Y Intercept Hong Kong Ltd Raises Holdings in onsemi $ON

Y Intercept Hong Kong Ltd boosted its holdings in shares of onsemi (NASDAQ:ON) by 1,710.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 416,381 shares of the semiconductor company’s stock after buying an additional 393,388 shares during the quarter. onsemi makes up about 0.5% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 13th biggest holding. Y Intercept Hong Kong Ltd’s holdings in onsemi were worth $22,547,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Wealthspire Advisors LLC increased its position in shares of onsemi by 86.3% during the 4th quarter. Wealthspire Advisors LLC now owns 5,454 shares of the semiconductor company’s stock worth $295,000 after purchasing an additional 2,527 shares during the last quarter. Quadrant Capital Group LLC lifted its position in onsemi by 30.6% in the fourth quarter. Quadrant Capital Group LLC now owns 12,212 shares of the semiconductor company’s stock valued at $661,000 after buying an additional 2,860 shares during the last quarter. Brooklyn Investment Group boosted its stake in onsemi by 58.9% during the fourth quarter. Brooklyn Investment Group now owns 10,396 shares of the semiconductor company’s stock worth $562,000 after buying an additional 3,852 shares during the period. Cibc World Markets Corp purchased a new position in onsemi during the fourth quarter worth about $22,549,000. Finally, Intesa Sanpaolo S.p.A. acquired a new stake in shares of onsemi during the fourth quarter valued at about $6,366,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Zacks Research upgraded shares of onsemi from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of onsemi in a research report on Wednesday, April 29th. Truist Financial restated a “hold” rating and set a $101.00 price target (up from $66.00) on shares of onsemi in a research report on Tuesday, May 5th. Finally, Cantor Fitzgerald lifted their price objective on onsemi from $95.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $92.96.

onsemi Stock Performance

Shares of onsemi stock opened at $116.79 on Friday. The business has a 50-day simple moving average of $100.65 and a 200-day simple moving average of $74.22. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a market cap of $45.77 billion, a PE ratio of 82.83, a P/E/G ratio of 1.03 and a beta of 1.97.

onsemi (NASDAQ:ON) last issued its quarterly 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. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the previous year, the firm earned $0.55 earnings per share. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, equities research analysts forecast that onsemi will post 3.09 EPS for the current fiscal year.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Coverage of onsemi’s new GaNEXUS power portfolio and Elite Pairing Studio suggests the company is strengthening its product suite for AI, EV, and industrial power applications. Does onsemi’s New GaNEXUS Toolkit Subtly Reframe Its Long-Term Power Leadership Story (ON)?
• Positive Sentiment: onsemi was highlighted as a trending stock and included in a broader semiconductor rally, which is likely supporting near-term buying interest. ON Semiconductor Corporation (ON) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Recent market commentary noted onsemi moving with other semiconductor names as the Nasdaq bounced, pointing to sector-driven momentum rather than a new fundamental catalyst. Penguin Solutions, onsemi, and Photronics Shares Skyrocket, What You Need To Know

Insider Activity

In other news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the sale, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. The trade was a 9.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company 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.