Heartland Advisors Inc. Raises Stock Holdings in onsemi $ON

Heartland Advisors Inc. grew its position in onsemi (NASDAQ:ON) by 30.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,942 shares of the semiconductor company’s stock after acquiring an additional 32,989 shares during the quarter. Heartland Advisors Inc.’s holdings in onsemi were worth $8,727,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ON. Pictet Asset Management Holding SA boosted its stake in shares of onsemi by 38.8% during the fourth quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock worth $215,624,000 after buying an additional 1,112,774 shares during the period. Twin Capital Management Inc. acquired a new position in onsemi in the 4th quarter valued at about $585,000. Carmel Capital Partners LLC increased its position in onsemi by 119.3% in the 4th quarter. Carmel Capital Partners LLC now owns 73,416 shares of the semiconductor company’s stock valued at $3,975,000 after acquiring an additional 39,944 shares during the period. F&V Capital Management LLC purchased a new stake in onsemi during the 4th quarter valued at approximately $15,075,000. Finally, VCI Wealth Management LLC acquired a new stake in onsemi during the 4th quarter worth approximately $1,276,000. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Investors are focusing on AI-related upside: onsemi was featured in articles highlighting semiconductor stocks positioned to benefit from surging AI demand, and a separate piece said the company is making a large strategic bet on AI by pursuing Synaptics as a natural expansion into “physical AI.” This keeps the long-term growth story intact.
• Positive Sentiment: onsemi confirmed it will report second-quarter 2026 results after the market close on August 3, which could act as a near-term catalyst if results or guidance surprise to the upside.
• Neutral Sentiment: Analyst sentiment remains mixed but generally constructive, with recent coverage pointing to a “Hold” consensus and some articles arguing the stock may be fully valued after its strong multiyear run.
• Negative Sentiment: Another market wrap noted ON Semiconductor stock fell in the latest session, suggesting traders may be taking profits or rotating out of the name after a big run.
• Negative Sentiment: A PR Newswire item reported that Pomerantz LLP is investigating claims on behalf of onsemi investors, which can create an overhang even if no wrongdoing has been established.

onsemi Stock Performance

NASDAQ ON opened at $87.37 on Friday. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $109.90 and its two-hundred day moving average is $82.74. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The stock has a market capitalization of $34.24 billion, a price-to-earnings ratio of 61.96, a PEG ratio of 0.78 and a beta of 2.01.

onsemi (NASDAQ:ON) last issued its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Research analysts expect that onsemi will post 3.1 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ON. Wall Street Zen raised onsemi from a “hold” rating to a “buy” rating in a report on Monday, April 13th. Evercore reaffirmed an “outperform” rating and set a $137.00 price target on shares of onsemi in a report on Friday, June 26th. Robert W. Baird lifted their price objective on shares of onsemi from $56.00 to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of onsemi from $70.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. Fourteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $102.64.

Insider Transactions at onsemi

In other onsemi news, CFO Trent Thad sold 30,000 shares of the stock in a transaction 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 completion of the transaction, the chief financial officer owned 301,194 shares in the company, valued at approximately $28,011,042. This represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.35% of the company’s stock.

onsemi Company 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.