onsemi $ON Stake Boosted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its position in shares of onsemi (NASDAQ:ON) by 3,650.4% during the third quarter, Holdings Channel.com reports. The fund owned 26,740 shares of the semiconductor company’s stock after purchasing an additional 26,027 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in onsemi were worth $2,140,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ninety One UK Ltd bought a new stake in shares of onsemi in the 3rd quarter worth $36,000. Ascentis Independent Advisors purchased a new stake in shares of onsemi in the first quarter valued at about $36,000. SHP Wealth Management bought a new position in shares of onsemi during the fourth quarter valued at about $32,000. Root Financial Partners LLC lifted its position in shares of onsemi by 39.4% during the first quarter. Root Financial Partners LLC now owns 701 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 198 shares in the last quarter. Finally, Compass Financial Management LLC bought a new stake in onsemi in the 2nd quarter worth about $67,000. Institutional investors own 97.70% of the company’s stock.

onsemi Price Performance

Shares of NASDAQ:ON opened at $76.94 on Thursday. The company has a market capitalization of $29.95 billion, a P/E ratio of 49.32, a price-to-earnings-growth ratio of 0.62 and a beta of 2.05. The company’s 50-day moving average is $75.39 and its 200 day moving average is $90.18. 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 fifty-two week low of $44.56 and a fifty-two week high of $134.92.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.02. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, equities research analysts forecast that onsemi will post 3.21 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Robert W. Baird lifted their target price on shares of onsemi from $100.00 to $108.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Zacks Research lowered onsemi from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Stonex Financia raised onsemi to a “strong-buy” rating in a report on Wednesday, October 14th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $85.00 price target on shares of onsemi in a research report on Thursday, September 17th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $62.00 price target on shares of onsemi in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $93.56.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Stifel raised its price target to $80. The target increase provides near-term support for the stock and suggests the firm sees potential upside from onsemi’s power semiconductor exposure. Stifel raises target for ON Semiconductor stock to USD 80.00
• Positive Sentiment: Investor interest remains supported by onsemi’s potential exposure to secular growth in AI data-center power systems, EVs and energy-storage infrastructure. One market commentary highlighted the possibility that these markets could provide catalysts through 2027, particularly with the shares still well below their 52-week high. One Semiconductor Stock That Could Surprise Investors in 2027
• Positive Sentiment: Vadzo Imaging validated the low-power performance of a camera using onsemi’s HyperLux LP AR0830 8-megapixel image sensor, offering a modest product-usage signal for onsemi’s embedded-vision portfolio. Vadzo Imaging Validates Low Power Performance on Falcon-830CRS
• Neutral Sentiment: A market recap reported that ON finished at $76.94 and outperformed the broader market during the latest session, but the article did not identify a new company-specific fundamental catalyst. ON Semiconductor Corp. Rises Higher Than Market
• Negative Sentiment: TD Cowen cut its price target from $95 to $75 and maintained a Hold rating. The new target is close to the current trading level, limiting the immediate upside implied by that analyst and highlighting concerns about valuation, demand conditions or the pace of recovery. TD Cowen lowers onsemi price target

Insiders Place Their Bets

In other news, insider Sudhir Gopalswamy sold 15,578 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the completion of the transaction, the insider directly owned 158,177 shares of the company’s stock, valued at $12,654,160. This represents a 8.97% decrease in their position. The transaction was disclosed in a legal filing 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 insiders.

About onsemi

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.