4,569 Shares in ON Semiconductor Corporation $ON Purchased by RMR Wealth Builders

RMR Wealth Builders purchased a new position in shares of ON Semiconductor Corporation (NASDAQ:ON) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,569 shares of the semiconductor company’s stock, valued at approximately $239,000.

Several other hedge funds have also recently modified their holdings of the stock. Golden State Wealth Management LLC grew its stake 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 acquiring an additional 320 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in ON Semiconductor by 4.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 10,026 shares of the semiconductor company’s stock valued at $408,000 after acquiring an additional 463 shares in the last quarter. Empowered Funds LLC grew its stake in ON Semiconductor by 29.0% during the 1st quarter. Empowered Funds LLC now owns 207,321 shares of the semiconductor company’s stock valued at $8,436,000 after acquiring an additional 46,551 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in ON Semiconductor during the 1st quarter valued at about $222,000. Finally, United Services Automobile Association purchased a new stake in ON Semiconductor during the 1st quarter valued at about $401,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Buying and Selling at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 15,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

ON has been the subject of several research reports. Bank of America dropped their price objective on shares of ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Needham & Company LLC increased their price target on shares of ON Semiconductor from $50.00 to $58.00 and gave the company a “buy” rating in a research note on Monday, August 4th. Piper Sandler reissued an “overweight” rating on shares of ON Semiconductor in a research note on Monday, August 4th. Cantor Fitzgerald initiated coverage on shares of ON Semiconductor in a research note on Wednesday, June 18th. They issued a “neutral” rating and a $55.00 price target for the company. Finally, Citigroup dropped their price target on shares of ON Semiconductor from $60.00 to $54.00 and set a “neutral” rating for the company in a research note on Tuesday, August 5th. Twelve analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, ON Semiconductor currently has a consensus rating of “Hold” and a consensus price target of $56.68.

ON Semiconductor Stock Performance

Shares of ON stock opened at $48.11 on Tuesday. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $76.06. The stock has a market capitalization of $19.68 billion, a PE ratio of 44.96, a P/E/G ratio of 2.40 and a beta of 1.48. The firm has a 50 day moving average of $52.86 and a two-hundred day moving average of $47.10.

ON Semiconductor (NASDAQ:ON) last announced its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the previous year, the business posted $0.96 earnings per share. ON Semiconductor’s revenue for the quarter 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. On average, research analysts predict that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

ON Semiconductor 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.