Havemeyer Place LP Invests $274,000 in onsemi $ON

Havemeyer Place LP bought a new position in shares of onsemi (NASDAQ:ON) during the fourth quarter, Holdings Channel.com reports. The firm bought 5,062 shares of the semiconductor company’s stock, valued at approximately $274,000.

Other large investors also recently modified their holdings of the company. Ameriprise Financial Inc. raised its stake in shares of onsemi by 7.7% during the second quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock worth $639,716,000 after buying an additional 877,533 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of onsemi by 8.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company’s stock worth $360,828,000 after buying an additional 474,725 shares during the last quarter. Norges Bank bought a new stake in shares of onsemi during the fourth quarter worth approximately $330,885,000. Rafferty Asset Management LLC raised its stake in shares of onsemi by 55.0% during the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock worth $305,943,000 after buying an additional 2,072,125 shares during the last quarter. Finally, Capital International Investors raised its stake in shares of onsemi by 0.5% during the third quarter. Capital International Investors now owns 4,249,967 shares of the semiconductor company’s stock worth $209,566,000 after buying an additional 22,699 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi launched GaNEXUS, a new gallium nitride power portfolio aimed at higher efficiency, greater power density, and improved thermal performance for AI data centers, robotics, industrial automation, and energy infrastructure. Article Title
• Positive Sentiment: The company also introduced Elite Pairing Studio, an online simulation tool that helps engineers optimize SiC MOSFET and gate-driver pairings, which could strengthen customer adoption and speed design wins in automotive and AI-related power systems. Article Title
• Neutral Sentiment: onsemi’s recent quarterly results were solid, with revenue of about $1.5 billion up year over year, but the stock’s near-term trading has been driven more by sector sentiment than by earnings. Article Title
• Negative Sentiment: Broader chip-sector weakness hit sentiment after macro worries and geopolitical headlines prompted investors to de-risk semiconductor names. Article Title
• Negative Sentiment: Investor caution is also being reinforced by recent insider sales and earlier financing-related concerns, which can weigh on the stock even when operational news is positive. Article Title

onsemi Trading Down 3.2%

Shares of NASDAQ ON opened at $117.00 on Wednesday. The company’s fifty day moving average is $97.39 and its 200-day moving average is $72.97. The stock has a market cap of $45.85 billion, a price-to-earnings ratio of 82.98, a P/E/G ratio of 1.08 and a beta of 1.97. onsemi has a twelve month low of $44.56 and a twelve month high of $134.92. The company has a quick ratio of 3.14, a current ratio of 4.87 and a debt-to-equity ratio of 0.41.

onsemi (NASDAQ:ON) last announced its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the firm 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 3.09 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction 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 transaction, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at $28,011,042. This trade represents a 9.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of onsemi stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider directly owned 173,943 shares in the company, valued at approximately $10,205,235.81. This represents a 3.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 66,114 shares of company stock worth $5,548,708. Insiders own 0.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ON. Morgan Stanley boosted their price target on shares of onsemi from $85.00 to $87.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. KeyCorp boosted their price target on shares of onsemi from $65.00 to $75.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Cantor Fitzgerald boosted their price target on shares of onsemi from $95.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Roth Mkm reissued a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group boosted their price target on shares of onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $92.96.

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.