Saudi Central Bank Buys 12,681 Shares of onsemi $ON

Saudi Central Bank lifted its position in shares of onsemi (NASDAQ:ON) by 85.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,533 shares of the semiconductor company’s stock after acquiring an additional 12,681 shares during the period. Saudi Central Bank’s holdings in onsemi were worth $2,603,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC lifted its position in shares of onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after buying an additional 149 shares during the last quarter. DV Equities LLC bought a new position in onsemi in the fourth quarter valued at about $30,000. SHP Wealth Management acquired a new position in onsemi during the fourth quarter worth about $32,000. Summit Securities Group LLC raised its stake in onsemi by 346.3% during the fourth quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 464 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of onsemi in the second quarter worth about $32,000. Institutional investors own 97.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Truist Financial set a $40.00 price target on shares of onsemi in a report on Wednesday, August 12th. B. Riley Financial dropped their price objective on shares of onsemi from $135.00 to $127.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Evercore reaffirmed an “outperform” rating and set a $137.00 target price on shares of onsemi in a research note on Friday, June 26th. Cantor Fitzgerald reiterated a “neutral” rating and set a $110.00 price target on shares of onsemi in a report on Monday, August 17th. Finally, UBS Group reiterated a “neutral” rating and issued a $95.00 price target on shares of onsemi in a research note on Monday, June 29th. Fifteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.44.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Neutral Sentiment: The listed articles focused on unrelated companies and sectors, including insurance, hospitality, biotechnology, energy, and other semiconductor or technology firms. None reported new orders, acquisitions, guidance changes, analyst actions, or regulatory developments involving onsemi.
• Neutral Sentiment: Investors continue to have the company’s latest reported results as the primary fundamental reference: onsemi exceeded quarterly EPS and revenue expectations, with revenue increasing 9.2% year over year, and issued third-quarter 2026 EPS guidance of $0.81–$0.93.

onsemi Price Performance

NASDAQ:ON opened at $74.38 on Tuesday. The firm’s 50 day simple moving average is $83.25 and its 200 day simple moving average is $87.31. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a market cap of $28.96 billion, a PE ratio of 47.68, a P/E/G ratio of 0.61 and a beta of 2.00.

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

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.