Junto Capital Management LP Cuts Position in onsemi $ON

Junto Capital Management LP trimmed its holdings in shares of onsemi (NASDAQ:ON) by 60.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 483,261 shares of the semiconductor company’s stock after selling 735,987 shares during the period. Junto Capital Management LP’s holdings in onsemi were worth $45,687,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of onsemi by 187.9% in the 1st quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock valued at $4,863,000 after acquiring an additional 79,206 shares during the period. Geneos Wealth Management Inc. boosted its position in onsemi by 61.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 507 shares during the period. Brown Advisory Inc. acquired a new stake in onsemi in the 2nd quarter valued at $201,000. Cresset Asset Management LLC increased its holdings in onsemi by 24.8% in the 2nd quarter. Cresset Asset Management LLC now owns 10,137 shares of the semiconductor company’s stock valued at $531,000 after purchasing an additional 2,016 shares in the last quarter. Finally, Cerity Partners LLC raised its position in onsemi by 108.0% in the second quarter. Cerity Partners LLC now owns 31,646 shares of the semiconductor company’s stock valued at $1,659,000 after purchasing an additional 16,435 shares during the period. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ON shares. Sanford C. Bernstein reiterated an “outperform” rating and issued a $62.00 target price on shares of onsemi in a research note on Wednesday, August 12th. Needham & Company LLC decreased their price target on onsemi from $130.00 to $116.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Susquehanna increased their price objective on shares of onsemi from $140.00 to $150.00 and gave the company a “positive” rating in a research report on Thursday, July 9th. Bank of America boosted their target price on shares of onsemi from $115.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Finally, TD Cowen decreased their target price on shares of onsemi from $110.00 to $95.00 and set a “buy” rating for the company in a research note on Monday, July 13th. Fifteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, onsemi currently has a consensus rating of “Moderate Buy” and an average price target of $96.44.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi’s latest quarterly results remain a supportive backdrop: revenue increased 9.2% year over year, EPS exceeded consensus, and management provided third-quarter 2026 EPS guidance of $0.81–$0.93. However, these results were reported previously and are not a fresh catalyst today.
• Neutral Sentiment: The broader semiconductor sector has recently benefited from enthusiasm around artificial-intelligence infrastructure and advanced-chip demand, which could provide some support for onsemi’s power and automotive semiconductor businesses. Why Onto Innovation Stock Is Up Today
• Negative Sentiment: Recent market coverage highlighted onsemi’s 4.44% decline in the prior trading session, reflecting heavier selling than the broader market. The stock is also trading below its 50-day and 200-day moving averages, indicating continued technical pressure and limited near-term momentum. ON Semiconductor Falls More Steeply Than Broader Market
• Negative Sentiment: A Seeking Alpha analysis characterized the stock’s recent setup as a potential “bull trap,” raising concerns that optimism about an AI-driven portfolio refresh may not yet be translating into sustained earnings momentum. That caution may be weighing on investors following the recent selloff. ON Semiconductor’s Bull Trap Over

onsemi Trading Down 0.1%

NASDAQ:ON opened at $70.98 on Thursday. The stock has a market cap of $27.63 billion, a price-to-earnings ratio of 45.50, a price-to-earnings-growth ratio of 0.58 and a beta of 2.00. onsemi has a one year low of $44.56 and a one year high of $134.92. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46. The business’s 50-day simple moving average is $82.31 and its 200 day simple moving average is $87.33.

onsemi (NASDAQ:ON) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the firm earned $0.53 EPS. onsemi’s quarterly revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, sell-side analysts predict that onsemi will post 3.23 earnings per share for the current fiscal year.

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.