Global Retirement Partners LLC Reduces Position in onsemi $ON

Global Retirement Partners LLC decreased its holdings in shares of onsemi (NASDAQ:ON) by 57.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,014 shares of the semiconductor company’s stock after selling 8,208 shares during the quarter. Global Retirement Partners LLC’s holdings in onsemi were worth $326,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Twin Capital Management Inc. purchased a new stake in shares of onsemi during the fourth quarter worth $585,000. Motco purchased a new stake in shares of onsemi in the fourth quarter valued at about $76,000. Leonteq Securities AG purchased a new stake in shares of onsemi in the fourth quarter valued at about $1,430,000. Banque Cantonale Vaudoise grew its holdings in shares of onsemi by 160.4% in the fourth quarter. Banque Cantonale Vaudoise now owns 34,741 shares of the semiconductor company’s stock valued at $1,881,000 after purchasing an additional 21,401 shares during the period. Finally, Covestor Ltd grew its holdings in shares of onsemi by 120.1% in the fourth quarter. Covestor Ltd now owns 1,536 shares of the semiconductor company’s stock valued at $84,000 after purchasing an additional 838 shares during the period. Hedge funds and other institutional investors own 97.70% of the company’s stock.

onsemi Trading Down 2.5%

Shares of ON stock opened at $120.62 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14. The firm has a market cap of $47.27 billion, a PE ratio of 85.55, a price-to-earnings-growth ratio of 1.10 and a beta of 1.94. The company has a 50-day moving average of $88.44 and a two-hundred day moving average of $69.03. onsemi has a 1-year low of $41.49 and a 1-year high of $129.13.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. onsemi’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, analysts predict that onsemi will post 3.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ON shares. Craig Hallum reissued a “hold” rating on shares of onsemi in a report on Tuesday, February 10th. Benchmark lowered shares of onsemi from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. JPMorgan Chase & Co. upped their price objective on shares of onsemi from $70.00 to $100.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Barclays upped their price objective on shares of onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, TD Cowen upped their price objective on shares of onsemi from $80.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, onsemi presently has an average rating of “Moderate Buy” and an average price target of $92.00.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Recent analyst coverage has stayed constructive, with Mizuho raising its price target on onsemi to $150 and maintaining an outperform rating, implying meaningful upside from current levels.
• Positive Sentiment: Several recent articles highlighted onsemi as a potential beneficiary of the AI and power-management semiconductor cycle, with commentary pointing to improving gross margins and stronger utilization from its Fab Right strategy.
• Positive Sentiment: A new leveraged ETF launch tied to onsemi also signals rising trading interest and broader speculation around the name.
• Neutral Sentiment: Onsemi’s latest earnings were solid, with revenue and EPS both slightly ahead of expectations and Q2 guidance calling for continued growth, but the report is not fresh enough to be the day’s main stock-moving event.
• Neutral Sentiment: A short-interest update showed essentially no meaningful short interest, so the move does not appear to be driven by a squeeze or bearish positioning change.
• Neutral Sentiment: Recent stock commentary from third-party outlets has been largely thematic, focusing on AI semiconductor demand rather than a new fundamental development at onsemi.

Insider Activity

In other onsemi news, CFO Trent Thad sold 30,000 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the transaction, the chief financial officer owned 301,194 shares of the company’s stock, valued at $28,011,042. This trade represents a 9.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider directly owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 66,114 shares of company stock valued at $5,548,708. 0.35% of the stock is currently owned by insiders.

About onsemi

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. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.