ON Semiconductor Corporation $ON Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S increased its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 44.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,657 shares of the semiconductor company’s stock after acquiring an additional 9,400 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in ON Semiconductor were worth $1,512,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ON. Private Trust Co. NA increased its holdings in ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 220 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new position in ON Semiconductor during the second quarter worth about $29,000. Deseret Mutual Benefit Administrators boosted its position in shares of ON Semiconductor by 62.3% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 218 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of ON Semiconductor in the 3rd quarter worth approximately $28,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in ON Semiconductor by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 235 shares in the last quarter. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. BNP Paribas Exane upgraded ON Semiconductor from a “strong sell” rating to a “hold” rating in a report on Thursday, January 22nd. Morgan Stanley boosted their target price on shares of ON Semiconductor from $55.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Monday, November 24th. Piper Sandler boosted their price objective on ON Semiconductor from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Evercore reissued an “outperform” rating on shares of ON Semiconductor in a report on Wednesday, January 7th. Finally, Williams Trading set a $60.00 price target on ON Semiconductor in a research report on Tuesday, November 4th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, ON Semiconductor presently has an average rating of “Hold” and a consensus price target of $61.30.

ON Semiconductor News Roundup

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

• Neutral Sentiment: Earnings preview — analysts expect ON to report Q4 revenue roughly in the $1.48–$1.58B range, with commentary highlighting AI/datacenter tailwinds but also margin pressure from higher costs and investments. Investors will be focused on whether AI-related demand offsets margin headwinds and on management guidance. ON Set to Report Q4 Earnings: What’s in Store for the Stock?
• Neutral Sentiment: Market bets ahead of the print — a Polymarket/Tipranks item flags that traders are pricing probabilities for ON beating its numbers on Monday, which can amplify intraday volatility and volume around the release. Expect larger-than-normal moves if results or guidance surprise. Polymarket Odds: Will APO, ON, GTM Beat Earnings on Monday?
• Negative Sentiment: Mixed recent fundamentals — ON beat Q3 EPS but revenue was down year‑over‑year and margins compressed; valuation is elevated (high P/E and recent run-up), which raises the bar for the company to deliver upside in the quarter or bullish guidance. This makes the stock sensitive to any weaker-than-expected top‑line, margin, or guidance commentary.

ON Semiconductor Stock Performance

ON stock opened at $65.20 on Monday. The company has a quick ratio of 3.54, a current ratio of 5.23 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $58.09 and a two-hundred day moving average of $52.93. The company has a market capitalization of $26.24 billion, a price-to-earnings ratio of 84.68, a P/E/G ratio of 2.83 and a beta of 1.56. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $66.86.

ON Semiconductor announced that its board has authorized a share repurchase program on Tuesday, November 18th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership 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.