18,530 Shares in onsemi $ON Acquired by State of Wyoming

State of Wyoming bought a new position in shares of onsemi (NASDAQ:ON) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 18,530 shares of the semiconductor company’s stock, valued at approximately $1,147,000.

Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new position in onsemi during the 4th quarter worth approximately $330,885,000. Two Sigma Investments LP boosted its stake in shares of onsemi by 636.1% during the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock worth $184,900,000 after acquiring an additional 3,240,375 shares in the last quarter. Rafferty Asset Management LLC grew its holdings in shares of onsemi by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock worth $305,943,000 after acquiring an additional 2,072,125 shares during the period. Marshall Wace LLP lifted its position in shares of onsemi by 23,784.8% in the fourth quarter. Marshall Wace LLP now owns 1,716,122 shares of the semiconductor company’s stock valued at $92,928,000 after acquiring an additional 1,708,937 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of onsemi by 312.8% in the second quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock valued at $105,401,000 after acquiring an additional 1,523,866 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

onsemi Stock Performance

Shares of ON opened at $92.33 on Thursday. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. The company’s fifty day moving average is $108.76 and its 200-day moving average is $83.70. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. The firm has a market cap of $36.18 billion, a price-to-earnings ratio of 65.48, a price-to-earnings-growth ratio of 1.00 and a beta of 2.01.

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

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi remains supported by its latest quarterly results, which beat analyst expectations on both EPS and revenue and included revenue growth year over year. The company also guided Q2 EPS above consensus, reinforcing the view that operating performance is holding up. Article Title
• Positive Sentiment: A recent article noted that Vadzo is positioning an onsemi-based camera solution for fast identity matching and contactless passenger verification, a small but supportive sign of downstream demand for onsemi’s imaging-related technology. Article Title
• Neutral Sentiment: onsemi disclosed $110,000 of Q2 lobbying tied to AI data-center energy use, CHIPS Act issues, CAMT rules, and national/economic security topics. This is more of a policy update than an immediate operating catalyst, but it shows the company is actively engaging on issues that affect long-term margins and manufacturing strategy. Article Title
• Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of investors in onsemi, which can create overhang and uncertainty even if no wrongdoing has been proven. Article Title
• Negative Sentiment: Insider activity remains a concern: onsemi insiders have sold shares repeatedly over the past six months, with no reported open-market purchases. That pattern can weigh on investor sentiment, even alongside otherwise solid fundamentals.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Stifel Nicolaus raised their price target on onsemi from $90.00 to $107.00 and gave the stock a “hold” rating in a research note on Wednesday, June 24th. B. Riley Financial lifted their price objective on onsemi from $118.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Jefferies Financial Group increased their target price on shares of onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. UBS Group restated a “neutral” rating and issued a $95.00 price target on shares of onsemi in a research note on Monday, June 29th. Finally, TD Cowen cut their target price on onsemi from $110.00 to $95.00 and set a “buy” rating for the company in a research report on Monday, July 13th. Fourteen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $102.24.

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.