OP Asset Management Ltd Buys Shares of 86,862 onsemi $ON

OP Asset Management Ltd bought a new position in shares of onsemi (NASDAQ:ON) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 86,862 shares of the semiconductor company’s stock, valued at approximately $5,378,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. AQR Capital Management LLC grew 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 during the last quarter. Geneos Wealth Management Inc. lifted its stake in onsemi by 61.2% in 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 during the last quarter. Brown Advisory Inc. bought a new position in onsemi in the 2nd quarter valued at approximately $201,000. Cresset Asset Management LLC boosted its position in onsemi by 24.8% in the second quarter. Cresset Asset Management LLC now owns 10,137 shares of the semiconductor company’s stock valued at $531,000 after buying an additional 2,016 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of 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 own 97.70% of the company’s stock.

Insider Buying and Selling

In related news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 301,194 shares in the company, valued at $28,011,042. This represents a 9.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 owned by insiders.

onsemi Stock Down 23.7%

Shares of ON opened at $90.65 on Friday. The company has a market capitalization of $35.53 billion, a PE ratio of 64.29, a PEG ratio of 1.06 and a beta of 1.97. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. The stock’s 50-day moving average price is $110.67 and its two-hundred day moving average price is $78.83. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41.

onsemi (NASDAQ:ON) last released 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. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, analysts anticipate that onsemi will post 3.09 EPS for the current year.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Negative Sentiment: The Synaptics deal is onsemi’s largest acquisition ever, and the market is worried about valuation, integration risk, and whether the benefits will justify the price. The $7 Billion Reason ON Semiconductor Stock Is Down Today
• Negative Sentiment: Because the transaction is all stock, existing shareholders face dilution, and some analysts said the deal adds complexity to an already complicated business model. ON Semi tanks 20% following Synaptics deal as CEO defends core business
• Neutral Sentiment: Management says the acquisition expands onsemi’s addressable market, strengthens its edge-AI and connectivity portfolio, and should be accretive to non-GAAP EPS within about 18 months if synergies are realized. onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI
• Neutral Sentiment: Separately, onsemi recently updated Q2 2026 guidance with EPS and revenue ranges that were roughly in line to slightly below expectations, which may be adding to investor caution. Why Is ON Semiconductor Stock Falling On Friday?

Analyst Ratings Changes

Several brokerages have recently issued reports on ON. Roth Mkm reiterated a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Cantor Fitzgerald lifted their price target on onsemi from $95.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. TD Cowen cut onsemi from a “buy” rating to a “hold” rating and set a $110.00 price target on the stock. in a report on Friday. Zacks Research raised onsemi from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Citigroup lifted their target price on shares of onsemi from $100.00 to $120.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $102.35.

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.