Bessemer Group Inc. Purchases 9,715 Shares of onsemi $ON

Bessemer Group Inc. lifted its position in shares of onsemi (NASDAQ:ON) by 12.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,292 shares of the semiconductor company’s stock after purchasing an additional 9,715 shares during the period. Bessemer Group Inc.’s holdings in onsemi were worth $5,406,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ON. Kestra Private Wealth Services LLC raised its position in onsemi by 2.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 4,554 shares of the semiconductor company’s stock valued at $282,000 after purchasing an additional 125 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of onsemi by 1.8% in the 1st quarter. Apollon Wealth Management LLC now owns 7,130 shares of the semiconductor company’s stock worth $441,000 after buying an additional 127 shares during the last quarter. Evexia Wealth LLC grew its position in shares of onsemi by 1.1% in 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 during the last quarter. Root Financial Partners LLC increased its stake in shares of onsemi by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 149 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in shares of onsemi by 2.7% during the first quarter. V Square Quantitative Management LLC now owns 5,946 shares of the semiconductor company’s stock valued at $368,000 after buying an additional 157 shares during the period. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Insider Buying and Selling

In other news, CFO Trent Thad sold 30,000 shares of the business’s stock in a transaction 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 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ON. Evercore reaffirmed an “outperform” rating and issued a $137.00 price target on shares of onsemi in a research note on Friday, June 26th. Robert W. Baird boosted their price objective 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. Zacks Research downgraded shares of onsemi from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Morgan Stanley upped their price objective on shares of onsemi from $85.00 to $87.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Finally, B. Riley Financial raised their target price on shares of onsemi from $118.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Fourteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, onsemi currently has a consensus rating of “Hold” and an average target price of $102.24.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Neutral Sentiment: MarketBeat highlighted onsemi as one of the “ugliest stocks” now attracting expensive options bets, suggesting some traders are looking for a rebound in oversold names, but this is more sentiment-driven than fundamental. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence (ON)
• Positive Sentiment: The broader article argues that institutional options activity can signal a potential rebound in oversold stocks, which could support investor interest in onsemi if sentiment toward semiconductors improves. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence (ON)

onsemi Stock Down 0.8%

Shares of NASDAQ:ON opened at $86.70 on Tuesday. The firm has a market capitalization of $33.98 billion, a P/E ratio of 61.49, a P/E/G ratio of 0.78 and a beta of 2.01. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. The stock has a 50 day moving average price of $109.49 and a 200-day moving average price of $83.17. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92.

onsemi (NASDAQ:ON) last released its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, equities research analysts anticipate that onsemi will post 3.1 EPS for the current fiscal year.

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.