Van ECK Associates Corp Acquires 674,408 Shares of onsemi $ON

Van ECK Associates Corp boosted its holdings in shares of onsemi (NASDAQ:ON) by 19.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,100,943 shares of the semiconductor company’s stock after purchasing an additional 674,408 shares during the period. Van ECK Associates Corp’s holdings in onsemi were worth $222,066,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CVA Family Office LLC lifted its stake in onsemi by 83.7% during the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 215 shares during the last quarter. Root Financial Partners LLC lifted its stake in onsemi by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in onsemi during the second quarter worth $32,000. Close Asset Management Ltd bought a new stake in onsemi during the third quarter worth $38,000. Finally, Deseret Mutual Benefit Administrators lifted its stake in onsemi by 28.2% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 160 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ON has been the subject of several recent analyst reports. Zacks Research upgraded onsemi from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 6th. Mizuho upped their target price on onsemi from $130.00 to $150.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Citigroup upped their target price on onsemi from $68.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Evercore reiterated an “outperform” rating on shares of onsemi in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group increased their price target on onsemi from $73.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, onsemi has an average rating of “Moderate Buy” and an average target price of $92.96.

onsemi Stock Up 0.7%

Shares of ON opened at $116.79 on Friday. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The stock has a market capitalization of $45.77 billion, a price-to-earnings ratio of 82.83, a PEG ratio of 1.03 and a beta of 1.97. 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 stock has a fifty day moving average of $100.65 and a 200-day moving average of $74.22.

onsemi (NASDAQ:ON) last announced its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the prior year, the company earned $0.55 EPS. onsemi’s 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. As a group, sell-side analysts anticipate that onsemi will post 3.09 earnings per share for the current fiscal year.

Insider Transactions at onsemi

In related news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the transaction, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at $28,011,042. This trade represents a 9.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Coverage of onsemi’s new GaNEXUS power portfolio and Elite Pairing Studio suggests the company is strengthening its product suite for AI, EV, and industrial power applications. Does onsemi’s New GaNEXUS Toolkit Subtly Reframe Its Long-Term Power Leadership Story (ON)?
• Positive Sentiment: onsemi was highlighted as a trending stock and included in a broader semiconductor rally, which is likely supporting near-term buying interest. ON Semiconductor Corporation (ON) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Recent market commentary noted onsemi moving with other semiconductor names as the Nasdaq bounced, pointing to sector-driven momentum rather than a new fundamental catalyst. Penguin Solutions, onsemi, and Photronics Shares Skyrocket, What You Need To Know

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.