Quantbot Technologies LP Decreases Holdings in On Holding AG $ONON

Quantbot Technologies LP trimmed its position in On Holding AG (NYSE:ONON) by 15.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 65,342 shares of the company’s stock after selling 12,013 shares during the period. Quantbot Technologies LP’s holdings in ON were worth $2,767,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Lido Advisors LLC grew its stake in ON by 1.2% during the 2nd quarter. Lido Advisors LLC now owns 23,754 shares of the company’s stock valued at $1,236,000 after acquiring an additional 285 shares in the last quarter. Parsons Capital Management Inc. RI grew its position in shares of ON by 4.3% in the third quarter. Parsons Capital Management Inc. RI now owns 7,238 shares of the company’s stock valued at $307,000 after purchasing an additional 300 shares in the last quarter. Sterling Investment Counsel LLC increased its holdings in shares of ON by 6.5% in the third quarter. Sterling Investment Counsel LLC now owns 6,125 shares of the company’s stock valued at $259,000 after purchasing an additional 375 shares during the last quarter. First Horizon Advisors Inc. lifted its position in ON by 11.7% during the second quarter. First Horizon Advisors Inc. now owns 3,859 shares of the company’s stock worth $201,000 after buying an additional 405 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in ON by 1.9% during the third quarter. Jones Financial Companies Lllp now owns 21,960 shares of the company’s stock worth $933,000 after buying an additional 417 shares during the last quarter. Hedge funds and other institutional investors own 36.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Truist Financial set a $55.00 target price on ON in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of ON in a research note on Thursday, January 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $52.00 target price on shares of ON in a report on Thursday, February 26th. Morgan Stanley raised their price target on shares of ON from $65.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, BTIG Research reaffirmed a “buy” rating on shares of ON in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $59.91.

ON Price Performance

Shares of ONON opened at $43.88 on Wednesday. The firm has a 50-day simple moving average of $46.30 and a two-hundred day simple moving average of $44.43. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.55 and a quick ratio of 2.05. On Holding AG has a 1-year low of $34.38 and a 1-year high of $61.29. The stock has a market cap of $27.55 billion, a PE ratio of 56.98, a P/E/G ratio of 1.39 and a beta of 2.14.

ON (NYSE:ONON) last posted its earnings results on Tuesday, March 3rd. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.06. The firm had revenue of $937.29 million during the quarter, compared to the consensus estimate of $727.55 million. ON had a net margin of 7.45% and a return on equity of 14.81%. During the same quarter last year, the firm earned $0.33 EPS. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. As a group, analysts forecast that On Holding AG will post 0.66 EPS for the current year.

Trending Headlines about ON

Here are the key news stories impacting ON this week:

• Positive Sentiment: Q4 beat on both EPS and revenue with revenue up ~22.6% year-over-year; strong margins and profitability improvements were highlighted. On Holding (ONON) Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: On reported full‑year 2025 sales above CHF 3.0 billion and record-high margins — evidence of continued brand/consumer strength. On Holding Tops CHF 3 Billion in 2025 Sales
• Positive Sentiment: Sell‑side bullishness remains — analysts’ consensus price targets imply meaningful upside and Telsey reaffirmed an “outperform” with a $65 target. Wall Street Analysts See a 28.36% Upside in On Holding (ONON)
• Positive Sentiment: Unusually large call option activity and a surge in option volume indicate strong speculative/bullish interest among traders. On Holding (NYSE:ONON) NYSE Composite Sees Call Surge
• Neutral Sentiment: Earnings call transcript and company filings provide management color on demand, channel dynamics and margin drivers — useful for modeling FY26 assumptions. On Holding AG (ONON) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Company press release / Form 20‑F filing summarizing results and disclosures. On Announces Fourth Quarter and Full Year Results
• Negative Sentiment: FY2026 revenue guidance (~$4.3B) below consensus (~$4.6B) — the guidance shortfall is the primary catalyst cited by media and analysts for today’s decline. On Holdings’ shares crater as FY26 sales guidance spooks investors
• Negative Sentiment: Broader headlines and coverage describe a sharp intraday selloff on weak guidance (reports note declines as large as ~14% in related coverage). Swiss sneaker maker plunges 14% on weak guidance
• Negative Sentiment: Rising commodity/energy prices (crude near two‑year highs) are a macro cost risk that could pressure margins if sustained. Crude Oil Prices Close to 2-Year High

About ON

On Holding AG, commonly known as On, is a Swiss performance footwear and apparel company headquartered in Zurich. Founded in 2010, the company designs, develops and sells running shoes, performance apparel and accessories for road, trail and everyday use. On’s product philosophy centers on engineered cushioning and responsiveness intended to serve both serious athletes and lifestyle consumers.

On is best known for its proprietary midsole technology and distinctive sole architecture, marketed under names such as the Cloud family of shoes and related performance lines.