ROI Financial Advisors LLC Sells 5,119 Shares of ON Semiconductor Corporation $ON

ROI Financial Advisors LLC cut its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 53.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,507 shares of the semiconductor company’s stock after selling 5,119 shares during the quarter. ROI Financial Advisors LLC’s holdings in ON Semiconductor were worth $236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Costello Asset Management INC bought a new stake in shares of ON Semiconductor in the 1st quarter valued at $26,000. Trust Co. of Toledo NA OH acquired a new stake in ON Semiconductor in the second quarter worth $29,000. Geneos Wealth Management Inc. increased its stake in ON Semiconductor by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 507 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of ON Semiconductor during the second quarter valued at about $57,000. Finally, Covestor Ltd boosted its position in shares of ON Semiconductor by 70.1% during the 1st quarter. Covestor Ltd now owns 1,514 shares of the semiconductor company’s stock worth $62,000 after purchasing an additional 624 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

ON Semiconductor Trading Up 3.7%

Shares of ON stock opened at $50.08 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02. The company has a market capitalization of $20.48 billion, a price-to-earnings ratio of 46.80, a PEG ratio of 2.58 and a beta of 1.49. ON Semiconductor Corporation has a 52-week low of $31.04 and a 52-week high of $74.52. The company has a 50-day simple moving average of $50.12 and a two-hundred day simple moving average of $49.75.

ON Semiconductor (NASDAQ:ON) last posted its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.59 by $0.04. ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the firm earned $0.99 EPS. The company’s quarterly revenue was down 12.0% compared to the same quarter last year. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Research analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Piper Sandler reaffirmed an “overweight” rating on shares of ON Semiconductor in a research report on Monday, August 4th. Wells Fargo & Company lowered their price objective on shares of ON Semiconductor from $65.00 to $62.00 and set an “overweight” rating on the stock in a report on Tuesday, August 5th. Truist Financial raised their price objective on shares of ON Semiconductor from $49.00 to $51.00 and gave the company a “hold” rating in a research note on Tuesday. Williams Trading set a $60.00 price objective on shares of ON Semiconductor in a report on Tuesday. Finally, UBS Group boosted their target price on shares of ON Semiconductor from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, ON Semiconductor has a consensus rating of “Hold” and a consensus price target of $59.08.

Insiders Place Their Bets

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total value of $768,300.00. Following the completion of the transaction, the chief executive officer owned 977,814 shares in the company, valued at $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 available through the SEC website. Corporate insiders own 0.31% of the company’s stock.

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.