Vanguard Group Inc. Sells 68,827 Shares of ON Semiconductor Corporation $ON

Vanguard Group Inc. trimmed its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 0.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,298,877 shares of the semiconductor company’s stock after selling 68,827 shares during the period. Vanguard Group Inc. owned 12.75% of ON Semiconductor worth $2,529,548,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of ON. Norges Bank purchased a new position in ON Semiconductor in the second quarter worth about $228,835,000. Fisher Funds Management LTD lifted its stake in shares of ON Semiconductor by 42.0% in the 3rd quarter. Fisher Funds Management LTD now owns 87,729 shares of the semiconductor company’s stock valued at $4,326,000 after purchasing an additional 25,949 shares during the last quarter. Polianta Ltd purchased a new position in shares of ON Semiconductor in the 3rd quarter worth approximately $1,420,000. Merit Financial Group LLC increased its position in shares of ON Semiconductor by 75.2% during the 3rd quarter. Merit Financial Group LLC now owns 51,748 shares of the semiconductor company’s stock valued at $2,552,000 after purchasing an additional 22,211 shares during the last quarter. Finally, Rakuten Investment Management Inc. purchased a new stake in ON Semiconductor during the 3rd quarter valued at $5,327,000. Institutional investors own 97.70% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was 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 in the company, valued at $74,159,842.20. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Trent Thad sold 60,000 shares of the business’s stock in a transaction 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 completion of the sale, the chief financial officer owned 339,460 shares in the company, valued at $24,176,341.20. This represents a 15.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 100,000 shares of company stock worth $6,834,600 over the last 90 days. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ON shares. Citigroup boosted their price objective on shares of ON Semiconductor from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. UBS Group reiterated a “neutral” rating on shares of ON Semiconductor in a report on Monday, February 2nd. Morgan Stanley boosted their target price on ON Semiconductor from $55.00 to $56.00 and gave the company an “equal weight” rating in a research report on Monday, November 24th. BNP Paribas Exane upgraded ON Semiconductor from a “strong sell” rating to a “hold” rating in a report on Thursday, January 22nd. Finally, Evercore reissued an “outperform” rating on shares of ON Semiconductor in a research note on Wednesday, January 7th. Twelve equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $64.19.

ON Semiconductor Price Performance

NASDAQ:ON opened at $68.09 on Friday. The stock has a 50 day moving average of $60.86 and a two-hundred day moving average of $53.79. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $73.76. The firm has a market cap of $26.83 billion, a P/E ratio of 200.27, a price-to-earnings-growth ratio of 0.75 and a beta of 1.56. 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 (NASDAQ:ON) last issued its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $1.54 billion. During the same period in the previous year, the company posted $0.95 earnings per share. The business’s revenue 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, analysts expect that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor declared that its Board of Directors has initiated 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 buy up to 32.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

ON Semiconductor News Summary

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

• Positive Sentiment: ON posted an EPS beat for the most recent quarter (reported $0.64 vs. $0.62 consensus) and the company carries a strong liquidity position (quick ratio ~2.98, current ratio ~4.52), which reduces near-term financing risk and supports execution.
• Neutral Sentiment: ON has been a trending ticker recently, drawing heightened investor attention that can amplify intraday moves and volatility. Zacks flagged ON as a trending stock, which likely attracted short-term flows. ON Semiconductor Trending Stock (Zacks)
• Negative Sentiment: Revenue was slightly below expectations and down ~11% year-over-year; management’s Q1 guidance (EPS 0.560–0.660) and slowing top-line growth increase sensitivity to execution. The stock’s trailing P/E (~200) implies very high growth is already priced in, so any miss or softer outlook tends to trigger sell-offs.

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.