10,935 Shares in ON Semiconductor Corporation $ON Purchased by Callan Family Office LLC

Callan Family Office LLC acquired a new position in ON Semiconductor Corporation (NASDAQ:ON) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,935 shares of the semiconductor company’s stock, valued at approximately $573,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ON. Moody National Bank Trust Division grew its stake in ON Semiconductor by 1.5% in the 2nd quarter. Moody National Bank Trust Division now owns 11,404 shares of the semiconductor company’s stock worth $598,000 after acquiring an additional 169 shares in the last quarter. Sowell Financial Services LLC grew its stake in ON Semiconductor by 4.1% in the 2nd quarter. Sowell Financial Services LLC now owns 5,668 shares of the semiconductor company’s stock worth $297,000 after acquiring an additional 223 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in ON Semiconductor by 2.3% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,025 shares of the semiconductor company’s stock worth $530,000 after acquiring an additional 289 shares in the last quarter. Exencial Wealth Advisors LLC grew its stake in ON Semiconductor by 5.2% in the 1st quarter. Exencial Wealth Advisors LLC now owns 6,034 shares of the semiconductor company’s stock worth $246,000 after acquiring an additional 296 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its stake in ON Semiconductor by 83.3% in 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 in the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ON shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of ON Semiconductor in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price objective on shares of ON Semiconductor from $48.00 to $56.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Stifel Nicolaus increased their price objective on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 18th. Benchmark reiterated a “buy” rating and set a $60.00 price objective (up from $50.00) on shares of ON Semiconductor in a research note on Tuesday, August 5th. Finally, UBS Group dropped their price objective on shares of ON Semiconductor from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $56.68.

Insider Activity

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the firm’s stock in a transaction 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 completion of 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 is accessible through the SEC website. Corporate insiders own 0.31% of the company’s stock.

ON Semiconductor Price Performance

Shares of ON opened at $49.54 on Wednesday. The company has a market cap of $20.26 billion, a price-to-earnings ratio of 46.30, a price-to-earnings-growth ratio of 2.50 and a beta of 1.49. ON Semiconductor Corporation has a twelve month low of $31.04 and a twelve month high of $76.06. 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 50 day moving average of $49.55 and a two-hundred day moving average of $47.92.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.01). The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. ON Semiconductor’s revenue was down 15.4% on a year-over-year basis. During the same quarter last year, the business earned $0.96 earnings per share. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. As a group, analysts predict that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal 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.