Villere ST Denis J & Co. LLC Has $19.06 Million Holdings in ON Semiconductor Corporation $ON

Villere ST Denis J & Co. LLC decreased its holdings in shares of ON Semiconductor Corporation (NASDAQ:ON) by 2.7% in the 3rd quarter, Holdings Channel reports. The fund owned 386,595 shares of the semiconductor company’s stock after selling 10,834 shares during the period. Villere ST Denis J & Co. LLC’s holdings in ON Semiconductor were worth $19,063,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Private Trust Co. NA increased its position in ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 220 shares in the last quarter. Quent Capital LLC bought a new stake in shares of ON Semiconductor during the third quarter worth $28,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of ON Semiconductor by 68.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after buying an additional 235 shares in the last quarter. Deseret Mutual Benefit Administrators lifted its stake in shares of ON Semiconductor by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 218 shares during the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of ON Semiconductor during the 2nd quarter valued at $29,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on ON shares. Exane BNP Paribas upgraded ON Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 22nd. Williams Trading set a $60.00 target price on shares of ON Semiconductor in a research report on Tuesday, November 4th. UBS Group reissued a “neutral” rating on shares of ON Semiconductor in a report on Monday. TD Cowen reaffirmed a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, November 4th. Finally, Benchmark reiterated a “buy” rating on shares of ON Semiconductor in a report on Tuesday, November 4th. Thirteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $61.30.

Trending Headlines about ON Semiconductor

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

• Positive Sentiment: Last reported quarter beat consensus — ON posted $0.63 EPS vs. $0.59 expected and revenue slightly topped estimates, showing execution on margins despite a tough revenue comparison. This beat supports bullish investor sentiment going into the next report.
• Positive Sentiment: Strong short-term liquidity and balance sheet — high quick ratio (~3.54), current ratio (~5.23) and modest debt-to-equity (~0.43) reduce funding risk and make the company better positioned to invest in growth or weather semiconductor cycle volatility.
• Neutral Sentiment: Upcoming earnings event — the stock is being priced with expectations ahead of a projected earnings release (investors often trade on anticipation). Results could swing the price in either direction depending on guidance and demand commentary. ON Semiconductor Projected to Post Earnings
• Neutral Sentiment: Technical/support levels — the stock is trading above its 50-day and 200-day moving averages (50-day ~$56.77, 200-day ~$52.87) and near its 52‑week high, which can attract momentum buyers but also concentrates risk if momentum reverses.
• Negative Sentiment: Revenue weakness and margin pressure — latest quarter revenue declined ~12% year-over-year and net margin remains modest (~5.16%), underscoring cyclical demand risks that could prompt downside if management’s outlook is cautious.
• Negative Sentiment: Rich valuation vs. recent results — a high trailing P/E (~79.9) and PEG (~2.6) imply the market is pricing strong growth; any signs of slowing demand or conservative guidance could trigger a notable pullback. Lower-than-average traded volume today suggests the move may not have broad conviction.

ON Semiconductor Stock Performance

Shares of ON Semiconductor stock opened at $61.49 on Tuesday. ON Semiconductor Corporation has a 1-year low of $31.04 and a 1-year high of $66.86. The company has a current ratio of 5.23, a quick ratio of 3.54 and a debt-to-equity ratio of 0.43. The business has a 50-day moving average price of $57.06 and a two-hundred day moving average price of $52.89. The company has a market cap of $24.74 billion, a P/E ratio of 79.86, a PEG ratio of 2.60 and a beta of 1.55.

ON Semiconductor (NASDAQ:ON) last issued its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.04. The business 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 firm’s revenue for the quarter was down 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 earnings per share. As a group, analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor declared that its Board of Directors has authorized a stock repurchase 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 reacquire up to 32.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at ON Semiconductor

In related news, CFO Trent Thad sold 20,000 shares of the business’s stock in a transaction on 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. The trade was a 5.01% decrease in their position. The transaction was disclosed in a legal 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.