ON Semiconductor Corporation $ON Shares Bought by DNB Asset Management AS

DNB Asset Management AS lifted its stake in shares of ON Semiconductor Corporation (NASDAQ:ON) by 30.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 723,688 shares of the semiconductor company’s stock after acquiring an additional 170,635 shares during the period. DNB Asset Management AS owned 0.18% of ON Semiconductor worth $35,685,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of ON Semiconductor by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 51,367,704 shares of the semiconductor company’s stock worth $2,692,181,000 after purchasing an additional 243,238 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of ON Semiconductor by 7.7% during the second quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after buying an additional 877,533 shares during the period. Geode Capital Management LLC boosted its position in ON Semiconductor by 0.7% during the second quarter. Geode Capital Management LLC now owns 11,296,301 shares of the semiconductor company’s stock worth $590,383,000 after acquiring an additional 77,795 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in ON Semiconductor by 0.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,889,080 shares of the semiconductor company’s stock worth $284,737,000 after acquiring an additional 53,748 shares during the period. Finally, Rafferty Asset Management LLC raised its holdings in ON Semiconductor by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after acquiring an additional 2,072,125 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Transactions at ON Semiconductor

In other news, CFO Trent Thad sold 60,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00. Following the completion of the sale, the chief financial officer owned 339,460 shares of the company’s stock, valued at $24,176,341.20. This represents a 15.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the sale, the chief executive officer owned 1,015,610 shares in the company, valued at approximately $74,159,842.20. The trade was a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 100,000 shares of company stock worth $6,834,600. 0.31% of the stock is currently owned by insiders.

ON Semiconductor Trading Down 2.5%

NASDAQ ON opened at $66.48 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. ON Semiconductor Corporation has a one year low of $31.04 and a one year high of $73.76. The company’s 50 day moving average price is $62.56 and its 200 day moving average price is $54.68. The firm has a market capitalization of $26.19 billion, a price-to-earnings ratio of 195.54, a PEG ratio of 0.72 and a beta of 1.56.

ON Semiconductor (NASDAQ:ON) last issued its earnings results on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, beating 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 business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the firm posted $0.95 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts predict that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor declared that its Board of Directors has approved a share repurchase program on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to buy up to 32.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. BNP Paribas Exane raised ON Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 22nd. UBS Group reissued a “neutral” rating on shares of ON Semiconductor in a research note on Monday, February 2nd. Stifel Nicolaus upped their price objective on shares of ON Semiconductor from $50.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, January 16th. KeyCorp increased their price objective on shares of ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Finally, Evercore restated an “outperform” rating on shares of ON Semiconductor in a report on Wednesday, January 7th. Twelve equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, ON Semiconductor presently has an average rating of “Hold” and an average target price of $64.19.

Key Stories Impacting ON Semiconductor

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

• Positive Sentiment: Q4 beat on EPS and healthy balance sheet — ON reported $0.64 EPS vs. ~$0.62 consensus (a slight beat) and shows strong liquidity (quick ratio ~2.98, current ratio ~4.52, debt/equity ~0.39). That beat and the clean balance sheet support the stock versus a larger downside.
• Neutral Sentiment: Sector context — broader semiconductor index coverage and investor attention on the PHLX Semiconductor Index (SOX) can amplify moves in ON as traders rotate across chip names; refresh on the SOX index and its components here. PHLX Semiconductor Index (SOX): Key Definition and Companies
• Negative Sentiment: Revenue decline and cautious near-term outlook — ON’s revenue fell ~11.2% year-over-year and it missed revenue consensus narrowly while guiding Q1 FY2026 EPS to a range of $0.56–$0.66. The combination of slowing sales, modest revenue miss and cautious guidance prompted profit-taking, especially given a rich valuation (trailing P/E ~195 on current price).

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.