Pacer Advisors Inc. Sells 265,557 Shares of ON Semiconductor Corporation $ON

Pacer Advisors Inc. lessened its holdings in ON Semiconductor Corporation (NASDAQ:ON) by 12.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,831,207 shares of the semiconductor company’s stock after selling 265,557 shares during the period. Pacer Advisors Inc. owned approximately 0.45% of ON Semiconductor worth $90,297,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in ON. Atwood & Palmer Inc. raised its holdings in shares of ON Semiconductor by 0.5% in the 3rd quarter. Atwood & Palmer Inc. now owns 302,204 shares of the semiconductor company’s stock worth $14,902,000 after buying an additional 1,361 shares in the last quarter. Private Trust Co. NA boosted its stake in ON Semiconductor by 72.8% in the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 220 shares in the last quarter. Net Worth Advisory Group grew its position in ON Semiconductor by 38.9% in the third quarter. Net Worth Advisory Group now owns 8,287 shares of the semiconductor company’s stock valued at $409,000 after acquiring an additional 2,320 shares during the period. Patton Fund Management Inc. acquired a new position in ON Semiconductor during the third quarter worth $228,000. Finally, HBK Sorce Advisory LLC bought a new position in shares of ON Semiconductor during the third quarter valued at $298,000. 97.70% of the stock is owned by institutional investors and hedge funds.

ON Semiconductor Price Performance

Shares of ON stock opened at $55.15 on Friday. ON Semiconductor Corporation has a 1 year low of $31.04 and a 1 year high of $67.95. The company has a current ratio of 5.23, a quick ratio of 3.54 and a debt-to-equity ratio of 0.43. The firm’s 50 day moving average is $51.52 and its 200-day moving average is $52.03. The firm has a market capitalization of $22.19 billion, a price-to-earnings ratio of 71.62, a PEG ratio of 2.94 and a beta of 1.57.

ON Semiconductor (NASDAQ:ON) last posted its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.04. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the company posted $0.99 EPS. ON Semiconductor’s revenue was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Sell-side analysts forecast that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

ON Semiconductor announced that its Board of Directors has authorized a stock buyback program on Tuesday, November 18th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at ON Semiconductor

In other news, CFO Trent Thad sold 20,000 shares of the business’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the completion of the sale, the chief financial officer owned 379,448 shares in the company, valued at $20,888,612.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ON has been the subject of a number of recent analyst reports. Cantor Fitzgerald reiterated a “neutral” rating on shares of ON Semiconductor in a research report on Tuesday, December 16th. Benchmark reaffirmed a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, November 4th. Cowen reiterated a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, November 4th. Robert W. Baird boosted their target price on ON Semiconductor from $48.00 to $56.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Finally, TD Cowen raised their price target on ON Semiconductor from $55.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $59.35.

ON Semiconductor News Summary

Here are the key news stories impacting ON Semiconductor this week:

• Neutral Sentiment: Data note on short interest is confusing and non?directional — published short?interest numbers for December show an apparent increase but the reported figures are zero/NaN, making the signal unreliable; investors should treat short?interest reporting here as ambiguous until corrected.
• Neutral Sentiment: U.S. trade/policy headlines could be a mixed, longer?term headwind — reports that the U.S. will raise tariffs / tighten policy toward Chinese semiconductor chips add regulatory risk to the industry but the concrete tariff start date is distant (mid?2027), so near?term impact is uncertain. U.S. to impose new tariffs on Chinese semiconductors
• Negative Sentiment: Headline coverage flagged ON’s underperformance versus competitors on Dec. 24 — articles note ON lagged the market amid a broader rally, prompting short?term selling and investor caution. ON Semiconductor underperforms
• Negative Sentiment: Coverage saying “ON stock sinks as market gains” highlights profit?taking and relative weakness that likely drove the drop — with lighter holiday volumes, weakness can amplify moves and widen the gap vs. peers. ON stock sinks as market gains

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.