AMG National Trust Bank Buys New Stake in ON Semiconductor Corporation $ON

AMG National Trust Bank bought a new stake in ON Semiconductor Corporation (NASDAQ:ON) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,081 shares of the semiconductor company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ON. Mather Group LLC. lifted its stake in ON Semiconductor by 21.7% in the 1st quarter. Mather Group LLC. now owns 4,196 shares of the semiconductor company’s stock valued at $171,000 after buying an additional 747 shares in the last quarter. Teacher Retirement System of Texas raised its holdings in ON Semiconductor by 1,453.0% in the 1st quarter. Teacher Retirement System of Texas now owns 62,274 shares of the semiconductor company’s stock valued at $2,534,000 after acquiring an additional 58,264 shares during the last quarter. GF Fund Management CO. LTD. raised its holdings in ON Semiconductor by 1.9% in the 1st quarter. GF Fund Management CO. LTD. now owns 82,264 shares of the semiconductor company’s stock valued at $3,347,000 after acquiring an additional 1,566 shares during the last quarter. IFM Investors Pty Ltd raised its holdings in ON Semiconductor by 10.9% in the 1st quarter. IFM Investors Pty Ltd now owns 85,542 shares of the semiconductor company’s stock valued at $3,481,000 after acquiring an additional 8,404 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in ON Semiconductor by 295.4% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,475 shares of the semiconductor company’s stock valued at $60,000 after acquiring an additional 1,102 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

ON Semiconductor Trading Down 1.5%

ON stock opened at $50.08 on Friday. The company has a market cap of $20.48 billion, a price-to-earnings ratio of 46.80, a PEG ratio of 2.58 and a beta of 1.49. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $50.21 and a 200-day simple moving average of $49.43. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $74.52.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The company’s quarterly revenue was down 15.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.96 earnings per share. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. On average, equities research analysts expect that ON Semiconductor Corporation will post 2.6 EPS for the current year.

Insider Activity at ON Semiconductor

In related news, CEO Hassane El-Khoury sold 15,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total transaction of $768,300.00. Following the completion of the sale, the chief executive officer directly owned 977,814 shares of the company’s stock, valued at approximately $50,083,633.08. This represents a 1.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.31% of the stock is currently owned by insiders.

Analyst Ratings Changes

ON has been the subject of several analyst reports. Rosenblatt Securities cut their price target on ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, August 5th. B. Riley reiterated a “neutral” rating on shares of ON Semiconductor in a report on Tuesday, August 5th. Truist Financial boosted their price target on ON Semiconductor from $43.00 to $49.00 and gave the company a “hold” rating in a report on Tuesday, August 5th. Benchmark reiterated a “buy” rating and issued a $60.00 price target (up from $50.00) on shares of ON Semiconductor in a report on Tuesday, August 5th. Finally, Wells Fargo & Company cut their price target on ON Semiconductor from $65.00 to $62.00 and set an “overweight” rating for the company in a report on Tuesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $56.96.

About ON Semiconductor

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.