Mitsubishi UFJ Asset Management Co. Ltd. Has $44.72 Million Stake in ON Semiconductor Corporation $ON

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of ON Semiconductor Corporation (NASDAQ:ON) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 906,863 shares of the semiconductor company’s stock after purchasing an additional 31,847 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.23% of ON Semiconductor worth $44,717,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Norges Bank acquired a new stake in shares of ON Semiconductor during the 2nd quarter worth approximately $228,835,000. Fisher Funds Management LTD lifted its position 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 worth $4,326,000 after purchasing an additional 25,949 shares during the period. Polianta Ltd acquired a new stake in ON Semiconductor during the third quarter worth $1,420,000. Merit Financial Group LLC increased its holdings in ON Semiconductor by 75.2% in the 3rd quarter. Merit Financial Group LLC now owns 51,748 shares of the semiconductor company’s stock valued at $2,552,000 after buying an additional 22,211 shares during the period. Finally, Rakuten Investment Management Inc. acquired a new position in shares of ON Semiconductor in the 3rd quarter valued at $5,327,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Evercore reiterated an “outperform” rating on shares of ON Semiconductor in a research report on Wednesday, January 7th. Bank of America lifted their price objective on ON Semiconductor from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, January 21st. Piper Sandler increased their target price on ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. KeyCorp raised their target price on ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. upped their price target on ON Semiconductor from $56.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Twelve analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $64.19.

Insider Transactions at ON Semiconductor

In related news, CEO Hassane El-Khoury sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the transaction, the chief executive officer owned 1,015,610 shares in the company, valued at $74,159,842.20. The trade was a 1.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Trent Thad sold 60,000 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total value of $4,273,200.00. Following the completion of the transaction, the chief financial officer owned 339,460 shares in the company, valued at $24,176,341.20. The trade was a 15.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 100,000 shares of company stock valued at $6,834,600. Insiders own 0.31% of the company’s stock.

ON Semiconductor Price Performance

ON Semiconductor stock opened at $66.48 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. The firm has a market cap of $26.19 billion, a P/E ratio of 195.54, a P/E/G ratio of 0.71 and a beta of 1.56. The business’s fifty day moving average is $62.56 and its two-hundred day moving average is $54.71. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $73.76.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share 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 analyst estimates of $1.54 billion. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The firm’s quarterly revenue was down 11.2% compared to the same quarter last year. During the same period last year, the company posted $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Equities research analysts forecast that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal 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 repurchase up to 32.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

ON Semiconductor News Summary

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

• Positive Sentiment: Q4 beat on EPS and healthy balance sheet — ON reported $0.64 EPS vs. ~$0.62 consensus (a slight beat) and shows strong liquidity (quick ratio ~2.98, current ratio ~4.52, debt/equity ~0.39). That beat and the clean balance sheet support the stock versus a larger downside.
• Neutral Sentiment: Sector context — broader semiconductor index coverage and investor attention on the PHLX Semiconductor Index (SOX) can amplify moves in ON as traders rotate across chip names; refresh on the SOX index and its components here. PHLX Semiconductor Index (SOX): Key Definition and Companies
• Negative Sentiment: Revenue decline and cautious near-term outlook — ON’s revenue fell ~11.2% year-over-year and it missed revenue consensus narrowly while guiding Q1 FY2026 EPS to a range of $0.56–$0.66. The combination of slowing sales, modest revenue miss and cautious guidance prompted profit-taking, especially given a rich valuation (trailing P/E ~195 on current price).

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.