ON Semiconductor Corporation (NASDAQ:ON) Receives Consensus Recommendation of “Hold” from Analysts

Shares of ON Semiconductor Corporation (NASDAQ:ON) have been assigned an average rating of “Hold” from the twenty-nine research firms that are covering the stock, Marketbeat Ratings reports. Fifteen investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $59.3462.

A number of research firms recently commented on ON. Williams Trading set a $60.00 price objective on ON Semiconductor in a research report on Tuesday, November 4th. TD Cowen lifted their price target on shares of ON Semiconductor from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Cowen reissued a “buy” rating on shares of ON Semiconductor in a research report on Tuesday, November 4th. Robert W. Baird upped their price objective on shares of ON Semiconductor from $48.00 to $56.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Finally, Rosenblatt Securities reaffirmed a “neutral” rating and issued a $50.00 target price on shares of ON Semiconductor in a research note on Tuesday, November 4th.

Insider Buying and Selling at ON Semiconductor

In related news, CFO Trent Thad sold 20,000 shares of ON Semiconductor stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total value of $1,101,000.00. Following the transaction, the chief financial officer owned 379,448 shares in the company, valued at approximately $20,888,612.40. This trade represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On ON Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of the company. Private Trust Co. NA increased its position in ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 220 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new stake in ON Semiconductor during the second quarter worth approximately $29,000. Deseret Mutual Benefit Administrators increased its position in shares of ON Semiconductor by 62.3% in the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 218 shares in the last quarter. Quent Capital LLC purchased a new position in shares of ON Semiconductor in the 3rd quarter valued at $28,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of ON Semiconductor by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 235 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

ON Semiconductor Trading Down 0.3%

Shares of ON opened at $54.93 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.23 and a quick ratio of 3.54. ON Semiconductor has a 1-year low of $31.04 and a 1-year high of $67.05. The stock has a market cap of $22.10 billion, a price-to-earnings ratio of 71.34, a price-to-earnings-growth ratio of 2.94 and a beta of 1.57. The firm has a 50 day simple moving average of $51.57 and a 200-day simple moving average of $52.03.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a return on equity of 13.60% and a net margin of 5.16%.The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the firm earned $0.99 EPS. ON Semiconductor’s quarterly revenue was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Equities analysts forecast that ON Semiconductor will post 2.6 EPS for the current fiscal year.

ON Semiconductor announced that its Board of Directors has initiated a stock buyback plan on Tuesday, November 18th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the semiconductor company to purchase up to 32.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

ON Semiconductor News Roundup

Here are the key news stories impacting ON Semiconductor this week:

• Neutral Sentiment: The Benzinga piece reviews what’s driving current market sentiment around ON, summarizing analyst views, investor sentiment and short-interest-related dynamics that are keeping trading volatile but not decisively one-sided. This coverage frames the debate investors are having about growth prospects versus valuation risk. What’s Driving the Market Sentiment Around ON Semiconductor Corp?
• Negative Sentiment: MarketWatch reports ON Semiconductor underperformed its semiconductor peers on Wednesday, a signal that sector rotation or short-term profit-taking is pressuring the stock relative to competitors — a likely driver of today’s pullback. Relative weakness vs. peers often prompts additional selling from momentum and ETF flows. ON Semiconductor Corp. stock underperforms Wednesday when compared to competitors

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.