Fulton Bank N.A. Takes Position in onsemi $ON

Posted by ABMN Staff on Jul 4th, 2026

Fulton Bank N.A. purchased a new position in shares of onsemi (NASDAQ:ON – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,178 shares of the semiconductor company’s stock, valued at approximately $444,000.

A number of other large investors also recently bought and sold shares of the business. Pictet Asset Management Holding SA increased its stake in onsemi by 38.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock worth $215,624,000 after buying an additional 1,112,774 shares during the period. Capital International Investors boosted its position in onsemi by 0.5% in the 3rd quarter. Capital International Investors now owns 4,249,967 shares of the semiconductor company’s stock valued at $209,566,000 after buying an additional 22,699 shares during the period. Carmel Capital Partners LLC grew its stake in onsemi by 119.3% in the 4th quarter. Carmel Capital Partners LLC now owns 73,416 shares of the semiconductor company’s stock worth $3,975,000 after acquiring an additional 39,944 shares in the last quarter. Twin Capital Management Inc. bought a new position in onsemi in the 4th quarter worth about $585,000. Finally, F&V Capital Management LLC purchased a new position in shares of onsemi during the fourth quarter worth approximately $15,075,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

onsemi Stock Performance

Shares of NASDAQ:ON opened at $91.22 on Friday. The firm has a 50 day moving average of $111.39 and a 200 day moving average of $80.11. 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 company has a market capitalization of $35.75 billion, a price-to-earnings ratio of 64.70, a price-to-earnings-growth ratio of 0.81 and a beta of 2.01. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92.

onsemi (NASDAQ:ON – Get Free Report) 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 return on equity of 12.79% and a net margin of 9.46%.The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the firm earned $0.55 EPS. The business’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. On average, sell-side analysts predict that onsemi will post 3.09 earnings per share for the current fiscal year.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

Positive Sentiment: Cantor Fitzgerald raised its price target on onsemi to $110 from $100, keeping a Neutral rating but citing the durability of the AI infrastructure semiconductor cycle. Cantor Fitzgerald Raises Price Target on ON Semiconductor Corporation (ON)
Positive Sentiment: Investor interest in onsemi remains elevated, with Zacks noting that users have been heavily searching for the stock, often a sign of increased attention ahead of a catalyst. Investors Heavily Search ON Semiconductor Corporation (ON)
Neutral Sentiment: Kahn Swick & Foti said it is investigating the adequacy of price and process in onsemi’s proposed acquisition of Synaptics, adding legal uncertainty around the deal. Synaptics Investor Alert: Kahn Swick & Foti Investigates Adequacy of Price and Process in Proposed Sale of Synaptics Incorporated – SYNA
Negative Sentiment: Pomerantz separately opened an investor investigation into onsemi following the Synaptics deal announcement, which may keep pressure on sentiment until the transaction is clarified. ON Semiconductor (ON) Stock Faces Investor Investigation After Synaptics Deal

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Mizuho lowered their price target on onsemi from $150.00 to $125.00 and set an “outperform” rating for the company in a report on Wednesday. Bank of America raised their price objective on onsemi from $115.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Wall Street Zen raised onsemi from a “hold” rating to a “buy” rating in a research report on Monday, April 13th. Rosenblatt Securities upped their target price on onsemi from $60.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. Finally, Morgan Stanley increased their price target on onsemi from $85.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $101.19.

Check Out Our Latest Analysis on onsemi

Insider Buying and Selling

In related 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 value 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. This trade represents a 9.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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.

About onsemi

(Free Report)

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.