Global X Japan Co. Ltd. Decreases Position in ON Semiconductor Corporation $ON

Global X Japan Co. Ltd. trimmed its holdings in shares of ON Semiconductor Corporation (NASDAQ:ON) by 40.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 20,694 shares of the semiconductor company’s stock after selling 14,086 shares during the period. Global X Japan Co. Ltd.’s holdings in ON Semiconductor were worth $1,020,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Trust Co. of Toledo NA OH purchased a new position in shares of ON Semiconductor in the 2nd quarter valued at approximately $29,000. Rexford Capital Inc. acquired a new position in ON Semiconductor during the 2nd quarter valued at approximately $31,000. Darwin Wealth Management LLC purchased a new position in shares of ON Semiconductor in the second quarter worth $32,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of ON Semiconductor during the second quarter worth $35,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of 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 during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Trent Thad sold 20,000 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the completion of the sale, the chief financial officer directly owned 379,448 shares of the company’s stock, valued at $20,888,612.40. This trade represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ON. Truist Financial raised their target price on ON Semiconductor from $51.00 to $57.00 and gave the stock a “hold” rating in a research note on Friday, December 19th. TD Cowen raised their price objective on ON Semiconductor from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Williams Trading set a $60.00 target price on ON Semiconductor in a research report on Tuesday, November 4th. Cfra reiterated a “buy” rating and issued a $64.00 price target on shares of ON Semiconductor in a report on Tuesday, November 4th. Finally, Benchmark reissued a “buy” rating on shares of ON Semiconductor in a report on Tuesday, November 4th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $59.35.

ON Semiconductor News Roundup

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Recent company fundamentals: ON reported an EPS beat and slight revenue beat in its last quarter and gave Q4 FY2025 EPS guidance of $0.570–$0.670, which supports the case for earnings stability as the market re-rates demand cycles. (Background: ON’s last quarterly report showed EPS of $0.63 and revenue of $1.55B.)
• Neutral Sentiment: U.S. growth data mixed: stronger-than-expected GDP in earlier quarters shows resilience in parts of the economy, but that hasn’t offset sentiment damage from trade moves and consumer confidence weakness. US GDP Article
• Negative Sentiment: Tariff announcement on Chinese chips — primary negative driver today. The U.S. move to impose tariffs on semiconductor chips from China increases policy uncertainty for global chip flows and could disrupt supply chains, pricing and short-term order patterns across customers and suppliers in the industry; that headline is likely a key reason ON is down. US Tariffs on Chips
• Negative Sentiment: Consumer confidence slide: The Conference Board’s drop in consumer confidence adds another demand-risk signal for discretionary electronics and auto-related end markets that drive parts of ON’s business (supply/demand cyclical exposure). This reinforces the negative market reaction to the tariff news. Consumer Confidence Article

ON Semiconductor Stock Performance

Shares of ON Semiconductor stock opened at $55.69 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.54 and a current ratio of 5.23. The business has a 50-day simple moving average of $51.38 and a 200-day simple moving average of $51.98. The company has a market cap of $22.41 billion, a PE ratio of 72.33, a P/E/G ratio of 3.01 and a beta of 1.57. ON Semiconductor Corporation has a one year low of $31.04 and a one year high of $67.95.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The company had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the company earned $0.99 earnings per share. The firm’s revenue for the quarter was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. On average, equities research analysts forecast that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

ON Semiconductor announced that its board has authorized a stock buyback plan on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to reacquire up to 32.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.