ON Semiconductor Corporation $ON Stock Holdings Lowered by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC reduced its holdings in ON Semiconductor Corporation (NASDAQ:ON) by 26.0% during the second quarter, Holdings Channel reports. The firm owned 14,335 shares of the semiconductor company’s stock after selling 5,046 shares during the period. Clear Creek Financial Management LLC’s holdings in ON Semiconductor were worth $751,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ON. Costello Asset Management INC bought a new stake in shares of ON Semiconductor in the 1st quarter worth approximately $26,000. Golden State Wealth Management LLC raised its holdings in shares of ON Semiconductor by 83.3% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 320 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of ON Semiconductor in the 1st quarter worth approximately $41,000. Geneos Wealth Management Inc. raised its holdings in shares of ON Semiconductor by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 507 shares in the last quarter. Finally, Rakuten Securities Inc. raised its holdings in shares of ON Semiconductor by 61.9% in the 1st quarter. Rakuten Securities Inc. now owns 1,376 shares of the semiconductor company’s stock worth $56,000 after purchasing an additional 526 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors.

ON Semiconductor Stock Performance

Shares of ON opened at $45.74 on Friday. The company’s 50 day moving average price is $49.46 and its 200 day moving average price is $47.80. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $76.06. The company has a market capitalization of $18.71 billion, a PE ratio of 42.75, a PEG ratio of 2.49 and a beta of 1.49. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The business’s revenue was down 15.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.96 earnings per share. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. Research analysts expect that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ON. Stifel Nicolaus boosted their price target on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 18th. Citigroup cut their price target on shares of ON Semiconductor from $60.00 to $54.00 and set a “neutral” rating on the stock in a report on Tuesday, August 5th. Bank of America cut their price target on shares of ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. Piper Sandler restated an “overweight” rating on shares of ON Semiconductor in a report on Monday, August 4th. Finally, Cantor Fitzgerald began coverage on shares of ON Semiconductor in a report on Wednesday, June 18th. They set a “neutral” rating and a $55.00 price target on the stock. Twelve investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat.com, ON Semiconductor presently has an average rating of “Hold” and an average target price of $56.68.

Insider Buying and Selling

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the completion of the sale, the chief executive officer directly owned 977,814 shares of the company’s stock, valued at $50,083,633.08. The trade was a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.31% of the stock is owned by corporate insiders.

ON Semiconductor 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.