CENTRAL TRUST Co Cuts Stock Position in onsemi $ON

CENTRAL TRUST Co trimmed its position in shares of onsemi (NASDAQ:ON) by 73.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,075 shares of the semiconductor company’s stock after selling 5,781 shares during the quarter. CENTRAL TRUST Co’s holdings in onsemi were worth $128,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Cidel Asset Management Inc. acquired a new stake in shares of onsemi during the first quarter worth about $223,000. Krilogy Financial LLC grew its holdings in shares of onsemi by 10.1% in the first quarter. Krilogy Financial LLC now owns 11,197 shares of the semiconductor company’s stock valued at $693,000 after purchasing an additional 1,030 shares in the last quarter. Baker Ellis Asset Management LLC increased its stake in onsemi by 12.5% during the 1st quarter. Baker Ellis Asset Management LLC now owns 78,816 shares of the semiconductor company’s stock worth $4,880,000 after buying an additional 8,745 shares during the period. Brookstone Capital Management increased its stake in onsemi by 35.0% during the 1st quarter. Brookstone Capital Management now owns 5,030 shares of the semiconductor company’s stock worth $311,000 after buying an additional 1,303 shares during the period. Finally, Evexia Wealth LLC lifted its holdings in onsemi by 1.1% during the 1st quarter. Evexia Wealth LLC now owns 13,328 shares of the semiconductor company’s stock worth $825,000 after buying an additional 142 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Negative Sentiment: The Synaptics deal is onsemi’s largest acquisition ever, and the market is worried about valuation, integration risk, and whether the benefits will justify the price. The $7 Billion Reason ON Semiconductor Stock Is Down Today
• Negative Sentiment: Because the transaction is all stock, existing shareholders face dilution, and some analysts said the deal adds complexity to an already complicated business model. ON Semi tanks 20% following Synaptics deal as CEO defends core business
• Neutral Sentiment: Management says the acquisition expands onsemi’s addressable market, strengthens its edge-AI and connectivity portfolio, and should be accretive to non-GAAP EPS within about 18 months if synergies are realized. onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI
• Neutral Sentiment: Separately, onsemi recently updated Q2 2026 guidance with EPS and revenue ranges that were roughly in line to slightly below expectations, which may be adding to investor caution. Why Is ON Semiconductor Stock Falling On Friday?

Wall Street Analyst Weigh In

Several equities analysts have commented on ON shares. Robert W. Baird raised their price target on shares of onsemi from $56.00 to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Roth Mkm reiterated a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Morgan Stanley lifted their target price on onsemi from $85.00 to $87.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Needham & Company LLC lifted their target price on onsemi from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday. Finally, Citigroup boosted their target price on onsemi from $100.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $102.35.

onsemi Trading Down 23.7%

NASDAQ ON opened at $90.65 on Friday. The firm’s fifty day moving average price is $110.67 and its 200 day moving average price is $78.83. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. 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 market capitalization of $35.53 billion, a price-to-earnings ratio of 64.29, a price-to-earnings-growth ratio of 0.81 and a beta of 1.97.

onsemi (NASDAQ:ON) last announced its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the company earned $0.55 earnings per share. onsemi’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, sell-side analysts expect that onsemi will post 3.09 earnings per share for the current fiscal year.

Insider Activity at onsemi

In other news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the sale, the chief financial officer owned 301,194 shares in the company, valued at approximately $28,011,042. The trade was 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 accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.35% of the company’s stock.

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.