ON Semiconductor Corporation $ON Position Increased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its position in ON Semiconductor Corporation (NASDAQ:ON) by 13.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,300 shares of the semiconductor company’s stock after purchasing an additional 11,151 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in ON Semiconductor were worth $4,551,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA increased its holdings in ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after buying an additional 220 shares during the last quarter. Quent Capital LLC acquired a new position in ON Semiconductor during the third quarter valued at approximately $28,000. Migdal Insurance & Financial Holdings Ltd. grew its stake in ON Semiconductor by 68.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 235 shares during the last quarter. Deseret Mutual Benefit Administrators raised its holdings in ON Semiconductor by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 218 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new position in ON Semiconductor during the 2nd quarter worth $29,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ON has been the topic of a number of recent analyst reports. Truist Financial lifted their price objective on ON Semiconductor from $51.00 to $57.00 and gave the stock a “hold” rating in a research note on Friday, December 19th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of ON Semiconductor in a research report on Tuesday, December 16th. Rosenblatt Securities reissued a “neutral” rating and issued a $50.00 price objective on shares of ON Semiconductor in a research report on Tuesday, November 4th. Piper Sandler raised their price objective on shares of ON Semiconductor from $60.00 to $65.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Finally, UBS Group upped their target price on shares of ON Semiconductor from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Monday, October 27th. Thirteen analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $61.30.

ON Semiconductor Trading Down 4.2%

Shares of ON stock opened at $62.20 on Friday. The firm has a fifty day moving average of $56.51 and a 200-day moving average of $52.96. The stock has a market cap of $25.03 billion, a price-to-earnings ratio of 80.78, a P/E/G ratio of 2.82 and a beta of 1.55. ON Semiconductor Corporation has a 52-week low of $31.04 and a 52-week high of $66.86. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.54 and a current ratio of 5.23.

ON Semiconductor (NASDAQ:ON) last issued its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share for the quarter, beating 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 business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the business earned $0.99 EPS. The firm’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. On average, equities research analysts forecast that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

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

More ON Semiconductor News

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

• Positive Sentiment: Technical momentum: ON hit an 80-plus relative strength rating, a sign of strong recent outperformance that can attract momentum traders and institutional interest. ON Semiconductor reaches 80-plus relative strength rating benchmark
• Neutral Sentiment: Recent fundamentals: ON beat Q3 estimates and set Q4 guidance (EPS 0.570–0.670). The company trades at a premium (P/E ~80.8) with a market cap near $25B; 50?day / 200?day SMAs are ~$56.5 / $53.0 — fundamentals support the business but valuation implies high growth expectations.
• Negative Sentiment: Short-term selling and relative weakness: market reports show ON underperformed competitors today and suffered a larger intraday decline than the broader market, consistent with profit-taking or sector rotation after its run. Monitor the linked summaries for context. ON Semiconductor underperforms competitors Zacks: ON suffers a larger drop than the general market

Insider Activity

In related news, CFO Trent Thad sold 20,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 379,448 shares in the company, valued at $20,888,612.40. This trade represents a 5.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.31% of the company’s stock.

ON Semiconductor 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.