Van ECK Associates Corp Has $486.25 Million Holdings in onsemi $ON

Van ECK Associates Corp raised its holdings in shares of onsemi (NASDAQ:ON) by 16.6% in the second quarter, HoldingsChannel.com reports. The firm owned 5,143,343 shares of the semiconductor company’s stock after buying an additional 731,540 shares during the period. Van ECK Associates Corp’s holdings in onsemi were worth $486,252,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC boosted its holdings in onsemi by 187.9% during the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock worth $4,863,000 after purchasing an additional 79,206 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in onsemi by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after buying an additional 507 shares during the last quarter. Brown Advisory Inc. purchased a new stake in onsemi in the 2nd quarter valued at about $201,000. Cresset Asset Management LLC lifted its position in shares of onsemi by 24.8% during the 2nd quarter. Cresset Asset Management LLC now owns 10,137 shares of the semiconductor company’s stock worth $531,000 after buying an additional 2,016 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of onsemi by 108.0% in the 2nd quarter. Cerity Partners LLC now owns 31,646 shares of the semiconductor company’s stock worth $1,659,000 after buying an additional 16,435 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Needham & Company LLC reduced their price objective on onsemi from $130.00 to $116.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Sanford C. Bernstein reiterated an “outperform” rating and set a $62.00 target price on shares of onsemi in a research note on Wednesday, August 12th. Wells Fargo & Company cut their price target on shares of onsemi from $130.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday, August 4th. Weiss Ratings upgraded shares of onsemi from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Finally, TD Cowen decreased their price objective on shares of onsemi from $110.00 to $95.00 and set a “buy” rating for the company in a report on Monday, July 13th. Fifteen analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, onsemi has a consensus rating of “Moderate Buy” and a consensus price target of $97.04.

onsemi Price Performance

Shares of NASDAQ ON opened at $72.61 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92. The stock has a market cap of $28.27 billion, a PE ratio of 46.55, a price-to-earnings-growth ratio of 0.61 and a beta of 2.03. The stock has a fifty day moving average of $87.66 and a 200-day moving average of $87.04.

onsemi (NASDAQ:ON) last released its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the business earned $0.53 earnings per share. onsemi’s revenue was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Equities research analysts anticipate that onsemi will post 3.23 earnings per share for the current year.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Comparative coverage of onsemi and STMicroelectronics highlights onsemi’s exposure to EV power semiconductors, silicon-carbide momentum, design wins and manufacturing-capacity trends. These areas could support longer-term growth if EV adoption and automotive semiconductor demand improve. STM vs. ON: Which EV Semiconductor Stock Is More Compelling?
• Neutral Sentiment: onsemi presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess management’s outlook for automotive demand, EV-related growth, silicon-carbide adoption and capacity utilization. The supplied report does not identify a new earnings revision, major contract or change to formal guidance. ON Semiconductor Corporation Presents at Deutsche Bank 2026 Technology Conference
• Negative Sentiment: The stock’s decline reflects continued investor caution despite onsemi’s latest quarterly beat, including $0.74 in adjusted EPS on $1.60 billion in revenue. Shares remain below both major moving averages, suggesting weak technical momentum and skepticism about the pace of semiconductor-cycle recovery.
• Negative Sentiment: At roughly 46.6 times earnings, onsemi still carries a growth-oriented valuation while facing cyclical automotive and industrial demand risks. Investors may require clearer evidence that EV and silicon-carbide growth can offset near-term softness before assigning the stock a higher multiple.

About onsemi

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.