Y Intercept Hong Kong Ltd Invests $1.13 Million in ON Semiconductor Corporation $ON

Y Intercept Hong Kong Ltd purchased a new position in shares of ON Semiconductor Corporation (NASDAQ:ON) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 22,993 shares of the semiconductor company’s stock, valued at approximately $1,134,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ON. Private Trust Co. NA raised its position in shares of ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 220 shares during the last quarter. Quent Capital LLC purchased a new stake in ON Semiconductor during the 3rd quarter valued at about $28,000. Migdal Insurance & Financial Holdings Ltd. grew its stake in ON Semiconductor by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 235 shares in the last quarter. Deseret Mutual Benefit Administrators raised its holdings in ON Semiconductor by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 218 shares during the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new position in ON Semiconductor in the 2nd quarter worth approximately $29,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Exane BNP Paribas upgraded ON Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 22nd. Benchmark restated a “buy” rating on shares of ON Semiconductor in a report on Tuesday, November 4th. Bank of America raised their target price on ON Semiconductor from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Truist Financial boosted their price target on shares of ON Semiconductor from $51.00 to $57.00 and gave the company a “hold” rating in a research report on Friday, December 19th. Finally, Robert W. Baird raised their price objective on shares of ON Semiconductor from $48.00 to $56.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. Thirteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $61.30.

ON Semiconductor Trading Down 3.7%

NASDAQ ON opened at $59.89 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.23 and a quick ratio of 3.54. The stock has a market capitalization of $24.10 billion, a P/E ratio of 77.78, a PEG ratio of 2.70 and a beta of 1.55. The firm’s 50-day moving average is $56.77 and its two-hundred day moving average is $52.92. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $66.86.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm earned $0.99 EPS. The business’s revenue was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. On average, sell-side analysts anticipate that ON Semiconductor Corporation will post 2.6 earnings per share for the current year.

ON Semiconductor declared that its Board of Directors has approved a share repurchase plan on Tuesday, November 18th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 32.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Trending Headlines about ON Semiconductor

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Technical/momentum boost — ON has crossed an 80+ relative strength benchmark, a signal some momentum traders use to add positions. This likely attracted short‑term buyers and explains pockets of interest despite broader weakness. ON Semiconductor reaches 80-plus relative strength rating benchmark
• Neutral Sentiment: Fundamental context — ON beat Q3 estimates (EPS $0.63 vs $0.59) and set Q4 fiscal guidance of $0.57–$0.67, showing modest operating resilience. However revenue is still down year‑over‑year, so results are mixed for longer‑term investors.
• Negative Sentiment: Underperformance vs. peers — market commentary flags ON underperforming competitors today, which can trigger relative‑performance selling from ETF/sector funds and active managers. ON Semiconductor Corp. stock underperforms Thursday when compared to competitors
• Negative Sentiment: Larger intraday drop noted by analysts/news — coverage highlights ON suffered a bigger decline than the general market in the latest session, which often amplifies volatility as algorithmic and momentum strategies accelerate selling. ON Semiconductor Corp. (ON) Suffers a Larger Drop Than the General Market
• Negative Sentiment: Valuation and volume risk — ON trades at a rich P/E (~77.8) and mid‑day volume exceeded average, suggesting sellers are active and the stock is more vulnerable to negative news or macro/sector rotation.

Insider Buying and Selling

In other ON Semiconductor news, CFO Trent Thad sold 20,000 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the transaction, the chief financial officer directly owned 379,448 shares in the company, valued at $20,888,612.40. This represents a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is owned by company insiders.

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.