Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $5.07 Million Stake in onsemi $ON

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its position in onsemi (NASDAQ:ON) by 4.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 93,595 shares of the semiconductor company’s stock after selling 4,615 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in onsemi were worth $5,068,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Guinness Atkinson Asset Management Inc lifted its position in shares of onsemi by 3.8% in the 4th quarter. Guinness Atkinson Asset Management Inc now owns 12,873 shares of the semiconductor company’s stock worth $695,000 after purchasing an additional 477 shares during the period. AdvisorShares Investments LLC acquired a new position in shares of onsemi in the 4th quarter worth approximately $482,000. Norges Bank acquired a new position in shares of onsemi in the 4th quarter worth approximately $330,885,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of onsemi during the 4th quarter valued at $1,181,000. Finally, Future Fund LLC lifted its position in shares of onsemi by 24.9% during the 4th quarter. Future Fund LLC now owns 78,422 shares of the semiconductor company’s stock valued at $4,247,000 after acquiring an additional 15,654 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Activity

In other onsemi news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the sale, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at $28,011,042. This represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $58.67, for a total transaction of $358,708.38. Following the sale, the insider directly owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 66,114 shares of company stock worth $5,548,708. Insiders own 0.35% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on ON. Benchmark downgraded shares of onsemi from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Citigroup boosted their target price on shares of onsemi from $68.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Rosenblatt Securities boosted their target price on shares of onsemi from $60.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. TD Cowen boosted their target price on shares of onsemi from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Needham & Company LLC boosted their target price on shares of onsemi from $72.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, onsemi presently has an average rating of “Moderate Buy” and an average target price of $92.00.

onsemi Price Performance

NASDAQ ON opened at $133.93 on Thursday. The company has a market cap of $52.49 billion, a PE ratio of 94.99, a price-to-earnings-growth ratio of 1.15 and a beta of 1.97. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. The firm’s 50-day simple moving average is $92.54 and its two-hundred day simple moving average is $70.84.

onsemi (NASDAQ:ON) last released its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Research analysts predict that onsemi will post 3.09 earnings per share for the current year.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Leverage Shares launched new 2x ETFs tied to onsemi, giving traders amplified exposure to ON and likely boosting attention and liquidity. New ON Semiconductor 2X ETFs Arrive As Valuation Looks Stretched
• Positive Sentiment: onsemi’s recent earnings beat and revenue outperformance continue to support the stock, with management’s guidance signaling solid demand and helping explain the recent strength. Why Is ON Semiconductor Corp. (ON) Up 25.3% Since Last Earnings Report?
• Neutral Sentiment: Vadzo Imaging launched a new camera based on onsemi’s AR0234 image sensor, highlighting continued product adoption in industrial and machine-vision applications. Vadzo Imaging Launches MerlinPlus-234CGS: 2MP Color Global Shutter USB Camera with On-Board Storage, Based on Onsemi AR0234

About onsemi

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.