6,164 Shares in onsemi $ON Acquired by PFG Investments LLC

PFG Investments LLC acquired a new position in shares of onsemi (NASDAQ:ON) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,164 shares of the semiconductor company’s stock, valued at approximately $382,000.

Other institutional investors have also recently modified their holdings of the company. CVA Family Office LLC increased its position in shares of onsemi by 83.7% in the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 215 shares during the period. Root Financial Partners LLC raised its stake in onsemi by 42.1% in the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 149 shares in the last quarter. DV Equities LLC bought a new stake in onsemi during the fourth quarter worth about $30,000. SHP Wealth Management bought a new stake in onsemi during the fourth quarter worth about $32,000. Finally, Summit Securities Group LLC grew its stake in onsemi by 346.3% during the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after buying an additional 464 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors.

Insider Transactions at onsemi

In other onsemi news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the transaction, the chief financial officer owned 301,194 shares of the company’s stock, valued at $28,011,042. This represents a 9.06% decrease in their position. The sale 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. 0.35% of the stock is currently owned by insiders.

onsemi Price Performance

Shares of NASDAQ:ON opened at $93.79 on Thursday. onsemi has a one year low of $44.56 and a one year 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 cap of $36.76 billion, a price-to-earnings ratio of 66.52, a PEG ratio of 0.81 and a beta of 2.01. The firm has a 50 day simple moving average of $111.09 and a 200 day simple moving average of $81.11.

onsemi (NASDAQ:ON) last posted its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the previous year, the firm posted $0.55 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. 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 fiscal year.

Wall Street Analyst Weigh In

ON has been the topic of several recent analyst reports. Wells Fargo & Company raised their target price on shares of onsemi from $115.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, June 9th. Roth Capital reiterated a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. Barclays lifted their price objective on shares of onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Truist Financial restated a “hold” rating and set a $101.00 price objective (up from $66.00) on shares of onsemi in a research report on Tuesday, May 5th. Finally, Evercore restated an “outperform” rating and set a $137.00 target price on shares of onsemi in a research note on Friday, June 26th. Thirteen equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, onsemi has a consensus rating of “Hold” and an average target price of $101.19.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi said it entered definitive agreements to sell two manufacturing sites, including part of a broader push to improve its cost structure and support gross margin expansion. onsemi Advances Fab Right Strategy with Agreements to Divest Two Manufacturing Facilities
• Positive Sentiment: The divestitures are aimed at channeling resources toward onsemi’s Fab Right manufacturing strategy, which management says should improve efficiency and profitability in key end markets such as AI data centers, automotive, and industrial chips. Onsemi to sell two chipmaking plants to cut costs
• Neutral Sentiment: Recent commentary also framed onsemi as a beneficiary of AI-driven automotive semiconductor demand, which may be reinforcing investor interest in the stock. 4 Semiconductor Stocks to Benefit as Cars Become AI-Powered
• Negative Sentiment: The move is partly offset by a recent downgrade from Zacks Research to “hold,” which may temper enthusiasm if investors focus more on valuation and execution risk. onsemi was downgraded by Zacks Research from “strong-buy” to “hold”

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.