Aberdeen Group plc Boosts Holdings in ON Semiconductor Corporation $ON

Aberdeen Group plc grew its holdings in ON Semiconductor Corporation (NASDAQ:ON) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 378,552 shares of the semiconductor company’s stock after purchasing an additional 11,458 shares during the quarter. Aberdeen Group plc owned 0.09% of ON Semiconductor worth $20,499,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ON. Two Sigma Investments LP boosted its stake in shares of ON Semiconductor by 636.1% in the third quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock valued at $184,900,000 after purchasing an additional 3,240,375 shares during the period. Rafferty Asset Management LLC boosted its stake in shares of ON Semiconductor by 55.0% in the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after purchasing an additional 2,072,125 shares during the period. Alliancebernstein L.P. boosted its stake in shares of ON Semiconductor by 312.8% in the second quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock valued at $105,401,000 after purchasing an additional 1,523,866 shares during the period. Voloridge Investment Management LLC boosted its stake in shares of ON Semiconductor by 53.3% in the third quarter. Voloridge Investment Management LLC now owns 3,331,427 shares of the semiconductor company’s stock valued at $164,273,000 after purchasing an additional 1,157,962 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in ON Semiconductor by 7.7% in the second quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after acquiring an additional 877,533 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Key Stories Impacting ON Semiconductor

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

• Positive Sentiment: Recent market write-ups noted ON outpaced the broader market today, citing the company’s latest quarterly beat and updated guidance as the main near-term catalysts. Why ON Semiconductor Outpaced the Market (Zacks)
• Positive Sentiment: Quarterly results: ON reported EPS above consensus ($0.64 vs. $0.62 est.), and provided Q1 FY2026 EPS guidance (0.560–0.660), which gives investors a clearer near-term outlook despite revenue headwinds. (Company/earnings release summarized in market coverage.)
• Neutral Sentiment: Balance-sheet/volume context: Liquidity metrics look healthy (quick ratio ~2.98, current ratio ~4.52, debt/equity ~0.39). Trading volume today is below the stock’s average, suggesting the move may not be broad-based participation.
• Negative Sentiment: Top-line weakness and margins: Revenue was down ~11% year-over-year and came in roughly in line with estimates, while net margin remains thin (~2.0%). Those trends pose execution and cyclical risks for semiconductor cyclicality.
• Negative Sentiment: Analyst skepticism: Wall Street Zen recently downgraded ON to a Hold, signaling some analyst caution on valuation and/or growth visibility; ON’s trailing P/E is elevated, which increases sensitivity to execution misses. Wall Street Zen Downgrades ON Semiconductor to Hold

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ON. Citigroup raised their target price on shares of ON Semiconductor from $66.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Truist Financial raised their target price on shares of ON Semiconductor from $57.00 to $66.00 and gave the company a “hold” rating in a report on Tuesday, February 10th. Wells Fargo & Company raised their target price on shares of ON Semiconductor from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Piper Sandler raised their target price on shares of ON Semiconductor from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Finally, TD Cowen reaffirmed a “buy” rating on shares of ON Semiconductor in a 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $64.19.

Insiders Place Their Bets

In other ON Semiconductor news, insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.67, for a total transaction of $358,708.38. Following the sale, the insider owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. This trade represents a 3.40% 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 link. Also, CFO Trent Thad sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the sale, the chief financial officer directly owned 339,460 shares in the company, valued at approximately $24,176,341.20. The trade was a 15.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 86,114 shares of company stock valued at $6,092,308. 0.31% of the stock is owned by corporate insiders.

ON Semiconductor Stock Up 2.1%

ON stock opened at $63.49 on Tuesday. 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 twelve month low of $31.04 and a twelve month high of $73.76. The company’s 50 day moving average is $63.59 and its two-hundred day moving average is $56.73. The stock has a market cap of $25.02 billion, a P/E ratio of 186.74, a PEG ratio of 0.66 and a beta of 1.53.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings data 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 quarter last year, the company earned $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. Research analysts expect that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor 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.