Applied Finance Capital Management LLC Buys 225 Shares of ON Semiconductor Corporation $ON

Applied Finance Capital Management LLC increased its stake in shares of ON Semiconductor Corporation (NASDAQ:ON) by 2.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,668 shares of the semiconductor company’s stock after acquiring an additional 225 shares during the period. Applied Finance Capital Management LLC’s holdings in ON Semiconductor were worth $559,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of ON. Baillie Gifford & Co. bought a new stake in ON Semiconductor during the first quarter worth about $219,001,000. Pacer Advisors Inc. increased its position in ON Semiconductor by 2,735.5% during the first quarter. Pacer Advisors Inc. now owns 2,146,221 shares of the semiconductor company’s stock worth $87,330,000 after buying an additional 2,070,529 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in ON Semiconductor by 26.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 5,061,245 shares of the semiconductor company’s stock worth $203,462,000 after buying an additional 1,055,461 shares during the last quarter. Nuveen LLC acquired a new position in ON Semiconductor during the first quarter worth approximately $38,548,000. Finally, Price T Rowe Associates Inc. MD increased its position in ON Semiconductor by 94.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,502,700 shares of the semiconductor company’s stock worth $61,145,000 after buying an additional 728,177 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

ON Semiconductor Trading Down 0.8%

Shares of NASDAQ:ON opened at $52.53 on Friday. The company has a market capitalization of $21.48 billion, a P/E ratio of 49.09, a P/E/G ratio of 2.64 and a beta of 1.49. ON Semiconductor Corporation has a 1 year low of $31.04 and a 1 year high of $76.06. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.02 and a quick ratio of 3.37. The business’s 50 day simple moving average is $49.83 and its 200 day simple moving average is $48.11.

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

Insider Buying and Selling at ON Semiconductor

In related news, CEO Hassane El-Khoury sold 15,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total transaction of $768,300.00. Following the sale, the chief executive officer owned 977,814 shares of the company’s stock, valued at $50,083,633.08. This trade represents a 1.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. B. Riley reissued a “neutral” rating on shares of ON Semiconductor in a research report on Tuesday, August 5th. UBS Group lowered their price target on ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of ON Semiconductor in a research report on Wednesday, October 8th. Citigroup lowered their price target on ON Semiconductor from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 5th. Finally, Truist Financial upped their target price on ON Semiconductor from $43.00 to $49.00 and gave the company a “hold” rating in a research report on Tuesday, August 5th. Twelve equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $56.68.

ON Semiconductor 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.