Villere ST Denis J & Co. LLC Sells 25,166 Shares of onsemi $ON

Villere ST Denis J & Co. LLC lowered its position in shares of onsemi (NASDAQ:ON) by 6.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 344,454 shares of the semiconductor company’s stock after selling 25,166 shares during the quarter. onsemi makes up approximately 2.4% of Villere ST Denis J & Co. LLC’s holdings, making the stock its 25th biggest holding. Villere ST Denis J & Co. LLC’s holdings in onsemi were worth $21,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC lifted its position in onsemi by 187.9% during the 1st quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock worth $4,863,000 after buying an additional 79,206 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of onsemi by 61.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 507 shares during the last quarter. Brown Advisory Inc. acquired a new stake in shares of onsemi in the second quarter valued at approximately $201,000. Cresset Asset Management LLC raised its position in onsemi by 24.8% in the 2nd quarter. Cresset Asset Management LLC now owns 10,137 shares of the semiconductor company’s stock worth $531,000 after purchasing an additional 2,016 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in onsemi by 108.0% in the 2nd quarter. Cerity Partners LLC now owns 31,646 shares of the semiconductor company’s stock valued at $1,659,000 after buying an additional 16,435 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

onsemi Trading Down 2.0%

NASDAQ ON traded down $1.91 on Friday, reaching $95.96. The company had a trading volume of 6,035,404 shares, compared to its average volume of 13,406,922. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The stock’s 50 day moving average is $111.13 and its 200-day moving average is $81.51. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. The stock has a market cap of $37.61 billion, a price-to-earnings ratio of 68.06, a PEG ratio of 0.87 and a beta of 2.01.

onsemi (NASDAQ:ON) last issued its 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 firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities analysts predict that onsemi will post 3.09 earnings per share for the current year.

Insiders Place Their Bets

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

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Bank of America said onsemi’s planned Synaptics acquisition could create long-term strategic synergies, adding complementary compute assets to onsemi’s power, sensing and control businesses and supporting its edge AI strategy. Onsemi’s Synaptics acquisition could unlock long-term synergies, says Bank of America
• Positive Sentiment: Separate coverage noted that onsemi was added to several Russell growth benchmarks, including the Russell 1000 Growth, which can support demand from index funds and help offset near-term volatility. Is ON Semiconductor (ON) Fully Valued Following Index Inclusion And Its Synaptics Deal?
• Neutral Sentiment: New product-related coverage highlighted Vadzo Imaging’s validation of an onsemi AR0830 HyperLux camera module for Raspberry Pi 5, which is supportive of the company’s image-sensing technology but likely not a major near-term stock driver. Vadzo Imaging Validates Bolt-830CRS: Onsemi AR0830 HyperLux 8MP 4K HDR MIPI Camera for Raspberry Pi 5
• Negative Sentiment: On the cautionary side, Pomerantz Law Firm announced an investor investigation into onsemi, which can create headline risk even if it does not imply wrongdoing. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ON Semiconductor Corporation – ON

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ON shares. Needham & Company LLC raised their price target on onsemi from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, June 26th. Bank of America upped their target price on shares of onsemi from $115.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Citigroup lifted their price target on shares of onsemi from $100.00 to $120.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. B. Riley Financial boosted their price target on shares of onsemi from $118.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, onsemi has a consensus rating of “Hold” and a consensus target price of $103.24.

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.