Strategic Investment Solutions Inc. IL Purchases New Holdings in ON Semiconductor Corporation $ON

Strategic Investment Solutions Inc. IL acquired a new stake in ON Semiconductor Corporation (NASDAQ:ON) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,830 shares of the semiconductor company’s stock, valued at approximately $96,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ON. Costello Asset Management INC bought a new position in ON Semiconductor in the first quarter valued at approximately $26,000. Golden State Wealth Management LLC boosted its stake in ON Semiconductor by 83.3% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 320 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in ON Semiconductor in the first quarter valued at approximately $41,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of ON Semiconductor by 69.5% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,263 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 518 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of ON Semiconductor by 61.2% during the first 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 in the last quarter. 97.70% of the stock is owned by institutional investors.

ON Semiconductor Trading Up 0.8%

ON opened at $50.16 on Friday. The company has a current ratio of 5.02, a quick ratio of 3.37 and a debt-to-equity ratio of 0.42. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $76.06. The firm’s fifty day simple moving average is $51.32 and its 200 day simple moving average is $47.43. The stock has a market capitalization of $20.51 billion, a P/E ratio of 46.88, a P/E/G ratio of 2.48 and a beta of 1.48.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.01). ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the previous year, the firm posted $0.96 earnings per share. The firm’s quarterly revenue was down 15.4% on a year-over-year basis. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. As a group, research analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

Insider Transactions at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of ON Semiconductor stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the sale, the chief executive officer directly owned 977,814 shares in the company, valued at approximately $50,083,633.08. The trade was a 1.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of ON Semiconductor in a research report on Thursday, July 10th. They set a “neutral” rating and a $60.00 price target on the stock. Roth Capital reissued a “buy” rating and set a $70.00 price target (up from $50.00) on shares of ON Semiconductor in a research report on Tuesday, June 17th. Truist Financial lifted their price target on shares of ON Semiconductor from $43.00 to $49.00 and gave the stock a “hold” rating in a research report on Tuesday, August 5th. Benchmark reissued a “buy” rating and set a $60.00 price target (up from $50.00) on shares of ON Semiconductor in a research report on Tuesday, August 5th. Finally, UBS Group cut their price objective on shares of ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $56.68.

ON Semiconductor 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.