ON Semiconductor Corporation $ON Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC reduced its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 6.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 564,935 shares of the semiconductor company’s stock after selling 39,624 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned about 0.14% of ON Semiconductor worth $27,857,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several brokerages have commented on ON. Needham & Company LLC increased their price target on shares of ON Semiconductor from $68.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. B. Riley Financial boosted their price objective on shares of ON Semiconductor from $54.00 to $58.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. upped their target price on shares of ON Semiconductor from $56.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Wells Fargo & Company increased their target price on shares of ON Semiconductor from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Finally, Barclays assumed coverage on shares of ON Semiconductor in a research note on Thursday, February 12th. They set an “equal weight” rating and a $75.00 price target on the stock. Twelve equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $64.19.

Insiders Place Their Bets

In related news, CEO Hassane El-Khoury sold 20,000 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total transaction of $1,460,400.00. Following the completion of the sale, the chief executive officer owned 1,015,610 shares in the company, valued at $74,159,842.20. This represents a 1.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Trent Thad sold 60,000 shares of the firm’s stock in a transaction on 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 directly owned 339,460 shares in the company, valued at $24,176,341.20. The trade was a 15.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.31% of the stock is owned by corporate insiders.

Key ON Semiconductor News

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

• Positive Sentiment: Renewed investor appetite for semiconductor names after a prominent investor bought a large stake in Nvidia — this kind of high-profile buying can lift sentiment across the chip sector and benefit ON as investors rotate into semiconductor exposure. This Billionaire Just Bought 1 MILLION Shares of Nvidia Stock
• Neutral Sentiment: Coverage piece highlighting rising investor attention in ON — notes valuation and liquidity metrics and flags ON as a name drawing retail and analyst focus; such attention can increase trading volume but doesn’t guarantee direction. ON Semiconductor Corporation (ON) is Attracting Investor Attention
• Neutral Sentiment: Recent quarterly results: ON reported $0.64 EPS (slightly above consensus) but revenue was down ~11% year-over-year and missed estimates — the company set Q1 fiscal guidance of $0.560–0.660 EPS. The EPS beat supports valuation, while weaker revenue and modest guidance temper the outlook.
• Negative Sentiment: End-market uncertainty in data-heavy segments: reports that video-game companies and other customers face storage and AI-related adoption issues may reduce near-term demand for components; sector-specific weakness can weigh on ON’s cyclical end markets. SONY vs. MSFT vs. NTDOF: Video Games Have a Storage Problem Thanks to AI
• Negative Sentiment: Valuation and recent run-up: ON’s P/E and recent 50-day/200-day moving average context make the stock vulnerable to profit-taking after hitting multi-month highs; combined with the revenue decline, that likely contributed to today’s downside pressure.

ON Semiconductor Trading Down 6.5%

ON opened at $56.87 on Monday. The company has a quick ratio of 2.98, a current ratio of 4.52 and a debt-to-equity ratio of 0.39. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $73.76. The business’s 50 day moving average is $63.22 and its two-hundred day moving average is $55.14. The firm has a market cap of $22.41 billion, a price-to-earnings ratio of 167.27, a price-to-earnings-growth ratio of 0.60 and a beta of 1.52.

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

ON Semiconductor declared that its Board of Directors has initiated a stock buyback plan on Tuesday, November 18th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor company to buy up to 32.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

ON Semiconductor Company Profile

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.