Baker Ellis Asset Management LLC Raises Holdings in onsemi $ON

Baker Ellis Asset Management LLC boosted its holdings in shares of onsemi (NASDAQ:ON) by 12.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,816 shares of the semiconductor company’s stock after acquiring an additional 8,745 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in onsemi were worth $4,880,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ON. Evexia Wealth LLC raised its holdings in onsemi by 1.1% in the 1st quarter. Evexia Wealth LLC now owns 13,328 shares of the semiconductor company’s stock valued at $825,000 after buying an additional 142 shares during the period. Root Financial Partners LLC boosted its position in shares of onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the period. Deseret Mutual Benefit Administrators lifted its stake in onsemi by 28.2% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 160 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of onsemi by 3.3% during the fourth quarter. Parallel Advisors LLC now owns 5,847 shares of the semiconductor company’s stock worth $317,000 after buying an additional 189 shares during the period. Finally, Cromwell Holdings LLC grew its stake in shares of onsemi by 17.4% in 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 in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi launched its GaNEXUS power portfolio for AI data centers and robotics, reinforcing its growth story in high-demand power management markets.
• Positive Sentiment: Wells Fargo reiterated an Overweight rating and raised its price target to $140 from $115, citing the emerging “physical AI” opportunity.
• Positive Sentiment: Zacks noted that investors have been paying close attention to ON, suggesting rising market interest ahead of further catalysts.
• Positive Sentiment: onsemi’s recent earnings beat and raised guidance continue to support confidence in operating momentum and execution.
• Neutral Sentiment: Broader market commentary has also compared onsemi to a potential long-term beneficiary of AI inference and data-center spending, but this remains a thematic view rather than a company-specific update.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Susquehanna boosted their price objective on onsemi from $100.00 to $120.00 and gave the company a “positive” rating in a report on Tuesday, May 5th. Citigroup lifted their target price on onsemi from $100.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. TD Cowen increased their price target on shares of onsemi from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Finally, Cantor Fitzgerald lifted their price objective on shares of onsemi from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.68.

Insider Activity

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

onsemi Trading Up 8.2%

ON opened at $131.55 on Tuesday. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a market cap of $51.55 billion, a P/E ratio of 93.30, a PEG ratio of 1.08 and a beta of 1.97. 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 business’s 50-day simple moving average is $107.52 and its 200-day simple moving average is $77.45.

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 the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, equities research analysts expect that onsemi will post 3.09 EPS for the current fiscal year.

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.