Mitsubishi UFJ Trust & Banking Corp Has $23.18 Million Position in ON Semiconductor Corporation $ON

Mitsubishi UFJ Trust & Banking Corp lessened its stake in ON Semiconductor Corporation (NASDAQ:ON) by 12.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 470,149 shares of the semiconductor company’s stock after selling 68,366 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in ON Semiconductor were worth $23,183,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ON. UniSuper Management Pty Ltd lifted its position in shares of ON Semiconductor by 1.2% in the 3rd quarter. UniSuper Management Pty Ltd now owns 104,341 shares of the semiconductor company’s stock worth $5,145,000 after acquiring an additional 1,187 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of ON Semiconductor by 3.4% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 12,586 shares of the semiconductor company’s stock valued at $621,000 after purchasing an additional 414 shares in the last quarter. iA Global Asset Management Inc. lifted its position in ON Semiconductor by 2.4% in the third quarter. iA Global Asset Management Inc. now owns 47,375 shares of the semiconductor company’s stock worth $2,336,000 after purchasing an additional 1,108 shares during the period. Register Financial Advisors LLC boosted its stake in ON Semiconductor by 75.2% during the third quarter. Register Financial Advisors LLC now owns 12,350 shares of the semiconductor company’s stock worth $609,000 after buying an additional 5,300 shares in the last quarter. Finally, Rakuten Investment Management Inc. bought a new stake in ON Semiconductor in the 3rd quarter valued at $5,327,000. 97.70% of the stock is currently owned by institutional investors.

ON Semiconductor Stock Down 1.4%

Shares of ON opened at $61.13 on Tuesday. The company has a market capitalization of $24.60 billion, a P/E ratio of 79.39, a PEG ratio of 2.69 and a beta of 1.55. ON Semiconductor Corporation has a one year low of $31.04 and a one year high of $65.77. The business’s 50 day simple moving average is $55.45 and its 200-day simple moving average is $52.79. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.23 and a quick ratio of 3.54.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.04. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.52 billion. ON Semiconductor had a return on equity of 13.60% and a net margin of 5.16%.The business’s revenue for the quarter was down 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 EPS. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. As a group, sell-side analysts predict that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

ON Semiconductor announced that its board has approved a stock buyback plan on Tuesday, November 18th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ON shares. Wells Fargo & Company raised their price objective on shares of ON Semiconductor from $62.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. B. Riley raised their price target on shares of ON Semiconductor from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. UBS Group lifted their price objective on ON Semiconductor from $50.00 to $55.00 and gave the company a “neutral” rating in a report on Monday, October 27th. Truist Financial increased their target price on ON Semiconductor from $51.00 to $57.00 and gave the stock a “hold” rating in a report on Friday, December 19th. Finally, Evercore ISI reiterated an “outperform” rating on shares of ON Semiconductor in a research report on Wednesday, January 7th. Thirteen investment analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $61.30.

Key Headlines Impacting ON Semiconductor

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Recent quarterly beat and forward guide — ON posted an EPS beat on its last report and set Q4 FY2025 guidance of $0.57–$0.67, giving some fundamentals support to the share price. (Company Q3/FY2025 results summarized in background provided)
• Neutral Sentiment: Higher investor attention could drive short‑term volatility — Zacks flags ON as a heavily searched stock, which often increases trading activity and short‑term price swings. Read More.
• Neutral Sentiment: Sector M&A and chip‑supply headlines are in focus — IonQ’s $1.8B SkyWater deal and other chip supply moves keep semiconductors in the headlines; these developments can shift sentiment across peers (benefit/impact depends on technology overlap and customer exposure). Read More.
• Negative Sentiment: Revenue weakness and high valuation — ON’s last quarter showed revenue down ~12% year‑over‑year despite the EPS beat; the stock trades at a high P/E (~79) versus historical norms, which can prompt profit‑taking if growth expectations slip.
• Negative Sentiment: Price extended above moving averages with lighter volume — shares are trading above both the 50‑day ($55.14) and 200‑day ($52.77) averages and near the 1‑year high, but today’s volume is below average (6.1M vs. ~8.9M). That setup often leads to pullbacks as traders reduce exposure.

Insider Activity

In related news, CFO Trent Thad sold 20,000 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the transaction, the chief financial officer owned 379,448 shares in the company, valued at $20,888,612.40. This represents a 5.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is owned by corporate insiders.

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.