Heartland Advisors Inc. Sells 96,325 Shares of ON Semiconductor Corporation $ON

Heartland Advisors Inc. trimmed its holdings in shares of ON Semiconductor Corporation (NASDAQ:ON) by 47.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 107,982 shares of the semiconductor company’s stock after selling 96,325 shares during the period. Heartland Advisors Inc.’s holdings in ON Semiconductor were worth $5,325,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ON. Private Trust Co. NA lifted its stake in ON Semiconductor by 72.8% during the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 220 shares during the period. Quent Capital LLC acquired a new position in shares of ON Semiconductor in the 3rd quarter worth approximately $28,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of ON Semiconductor by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after buying an additional 235 shares during the period. Deseret Mutual Benefit Administrators lifted 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 buying an additional 218 shares during the period. Finally, Rexford Capital Inc. bought a new stake in ON Semiconductor in the second quarter valued at $31,000. Institutional investors own 97.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ON shares. Robert W. Baird lifted their price objective on ON Semiconductor from $48.00 to $56.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Weiss Ratings cut shares of ON Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ON Semiconductor in a research report on Tuesday, February 10th. BNP Paribas Exane raised shares of ON Semiconductor from a “strong sell” rating to a “hold” rating in a report on Thursday, January 22nd. Finally, Rosenblatt Securities lifted their target price on shares of ON Semiconductor from $50.00 to $60.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Twelve investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, ON Semiconductor presently has an average rating of “Hold” and a consensus price target of $64.19.

Insider Activity

In other ON Semiconductor news, CFO Trent Thad sold 60,000 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the completion of the sale, the chief financial officer owned 339,460 shares in the company, valued at approximately $24,176,341.20. The trade was a 15.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Hassane El-Khoury sold 20,000 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the transaction, the chief executive officer directly owned 1,015,610 shares in the company, valued at approximately $74,159,842.20. This trade represents a 1.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 100,000 shares of company stock worth $6,834,600 in the last ninety days. Insiders own 0.31% of the company’s stock.

Key Headlines Impacting ON Semiconductor

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

• Positive Sentiment: Quarterly results: ON reported $0.64 EPS (slightly above estimates) and provided Q1 2026 EPS guidance of $0.560–0.660, showing operating resilience despite revenue pressure — this supports near-term earnings visibility. MarketBeat ON earnings summary
• Neutral Sentiment: International revenue review: A Zacks piece digs into ON’s overseas revenue trends and implications for forecasts — useful context on end-market exposure but not an immediate catalyst. Zacks: international revenues analysis
• Neutral Sentiment: Analyst consensus: recent aggregation shows a “Hold” consensus from analysts — implies limited near-term upside from Street expectations. Analyst consensus report
• Negative Sentiment: Benchmark downgrade: Benchmark cut its rating on ON Semiconductor, a direct negative for investor sentiment and a likely driver of intraday selling pressure. MSN: Benchmark downgrade

ON Semiconductor Stock Down 0.3%

NASDAQ:ON opened at $71.96 on Wednesday. The company has a market cap of $28.35 billion, a price-to-earnings ratio of 211.65, a P/E/G ratio of 0.77 and a beta of 1.56. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. The stock’s fifty day moving average price is $60.30 and its two-hundred day moving average price is $53.57. ON Semiconductor Corporation has a 52-week low of $31.04 and a 52-week high of $73.63.

ON Semiconductor (NASDAQ:ON) last released its earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.54 billion. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The firm’s quarterly revenue was down 11.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor declared that its board has initiated a stock buyback program on Tuesday, November 18th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the semiconductor company to purchase up to 32.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management 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.