Jag Capital Management LLC Makes New $445,000 Investment in onsemi $ON

Jag Capital Management LLC purchased a new stake in onsemi (NASDAQ:ON) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,188 shares of the semiconductor company’s stock, valued at approximately $445,000.

Other large investors have also made changes to their positions in the company. SteelPeak Wealth LLC purchased a new stake in onsemi in the 1st quarter valued at about $1,011,000. Wealthfront Advisers LLC raised its stake in shares of onsemi by 11.5% in the 1st quarter. Wealthfront Advisers LLC now owns 41,981 shares of the semiconductor company’s stock valued at $2,599,000 after acquiring an additional 4,320 shares during the period. Sanctuary Advisors LLC raised its stake in shares of onsemi by 15.5% in the 1st quarter. Sanctuary Advisors LLC now owns 28,889 shares of the semiconductor company’s stock valued at $1,789,000 after acquiring an additional 3,873 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of onsemi during the 1st quarter valued at $240,000. Finally, Chicago Partners Investment Group LLC boosted its position in onsemi by 4.3% during the 1st quarter. Chicago Partners Investment Group LLC now owns 7,963 shares of the semiconductor company’s stock worth $493,000 after purchasing an additional 325 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wells Fargo & Company raised their price objective on onsemi from $115.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Morgan Stanley lifted their price objective on shares of onsemi from $85.00 to $87.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Cantor Fitzgerald upped their target price on shares of onsemi from $100.00 to $110.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. Finally, Bank of America raised their price target on shares of onsemi from $115.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Fourteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $102.64.

Insiders Place Their Bets

In other news, CFO Trent Thad sold 30,000 shares of the business’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the sale, the chief financial officer owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. The trade was a 9.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Analysts remain constructive on onsemi’s longer-term earnings outlook, with KeyCorp recently raising estimates for FY2026 and FY2027, suggesting confidence in the company’s growth trajectory and margin potential.
• Positive Sentiment: Recent commentary has highlighted onsemi’s exposure to higher-growth areas such as EV power management, image sensing, and AI datacenter demand, which supports the investment case.
• Neutral Sentiment: onsemi confirmed it will release Q2 2026 results after the market close on August 3 and host a conference call the same day, keeping attention focused on upcoming earnings rather than new operational news. onsemi to Announce Second Quarter Financial Results
• Neutral Sentiment: KeyCorp published updated earnings estimates for onsemi, lifting FY2027 EPS expectations well above the current-year consensus, which signals optimism but no immediate fundamental change. onsemi stock page
• Negative Sentiment: Pomerantz LLP announced an investor investigation into onsemi, which can create overhang and pressure the shares despite limited details so far. Investor Alert: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ON Semiconductor Corporation – ON

onsemi Stock Performance

onsemi stock opened at $88.12 on Friday. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The stock has a market cap of $34.53 billion, a P/E ratio of 62.50, a price-to-earnings-growth ratio of 0.82 and a beta of 2.01. The stock has a 50 day moving average of $110.22 and a 200-day moving average of $82.70.

onsemi (NASDAQ:ON) last issued its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, analysts expect that onsemi will post 3.1 EPS for the current fiscal year.

onsemi Company 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.