onsemi $ON Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in shares of onsemi (NASDAQ:ON) by 15.1% in the fourth quarter, HoldingsChannel reports. The firm owned 797,018 shares of the semiconductor company’s stock after selling 141,261 shares during the quarter. Hsbc Holdings PLC’s holdings in onsemi were worth $43,186,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC lifted its holdings in onsemi by 83.7% in the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 215 shares in the last quarter. Root Financial Partners LLC grew its holdings in shares of onsemi by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after buying an additional 149 shares in the last quarter. DV Equities LLC purchased a new stake in shares of onsemi during the fourth quarter worth about $30,000. SHP Wealth Management acquired a new position in shares of onsemi in the fourth quarter valued at approximately $32,000. Finally, Summit Securities Group LLC raised its position in shares of onsemi by 346.3% in the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 464 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Neutral Sentiment: onsemi’s latest quarterly results were solid, with EPS and revenue both topping expectations and Q2 guidance calling for continued growth, which may help limit downside if the sector stabilizes.
• Neutral Sentiment: The stock had recently attracted investor attention and benefited from semiconductor strength before today’s sector reversal, suggesting some of the move may be driven by momentum unwinding rather than company-specific news.
• Negative Sentiment: A broader tech and chip pullback weighed on onsemi as investors reacted to concerns that memory and AI-related semiconductor expansion could slow, pressuring sentiment across the industry.

Insider Activity

In other news, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the sale, the chief financial officer directly owned 301,194 shares in the company, valued at $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by corporate insiders.

onsemi Price Performance

ON opened at $117.06 on Wednesday. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The company’s 50 day simple moving average is $108.49 and its 200 day simple moving average is $77.87. The stock has a market capitalization of $45.88 billion, a PE ratio of 83.02, a P/E/G ratio of 1.17 and a beta of 1.97. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87.

onsemi (NASDAQ:ON) last issued its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. onsemi’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, sell-side analysts expect that onsemi will post 3.09 EPS for the current year.

Wall Street Analyst Weigh In

ON has been the topic of a number of analyst reports. Rosenblatt Securities raised their target price on shares of onsemi from $60.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial reiterated a “hold” rating and issued a $101.00 price target (up from $66.00) on shares of onsemi in a report on Tuesday, May 5th. Bank of America increased their price target on onsemi from $115.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Wells Fargo & Company raised their price objective on onsemi from $115.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, June 9th. Finally, JPMorgan Chase & Co. lifted their price objective on onsemi from $70.00 to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, onsemi has a consensus rating of “Moderate Buy” and a consensus price target of $94.68.

onsemi 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.