Van ECK Associates Corp Has $168.96 Million Stock Position in ON Semiconductor Corporation $ON

Van ECK Associates Corp increased its stake in ON Semiconductor Corporation (NASDAQ:ON) by 8.9% during the third quarter, HoldingsChannel reports. The firm owned 3,426,535 shares of the semiconductor company’s stock after acquiring an additional 279,988 shares during the period. Van ECK Associates Corp’s holdings in ON Semiconductor were worth $168,963,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ON. Private Trust Co. NA boosted its holdings in shares of ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after buying an additional 220 shares during the period. Quent Capital LLC purchased a new stake in shares of ON Semiconductor in the 3rd quarter valued at approximately $28,000. Migdal Insurance & Financial Holdings Ltd. grew its position in ON Semiconductor by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 235 shares in the last quarter. Deseret Mutual Benefit Administrators raised its stake in ON Semiconductor by 62.3% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 218 shares during the period. Finally, Rexford Capital Inc. purchased a new stake in shares of ON Semiconductor in the second quarter valued at $31,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

More ON Semiconductor News

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Q4 / recent results beat on EPS: ON reported $0.64 EPS vs. street ~$0.62, showing some operational resilience and giving investors a tangible beat to anchor sentiment. Analysts focus will be on whether margin recovery continues into the next quarters.
• Neutral Sentiment: Leadership transition in Power Solutions — ON said it agreed with Group President Simon Keeton to transition roles effective March 9, 2026. The company’s release gives limited detail on timing/succession and frames the change as a managed transition; investors will watch for succession details and any signals about strategic priorities for the power business. ON Semiconductor Announces Leadership Transition in Power Solutions
• Negative Sentiment: Top-line weakness and thin margins: revenue was down ~11% year-over-year and net margin remains slim (~2.0%), highlighting demand softness in parts of the semiconductor cycle — a risk to sentiment if orders don’t rebound.
• Negative Sentiment: Valuation / expectations: ON trades at a high P/E (reported ~175x) and a low net margin, which makes the stock sensitive to any guidance misses or execution slips; investors may reduce risk until the leadership change and revenue trends are clearer.

ON Semiconductor Trading Up 0.6%

NASDAQ:ON opened at $59.59 on Wednesday. The company has a market capitalization of $23.48 billion, a P/E ratio of 175.27, a P/E/G ratio of 0.63 and a beta of 1.52. The stock’s 50 day moving average price is $63.43 and its 200 day moving average price is $55.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $73.76.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.62 by $0.02. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the firm posted $0.95 earnings per share. The company’s revenue for the quarter was down 11.2% compared to the same quarter last year. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, research analysts forecast that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

ON Semiconductor declared that its board has approved a share buyback plan on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to reacquire up to 32.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at ON Semiconductor

In other news, CFO Trent Thad sold 60,000 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the transaction, the chief financial officer owned 339,460 shares of the company’s stock, valued at approximately $24,176,341.20. This represents a 15.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the completion of the transaction, the chief executive officer directly owned 1,015,610 shares in the company, valued at $74,159,842.20. The trade was a 1.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

ON has been the topic of a number of research analyst reports. Weiss Ratings downgraded ON Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, January 30th. Truist Financial raised their price objective on ON Semiconductor from $57.00 to $66.00 and gave the stock a “hold” rating in a research report on Tuesday, February 10th. Morgan Stanley upped their target price on ON Semiconductor from $55.00 to $56.00 and gave the company an “equal weight” rating in a report on Monday, November 24th. Mizuho lowered their price objective on shares of ON Semiconductor from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 10th. Finally, Bank of America increased their target price on shares of ON Semiconductor from $60.00 to $65.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 21st. Twelve analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $64.19.

About ON Semiconductor

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.