Park Avenue Securities LLC Has $467,000 Stock Holdings in ON Semiconductor Corporation $ON

Park Avenue Securities LLC raised its position in ON Semiconductor Corporation (NASDAQ:ON) by 9.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,918 shares of the semiconductor company’s stock after buying an additional 785 shares during the quarter. Park Avenue Securities LLC’s holdings in ON Semiconductor were worth $467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Costello Asset Management INC acquired a new stake in shares of ON Semiconductor during the 1st quarter worth $26,000. Golden State Wealth Management LLC grew its holdings in shares of ON Semiconductor by 83.3% during the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 320 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of ON Semiconductor during the 1st quarter worth $41,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of ON Semiconductor by 69.5% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,263 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 518 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of ON Semiconductor by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 507 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the stock in a transaction dated 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 trade represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.31% of the company’s stock.

ON Semiconductor Price Performance

ON Semiconductor stock opened at $49.76 on Tuesday. 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 company has a market capitalization of $20.35 billion, a PE ratio of 46.51, a P/E/G ratio of 2.50 and a beta of 1.48. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $76.06. The stock has a 50-day moving average price of $51.10 and a two-hundred day moving average price of $47.55.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. ON Semiconductor’s revenue for the quarter was down 15.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.96 earnings per share. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. Analysts expect that ON Semiconductor Corporation will post 2.6 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ON. Mizuho increased their target price on ON Semiconductor from $60.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, June 26th. Benchmark reissued a “buy” rating and set a $60.00 target price (up from $50.00) on shares of ON Semiconductor in a report on Tuesday, August 5th. UBS Group reduced their target price on ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, August 5th. Roth Capital reissued a “buy” rating and set a $70.00 target price (up from $50.00) on shares of ON Semiconductor in a report on Tuesday, June 17th. Finally, B. Riley reaffirmed a “neutral” rating on shares of ON Semiconductor in a research note on Tuesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, ON Semiconductor has an average rating of “Hold” and an average price target 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.