON has an average rating of “Moderate Buy” and an average price target of $48.57.

Get Our Latest Stock Report on ON

ON Stock Down 2.8%

ONON stock opened at $27.71 on Wednesday. The company has a market cap of $17.68 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 0.58 and a beta of 2.09. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.25 and a current ratio of 2.83. The business’s 50-day moving average is $34.83 and its two-hundred day moving average is $37.22. On Holding AG has a fifty-two week low of $27.71 and a fifty-two week high of $51.08.

ON (NYSE:ONON – Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.07). ON had a net margin of 12.09% and a return on equity of 22.92%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. As a group, analysts forecast that On Holding AG will post 1.47 earnings per share for the current year.

Insider Activity at ON

In other ON news, insider Olivier Bernhard bought 65,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average cost of $30.67 per share, for a total transaction of $1,993,550.00. Following the completion of the transaction, the insider owned 5,228,184 shares of the company’s stock, valued at $160,348,403.28. This represents a 1.26% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Caspar Felix Coppetti bought 65,000 shares of ON stock in a transaction on Friday, August 14th. The shares were acquired at an average cost of $30.67 per share, with a total value of $1,993,550.00. Following the completion of the acquisition, the chief executive officer owned 2,440,855 shares of the company’s stock, valued at $74,861,022.85. The trade was a 2.74% increase in their position. The disclosure for this purchase is available in the SEC filing.

ON Company Profile

(Free Report)

On Holding AG, commonly known as On, is a Swiss performance footwear and apparel company headquartered in Zurich. Founded in 2010, the company designs, develops and sells running shoes, performance apparel and accessories for road, trail and everyday use. On’s product philosophy centers on engineered cushioning and responsiveness intended to serve both serious athletes and lifestyle consumers.

On is best known for its proprietary midsole technology and distinctive sole architecture, marketed under names such as the Cloud family of shoes and related performance lines.