onsemi $ON Position Reduced by CIBC Asset Management Inc

CIBC Asset Management Inc decreased its position in shares of onsemi (NASDAQ:ON) by 26.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,494 shares of the semiconductor company’s stock after selling 34,859 shares during the period. CIBC Asset Management Inc’s holdings in onsemi were worth $5,171,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Natixis Advisors LLC raised its holdings in onsemi by 41.8% during the fourth quarter. Natixis Advisors LLC now owns 339,867 shares of the semiconductor company’s stock worth $18,404,000 after purchasing an additional 100,214 shares in the last quarter. Root Financial Partners LLC raised its holdings in onsemi by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. One Capital Management LLC raised its holdings in onsemi by 36.9% during the fourth quarter. One Capital Management LLC now owns 38,009 shares of the semiconductor company’s stock worth $2,058,000 after purchasing an additional 10,252 shares in the last quarter. MUFG Securities EMEA plc raised its holdings in onsemi by 110.7% during the fourth quarter. MUFG Securities EMEA plc now owns 16,496 shares of the semiconductor company’s stock worth $893,000 after purchasing an additional 8,668 shares in the last quarter. Finally, Guinness Atkinson Asset Management Inc lifted its stake in onsemi by 3.8% during the fourth quarter. Guinness Atkinson Asset Management Inc now owns 12,873 shares of the semiconductor company’s stock valued at $695,000 after purchasing an additional 477 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

Insider Activity at onsemi

In other onsemi news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 301,194 shares in the company, valued at approximately $28,011,042. The trade was a 9.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of onsemi stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider owned 173,943 shares in the company, valued at approximately $10,205,235.81. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 66,114 shares of company stock worth $5,548,708. Corporate insiders own 0.35% of the company’s stock.

onsemi Price Performance

NASDAQ ON opened at $117.26 on Friday. The stock has a market capitalization of $45.95 billion, a P/E ratio of 83.16, a P/E/G ratio of 1.04 and a beta of 1.97. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The business’s fifty day moving average is $95.02 and its two-hundred day moving average is $71.76. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ON. Roth Mkm restated a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. B. Riley Financial raised onsemi from a “neutral” rating to a “buy” rating and set a $115.00 price target on the stock in a report on Thursday, April 23rd. Benchmark cut onsemi from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. Cantor Fitzgerald upped their price target on onsemi from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $101.00 price target (up from $66.00) on shares of onsemi in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: 247WallSt highlighted onsemi as a potential “big tech stock” for 2026, pointing to its sharp recovery and room for further upside. Prediction: ON Semiconductor Could Be 2026’s Big Tech Stock
• Positive Sentiment: Zacks said onsemi is gaining traction in renewable energy infrastructure, citing silicon-carbide technology, energy storage, microgrids, and new design wins tied to AI-driven power demand. How onsemi Is Winning in Renewable Energy Infrastructure
• Positive Sentiment: Recent commentary on sector positioning continues to frame ON as a beneficiary of demand tied to electrification and power efficiency, which supports the bull case for earnings growth.
• Neutral Sentiment: The company also presented at the Bank of America 2026 Global Technology Conference, which generally signals ongoing investor outreach but did not include a new material announcement. ON Semiconductor Corporation (ON) Presents at Bank of America 2026 Global Technology Conference Transcript
• Negative Sentiment: Quantum-computing stocks sold off sharply today after sector-specific pressure, reinforcing a risk-off tone across high-beta tech names that may be weighing on sentiment for semiconductor stocks like onsemi.

onsemi Company Profile

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.