Andra AP fonden Acquires 133,051 Shares of ON Semiconductor Corporation $ON

Andra AP fonden lifted its holdings in shares of ON Semiconductor Corporation (NASDAQ:ON) by 21.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 747,600 shares of the semiconductor company’s stock after buying an additional 133,051 shares during the period. Andra AP fonden owned about 0.19% of ON Semiconductor worth $36,864,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc raised its stake in ON Semiconductor by 4.9% in the third quarter. Versant Capital Management Inc now owns 4,264 shares of the semiconductor company’s stock valued at $210,000 after buying an additional 201 shares during the period. UMB Bank n.a. increased its holdings in shares of ON Semiconductor by 4.1% during the 3rd quarter. UMB Bank n.a. now owns 5,334 shares of the semiconductor company’s stock worth $263,000 after acquiring an additional 211 shares during the last quarter. Deseret Mutual Benefit Administrators raised its stake in ON Semiconductor by 62.3% in the 3rd 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. Private Trust Co. NA lifted its holdings in ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 220 shares during the last quarter. Finally, New York Life Investment Management LLC boosted its position in ON Semiconductor by 0.4% during the second quarter. New York Life Investment Management LLC now owns 62,678 shares of the semiconductor company’s stock worth $3,285,000 after purchasing an additional 221 shares during the period. 97.70% of the stock is owned by institutional investors.

ON Semiconductor Stock Performance

Shares of ON stock opened at $68.16 on Friday. The firm has a market cap of $26.86 billion, a price-to-earnings ratio of 200.48, a P/E/G ratio of 0.74 and a beta of 1.56. The firm’s 50-day simple moving average is $62.34 and its two-hundred day simple moving average is $54.54. 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 52 week low of $31.04 and a 52 week high of $73.76.

ON Semiconductor (NASDAQ:ON) last issued its quarterly 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 return on equity of 12.22% and a net margin of 2.02%.The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the firm earned $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. As a group, equities analysts forecast that ON Semiconductor Corporation will post 2.6 earnings per share for the current year.

ON Semiconductor declared that its Board of Directors has initiated a share buyback plan on Tuesday, November 18th that authorizes the company to buyback $6.00 billion in outstanding 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 generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 1,015,610 shares of the company’s stock, valued at approximately $74,159,842.20. This represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Trent Thad sold 60,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total value of $4,273,200.00. Following the transaction, the chief financial officer directly owned 339,460 shares in the company, valued at $24,176,341.20. This trade represents a 15.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 100,000 shares of company stock worth $6,834,600. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

ON has been the subject of several research reports. Weiss Ratings cut ON Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, January 30th. Craig Hallum reaffirmed a “hold” rating on shares of ON Semiconductor in a report on Tuesday, February 10th. Citigroup lifted their price target on ON Semiconductor from $66.00 to $68.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Cantor Fitzgerald reissued a “neutral” rating and set a $60.00 target price on shares of ON Semiconductor in a research report on Tuesday, February 10th. Finally, Cfra restated a “buy” rating and set a $64.00 price target on shares of ON Semiconductor in a report on Tuesday, November 4th. Twelve analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $64.19.

Key Headlines Impacting ON Semiconductor

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

• Positive Sentiment: Big AI/quantum hardware headlines lifted investor appetite for industrial tech and chip suppliers — IonQ’s strong Q4 and bullish 2026 guidance are driving optimism for compute and specialized-hardware demand, which can indirectly support semiconductor suppliers over time. IonQ Inc. (IONQ) Stock Rises on Q4 2025 Earnings
• Positive Sentiment: Early-stage AI infrastructure activity continues — JetScale AI’s oversubscribed seed round signals sustained demand for cloud/AI optimization software and services that ultimately increase spend on data‑center hardware and chips. JetScale AI Raises Oversubscribed $5.4M Seed Funding Round
• Neutral Sentiment: Crypto and consumer app product news (Telegram wallet vaults for BTC/ETH/USDT) are market-positive for software/platform plays but have limited direct impact on auto/analog power and sensor chips that drive most of ON’s revenue. Telegram’s in-app crypto wallet to offer yield on Bitcoin, Ether and USDt
• Neutral Sentiment: Mixed quarterly results across multiple sectors continue to move sentiment day-to-day; these are macro/market drivers rather than ON-specific catalysts. PENN NATIONAL GAMING (PENN) Releases Q4 2025 Earnings
• Negative Sentiment: No fresh company news plus the stock’s recent run-up leaves room for profit-taking. ON’s most recent quarter (reported Feb. 9) showed a slight EPS beat but revenue down ~11% Y/Y and only steady Q1 guidance — together with a high trailing valuation (very high P/E) that increases sensitivity to any slowdown in demand. This mix helps explain why shares are drifting lower today.

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.