ON Semiconductor Corporation (NASDAQ:ON) Given Consensus Recommendation of “Hold” by Brokerages

ON Semiconductor Corporation (NASDAQ:ON) has earned an average rating of “Hold” from the twenty-seven brokerages that are covering the company, Marketbeat.com reports. Fifteen investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $56.68.

A number of equities analysts recently issued reports on ON shares. Wells Fargo & Company dropped their price objective on shares of ON Semiconductor from $65.00 to $62.00 and set an “overweight” rating on the stock in a report on Tuesday, August 5th. Mizuho raised their price objective on shares of ON Semiconductor from $60.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, June 26th. Susquehanna reissued a “positive” rating and issued a $65.00 price objective (down previously from $75.00) on shares of ON Semiconductor in a report on Tuesday, August 5th. Needham & Company LLC raised their price objective on shares of ON Semiconductor from $50.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, August 4th. Finally, TD Cowen dropped their price objective on shares of ON Semiconductor from $68.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th.

Insider Activity

In related news, CEO Hassane El-Khoury sold 15,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 977,814 shares of the company’s stock, valued at approximately $50,083,633.08. This trade represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.31% of the company’s stock.

Institutional Investors Weigh In On ON Semiconductor

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue raised its stake in ON Semiconductor by 39.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 139,844 shares of the semiconductor company’s stock worth $7,328,000 after acquiring an additional 39,530 shares during the period. United Services Automobile Association bought a new stake in ON Semiconductor during the 1st quarter worth approximately $401,000. Mirae Asset Global Investments Co. Ltd. raised its stake in ON Semiconductor by 7.9% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 818,390 shares of the semiconductor company’s stock worth $42,892,000 after acquiring an additional 60,050 shares during the period. Golden State Wealth Management LLC raised its stake in ON Semiconductor by 83.3% during the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 320 shares during the period. Finally, Avantax Advisory Services Inc. raised its stake in ON Semiconductor by 4.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 10,026 shares of the semiconductor company’s stock worth $408,000 after acquiring an additional 463 shares during the period. Institutional investors own 97.70% of the company’s stock.

ON Semiconductor Stock Performance

Shares of NASDAQ ON opened at $52.53 on Tuesday. The firm’s 50-day moving average price is $49.83 and its 200-day moving average price is $48.16. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. The company has a market cap of $21.48 billion, a PE ratio of 49.09, a PEG ratio of 2.61 and a beta of 1.49. ON Semiconductor has a 52-week low of $31.04 and a 52-week high of $76.06.

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 for 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 was down 15.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 EPS. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. As a group, analysts anticipate that ON Semiconductor will post 2.6 EPS 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.