Andra AP fonden Trims Stock Holdings in onsemi $ON

Andra AP fonden decreased its holdings in onsemi (NASDAQ:ON) by 8.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 685,900 shares of the semiconductor company’s stock after selling 61,700 shares during the period. Andra AP fonden’s holdings in onsemi were worth $37,141,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. M&G PLC increased its stake in shares of onsemi by 7.6% in the third quarter. M&G PLC now owns 2,647,003 shares of the semiconductor company’s stock worth $129,703,000 after purchasing an additional 187,899 shares in the last quarter. Pictet Asset Management Holding SA increased its stake in shares of onsemi by 38.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock worth $215,624,000 after purchasing an additional 1,112,774 shares in the last quarter. Quantbot Technologies LP increased its stake in shares of onsemi by 67.3% in the third quarter. Quantbot Technologies LP now owns 94,146 shares of the semiconductor company’s stock worth $4,642,000 after purchasing an additional 37,881 shares in the last quarter. DNB Asset Management AS increased its stake in shares of onsemi by 30.9% in the third quarter. DNB Asset Management AS now owns 723,688 shares of the semiconductor company’s stock worth $35,685,000 after purchasing an additional 170,635 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new position in shares of onsemi in the third quarter worth about $991,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Insider Transactions 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 completion of the sale, the chief financial officer directly owned 301,194 shares in the company, valued at $28,011,042. The trade was a 9.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of onsemi from a “hold” rating to a “buy” rating in a research report on Monday, April 13th. Mizuho raised their price objective on shares of onsemi from $130.00 to $150.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Truist Financial restated a “hold” rating and issued a $101.00 price objective (up from $66.00) on shares of onsemi in a research report on Tuesday, May 5th. Weiss Ratings restated a “sell (d+)” rating on shares of onsemi in a research report on Wednesday, April 29th. Finally, Susquehanna raised their price objective on shares of onsemi from $100.00 to $120.00 and gave the company a “positive” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, onsemi has an average rating of “Moderate Buy” and an average target price of $92.96.

onsemi Trading Up 5.3%

Shares of onsemi stock opened at $115.96 on Friday. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The firm has a market cap of $45.44 billion, a PE ratio of 82.24, a PEG ratio of 0.98 and a beta of 1.97. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14. The company has a 50 day simple moving average of $99.56 and a two-hundred day simple moving average of $73.92.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the business posted $0.55 earnings per share. onsemi’s revenue for the quarter was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Analysts expect that onsemi will post 3.09 earnings per share for the current fiscal year.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi’s new GaNEXUS GaN power lineup could boost its AI data center and industrial growth opportunity by addressing demand for faster, more efficient power solutions. Will GaNEXUS Accelerate ON’s AI Data Center Growth Story?
• Positive Sentiment: Analyst-style coverage and market commentary suggest the recent ON rally may have more room to run, which can support buying interest. ON Semiconductor: The Rally Still Has Legs
• Neutral Sentiment: ON Semiconductor Corp. was highlighted as a trending stock on Zacks, indicating elevated investor attention but no new fundamental update by itself. ON Semiconductor Corporation (ON) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: A prior session showed ON Semiconductor fell sharply, reminding investors the stock remains volatile and can give back gains quickly. ON Semiconductor Corp. (ON) Registers a Bigger Fall Than the Market: Important Facts to Note

onsemi 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.