Clear Creek Financial Management LLC Cuts Position in ON Semiconductor Corporation $ON

Clear Creek Financial Management LLC lowered its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 54.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 6,569 shares of the semiconductor company’s stock after selling 7,766 shares during the quarter. Clear Creek Financial Management LLC’s holdings in ON Semiconductor were worth $324,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ON. Private Trust Co. NA lifted its position in ON Semiconductor by 72.8% during the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 220 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. 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. Deseret Mutual Benefit Administrators boosted its position in ON Semiconductor by 62.3% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 218 shares during the period. Finally, Rexford Capital Inc. acquired a new stake in ON Semiconductor in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

More ON Semiconductor News

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

• Positive Sentiment: Q4 earnings slightly beat expectations and management gave Q1 EPS guidance (0.560–0.660), helping justify the rally; the company reported $0.64 EPS vs. a $0.62 consensus. MarketBeat ON summary
• Positive Sentiment: Strong liquidity and conservative leverage: quick ratio ~2.98, current ratio ~4.52 and debt/equity ~0.39—gives ON flexibility to invest, fund growth or withstand cyclicality.
• Positive Sentiment: Technical momentum supports upside: price sits above both the 50-day (~$60.86) and 200-day (~$53.79) moving averages and is trading near its 52-week range high — a bullish setup that attracts momentum buyers.
• Neutral Sentiment: Trading volume is below the stock’s recent average (today ~5.27M vs. avg ~9.92M), so the move may lack conviction until higher-volume follow-through occurs.
• Negative Sentiment: Top-line pressure and margin compression: quarterly revenue missed estimates and was down ~11% year‑over‑year; net margin remains thin (~2.02%), increasing sensitivity to execution.
• Negative Sentiment: Rich near-term valuation: trailing P/E is elevated (~203) which raises expectations for continued strong earnings growth—any slip in execution could prompt a sharper pullback.

Wall Street Analysts Forecast Growth

ON has been the topic of a number of recent research reports. Cfra restated a “buy” rating and set a $64.00 price objective on shares of ON Semiconductor in a research note on Tuesday, November 4th. B. Riley Financial upped their price target on ON Semiconductor from $54.00 to $58.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, February 10th. Truist Financial upped their target price on shares of ON Semiconductor from $57.00 to $66.00 and gave the company a “hold” rating in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus lifted their price target on shares of ON Semiconductor from $50.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, January 16th. Twelve equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $64.19.

ON Semiconductor Stock Performance

ON stock opened at $69.11 on Monday. The stock’s 50 day simple moving average is $61.14 and its 200 day simple moving average is $54.03. ON Semiconductor Corporation has a 12-month low of $31.04 and a 12-month high of $73.76. The firm has a market cap of $27.23 billion, a P/E ratio of 203.27, a P/E/G ratio of 0.74 and a beta of 1.56. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39.

ON Semiconductor (NASDAQ:ON) last issued its earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period in the prior year, the company earned $0.95 earnings per share. The firm’s revenue was down 11.2% compared to the same quarter last year. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. As a group, equities research analysts predict that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, November 18th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to buy up to 32.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $73.02, for a total value of $1,460,400.00. Following the sale, the chief executive officer directly owned 1,015,610 shares in the company, valued at approximately $74,159,842.20. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Trent Thad sold 60,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the transaction, the chief financial officer directly owned 339,460 shares of the company’s stock, valued at approximately $24,176,341.20. This trade represents a 15.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 100,000 shares of company stock valued at $6,834,600 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

About ON Semiconductor

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.