NEOS Investment Management LLC Buys 84,991 Shares of ON Semiconductor Corporation $ON

NEOS Investment Management LLC grew its stake in shares of ON Semiconductor Corporation (NASDAQ:ON) by 62.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 220,748 shares of the semiconductor company’s stock after buying an additional 84,991 shares during the period. NEOS Investment Management LLC owned 0.05% of ON Semiconductor worth $10,885,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its position in shares of ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 220 shares during the period. Quent Capital LLC purchased a new stake in ON Semiconductor in the 3rd quarter worth $28,000. Migdal Insurance & Financial Holdings Ltd. increased its stake in ON Semiconductor by 68.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after buying an additional 235 shares in the last quarter. Deseret Mutual Benefit Administrators raised its holdings in ON Semiconductor by 62.3% during the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 218 shares during the period. Finally, Rexford Capital Inc. bought a new position in shares of ON Semiconductor in the second quarter worth about $31,000. Institutional investors own 97.70% of the company’s stock.

Insider Buying and Selling at ON Semiconductor

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

Trending Headlines about ON Semiconductor

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

• Positive Sentiment: Quarterly results: ON reported $0.64 EPS (slightly above estimates) and provided Q1 2026 EPS guidance of $0.560–0.660, showing operating resilience despite revenue pressure — this supports near-term earnings visibility. MarketBeat ON earnings summary
• Neutral Sentiment: International revenue review: A Zacks piece digs into ON’s overseas revenue trends and implications for forecasts — useful context on end-market exposure but not an immediate catalyst. Zacks: international revenues analysis
• Neutral Sentiment: Analyst consensus: recent aggregation shows a “Hold” consensus from analysts — implies limited near-term upside from Street expectations. Analyst consensus report
• Negative Sentiment: Benchmark downgrade: Benchmark cut its rating on ON Semiconductor, a direct negative for investor sentiment and a likely driver of intraday selling pressure. MSN: Benchmark downgrade

Wall Street Analyst Weigh In

A number of research analysts recently commented on ON shares. Needham & Company LLC boosted their price target on ON Semiconductor from $68.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ON Semiconductor in a research report on Tuesday, February 10th. Bank of America lifted their price target on shares of ON Semiconductor from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. UBS Group restated a “neutral” rating on shares of ON Semiconductor in a research report on Monday, February 2nd. Finally, KeyCorp lifted their target price on ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Twelve investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ON Semiconductor has a consensus rating of “Hold” and an average price target of $64.19.

ON Semiconductor Stock Down 0.3%

Shares of NASDAQ ON opened at $71.96 on Wednesday. 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 Corporation has a 12-month low of $31.04 and a 12-month high of $73.63. The firm’s 50-day moving average price is $60.30 and its 200-day moving average price is $53.57. The stock has a market capitalization of $28.35 billion, a price-to-earnings ratio of 211.65, a P/E/G ratio of 0.77 and a beta of 1.56.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.02. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.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 previous year, the firm posted $0.95 earnings per share. The firm’s revenue for the quarter was down 11.2% on a year-over-year basis. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, equities research analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

ON Semiconductor declared that its Board of Directors has initiated a stock buyback plan on Tuesday, November 18th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor company to reacquire up to 32.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

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.