Eurizon Capital SGR S.p.A. Takes Position in onsemi $ON

Eurizon Capital SGR S.p.A. purchased a new stake in onsemi (NASDAQ:ONFree Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 21,812 shares of the semiconductor company’s stock, valued at approximately $1,181,000.

Several other hedge funds and other institutional investors also recently modified their holdings of ON. CVA Family Office LLC increased its stake in shares of onsemi by 83.7% in the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 215 shares during the last quarter. Darwin Wealth Management LLC bought a new position in shares of onsemi in the 2nd quarter valued at $32,000. Close Asset Management Ltd bought a new position in shares of onsemi in the 3rd quarter valued at $38,000. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of onsemi by 41.4% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 816 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 239 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of onsemi in the 4th quarter valued at $47,000. Institutional investors own 97.70% of the company’s stock.

More onsemi News

Here are the key news stories impacting onsemi this week:

Insiders Place Their Bets

In other onsemi news, insider Sudhir Gopalswamy sold 6,114 shares of the company’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 sale, the insider owned 173,943 shares in the company, valued at approximately $10,205,235.81. The trade was a 3.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the sale, the chief financial officer owned 301,194 shares in the company, valued at $28,011,042. This trade represents a 9.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 66,114 shares of company stock worth $5,548,708 in the last 90 days. 0.35% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ON. B. Riley Financial upgraded onsemi from a “neutral” rating to a “buy” rating and set a $115.00 price target on the stock in a research note on Thursday, April 23rd. Truist Financial reiterated a “hold” rating and issued a $101.00 price target (up from $66.00) on shares of onsemi in a research note on Tuesday, May 5th. Benchmark lowered onsemi from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Barclays boosted their price objective on onsemi from $75.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their price objective on onsemi from $90.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, onsemi has an average rating of “Moderate Buy” and a consensus target price of $92.00.

View Our Latest Research Report on onsemi

onsemi Trading Up 6.4%

Shares of ON stock opened at $128.64 on Wednesday. The firm has a market capitalization of $50.41 billion, a P/E ratio of 91.23, a P/E/G ratio of 1.08 and a beta of 1.97. onsemi has a twelve month low of $41.88 and a twelve month high of $130.48. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41. The stock’s fifty day simple moving average is $89.67 and its 200 day simple moving average is $69.68.

onsemi (NASDAQ:ONGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.onsemi’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, sell-side analysts predict that onsemi will post 3.09 EPS for the current fiscal year.

onsemi Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for onsemi (NASDAQ:ON)

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