4,505 Shares in ON Semiconductor Corporation $ON Purchased by Everpar Advisors LLC

Everpar Advisors LLC purchased a new position in ON Semiconductor Corporation (NASDAQ:ON) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,505 shares of the semiconductor company’s stock, valued at approximately $236,000.

A number of other hedge funds have also bought and sold shares of ON. Costello Asset Management INC bought a new position in ON Semiconductor in the first quarter worth about $26,000. Golden State Wealth Management LLC lifted its holdings in ON Semiconductor by 83.3% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 320 shares during the last quarter. Elequin Capital LP lifted its holdings in ON Semiconductor by 108.3% in the fourth quarter. Elequin Capital LP now owns 527 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 274 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in ON Semiconductor in the first quarter worth about $41,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in ON Semiconductor by 69.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,263 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 518 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total value of $768,300.00. Following the transaction, the chief executive officer owned 977,814 shares of the company’s stock, valued at approximately $50,083,633.08. This represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

ON Semiconductor Price Performance

NASDAQ ON opened at $49.56 on Wednesday. The stock has a market capitalization of $20.27 billion, a P/E ratio of 46.32, a P/E/G ratio of 2.39 and a beta of 1.48. ON Semiconductor Corporation has a 1 year low of $31.04 and a 1 year high of $76.06. The business’s fifty day moving average is $52.70 and its two-hundred day moving average is $47.12. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02.

ON Semiconductor (NASDAQ:ON) last posted its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.01). The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. ON Semiconductor’s quarterly revenue was down 15.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 EPS. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. On average, research analysts forecast that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. TD Cowen cut their target price on shares of ON Semiconductor from $68.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. Cantor Fitzgerald assumed coverage on shares of ON Semiconductor in a report on Wednesday, June 18th. They issued a “neutral” rating and a $55.00 target price on the stock. Benchmark reissued a “buy” rating and issued a $60.00 target price (up previously from $50.00) on shares of ON Semiconductor in a report on Tuesday, August 5th. B. Riley reaffirmed a “neutral” rating on shares of ON Semiconductor in a report on Tuesday, August 5th. Finally, Rosenblatt Securities cut their price target on ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, August 5th. Twelve research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $56.68.

ON Semiconductor 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.