National Pension Service Has $70.76 Million Stock Holdings in onsemi $ON

National Pension Service decreased its position in shares of onsemi (NASDAQ:ON) by 19.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 748,458 shares of the semiconductor company’s stock after selling 185,882 shares during the period. National Pension Service owned approximately 0.19% of onsemi worth $70,759,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC increased 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 worth $27,000 after acquiring an additional 149 shares during the period. DV Equities LLC bought a new stake in onsemi in the 4th quarter valued at about $30,000. Ascentis Independent Advisors bought a new stake in onsemi in the 1st quarter valued at about $36,000. SHP Wealth Management acquired a new position in shares of onsemi during the 4th quarter worth approximately $32,000. Finally, Summit Securities Group LLC grew its position in shares of onsemi by 346.3% during the 4th quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 464 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Investor attention is focused on onsemi’s exposure to artificial-intelligence infrastructure. Management has indicated that AI data-center revenue is its fastest-growing business and could more than double in 2026, supporting optimism about demand for the company’s power-management and semiconductor products. onsemi gains as investors look ahead to Investor Day and AI-power growth
• Positive Sentiment: onsemi’s second-quarter 2026 results were above the midpoint of guidance for revenue, gross margin and earnings per share, reinforcing confidence that operating performance is improving. The company also continues to pursue its proposed all-stock acquisition of Synaptics, a transaction intended to expand its reach into AI infrastructure, physical AI and intelligent systems. onsemi gains as investors look ahead to Investor Day and AI-power growth
• Positive Sentiment: A sector-wide semiconductor rally is providing an additional lift, suggesting that broader enthusiasm for AI-related chip demand is contributing to buying interest in ON. ON Semiconductor Jumps Amid Sector-Wide Rally
• Neutral Sentiment: Market interest in onsemi has increased, with the stock appearing among the most-searched semiconductor names. The attention may improve trading momentum, but the report does not identify a new fundamental catalyst. Investors Heavily Search ON Semiconductor Corporation
• Negative Sentiment: Recent analyst caution remains a risk. Wells Fargo previously lowered its price target, contributing to volatility and highlighting concerns about valuation and the pace of the semiconductor recovery. ON Semiconductor stock stabilizes after Wells Fargo target cut

Analysts Set New Price Targets

ON has been the subject of a number of analyst reports. UBS Group reiterated a “neutral” rating and issued a $95.00 price target on shares of onsemi in a research report on Monday, June 29th. Weiss Ratings raised onsemi from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 7th. Cantor Fitzgerald reiterated a “neutral” rating on shares of onsemi in a research report on Wednesday. TD Cowen reduced their target price on onsemi from $110.00 to $95.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Finally, Robert W. Baird raised their price target on onsemi from $100.00 to $108.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Fifteen analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $96.44.

onsemi Stock Performance

NASDAQ ON opened at $76.14 on Friday. The firm’s 50 day simple moving average is $81.59 and its 200 day simple moving average is $87.26. The firm has a market capitalization of $29.64 billion, a price-to-earnings ratio of 48.81, a P/E/G ratio of 0.58 and a beta of 2.00. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92.

onsemi (NASDAQ:ON) last announced its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the business earned $0.53 earnings per share. The company’s revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, research analysts expect that onsemi will post 3.23 earnings per share for the current fiscal year.

About onsemi

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.