Boston Trust Walden Corp Has $8.55 Million Position in ON Semiconductor Corporation $ON

Boston Trust Walden Corp lessened its stake in ON Semiconductor Corporation (NASDAQ:ON) by 30.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 173,295 shares of the semiconductor company’s stock after selling 76,050 shares during the quarter. Boston Trust Walden Corp’s holdings in ON Semiconductor were worth $8,545,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in shares of ON Semiconductor by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 51,367,704 shares of the semiconductor company’s stock valued at $2,692,181,000 after acquiring an additional 243,238 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of ON Semiconductor by 7.7% during the second quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock worth $639,716,000 after acquiring an additional 877,533 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of ON Semiconductor by 0.7% during the second quarter. Geode Capital Management LLC now owns 11,296,301 shares of the semiconductor company’s stock worth $590,383,000 after acquiring an additional 77,795 shares in the last quarter. Rafferty Asset Management LLC boosted its position in ON Semiconductor by 55.0% during the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after purchasing an additional 2,072,125 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in ON Semiconductor by 15.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 5,835,332 shares of the semiconductor company’s stock valued at $312,774,000 after purchasing an additional 774,087 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Insider Activity

In other news, CFO Trent Thad sold 20,000 shares of ON Semiconductor stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total value of $1,101,000.00. Following the transaction, the chief financial officer directly owned 379,448 shares in the company, valued at approximately $20,888,612.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

ON has been the topic of several research reports. UBS Group upped their target price on ON Semiconductor from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Bank of America cut their price objective on shares of ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Morgan Stanley lifted their target price on shares of ON Semiconductor from $55.00 to $56.00 and gave the company an “equal weight” rating in a research note on Monday, November 24th. Cfra restated a “buy” rating and set a $64.00 price target on shares of ON Semiconductor in a research note on Tuesday, November 4th. Finally, Rosenblatt Securities restated a “neutral” rating and set a $50.00 price target 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 issued a Hold rating to the company. According to data from MarketBeat, ON Semiconductor presently has a consensus rating of “Hold” and an average price target of $59.35.

Trending Headlines about ON Semiconductor

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

• Positive Sentiment: Unusual options activity: call volume on ON has been above normal and described as directionally bullish, suggesting short-term traders are positioning for upside and adding buying pressure into the tape. ON Semiconductor call volume above normal and directionally bullish
• Positive Sentiment: Recent company results and guidance: ON beat Q3 estimates (EPS and revenue) and provided Q4 FY2025 EPS guidance of $0.570–$0.670; the beat + forward guide gives investors a clear near-term earnings framework and supports momentum. Strong liquidity (high quick/current ratios) and a solid return on equity further support confidence from fundamentals.
• Neutral Sentiment: Investor attention: coverage and screen interest have picked up (Zacks highlighted ON as attracting attention), which can amplify moves in either direction as funds and retail react. That attention improves liquidity but can increase volatility. ON Semiconductor Corporation (ON) is Attracting Investor Attention
• Negative Sentiment: Relative performance and valuation concerns: market commentary flagged ON underperforming competitors recently, and valuation looks rich on trailing multiples (high P/E) while revenue has faced year-over-year declines — a reminder investors may be watching whether earnings growth justifies the premium. Also, intraday volume is below the stock’s average, which can make price moves less sustainable if buy-side conviction fades. ON Semiconductor Corp. stock underperforms Monday when compared to competitors

ON Semiconductor Trading Up 0.4%

NASDAQ:ON opened at $54.24 on Wednesday. The company’s 50 day moving average is $51.54 and its 200-day moving average is $52.06. The company has a quick ratio of 3.54, a current ratio of 5.23 and a debt-to-equity ratio of 0.43. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $67.00. The firm has a market cap of $21.82 billion, a price-to-earnings ratio of 70.44, a P/E/G ratio of 2.89 and a beta of 1.57.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.52 billion. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. ON Semiconductor’s revenue was down 12.0% compared to the same quarter last year. During the same period last year, the business posted $0.99 EPS. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Equities analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor declared that its Board of Directors has approved a stock buyback program on Tuesday, November 18th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

About ON Semiconductor

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.