ON Semiconductor Corporation $ON Shares Purchased by Mizuho Markets Cayman LP

Mizuho Markets Cayman LP boosted its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 19.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 180,721 shares of the semiconductor company’s stock after acquiring an additional 29,914 shares during the period. ON Semiconductor accounts for about 0.4% of Mizuho Markets Cayman LP’s portfolio, making the stock its 25th biggest holding. Mizuho Markets Cayman LP’s holdings in ON Semiconductor were worth $8,911,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Private Trust Co. NA lifted its position in shares of ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 220 shares during the last quarter. Quent Capital LLC purchased a new position in ON Semiconductor in the third quarter valued at $28,000. Migdal Insurance & Financial Holdings Ltd. increased its holdings in ON Semiconductor by 68.7% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 235 shares during the last quarter. Deseret Mutual Benefit Administrators raised its stake in ON Semiconductor by 62.3% in the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 218 shares in the last quarter. Finally, Rexford Capital Inc. acquired a new stake in ON Semiconductor in the second quarter valued at $31,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. UBS Group reaffirmed a “neutral” rating on shares of ON Semiconductor in a research report on Monday, February 2nd. Wells Fargo & Company boosted their target price on ON Semiconductor from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. B. Riley Financial upped their price target on ON Semiconductor from $54.00 to $58.00 and gave the company a “neutral” rating in a report on Tuesday, January 20th. Benchmark lowered shares of ON Semiconductor from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, Morgan Stanley raised their price objective on shares of ON Semiconductor from $55.00 to $56.00 and gave the stock an “equal weight” rating in a report on Monday, November 24th. Twelve equities research 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’s stock. According to MarketBeat.com, ON Semiconductor currently has a consensus rating of “Hold” and a consensus price target of $64.19.

Insider Transactions at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total transaction of $1,460,400.00. Following the transaction, the chief executive officer directly owned 1,015,610 shares in the company, valued at approximately $74,159,842.20. This trade represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Sudhir Gopalswamy sold 6,114 shares of ON Semiconductor stock in a transaction on Friday, March 13th. The shares were sold at an average price of $58.67, for a total transaction of $358,708.38. Following the completion of the transaction, the insider directly owned 173,943 shares in the company, valued at $10,205,235.81. The trade was a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 86,114 shares of company stock worth $6,092,308. Insiders own 0.31% of the company’s stock.

Trending Headlines about ON Semiconductor

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

• Positive Sentiment: Board-authorized buyback: ON’s board has authorized a large repurchase program (~$6.0B authorization reported in recent coverage), which reduces share count and is typically viewed as shareholder-friendly support for the stock. MarketBeat ON profile & recent results
• Neutral Sentiment: Quarterly results & guidance: ON reported $0.64 EPS (beat consensus by ~$0.02) with revenue roughly in line, and issued Q1 FY2026 EPS guidance of $0.560–0.660 — fundamentals that provide a near‑term valuation anchor but show year‑over‑year revenue pressure. MarketBeat ON profile & recent results
• Neutral Sentiment: Increased attention from investors: A Zacks piece notes heavy investor searches/interest in ON, which can boost intraday demand and volume as traders re‑evaluate the name. Zacks: Investors Heavily Search ON
• Negative Sentiment: Insider selling disclosed: ON insider Sudhir Gopalswamy sold 6,114 shares (filed with the SEC). While not large relative to total float, insider sales can be interpreted as a mild negative signal for sentiment. SEC filing for insider sale
• Negative Sentiment: Analyst/ratings action: A recent downgrade from at least one third‑party source to a “Hold” has been reported; downgrades can slow momentum and cap near‑term upside. American Banking News: Rating lowered to Hold

ON Semiconductor Stock Up 1.8%

ON opened at $60.98 on Wednesday. ON Semiconductor Corporation has a one year low of $31.04 and a one year high of $73.76. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. The stock has a market capitalization of $24.03 billion, a P/E ratio of 179.36, a price-to-earnings-growth ratio of 0.64 and a beta of 1.52. The business’s 50-day simple moving average is $63.65 and its 200-day simple moving average is $55.57.

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

ON Semiconductor declared that its board has initiated a share buyback program on Tuesday, November 18th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to buy up to 32.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

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.