M&T Bank Corp Has $643,000 Holdings in onsemi $ON

M&T Bank Corp lessened its stake in onsemi (NASDAQ:ON) by 36.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,872 shares of the semiconductor company’s stock after selling 6,951 shares during the quarter. M&T Bank Corp’s holdings in onsemi were worth $643,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ON. Two Sigma Investments LP increased its stake in onsemi by 636.1% in the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock valued at $184,900,000 after buying an additional 3,240,375 shares during the period. Rafferty Asset Management LLC increased its stake in onsemi by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after buying an additional 2,072,125 shares during the period. Alliancebernstein L.P. increased its stake in onsemi by 312.8% in the 2nd quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock valued at $105,401,000 after buying an additional 1,523,866 shares during the period. Voloridge Investment Management LLC increased its stake in onsemi by 53.3% in the 3rd quarter. Voloridge Investment Management LLC now owns 3,331,427 shares of the semiconductor company’s stock valued at $164,273,000 after buying an additional 1,157,962 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in onsemi by 7.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after buying an additional 877,533 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Trent Thad sold 30,000 shares of the company’s 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 completion of the sale, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 the firm’s 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 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 disclosure for this sale is available in the SEC filing. Insiders sold 146,114 shares of company stock valued at $11,282,308 over the last ninety days. Corporate insiders own 0.35% of the company’s stock.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Expanded EV collaboration with Geely — onsemi and Geely have broadened their electric-vehicle technology partnership, reinforcing onsemi’s exposure to a major automaker and strengthening revenue visibility in the EV powertrain market. Onsemi-Geely EV tech collaboration
• Positive Sentiment: Design win in solar + energy storage — onsemi is powering Sineng Electric’s advanced solar and energy-storage solutions, highlighting traction in renewable energy and grid-edge applications that diversify end markets beyond automotive. Onsemi powers Sineng Electric
• Neutral Sentiment: Positive press on performance and long-term returns — multiple market write-ups (including a 10‑year performance piece and “laps the market” coverage) are drawing investor attention to onsemi’s run; useful for sentiment but not new fundamental guidance. 10-year return piece
• Negative Sentiment: Insider sale by CFO — a public filing shows onsemi’s CFO sold approximately $2.79M of stock on April 30; while routine sales occur, some investors view insider selling as a potential signal to take profits or add volatility. CFO Insider Sale

onsemi Stock Performance

ON stock opened at $103.05 on Friday. The company has a quick ratio of 2.98, a current ratio of 4.52 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $40.53 billion, a price-to-earnings ratio of 303.10, a P/E/G ratio of 1.02 and a beta of 1.94. onsemi has a 12 month low of $37.19 and a 12 month high of $103.32. The firm has a 50 day moving average of $69.72 and a two-hundred day moving average of $60.82.

onsemi (NASDAQ:ON) last posted its earnings results on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.62 by $0.02. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.54 billion. onsemi had a net margin of 2.02% and a return on equity of 12.22%. The company’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.95 earnings per share. onsemi has set its Q1 2026 guidance at 0.560-0.660 EPS. As a group, equities analysts anticipate that onsemi will post 2.9 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. KeyCorp upped their price objective on shares of onsemi from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. upped their price objective on shares of onsemi from $56.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Rosenblatt Securities upped their price objective on shares of onsemi from $50.00 to $60.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Mizuho dropped their price objective on shares of onsemi from $72.00 to $70.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 10th. Finally, Needham & Company LLC boosted their target price on shares of onsemi from $68.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $67.15.

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.