Lombard Odier Asset Management Switzerland SA Acquires 65,700 Shares of onsemi $ON

Lombard Odier Asset Management Switzerland SA lifted its stake in shares of onsemi (NASDAQ:ON) by 353.3% in the fourth quarter, HoldingsChannel reports. The fund owned 84,298 shares of the semiconductor company’s stock after acquiring an additional 65,700 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in onsemi were worth $4,565,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ON. CVA Family Office LLC grew its stake in shares of onsemi by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 215 shares during the period. Root Financial Partners LLC grew its stake in shares of onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 149 shares during the period. Darwin Wealth Management LLC bought a new position in shares of onsemi during the 2nd quarter valued at approximately $32,000. Close Asset Management Ltd bought a new position in shares of onsemi during the 3rd quarter valued at approximately $38,000. Finally, Deseret Mutual Benefit Administrators grew its stake in shares of onsemi by 28.2% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 160 shares during the period. 97.70% of the stock is currently owned by institutional investors.

onsemi Stock Down 6.1%

ON opened at $118.25 on Wednesday. The firm has a 50-day simple moving average of $103.05 and a two-hundred day simple moving average of $75.44. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The company has a market capitalization of $46.34 billion, a PE ratio of 83.87, a price-to-earnings-growth ratio of 1.12 and a beta of 1.97. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41.

onsemi (NASDAQ:ON) last released its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The business had revenue of $1.51 billion during 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 revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Analysts forecast that onsemi will post 3.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of onsemi from $115.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, June 9th. Morgan Stanley upped their target price on shares of onsemi from $85.00 to $87.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. TD Cowen upped their target price on shares of onsemi from $80.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Roth Mkm reaffirmed a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Finally, Wall Street Zen raised shares of onsemi from a “hold” rating to a “buy” rating in a report on Monday, April 13th. One 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 issued a Sell rating to the company. Based on data from MarketBeat.com, onsemi has an average rating of “Moderate Buy” and an average target price of $94.68.

Insider Activity at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the stock in a transaction that occurred on Thursday, April 23rd. The stock was 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 in the company, valued at approximately $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Negative Sentiment: Chip stocks retreated as markets reassessed interest-rate expectations ahead of the Federal Reserve meeting, pressuring onsemi alongside the broader semiconductor group. onsemi slides 5.9% as chip stocks retreat amid rate jitters; recent convertible-notes financing may add technical pressure
• Negative Sentiment: Recent convertible-notes financing may be adding near-term technical selling pressure to ON shares through hedging activity, even though the transaction also included a share repurchase. onsemi slides 5.9% as chip stocks retreat amid rate jitters; recent convertible-notes financing may add technical pressure
• Neutral Sentiment: Separately, a new camera product from Vadzo Imaging was introduced using onsemi’s Hyperlux LP sensor, which highlights ongoing design-win activity but is unlikely to move the stock on its own. Vadzo Imaging Introduces Falcon-544MRS: 5MP Monochrome USB Camera Based on Onsemi Hyperlux LP AR0544

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.