Future Fund LLC Purchases 15,654 Shares of onsemi $ON

Future Fund LLC boosted its stake in shares of onsemi (NASDAQ:ON) by 24.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 78,422 shares of the semiconductor company’s stock after purchasing an additional 15,654 shares during the quarter. onsemi accounts for 1.5% of Future Fund LLC’s investment portfolio, making the stock its 8th largest position. Future Fund LLC’s holdings in onsemi were worth $4,247,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ON. AQR Capital Management LLC boosted its stake 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 buying an additional 79,206 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in onsemi by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after buying an additional 507 shares during the last quarter. Brown Advisory Inc. acquired a new position in onsemi during the second quarter worth $201,000. Cresset Asset Management LLC boosted its stake in onsemi by 24.8% during the second 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 during the last quarter. Finally, Cerity Partners LLC boosted its stake in onsemi by 108.0% during the second 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.

Wall Street Analysts Forecast Growth

ON has been the topic of a number of recent research reports. Wall Street Zen raised onsemi from a “hold” rating to a “buy” rating in a research note on Monday, April 13th. Roth Mkm reissued a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Rosenblatt Securities lifted their target price on onsemi from $60.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Susquehanna lifted their target price on onsemi from $100.00 to $120.00 and gave the company a “positive” rating in a research report on Tuesday, May 5th. Finally, Bank of America lifted their target price on onsemi from $115.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $92.00.

onsemi Price Performance

ON stock opened at $120.62 on Friday. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $47.27 billion, a PE ratio of 85.55, a P/E/G ratio of 1.10 and a beta of 1.94. onsemi has a 12-month low of $41.49 and a 12-month high of $129.13. The business’s fifty day moving average price is $88.44 and its 200 day moving average price is $69.03.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the business earned $0.55 EPS. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, sell-side analysts anticipate that onsemi will post 3.09 EPS for the current year.

Insider Activity

In other onsemi news, insider Sudhir Gopalswamy sold 6,114 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the sale, the insider owned 173,943 shares in the company, valued at $10,205,235.81. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total value of $2,790,000.00. Following the transaction, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This represents a 9.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 66,114 shares of company stock worth $5,548,708. 0.35% of the stock is owned by company insiders.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Recent analyst coverage has stayed constructive, with Mizuho raising its price target on onsemi to $150 and maintaining an outperform rating, implying meaningful upside from current levels.
• Positive Sentiment: Several recent articles highlighted onsemi as a potential beneficiary of the AI and power-management semiconductor cycle, with commentary pointing to improving gross margins and stronger utilization from its Fab Right strategy.
• Positive Sentiment: A new leveraged ETF launch tied to onsemi also signals rising trading interest and broader speculation around the name.
• Neutral Sentiment: Onsemi’s latest earnings were solid, with revenue and EPS both slightly ahead of expectations and Q2 guidance calling for continued growth, but the report is not fresh enough to be the day’s main stock-moving event.
• Neutral Sentiment: A short-interest update showed essentially no meaningful short interest, so the move does not appear to be driven by a squeeze or bearish positioning change.
• Neutral Sentiment: Recent stock commentary from third-party outlets has been largely thematic, focusing on AI semiconductor demand rather than a new fundamental development at onsemi.

onsemi Profile

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.