ON Semiconductor (NASDAQ:ON) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of ON Semiconductor (NASDAQ:ON) from a buy rating to a hold rating in a report published on Sunday.

Other analysts have also issued reports about the company. B. Riley Financial raised their price target on ON Semiconductor from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. Barclays began coverage on ON Semiconductor in a research note on Thursday, February 12th. They issued an “equal weight” rating and a $75.00 price target on the stock. Citigroup raised their price objective on ON Semiconductor from $66.00 to $68.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Benchmark downgraded ON Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. Finally, UBS Group restated a “neutral” rating on shares of ON Semiconductor in a report on Monday, February 2nd. Twelve analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $64.19.

ON Semiconductor Stock Up 0.5%

Shares of NASDAQ:ON opened at $63.79 on Friday. The stock’s 50-day moving average price is $63.62 and its two-hundred day moving average price is $56.82. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. ON Semiconductor has a 12-month low of $31.04 and a 12-month high of $73.76. The firm has a market cap of $25.13 billion, a price-to-earnings ratio of 187.62, a PEG ratio of 0.66 and a beta of 1.53.

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

Insider Transactions at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $73.02, for a total value of $1,460,400.00. Following the transaction, the chief executive officer directly owned 1,015,610 shares in the company, valued at $74,159,842.20. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.67, for a total value of $358,708.38. Following the completion of the transaction, the insider owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 86,114 shares of company stock worth $6,092,308 in the last three months. 0.31% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ON Semiconductor

A number of institutional investors and hedge funds have recently bought and sold shares of ON. Norges Bank acquired a new stake in ON Semiconductor in the fourth quarter valued at approximately $330,885,000. Two Sigma Investments LP grew its position in ON Semiconductor by 636.1% in the third quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock valued at $184,900,000 after acquiring an additional 3,240,375 shares in the last quarter. Rafferty Asset Management LLC grew its position in ON Semiconductor by 55.0% in the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after acquiring an additional 2,072,125 shares in the last quarter. Marshall Wace LLP grew its position in ON Semiconductor by 23,784.8% in the fourth quarter. Marshall Wace LLP now owns 1,716,122 shares of the semiconductor company’s stock valued at $92,928,000 after acquiring an additional 1,708,937 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in ON Semiconductor by 312.8% in the second quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock valued at $105,401,000 after acquiring an additional 1,523,866 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

ON Semiconductor News Summary

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

• Positive Sentiment: ON reported a slight Q4 EPS beat ($0.64 vs. $0.62 est.) and provided Q1 guidance (EPS range 0.560–0.660) that kept investors comfortable on near-term visibility — the beat is supporting the rally. Q4 Earnings Highs And Lows: onsemi (NASDAQ:ON) Vs The Rest Of The Analog Semiconductors Stocks
• Positive Sentiment: Institutional commentary (TCW fund write-up) and other analyst notes have framed ON as a resilient, diversified analog-power/automotive supplier — that narrative is attracting flows given ongoing demand in automotive and power-management for AI and EV applications. What Makes ON Semiconductor (ON) a Resilient Company?
• Neutral Sentiment: Street consensus remains around a “Hold”/mixed view — some analysts see upside from recovery in auto/datacenter spending, while others cite near-term softness; the average rating is not strongly bullish. ON Semiconductor Corporation (NASDAQ:ON) Given Average Rating of “Hold” by Analysts
• Negative Sentiment: Revenue is still pressured (Q4 revenue ~$1.53B, slightly below estimates and down ~11% YoY) and margins/net income remain thin — these fundamentals and a high trailing P/E increase sensitivity to any guidance cut or macro slowdown. Q4 Earnings Highs And Lows: onsemi (NASDAQ:ON) Vs The Rest Of The Analog Semiconductors Stocks

About ON Semiconductor

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.