Mirae Asset Global Investments Co. Ltd. Has $31.54 Million Stock Holdings in ON Semiconductor Corporation $ON

Mirae Asset Global Investments Co. Ltd. lessened its position in ON Semiconductor Corporation (NASDAQ:ON) by 21.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 639,694 shares of the semiconductor company’s stock after selling 178,696 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in ON Semiconductor were worth $31,543,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Norges Bank bought a new position in ON Semiconductor during the second quarter worth about $228,835,000. Rafferty Asset Management LLC lifted its position 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 buying an additional 2,072,125 shares during the last quarter. M&G PLC boosted its stake in shares of ON Semiconductor by 164.2% during the 2nd quarter. M&G PLC now owns 2,459,104 shares of the semiconductor company’s stock worth $127,873,000 after acquiring an additional 1,528,311 shares during the period. Alliancebernstein L.P. increased its holdings in shares of ON Semiconductor by 312.8% during the 2nd quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock worth $105,401,000 after acquiring an additional 1,523,866 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of ON Semiconductor by 7.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock worth $639,716,000 after acquiring an additional 877,533 shares during the last quarter. 97.70% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other ON Semiconductor news, CFO Trent Thad sold 20,000 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the sale, the chief financial officer directly owned 379,448 shares in the company, valued at $20,888,612.40. This represents a 5.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Stifel Nicolaus raised their price target on ON Semiconductor from $50.00 to $60.00 and gave the company a “hold” rating in a report on Friday, January 16th. Benchmark restated a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, November 4th. Evercore ISI reaffirmed an “outperform” rating on shares of ON Semiconductor in a report on Wednesday, January 7th. Morgan Stanley increased their price target on shares of ON Semiconductor from $55.00 to $56.00 and gave the company an “equal weight” rating in a report on Monday, November 24th. Finally, Truist Financial raised their price objective on shares of ON Semiconductor from $51.00 to $57.00 and gave the stock a “hold” rating in a research report on Friday, December 19th. Thirteen equities research analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $61.30.

ON Semiconductor Stock Down 4.2%

Shares of ON opened at $62.20 on Friday. The company has a current ratio of 5.23, a quick ratio of 3.54 and a debt-to-equity ratio of 0.43. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $66.86. The firm’s 50 day moving average is $56.51 and its 200-day moving average is $52.96. The stock has a market capitalization of $25.03 billion, a PE ratio of 80.78, a P/E/G ratio of 2.82 and a beta of 1.55.

ON Semiconductor (NASDAQ:ON) last announced its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.04. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.52 billion. ON Semiconductor had a return on equity of 13.60% and a net margin of 5.16%.The company’s quarterly revenue was down 12.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.99 EPS. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Equities research analysts forecast that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor declared that its Board of Directors has initiated a share repurchase plan on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Key Stories Impacting ON Semiconductor

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

• Positive Sentiment: Recent quarterly results showed an EPS beat and management provided Q4 guidance, which supports earnings visibility — the company reported $0.63 EPS vs. $0.59 consensus and gave Q4 2025 EPS guidance of $0.57–$0.67. MarketBeat ON summary
• Positive Sentiment: Healthy balance-sheet and liquidity metrics (low debt-to-equity ~0.43, current ratio ~5.2, quick ratio ~3.5) reduce near-term financial risk and make the company better positioned to weather demand cycles. (Company financials summarized by MarketBeat.) MarketBeat ON summary
• Neutral Sentiment: Technical/context: trading volume is slightly above average and the share price remains above the 50‑day and 200‑day moving averages — a sign that buyers were active recently but some are now trimming positions. This suggests today’s weakness may be short-term profit-taking rather than a fresh fundamental shock.
• Negative Sentiment: Valuation sensitivity: ON’s trailing P/E is elevated (~80.8) and the stock is trading near its 12‑month high, which makes it vulnerable to pullbacks when growth concerns or macro volatility surface. MarketWatch/Zacks noted the stock moved lower and underperformed the broader market today. Zacks: ON drop insight
• Negative Sentiment: Revenue softness remains a concern — recent quarter showed revenue down ~12% year‑over‑year even as EPS topped estimates, highlighting margin mix improvements but weaker top-line demand that could pressure forward growth and re-rate multiples.

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.