National Pension Service Sells 185,882 Shares of onsemi $ON

National Pension Service trimmed its stake in shares of onsemi (NASDAQ:ON) by 19.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 748,458 shares of the semiconductor company’s stock after selling 185,882 shares during the quarter. National Pension Service’s holdings in onsemi were worth $70,759,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC boosted its position in onsemi by 2.8% in the first quarter. Kestra Private Wealth Services LLC now owns 4,554 shares of the semiconductor company’s stock valued at $282,000 after buying an additional 125 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in shares of onsemi by 1.8% during the first quarter. Apollon Wealth Management LLC now owns 7,130 shares of the semiconductor company’s stock worth $441,000 after buying an additional 127 shares in the last quarter. Evexia Wealth LLC lifted its stake in shares of onsemi by 1.1% in the 1st quarter. Evexia Wealth LLC now owns 13,328 shares of the semiconductor company’s stock valued at $825,000 after acquiring an additional 142 shares during the last quarter. Root Financial Partners LLC lifted its stake in shares of onsemi by 42.1% in the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 149 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its holdings in shares of onsemi by 2.7% during the 1st quarter. V Square Quantitative Management LLC now owns 5,946 shares of the semiconductor company’s stock valued at $368,000 after acquiring an additional 157 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Investor attention is focused on onsemi’s exposure to artificial-intelligence infrastructure. Management has indicated that AI data-center revenue is its fastest-growing business and could more than double in 2026, supporting optimism about demand for the company’s power-management and semiconductor products. onsemi gains as investors look ahead to Investor Day and AI-power growth
• Positive Sentiment: onsemi’s second-quarter 2026 results were above the midpoint of guidance for revenue, gross margin and earnings per share, reinforcing confidence that operating performance is improving. The company also continues to pursue its proposed all-stock acquisition of Synaptics, a transaction intended to expand its reach into AI infrastructure, physical AI and intelligent systems. onsemi gains as investors look ahead to Investor Day and AI-power growth
• Positive Sentiment: A sector-wide semiconductor rally is providing an additional lift, suggesting that broader enthusiasm for AI-related chip demand is contributing to buying interest in ON. ON Semiconductor Jumps Amid Sector-Wide Rally
• Neutral Sentiment: Market interest in onsemi has increased, with the stock appearing among the most-searched semiconductor names. The attention may improve trading momentum, but the report does not identify a new fundamental catalyst. Investors Heavily Search ON Semiconductor Corporation
• Negative Sentiment: Recent analyst caution remains a risk. Wells Fargo previously lowered its price target, contributing to volatility and highlighting concerns about valuation and the pace of the semiconductor recovery. ON Semiconductor stock stabilizes after Wells Fargo target cut

onsemi Stock Performance

Shares of onsemi stock opened at $76.14 on Friday. The stock has a market cap of $29.64 billion, a price-to-earnings ratio of 48.81, a P/E/G ratio of 0.58 and a beta of 2.00. onsemi has a twelve month low of $44.56 and a twelve month high of $134.92. The company’s fifty day moving average is $81.59 and its 200 day moving average is $87.26. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%.onsemi’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the company earned $0.53 EPS. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Sell-side analysts forecast that onsemi will post 3.23 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ON shares. Bank of America boosted their price objective on onsemi from $115.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Mizuho dropped their target price on onsemi from $125.00 to $110.00 and set an “outperform” rating for the company in a research report on Tuesday, August 4th. Robert W. Baird lifted their price target on onsemi from $100.00 to $108.00 and gave the company a “neutral” rating in a research note on Tuesday, August 4th. UBS Group restated a “neutral” rating and set a $95.00 price target on shares of onsemi in a report on Monday, June 29th. Finally, Susquehanna upped their price objective on onsemi from $140.00 to $150.00 and gave the company a “positive” rating in a research note on Thursday, July 9th. Fifteen analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.44.

onsemi 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. 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.