Journey Advisory Group LLC Grows Stock Holdings in ON Semiconductor Corporation $ON

Journey Advisory Group LLC lifted its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,645 shares of the semiconductor company’s stock after purchasing an additional 287 shares during the period. Journey Advisory Group LLC’s holdings in ON Semiconductor were worth $401,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ON. Exchange Traded Concepts LLC lifted its position in shares of ON Semiconductor by 57.0% during the 1st quarter. Exchange Traded Concepts LLC now owns 6,482 shares of the semiconductor company’s stock worth $264,000 after purchasing an additional 2,353 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of ON Semiconductor by 43.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 74,104 shares of the semiconductor company’s stock valued at $3,015,000 after buying an additional 22,351 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of ON Semiconductor in the 1st quarter valued at $222,000. Intact Investment Management Inc. boosted its holdings in shares of ON Semiconductor by 10.6% in the 1st quarter. Intact Investment Management Inc. now owns 17,800 shares of the semiconductor company’s stock valued at $724,000 after buying an additional 1,700 shares in the last quarter. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of ON Semiconductor in the 1st quarter valued at $503,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total transaction of $768,300.00. Following the completion of the transaction, the chief executive officer directly owned 977,814 shares in the company, valued at approximately $50,083,633.08. This trade represents a 1.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

ON has been the subject of several research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of ON Semiconductor in a report on Wednesday, October 8th. Stifel Nicolaus upped their target price on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 18th. TD Cowen lowered their target price on shares of ON Semiconductor from $68.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, August 5th. Mizuho upped their target price on shares of ON Semiconductor from $60.00 to $72.00 and gave the company an “outperform” rating in a report on Thursday, June 26th. Finally, Benchmark restated a “buy” rating and issued a $60.00 target price (up previously from $50.00) on shares of ON Semiconductor in a report on Tuesday, August 5th. Twelve equities research 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, ON Semiconductor presently has a consensus rating of “Hold” and a consensus target price of $56.68.

ON Semiconductor Stock Up 4.5%

Shares of ON Semiconductor stock opened at $54.89 on Tuesday. The company has a market cap of $22.45 billion, a P/E ratio of 51.30, a PEG ratio of 2.61 and a beta of 1.49. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02. ON Semiconductor Corporation has a one year low of $31.04 and a one year high of $76.06. The firm has a fifty day moving average of $49.98 and a two-hundred day moving average of $48.40.

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

ON Semiconductor Company 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.