ArrowMark Colorado Holdings LLC Has $49.64 Million Stock Position in ON Semiconductor Corporation $ON

ArrowMark Colorado Holdings LLC increased its stake in shares of ON Semiconductor Corporation (NASDAQ:ON) by 6.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,006,653 shares of the semiconductor company’s stock after acquiring an additional 63,481 shares during the quarter. ArrowMark Colorado Holdings LLC owned about 0.25% of ON Semiconductor worth $49,638,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Private Trust Co. NA grew its position in ON Semiconductor by 72.8% in 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 during the last quarter. Deseret Mutual Benefit Administrators raised its position in shares of 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 buying an additional 218 shares during the last quarter. Quent Capital LLC bought a new stake in shares of ON Semiconductor in the third quarter valued at about $28,000. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of ON Semiconductor by 68.7% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 235 shares during the period. Finally, Rexford Capital Inc. acquired a new stake in ON Semiconductor during the second quarter worth about $31,000. 97.70% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other ON Semiconductor news, CEO Hassane El-Khoury sold 20,000 shares of the business’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 transaction, the chief executive officer owned 1,015,610 shares of the company’s stock, valued at approximately $74,159,842.20. The trade was a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Trent Thad sold 60,000 shares of the stock in a transaction on 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 sale, the chief financial officer owned 339,460 shares in the company, valued at $24,176,341.20. The trade was a 15.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.31% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on ON. Craig Hallum reaffirmed a “hold” rating on shares of ON Semiconductor in a report on Tuesday, February 10th. Wall Street Zen lowered ON Semiconductor from a “buy” rating to a “hold” rating in a report on Sunday. Stifel Nicolaus boosted their price objective on ON Semiconductor from $50.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, January 16th. Truist Financial upped their target price on ON Semiconductor from $57.00 to $66.00 and gave the company a “hold” rating in a research note on Tuesday, February 10th. Finally, Wells Fargo & Company raised their target price on ON Semiconductor from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. 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 company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $64.19.

ON Semiconductor Stock Performance

NASDAQ ON opened at $58.55 on Friday. ON Semiconductor Corporation has a 1-year low of $31.04 and a 1-year high of $73.76. The company has a 50 day moving average of $63.64 and a 200-day moving average of $55.39. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. The firm has a market cap of $23.07 billion, a price-to-earnings ratio of 172.21, a PEG ratio of 0.62 and a beta of 1.52.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.64 EPS 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 business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the business earned $0.95 EPS. ON Semiconductor’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. On average, equities analysts forecast that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor announced that its board has authorized a stock repurchase plan on Tuesday, November 18th that authorizes the company to repurchase $6.00 billion in shares. This repurchase authorization authorizes the semiconductor company to reacquire up to 32.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Trending Headlines about ON Semiconductor

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

• Positive Sentiment: Q4 results contained an earnings beat and management provided Q1 EPS guidance, which supports near-term expectations for profitability and gives a baseline for investors to model recovery. Here’s Why ON Semiconductor Corp. (ON) Fell More Than Broader Market
• Neutral Sentiment: Street coverage is mixed-to-cautious: the consensus analyst stance is around “Hold,” which limits upside from upgrades but reduces the likelihood of aggressive downgrades right away. ON Semiconductor Receives Average Recommendation of “Hold”
• Negative Sentiment: Leadership change in a core growth business — Simon Keeton’s resignation from officer roles in the Power Solutions Group — has raised execution and continuity concerns for ON’s automotive/energy-efficient power roadmap, putting pressure on the stock. Did a Key Power Unit Leadership Exit Just Shift ON Semiconductor’s (ON) Investment Narrative?
• Negative Sentiment: Underlying revenue trends are weak (quarterly revenue declined year-over-year and missed Street expectations), and several articles note the stock’s pullback since earnings — these fundamentals and investor skepticism are the main reasons for recent downside pressure. Why Is ON Semiconductor Corp. (ON) Down 11.6% Since Last Earnings Report?

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.