ON Semiconductor Corporation $ON Shares Bought by Cromwell Holdings LLC

Cromwell Holdings LLC lifted its holdings in ON Semiconductor Corporation (NASDAQ:ON) by 57.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,387 shares of the semiconductor company’s stock after acquiring an additional 507 shares during the period. Cromwell Holdings LLC’s holdings in ON Semiconductor were worth $73,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ON. Costello Asset Management INC acquired a new stake in ON Semiconductor during the 1st quarter valued at $26,000. Golden State Wealth Management LLC grew its holdings in ON Semiconductor by 83.3% during the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 320 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in ON Semiconductor during the 1st quarter valued at $41,000. Geneos Wealth Management Inc. grew its holdings in ON Semiconductor by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 507 shares in the last quarter. Finally, Rakuten Securities Inc. grew its holdings in ON Semiconductor by 61.9% during the 1st quarter. Rakuten Securities Inc. now owns 1,376 shares of the semiconductor company’s stock valued at $56,000 after purchasing an additional 526 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on ON. TD Cowen lowered their price target on shares of ON Semiconductor from $68.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, August 5th. UBS Group lowered their price target on shares of ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, August 5th. JPMorgan Chase & Co. raised their price target on shares of ON Semiconductor from $48.00 to $56.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. Needham & Company LLC raised their price target on shares of ON Semiconductor from $50.00 to $58.00 and gave the company a “buy” rating in a report on Monday, August 4th. Finally, Cantor Fitzgerald assumed coverage on shares of ON Semiconductor in a report on Wednesday, June 18th. They set a “neutral” rating and a $55.00 price objective for the company. Twelve investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $56.68.

Insider Activity

In other news, CEO Hassane El-Khoury sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the transaction, the chief executive officer directly owned 977,814 shares in the company, valued at approximately $50,083,633.08. This trade represents a 1.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.31% of the company’s stock.

ON Semiconductor Price Performance

Shares of ON stock opened at $48.74 on Friday. The firm has a market cap of $19.93 billion, a P/E ratio of 45.55, a P/E/G ratio of 2.41 and a beta of 1.49. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.02 and a quick ratio of 3.37. ON Semiconductor Corporation has a 1-year low of $31.04 and a 1-year high of $76.06. The firm has a fifty day moving average of $50.48 and a two-hundred day moving average of $47.60.

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 analysts’ consensus estimates of $0.54 by ($0.01). ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the previous year, the business posted $0.96 earnings per share. The company’s quarterly revenue was down 15.4% compared to the same quarter last year. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. As a group, research analysts anticipate that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor 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.