Entropy Technologies LP Invests $3.45 Million in onsemi $ON

Entropy Technologies LP purchased a new stake in shares of onsemi (NASDAQ:ON) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 63,618 shares of the semiconductor company’s stock, valued at approximately $3,445,000.

Several other large investors have also recently bought and sold shares of the business. Root Financial Partners LLC raised its position in 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. Deseret Mutual Benefit Administrators raised its position in onsemi by 28.2% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 160 shares during the period. Parallel Advisors LLC raised its position in onsemi by 3.3% during the fourth quarter. Parallel Advisors LLC now owns 5,847 shares of the semiconductor company’s stock valued at $317,000 after buying an additional 189 shares during the period. Cromwell Holdings LLC raised its position in onsemi by 17.4% during the fourth quarter. Cromwell Holdings LLC now owns 1,312 shares of the semiconductor company’s stock valued at $71,000 after buying an additional 194 shares during the period. Finally, Westside Investment Management Inc. raised its position in onsemi by 9.3% during the fourth quarter. Westside Investment Management Inc. now owns 2,360 shares of the semiconductor company’s stock valued at $128,000 after buying an additional 200 shares during the period. 97.70% of the stock is owned by institutional investors and hedge funds.

onsemi Stock Performance

Shares of NASDAQ ON opened at $116.79 on Monday. The business’s 50-day moving average price is $100.65 and its two-hundred day moving average price is $74.41. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a market capitalization of $45.77 billion, a P/E ratio of 82.83, a price-to-earnings-growth ratio of 1.04 and a beta of 1.97.

onsemi (NASDAQ:ON) last issued its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the company posted $0.55 earnings per share. The business’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. Analysts anticipate that onsemi will post 3.09 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction 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 owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. The trade was a 9.06% decrease in their position. 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. Insiders own 0.35% of the company’s stock.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Coverage of onsemi’s new GaNEXUS power portfolio and Elite Pairing Studio suggests the company is strengthening its product suite for AI, EV, and industrial power applications. Does onsemi’s New GaNEXUS Toolkit Subtly Reframe Its Long-Term Power Leadership Story (ON)?
• Positive Sentiment: onsemi was highlighted as a trending stock and included in a broader semiconductor rally, which is likely supporting near-term buying interest. ON Semiconductor Corporation (ON) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Recent market commentary noted onsemi moving with other semiconductor names as the Nasdaq bounced, pointing to sector-driven momentum rather than a new fundamental catalyst. Penguin Solutions, onsemi, and Photronics Shares Skyrocket, What You Need To Know

Wall Street Analyst Weigh In

Several research firms recently weighed in on ON. Morgan Stanley upped their price target on onsemi from $85.00 to $87.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Zacks Research raised onsemi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. Robert W. Baird upped their price target on onsemi from $56.00 to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial reissued a “hold” rating and set a $101.00 price target (up from $66.00) on shares of onsemi in a research report on Tuesday, May 5th. Finally, Roth Mkm reissued a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $92.96.

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.