MUFG Securities EMEA plc Acquires 8,668 Shares of onsemi $ON

MUFG Securities EMEA plc grew its holdings in onsemi (NASDAQ:ON) by 110.7% during the 4th quarter, Holdings Channel reports. The firm owned 16,496 shares of the semiconductor company’s stock after purchasing an additional 8,668 shares during the period. MUFG Securities EMEA plc’s holdings in onsemi were worth $893,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Ameriprise Financial Inc. boosted its stake in shares of onsemi by 7.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after purchasing an additional 877,533 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of onsemi by 8.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company’s stock valued at $360,828,000 after acquiring an additional 474,725 shares during the period. Norges Bank acquired a new stake in shares of onsemi in the 4th quarter valued at approximately $330,885,000. Rafferty Asset Management LLC raised its position in shares of onsemi by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after acquiring an additional 2,072,125 shares during the period. Finally, Capital International Investors raised its position in shares of onsemi by 0.5% in the 3rd quarter. Capital International Investors now owns 4,249,967 shares of the semiconductor company’s stock valued at $209,566,000 after acquiring an additional 22,699 shares during the period. Institutional investors own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

ON has been the topic of a number of analyst reports. Mizuho increased their price target on shares of onsemi from $130.00 to $150.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. TD Cowen increased their price target on shares of onsemi from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Piper Sandler increased their price target on shares of onsemi from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Craig Hallum reiterated a “hold” rating on shares of onsemi in a research report on Tuesday, February 10th. Finally, KeyCorp raised their target price on shares of onsemi from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $92.00.

Insider Activity at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider directly owned 173,943 shares of the company’s stock, valued at $10,205,235.81. This represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 66,114 shares of company stock worth $5,548,708 over the last 90 days. Corporate insiders own 0.35% of the company’s stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi has been included in new leveraged semiconductor ETFs tied to AI and chip exposure, which can boost investor attention and trading demand for the stock. AI Infrastructure Investing Goes Deeper: New Leveraged Semiconductor ETFs Tied To Microchip, NXP, ON Semi Hits The Market
• Positive Sentiment: A new product launch from Vadzo Imaging uses onsemi’s AR0234 sensor, highlighting continued design wins and demand for onsemi components in machine vision and imaging applications. Vadzo Imaging Launches MerlinPlus-234CGS: 2MP Color Global Shutter USB Camera with On-Board Storage, Based on Onsemi AR0234
• Neutral Sentiment: Recent marketplace news around onsemi-linked products and AI hardware reinforces the company’s relevance in growth markets, but does not add materially new financial information. Vadzo Imaging Introduces Innova-821CRE: 8MP Color HDR 4K GigE Camera Based on Onsemi AR0821 Sensor

onsemi Stock Performance

Shares of ON stock opened at $128.64 on Wednesday. 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 company has a market capitalization of $50.41 billion, a P/E ratio of 91.23, a price-to-earnings-growth ratio of 1.08 and a beta of 1.97. The company’s 50 day moving average price is $89.67 and its two-hundred day moving average price is $69.68. onsemi has a 52 week low of $41.88 and a 52 week high of $130.48.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the company posted $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, analysts expect that onsemi will post 3.09 earnings per share 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.