Healthcare of Ontario Pension Plan Trust Fund Sells 560,840 Shares of onsemi $ON

Healthcare of Ontario Pension Plan Trust Fund lowered its position in onsemi (NASDAQ:ON) by 18.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,509,906 shares of the semiconductor company’s stock after selling 560,840 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in onsemi were worth $135,911,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Root Financial Partners LLC increased its position 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 valued at $27,000 after buying an additional 149 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its stake in onsemi by 28.2% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 160 shares during the period. Parallel Advisors LLC boosted its stake in onsemi by 3.3% in the 4th quarter. Parallel Advisors LLC now owns 5,847 shares of the semiconductor company’s stock worth $317,000 after purchasing an additional 189 shares during the period. Cromwell Holdings LLC boosted its stake in onsemi by 17.4% in the 4th quarter. Cromwell Holdings LLC now owns 1,312 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 194 shares during the period. Finally, Westside Investment Management Inc. boosted its stake in onsemi by 9.3% in the 4th quarter. Westside Investment Management Inc. now owns 2,360 shares of the semiconductor company’s stock worth $128,000 after purchasing an additional 200 shares during the period. Institutional investors own 97.70% of the company’s stock.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Coverage of onsemi’s new GaNEXUS power portfolio and Elite Pairing Studio suggests the company is strengthening its product suite for AI, EV, and industrial power applications. Does onsemi’s New GaNEXUS Toolkit Subtly Reframe Its Long-Term Power Leadership Story (ON)?
• Positive Sentiment: onsemi was highlighted as a trending stock and included in a broader semiconductor rally, which is likely supporting near-term buying interest. ON Semiconductor Corporation (ON) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Recent market commentary noted onsemi moving with other semiconductor names as the Nasdaq bounced, pointing to sector-driven momentum rather than a new fundamental catalyst. Penguin Solutions, onsemi, and Photronics Shares Skyrocket, What You Need To Know

Insider Activity at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the transaction, 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 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 corporate insiders.

onsemi Trading Up 0.7%

onsemi stock opened at $116.79 on Friday. The firm has a 50-day moving average of $100.65 and a 200-day moving average of $74.22. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14. The company has a market cap of $45.77 billion, a price-to-earnings ratio of 82.83, a P/E/G ratio of 1.04 and a beta of 1.97.

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ON shares. Roth Mkm reaffirmed a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Jefferies Financial Group upped their target price on shares of onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Susquehanna upped their target price on shares of onsemi from $100.00 to $120.00 and gave the stock a “positive” rating in a research note on Tuesday, May 5th. Zacks Research raised shares of onsemi from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Rosenblatt Securities upped their target price on shares of onsemi from $60.00 to $85.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, onsemi has an average rating of “Moderate Buy” and an average target price of $92.96.

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.