ON Semiconductor Corporation $ON Stock Holdings Increased by Rhumbline Advisers

Rhumbline Advisers raised its holdings in shares of ON Semiconductor Corporation (NASDAQ:ON) by 2.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 871,412 shares of the semiconductor company’s stock after buying an additional 22,036 shares during the period. Rhumbline Advisers owned about 0.22% of ON Semiconductor worth $42,969,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of ON Semiconductor during the 2nd quarter valued at $228,835,000. Fisher Funds Management LTD grew its stake in ON Semiconductor by 42.0% in the third quarter. Fisher Funds Management LTD now owns 87,729 shares of the semiconductor company’s stock valued at $4,326,000 after purchasing an additional 25,949 shares in the last quarter. Polianta Ltd acquired a new position in ON Semiconductor in the 3rd quarter worth about $1,420,000. Merit Financial Group LLC raised its stake in shares of ON Semiconductor by 75.2% during the 3rd quarter. Merit Financial Group LLC now owns 51,748 shares of the semiconductor company’s stock worth $2,552,000 after purchasing an additional 22,211 shares in the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in shares of ON Semiconductor during the 3rd quarter valued at about $5,327,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Buying and Selling

In other news, CEO Hassane El-Khoury sold 20,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the sale, the chief executive officer directly owned 1,015,610 shares of the company’s stock, valued at approximately $74,159,842.20. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Trent Thad sold 60,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the completion of the sale, the chief financial officer owned 339,460 shares in the company, valued at approximately $24,176,341.20. The trade was a 15.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 100,000 shares of company stock worth $6,834,600 in the last ninety days. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ON shares. Williams Trading set a $60.00 price objective on ON Semiconductor in a report on Tuesday, November 4th. B. Riley Financial increased 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. Morgan Stanley lifted their price objective on shares of ON Semiconductor from $55.00 to $56.00 and gave the company an “equal weight” rating in a research note on Monday, November 24th. Piper Sandler upped their price objective on shares of ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Barclays started coverage on ON Semiconductor in a report on Thursday. They set an “equal weight” rating and a $75.00 target price on the stock. Twelve investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, ON Semiconductor currently has a consensus rating of “Hold” and a consensus target price of $64.19.

More ON Semiconductor News

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

• Positive Sentiment: Q4 results beat EPS expectations, management highlighted record free cash flow and the board authorized an incremental $6.0B repurchase program — a structural support for the share price and a likely driver of momentum buying. Onsemi Is Near a Breakout—And Free Cash Flow Could Fuel It
• Positive Sentiment: Several analysts raised targets or issued supportive notes after the quarter (JPMorgan, Truist, Rosenblatt among others), which can attract institutional buying and underpin upside. JPMorgan Increases ON Semiconductor Price Target to $70
• Neutral Sentiment: Barclays initiated coverage with an Equal‑weight rating — increases coverage/liquidity but is not a directional endorsement. Barclays initiates ON Semiconductor coverage
• Neutral Sentiment: Analyst views are mixed overall (some raises, some trims) — that produces two‑way flows and makes the stock sensitive to near‑term execution updates. Seeking Alpha: ON Semiconductor – Reiterate Buy Upon Correction
• Negative Sentiment: Insider selling by senior executives this week — CEO Hassane El‑Khoury and CFO Trent Thad sold sizable blocks (20k and 60k shares respectively). Large insider disposals can weigh on sentiment and prompt short‑term selling. ON Semiconductor CEO Hassane El‑Khoury Sells 20,000 Shares
• Negative Sentiment: Top‑line remains pressured: revenue declined year‑over‑year and management flagged execution/market risks — investors will be watching whether revenue recovery accelerates to justify the current premium valuation. Q4 2025 earnings call transcript

ON Semiconductor Stock Performance

NASDAQ:ON opened at $72.21 on Friday. The firm has a market capitalization of $28.45 billion, a PE ratio of 212.39, a PEG ratio of 0.77 and a beta of 1.56. ON Semiconductor Corporation has a 1 year low of $31.04 and a 1 year high of $73.63. The company has a current ratio of 4.52, a quick ratio of 3.54 and a debt-to-equity ratio of 0.39. The firm’s fifty day simple moving average is $59.65 and its 200 day simple moving average is $53.38.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.54 billion. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The business’s quarterly revenue was down 11.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, sell-side analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor announced that its Board of Directors has approved a share buyback program on Tuesday, November 18th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the semiconductor company to buy up to 32.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

About ON Semiconductor

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.