MassMutual Private Wealth & Trust FSB Buys 871 Shares of ON Semiconductor Corporation $ON

MassMutual Private Wealth & Trust FSB lifted its holdings in ON Semiconductor Corporation (NASDAQ:ON) by 69.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,134 shares of the semiconductor company’s stock after acquiring an additional 871 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in ON Semiconductor were worth $112,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in ON. Costello Asset Management INC bought a new position in shares of ON Semiconductor in the first quarter worth about $26,000. Golden State Wealth Management LLC boosted its stake in shares of ON Semiconductor by 83.3% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 320 shares during the period. Opal Wealth Advisors LLC bought a new position in shares of ON Semiconductor in the first quarter worth about $41,000. Geneos Wealth Management Inc. boosted its stake in shares of ON Semiconductor by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after acquiring an additional 507 shares during the period. Finally, Rakuten Securities Inc. boosted its stake in shares of ON Semiconductor by 61.9% in the first quarter. Rakuten Securities Inc. now owns 1,376 shares of the semiconductor company’s stock worth $56,000 after acquiring an additional 526 shares during the period. Institutional investors own 97.70% of the company’s stock.

ON Semiconductor Stock Performance

NASDAQ ON opened at $51.07 on Friday. The stock has a market capitalization of $20.89 billion, a price-to-earnings ratio of 47.73, a PEG ratio of 2.58 and a beta of 1.48. ON Semiconductor Corporation has a twelve month low of $31.04 and a twelve month high of $76.06. The company has a current ratio of 5.02, a quick ratio of 3.37 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average of $52.22 and a 200 day moving average of $47.23.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same period in the previous year, the company earned $0.96 EPS. ON Semiconductor’s revenue was down 15.4% compared to the same quarter last year. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. Sell-side analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

Insider Activity at ON Semiconductor

In related news, CEO Hassane El-Khoury sold 15,000 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total value of $768,300.00. Following the completion of the transaction, the chief executive officer directly owned 977,814 shares in the company, valued at approximately $50,083,633.08. This represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on ON shares. Wells Fargo & Company dropped their price target on ON Semiconductor from $65.00 to $62.00 and set an “overweight” rating for the company in a research note on Tuesday, August 5th. Rosenblatt Securities dropped their price target on ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, August 5th. The Goldman Sachs Group started coverage on ON Semiconductor in a research note on Thursday, July 10th. They set a “neutral” rating and a $60.00 price target for the company. Piper Sandler reissued an “overweight” rating on shares of ON Semiconductor in a research note on Monday, August 4th. Finally, Cantor Fitzgerald started coverage on ON Semiconductor in a research note on Wednesday, June 18th. They set a “neutral” rating and a $55.00 price target for the company. Twelve analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $56.68.

About ON Semiconductor

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.