onsemi $ON Shares Sold by Junto Capital Management LP

Junto Capital Management LP lessened its stake in shares of onsemi (NASDAQ:ON) by 60.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 483,261 shares of the semiconductor company’s stock after selling 735,987 shares during the quarter. Junto Capital Management LP owned about 0.12% of onsemi worth $45,687,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of ON. Sequoia Financial Advisors LLC boosted its stake in shares of onsemi by 1.7% during the second quarter. Sequoia Financial Advisors LLC now owns 20,170 shares of the semiconductor company’s stock valued at $1,907,000 after acquiring an additional 344 shares during the last quarter. Arlington Capital Management Inc. acquired a new position in onsemi in the 2nd quarter valued at about $246,000. WINTON GROUP Ltd purchased a new position in onsemi in the 2nd quarter valued at about $293,000. Engineers Gate Manager LP boosted its stake in shares of onsemi by 570.3% during the 2nd quarter. Engineers Gate Manager LP now owns 304,377 shares of the semiconductor company’s stock worth $28,776,000 after purchasing an additional 258,968 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of onsemi by 1.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 22,059 shares of the semiconductor company’s stock worth $2,085,000 after purchasing an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on ON shares. Citigroup cut their price objective on shares of onsemi from $120.00 to $98.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. Mizuho lowered their target price on shares of onsemi from $125.00 to $110.00 and set an “outperform” rating for the company in a research note on Tuesday, August 4th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $62.00 price target on shares of onsemi in a report on Wednesday, August 12th. Evercore reissued an “outperform” rating and set a $137.00 price target on shares of onsemi in a research note on Friday, June 26th. Finally, Bank of America raised their price objective on onsemi from $115.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.44.

onsemi Price Performance

ON opened at $70.98 on Thursday. 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 $82.31 and its 200 day simple moving average is $87.33. The stock has a market capitalization of $27.63 billion, a PE ratio of 45.50, a P/E/G ratio of 0.58 and a beta of 2.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46.

onsemi (NASDAQ:ON) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. onsemi had a net margin of 10.17% and a return on equity of 14.06%. onsemi’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, sell-side analysts expect that onsemi will post 3.23 EPS for the current year.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi’s latest quarterly results remain a supportive backdrop: revenue increased 9.2% year over year, EPS exceeded consensus, and management provided third-quarter 2026 EPS guidance of $0.81–$0.93. However, these results were reported previously and are not a fresh catalyst today.
• Neutral Sentiment: The broader semiconductor sector has recently benefited from enthusiasm around artificial-intelligence infrastructure and advanced-chip demand, which could provide some support for onsemi’s power and automotive semiconductor businesses. Why Onto Innovation Stock Is Up Today
• Negative Sentiment: Recent market coverage highlighted onsemi’s 4.44% decline in the prior trading session, reflecting heavier selling than the broader market. The stock is also trading below its 50-day and 200-day moving averages, indicating continued technical pressure and limited near-term momentum. ON Semiconductor Falls More Steeply Than Broader Market
• Negative Sentiment: A Seeking Alpha analysis characterized the stock’s recent setup as a potential “bull trap,” raising concerns that optimism about an AI-driven portfolio refresh may not yet be translating into sustained earnings momentum. That caution may be weighing on investors following the recent selloff. ON Semiconductor’s Bull Trap Over

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.