Generali Investments Towarzystwo Funduszy Inwestycyjnych Lowers Holdings in onsemi $ON

Generali Investments Towarzystwo Funduszy Inwestycyjnych lowered its stake in shares of onsemi (NASDAQ:ON) by 14.9% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 40,100 shares of the semiconductor company’s stock after selling 7,000 shares during the period. onsemi comprises about 1.3% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s portfolio, making the stock its 21st largest holding. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in onsemi were worth $2,483,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of ON. Ameriprise Financial Inc. boosted its position in onsemi by 7.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock worth $639,716,000 after purchasing an additional 877,533 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of onsemi by 8.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company’s stock valued at $360,828,000 after purchasing an additional 474,725 shares in the last quarter. Norges Bank purchased a new position in shares of onsemi during the 4th quarter valued at approximately $330,885,000. Rafferty Asset Management LLC lifted its stake in shares of onsemi by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after purchasing an additional 2,072,125 shares during the period. Finally, Capital International Investors boosted its holdings in onsemi by 0.5% during the third quarter. Capital International Investors now owns 4,249,967 shares of the semiconductor company’s stock worth $209,566,000 after buying an additional 22,699 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: The acquisition broadens onsemi’s product portfolio and positions it more deeply in Physical AI applications such as autonomous driving, robotics, and industrial automation. onsemi to Acquire Synaptics to Enable the Next Generation of Intelligent Systems for Physical AI
• Positive Sentiment: Management said the deal increases onsemi’s total addressable market by $30 billion to $243 billion by 2030 and should be accretive to non-GAAP EPS within 18 months, which supports the long-term growth case. onsemi to Acquire Synaptics for Physical AI
• Neutral Sentiment: The deal is all-stock and still needs shareholder and regulatory approval, so near-term execution risk and dilution concerns may keep some investors cautious.
• Negative Sentiment: Some traders appear to be taking profits after a strong run in ON shares, and the market is also sensitive to semiconductor valuation and AI-capex rotation, which may be contributing to volatility. ON Semi to Acquire Synaptics in $7 Billion All-Stock Deal: SYNA Rallies, ON Shares Take Hit

Insider Activity at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total value of $2,790,000.00. Following the transaction, the chief financial officer owned 301,194 shares in the company, valued at $28,011,042. This trade represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available 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.

onsemi Stock Up 2.6%

ON stock opened at $118.74 on Friday. The stock has a market capitalization of $46.53 billion, a P/E ratio of 84.21, a P/E/G ratio of 1.03 and a beta of 1.97. The firm has a 50-day simple moving average of $110.31 and a 200-day simple moving average of $78.75. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92.

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

Wall Street Analysts Forecast Growth

ON has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of onsemi in a research report on Tuesday, May 5th. Mizuho increased their target price on shares of onsemi from $130.00 to $150.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Zacks Research upgraded onsemi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. Truist Financial reiterated a “hold” rating and set a $101.00 price target (up from $66.00) on shares of onsemi in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group raised their price objective on onsemi from $73.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, onsemi presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.76.

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.