Hsbc Holdings PLC Lowers Position in onsemi $ON

Hsbc Holdings PLC decreased its stake in shares of onsemi (NASDAQ:ON) by 10.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 802,005 shares of the semiconductor company’s stock after selling 98,113 shares during the period. Hsbc Holdings PLC’s holdings in onsemi were worth $49,579,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of ON. Kestra Private Wealth Services LLC grew its holdings in onsemi by 2.8% during the first quarter. Kestra Private Wealth Services LLC now owns 4,554 shares of the semiconductor company’s stock worth $282,000 after buying an additional 125 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in onsemi by 1.8% during the 1st quarter. Apollon Wealth Management LLC now owns 7,130 shares of the semiconductor company’s stock valued at $441,000 after acquiring an additional 127 shares in the last quarter. Evexia Wealth LLC boosted its holdings in onsemi by 1.1% during the 1st quarter. Evexia Wealth LLC now owns 13,328 shares of the semiconductor company’s stock worth $825,000 after acquiring an additional 142 shares during the last quarter. Root Financial Partners LLC boosted its holdings in onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 149 shares during the last quarter. Finally, V Square Quantitative Management LLC grew its stake in shares of onsemi by 2.7% in the 1st quarter. V Square Quantitative Management LLC now owns 5,946 shares of the semiconductor company’s stock worth $368,000 after acquiring an additional 157 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Neutral Sentiment: MarketBeat highlighted onsemi as one of the “ugliest stocks” now attracting expensive options bets, suggesting some traders are looking for a rebound in oversold names, but this is more sentiment-driven than fundamental. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence (ON)
• Positive Sentiment: The broader article argues that institutional options activity can signal a potential rebound in oversold stocks, which could support investor interest in onsemi if sentiment toward semiconductors improves. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence (ON)

Insider Buying and Selling at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the stock in a transaction that occurred on 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 directly owned 301,194 shares of the company’s stock, valued at $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ON. Wall Street Zen upgraded shares of onsemi from a “hold” rating to a “buy” rating in a report on Monday, April 13th. TD Cowen reduced their price objective on shares of onsemi from $110.00 to $95.00 and set a “buy” rating for the company in a research report on Monday, July 13th. JPMorgan Chase & Co. increased their price objective on shares of onsemi from $70.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. B. Riley Financial lifted their target price on shares of onsemi from $118.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Finally, Stifel Nicolaus boosted their target price on onsemi from $90.00 to $107.00 and gave the stock a “hold” rating in a research note on Wednesday, June 24th. Fourteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $102.24.

onsemi Trading Down 0.8%

NASDAQ ON opened at $86.70 on Tuesday. The business’s fifty day moving average is $109.49 and its 200-day moving average is $83.17. 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 stock has a market capitalization of $33.98 billion, a price-to-earnings ratio of 61.49, a PEG ratio of 0.78 and a beta of 2.01. onsemi has a one year low of $44.56 and a one year high of $134.92.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities research analysts predict that onsemi will post 3.1 EPS for the current year.

onsemi Profile

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.