30,970 Shares in onsemi $ON Acquired by Headlands Technologies LLC

Headlands Technologies LLC acquired a new stake in onsemi (NASDAQ:ON) in the 2nd quarter, Holdings Channel reports. The firm acquired 30,970 shares of the semiconductor company’s stock, valued at approximately $2,928,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC grew its holdings in onsemi by 42.1% in the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. DV Equities LLC acquired a new position in shares of onsemi during the 4th quarter worth $30,000. SHP Wealth Management acquired a new position in shares of onsemi during the 4th quarter worth $32,000. Summit Securities Group LLC boosted its position in shares of onsemi by 346.3% in the 4th quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after buying an additional 464 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in onsemi in the 2nd quarter valued at about $32,000. 97.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Truist Financial set a $40.00 price target on shares of onsemi in a report on Wednesday, August 12th. Evercore reissued an “outperform” rating and set a $137.00 price objective on shares of onsemi in a research note on Friday, June 26th. Robert W. Baird lifted their price objective on onsemi from $100.00 to $108.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Stifel Nicolaus upped their target price on onsemi from $90.00 to $107.00 and gave the company a “hold” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings upgraded onsemi from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 7th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, onsemi presently has a consensus rating of “Moderate Buy” and an average target price of $97.04.

onsemi Price Performance

ON stock opened at $72.61 on Monday. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92. The stock’s fifty day simple moving average is $87.66 and its 200-day simple moving average is $87.19. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $28.27 billion, a price-to-earnings ratio of 46.55, a price-to-earnings-growth ratio of 0.60 and a beta of 2.03.

onsemi (NASDAQ:ON) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the prior year, the firm posted $0.53 earnings per share. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Equities research analysts expect that onsemi will post 3.23 EPS for the current year.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Comparative coverage of onsemi and STMicroelectronics highlights onsemi’s exposure to EV power semiconductors, silicon-carbide momentum, design wins and manufacturing-capacity trends. These areas could support longer-term growth if EV adoption and automotive semiconductor demand improve. STM vs. ON: Which EV Semiconductor Stock Is More Compelling?
• Neutral Sentiment: onsemi presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess management’s outlook for automotive demand, EV-related growth, silicon-carbide adoption and capacity utilization. The supplied report does not identify a new earnings revision, major contract or change to formal guidance. ON Semiconductor Corporation Presents at Deutsche Bank 2026 Technology Conference
• Negative Sentiment: The stock’s decline reflects continued investor caution despite onsemi’s latest quarterly beat, including $0.74 in adjusted EPS on $1.60 billion in revenue. Shares remain below both major moving averages, suggesting weak technical momentum and skepticism about the pace of semiconductor-cycle recovery.
• Negative Sentiment: At roughly 46.6 times earnings, onsemi still carries a growth-oriented valuation while facing cyclical automotive and industrial demand risks. Investors may require clearer evidence that EV and silicon-carbide growth can offset near-term softness before assigning the stock a higher multiple.

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.