TD Private Client Wealth LLC Buys New Holdings in ON Semiconductor Corporation $ON

TD Private Client Wealth LLC bought a new stake in ON Semiconductor Corporation (NASDAQ:ON) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,575 shares of the semiconductor company’s stock, valued at approximately $187,000.

Other hedge funds have also bought and sold shares of the company. United Services Automobile Association acquired a new stake in ON Semiconductor in the 1st quarter valued at about $401,000. Golden State Wealth Management LLC lifted its position in ON Semiconductor by 83.3% during 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 last quarter. Avantax Advisory Services Inc. lifted its position in ON Semiconductor by 4.8% during the first quarter. Avantax Advisory Services Inc. now owns 10,026 shares of the semiconductor company’s stock worth $408,000 after acquiring an additional 463 shares during the last quarter. Empowered Funds LLC lifted its position in ON Semiconductor by 29.0% during the first quarter. Empowered Funds LLC now owns 207,321 shares of the semiconductor company’s stock worth $8,436,000 after acquiring an additional 46,551 shares during the last quarter. Finally, Woodline Partners LP acquired a new stake in ON Semiconductor during the first quarter worth approximately $9,505,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ON shares. Stifel Nicolaus raised their price objective on shares of ON Semiconductor from $42.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 18th. Needham & Company LLC raised their price objective on shares of ON Semiconductor from $50.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, August 4th. KeyCorp raised their price objective on shares of ON Semiconductor from $50.00 to $65.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Mizuho raised their price objective on shares of ON Semiconductor from $60.00 to $72.00 and gave the stock an “outperform” rating in a research report on Thursday, June 26th. Finally, Susquehanna restated a “positive” rating and set a $65.00 price objective (down from $75.00) on shares of ON Semiconductor in a research report on Tuesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $56.68.

ON Semiconductor Stock Performance

NASDAQ ON opened at $50.16 on Monday. The firm’s fifty day moving average price is $51.32 and its two-hundred day moving average price is $47.50. The stock has a market cap of $20.51 billion, a PE ratio of 46.88, a PEG ratio of 2.50 and a beta of 1.48. ON Semiconductor Corporation has a fifty-two week low of $31.04 and a fifty-two week high of $76.06. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the firm posted $0.96 EPS. The business’s quarterly 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. On average, equities analysts expect that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

Insider Buying and Selling at ON Semiconductor

In related news, CEO Hassane El-Khoury sold 15,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the sale, the chief executive officer owned 977,814 shares of the company’s stock, valued at $50,083,633.08. The trade was a 1.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

ON Semiconductor Company 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.