onsemi $ON Shares Sold by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab cut its stake in shares of onsemi (NASDAQ:ON) by 57.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 42,303 shares of the semiconductor company’s stock after selling 57,540 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in onsemi were worth $3,999,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in ON. Kestra Private Wealth Services LLC boosted its holdings in onsemi by 2.8% in the first quarter. Kestra Private Wealth Services LLC now owns 4,554 shares of the semiconductor company’s stock valued at $282,000 after acquiring an additional 125 shares during the last quarter. Apollon Wealth Management LLC increased its stake in onsemi by 1.8% during the first quarter. Apollon Wealth Management LLC now owns 7,130 shares of the semiconductor company’s stock worth $441,000 after acquiring an additional 127 shares during the last quarter. Evexia Wealth LLC increased its stake in onsemi by 1.1% during the first quarter. Evexia Wealth LLC now owns 13,328 shares of the semiconductor company’s stock worth $825,000 after acquiring an additional 142 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of onsemi by 42.1% in the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the period. Finally, V Square Quantitative Management LLC lifted its stake in shares of onsemi by 2.7% in the 1st quarter. V Square Quantitative Management LLC now owns 5,946 shares of the semiconductor company’s stock valued at $368,000 after purchasing an additional 157 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ON shares. Zacks Research cut onsemi from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Evercore reaffirmed an “outperform” rating and set a $137.00 price target on shares of onsemi in a research report on Friday, June 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Jefferies Financial Group increased their price objective on shares of onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Citigroup reduced their target price on shares of onsemi from $120.00 to $98.00 and set a “neutral” rating on the stock in a report on Wednesday, August 5th. Fourteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $100.62.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Optimism around onsemi’s earnings outlook supported the stock after Zacks upgraded the company to a No. 2 (Buy) ranking. The upgrade reflects expectations for improving earnings momentum following the company’s recent quarterly results. ON Semiconductor Corp. Moves to Buy
• Positive Sentiment: Investor interest is also being supported by onsemi’s strategy to become a broader physical-AI and robotics supplier, including technologies for intelligent sensing and power management. A MarketBeat analysis argued that this expansion could create a longer-term growth opportunity beyond the company’s traditional automotive exposure. The AI Chip Stock Making a Quiet Move Toward Dominance
• Positive Sentiment: Some analysts remain constructive: Citigroup set a $98 price target, while a separate analysis raised its valuation target after onsemi’s second-quarter report. The company recently exceeded quarterly EPS and revenue expectations and issued third-quarter EPS guidance of $0.81 to $0.93. onsemi Given New $98 Price Target
• Neutral Sentiment: Analyst sentiment remains mixed. TD Cowen reiterated a Hold rating with a $95 target, while Rosenblatt maintained a Neutral rating, suggesting that data-center strength is being offset by softer automotive and industrial demand. ON Semiconductor Hold Rating Reiterated
• Negative Sentiment: Several firms reduced or maintained cautious targets, including Mizuho’s cut to $110 and pessimistic outlooks from Wells Fargo, B. Riley and Needham. Analysts cited broader semiconductor-sector concerns and uneven recovery in automotive and industrial markets. Why Wall Street Cut ON Semiconductor’s Price Target

onsemi Stock Performance

Shares of NASDAQ:ON opened at $81.17 on Monday. The company has a market cap of $31.60 billion, a P/E ratio of 52.03, a PEG ratio of 0.67 and a beta of 2.03. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. onsemi has a one year low of $44.56 and a one year high of $134.92. The business’s 50-day simple moving average is $100.70 and its 200 day simple moving average is $85.60.

onsemi (NASDAQ:ON) last released its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%.onsemi’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 EPS. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, sell-side analysts forecast that onsemi will post 3.23 earnings per share 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.