Skandinaviska Enskilda Banken AB publ Sells 49,840 Shares of ON Semiconductor Corporation $ON

Skandinaviska Enskilda Banken AB publ lessened its stake in shares of ON Semiconductor Corporation (NASDAQ:ON) by 24.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 157,168 shares of the semiconductor company’s stock after selling 49,840 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in ON Semiconductor were worth $7,750,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Private Trust Co. NA lifted its position in shares of ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 220 shares in the last quarter. Quent Capital LLC bought a new stake in ON Semiconductor during the 3rd quarter worth approximately $28,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in ON Semiconductor by 68.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 235 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its position in shares of ON Semiconductor by 62.3% in the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 218 shares during the period. Finally, Rexford Capital Inc. purchased a new stake in shares of ON Semiconductor in the second quarter worth $31,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

ON Semiconductor Stock Performance

NASDAQ:ON opened at $68.09 on Friday. The company has a market cap of $26.83 billion, a price-to-earnings ratio of 200.27, a PEG ratio of 0.75 and a beta of 1.56. ON Semiconductor Corporation has a 1 year low of $31.04 and a 1 year high of $73.76. The stock’s 50 day simple moving average is $60.86 and its two-hundred day simple moving average is $53.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.52 and a quick ratio of 2.98.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the prior year, the company earned $0.95 EPS. The company’s quarterly 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. As a group, equities analysts anticipate that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor declared that its board has approved a stock repurchase program on Tuesday, November 18th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Key Headlines Impacting ON Semiconductor

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

• Positive Sentiment: Zacks flagged ON as a “trending” stock, which can attract short-term investor interest and liquidity — useful if positive headlines or upgrades follow. ON Semiconductor Is a Trending Stock (Zacks)
• Neutral Sentiment: Recent quarterly results were mixed: Q4 EPS beat consensus ($0.64 vs. $0.62) but revenue missed slightly ($1.53B vs. ~$1.54B) and revenue was down ~11% year‑over‑year. Management set Q1 FY26 EPS guidance of $0.560–0.660 — investors will be watching execution and whether backlog/order trends improve before moving directionally.
• Negative Sentiment: Valuation and momentum risk are key near‑term headwinds. ON trades at a very high trailing P/E (~200x) with slim net margins (~2%), making the stock vulnerable to profit-taking after its run to 1‑year highs. Intraday volume is below average, which can amplify moves on mixed news and contributed to downward pressure today.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on ON shares. Needham & Company LLC lifted their target price on shares of ON Semiconductor from $68.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley boosted their price objective 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. Piper Sandler lifted their target price on ON Semiconductor from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Mizuho cut their price objective on shares of ON Semiconductor from $72.00 to $70.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. Finally, Craig Hallum reiterated a “hold” rating on shares of ON Semiconductor in a research report on Tuesday, February 10th. Twelve research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $64.19.

Insider Transactions at ON Semiconductor

In other news, CFO Trent Thad sold 60,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were 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. This represents a 15.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hassane El-Khoury sold 20,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were 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 of the company’s stock, valued at approximately $74,159,842.20. The trade was a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 100,000 shares of company stock worth $6,834,600. Insiders own 0.31% of the company’s stock.

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.