Generali Asset Management SPA SGR Sells 27,908 Shares of ON Semiconductor Corporation $ON

Generali Asset Management SPA SGR reduced its stake in ON Semiconductor Corporation (NASDAQ:ON) by 96.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,134 shares of the semiconductor company’s stock after selling 27,908 shares during the period. Generali Asset Management SPA SGR’s holdings in ON Semiconductor were worth $56,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Private Trust Co. NA grew its holdings in shares of ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 220 shares during the period. Trust Co. of Toledo NA OH purchased a new stake in ON Semiconductor in the second quarter worth $29,000. Rexford Capital Inc. purchased a new stake in ON Semiconductor in the second quarter worth $31,000. Darwin Wealth Management LLC bought a new position in ON Semiconductor in the second quarter worth $32,000. Finally, Evelyn Partners Asset Management Ltd purchased a new position in ON Semiconductor during the second quarter valued at $35,000. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at ON Semiconductor

In related 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 completion of the sale, the chief financial officer directly owned 379,448 shares in the company, valued at approximately $20,888,612.40. This trade represents a 5.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ON shares. Cantor Fitzgerald reiterated a “neutral” rating on shares of ON Semiconductor in a research note on Tuesday, December 16th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $50.00 target price on shares of ON Semiconductor in a research note on Tuesday, November 4th. UBS Group lifted their target price on shares of ON Semiconductor from $50.00 to $55.00 and gave the company a “neutral” rating in a report on Monday, October 27th. Morgan Stanley upped their price target on ON Semiconductor from $55.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Monday, November 24th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of ON Semiconductor in a research note on Monday, December 29th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $59.35.

ON Semiconductor Price Performance

Shares of ON opened at $58.69 on Tuesday. ON Semiconductor Corporation has a twelve month low of $31.04 and a twelve month high of $67.00. The company has a market capitalization of $23.62 billion, a P/E ratio of 76.22, a price-to-earnings-growth ratio of 2.46 and a beta of 1.55. The firm has a 50 day moving average of $51.87 and a 200 day moving average of $52.15. 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 (NASDAQ:ON) last released its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.04. The business had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.52 billion. ON Semiconductor had a return on equity of 13.60% and a net margin of 5.16%.The firm’s quarterly revenue was down 12.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.99 EPS. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. As a group, equities research analysts anticipate that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor announced that its board has initiated a share buyback plan on Tuesday, November 18th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 32.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Key Headlines Impacting ON Semiconductor

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

• Positive Sentiment: Broad U.S. and Canadian market rally following developments in Venezuela lifted sentiment for cyclicals and tech names; that risk-on backdrop helped semiconductor stocks, including ON. Canadian, U.S. markets rise after raid on Venezuela as oil market comes into focus
• Positive Sentiment: Underlying company fundamentals remain supportive: ON’s most recent quarter beat EPS and revenue estimates and management provided Q4 guidance (EPS 0.570–0.670). Investors are likely re-rating the name as macro-driven market strength combines with that earnings beat to justify higher multiples.
• Neutral Sentiment: New enterprise AI and connectivity product announcements across the tech sector (e.g., Formic AI’s Boreal) are keeping investor focus on companies positioned to benefit from AI adoption; that thematic interest can lift chip suppliers broadly but is not an ON-specific catalyst. Formic AI introduces Boreal

ON Semiconductor 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.