Optas LLC Acquires New Position in onsemi $ON

Posted by Kim Johansen on Jul 4th, 2026

Optas LLC acquired a new stake in shares of onsemi (NASDAQ:ON – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,944 shares of the semiconductor company’s stock, valued at approximately $430,000.

A number of other large investors have also recently modified their holdings of the business. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of onsemi by 52.4% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 89,614 shares of the semiconductor company’s stock valued at $5,549,000 after acquiring an additional 30,800 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in onsemi during the 1st quarter worth $298,000. Boston Trust Walden Corp grew its position in onsemi by 524.0% during the 1st quarter. Boston Trust Walden Corp now owns 1,038,146 shares of the semiconductor company’s stock worth $64,282,000 after acquiring an additional 871,786 shares during the last quarter. Keybank National Association OH increased its holdings in onsemi by 35.4% in the 1st quarter. Keybank National Association OH now owns 5,888 shares of the semiconductor company’s stock worth $365,000 after purchasing an additional 1,539 shares in the last quarter. Finally, Root Financial Partners LLC increased its holdings in onsemi by 39.4% in the 1st quarter. Root Financial Partners LLC now owns 701 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 198 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

onsemi Stock Performance

Shares of ON stock opened at $91.22 on Friday. onsemi has a 1-year low of $44.56 and a 1-year high of $134.92. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The stock has a market cap of $35.75 billion, a price-to-earnings ratio of 64.70, a PEG ratio of 0.81 and a beta of 2.01. The stock has a 50-day moving average of $111.39 and a 200-day moving average of $80.11.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Barclays lifted their price target on onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Evercore reiterated an “outperform” rating and issued a $137.00 price objective on shares of onsemi in a report on Friday, June 26th. Zacks Research upgraded shares of onsemi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Finally, Wells Fargo & Company upped their price target on shares of onsemi from $115.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $101.19.

View Our Latest Report on ON

More onsemi News

Here are the key news stories impacting onsemi this week:

Positive Sentiment: Cantor Fitzgerald raised its price target on onsemi to $110 from $100, keeping a Neutral rating but citing the durability of the AI infrastructure semiconductor cycle. Cantor Fitzgerald Raises Price Target on ON Semiconductor Corporation (ON)
Positive Sentiment: Investor interest in onsemi remains elevated, with Zacks noting that users have been heavily searching for the stock, often a sign of increased attention ahead of a catalyst. Investors Heavily Search ON Semiconductor Corporation (ON)
Neutral Sentiment: Kahn Swick & Foti said it is investigating the adequacy of price and process in onsemi’s proposed acquisition of Synaptics, adding legal uncertainty around the deal. Synaptics Investor Alert: Kahn Swick & Foti Investigates Adequacy of Price and Process in Proposed Sale of Synaptics Incorporated – SYNA
Negative Sentiment: Pomerantz separately opened an investor investigation into onsemi following the Synaptics deal announcement, which may keep pressure on sentiment until the transaction is clarified. ON Semiconductor (ON) Stock Faces Investor Investigation After Synaptics Deal

Insider Activity

In other news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the sale, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.35% of the company’s stock.

onsemi Company Profile

(Free Report)

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.