Havemeyer Place LP Takes Position in onsemi $ON

Havemeyer Place LP purchased a new stake in shares of onsemi (NASDAQ:ON) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,062 shares of the semiconductor company’s stock, valued at approximately $274,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ON. AQR Capital Management LLC raised its holdings in shares of onsemi by 187.9% during the 1st quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock valued at $4,863,000 after purchasing an additional 79,206 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of onsemi by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 507 shares in the last quarter. Brown Advisory Inc. bought a new position in shares of onsemi during the 2nd quarter valued at $201,000. Cresset Asset Management LLC raised its holdings 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 valued at $531,000 after purchasing an additional 2,016 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of onsemi by 108.0% during the 2nd quarter. Cerity Partners LLC now owns 31,646 shares of the semiconductor company’s stock valued at $1,659,000 after purchasing an additional 16,435 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

Insider Buying and Selling

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

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi launched GaNEXUS, a new gallium nitride power portfolio aimed at higher efficiency, greater power density, and improved thermal performance for AI data centers, robotics, industrial automation, and energy infrastructure. Article Title
• Positive Sentiment: The company also introduced Elite Pairing Studio, an online simulation tool that helps engineers optimize SiC MOSFET and gate-driver pairings, which could strengthen customer adoption and speed design wins in automotive and AI-related power systems. Article Title
• Neutral Sentiment: onsemi’s recent quarterly results were solid, with revenue of about $1.5 billion up year over year, but the stock’s near-term trading has been driven more by sector sentiment than by earnings. Article Title
• Negative Sentiment: Broader chip-sector weakness hit sentiment after macro worries and geopolitical headlines prompted investors to de-risk semiconductor names. Article Title
• Negative Sentiment: Investor caution is also being reinforced by recent insider sales and earlier financing-related concerns, which can weigh on the stock even when operational news is positive. Article Title

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Piper Sandler raised their price target on shares of onsemi from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Wells Fargo & Company lifted their target price on shares of onsemi from $115.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday. Zacks Research upgraded shares of onsemi from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Evercore reiterated an “outperform” rating on shares of onsemi in a report on Tuesday, May 5th. Finally, Citigroup lifted their target price on shares of onsemi from $68.00 to $100.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $92.96.

onsemi Stock Performance

NASDAQ:ON opened at $117.00 on Wednesday. The firm’s 50-day moving average is $97.39 and its 200-day moving average is $72.97. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. The company has a market cap of $45.85 billion, a price-to-earnings ratio of 82.98, a PEG ratio of 1.08 and a beta of 1.97.

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

onsemi Company 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.