CENTRAL TRUST Co Raises Position in onsemi $ON

CENTRAL TRUST Co grew its position in onsemi (NASDAQ:ON) by 7,756.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,856 shares of the semiconductor company’s stock after purchasing an additional 7,756 shares during the quarter. CENTRAL TRUST Co’s holdings in onsemi were worth $425,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Kornitzer Capital Management Inc. KS lifted its position in onsemi by 1.3% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 43,880 shares of the semiconductor company’s stock valued at $2,376,000 after purchasing an additional 570 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in onsemi during the fourth quarter valued at approximately $17,141,000. Horizon Investments LLC lifted its position in onsemi by 5.6% during the fourth quarter. Horizon Investments LLC now owns 6,913 shares of the semiconductor company’s stock valued at $374,000 after purchasing an additional 366 shares during the period. Danske Bank A S lifted its position in onsemi by 6.7% during the fourth quarter. Danske Bank A S now owns 227,038 shares of the semiconductor company’s stock valued at $12,294,000 after purchasing an additional 14,300 shares during the period. Finally, New York State Teachers Retirement System lifted its position in onsemi by 0.5% during the fourth quarter. New York State Teachers Retirement System now owns 309,372 shares of the semiconductor company’s stock valued at $16,752,000 after purchasing an additional 1,599 shares during the period. Institutional investors own 97.70% of the company’s stock.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Q1 beat and stronger guidance — onsemi posted Q1 non?GAAP EPS of $0.64 (above consensus) and revenue of $1.51B; management set Q2 EPS guidance of $0.65–$0.77 and revenue guidance above Street expectations, signaling recovery beyond the cyclical trough. onsemi Reports First Quarter 2026 Results
• Positive Sentiment: AI data-center lift — management and multiple analysts highlight an AI data?center inflection (company projects data?center revenue to double in 2026), which supports margin recovery and higher-volume silicon demand. Onsemi expects Q2 2026 EPS of 0.65–0.77
• Positive Sentiment: Analyst re-rates and target hikes — a wave of firms raised price targets (KeyBanc, Mizuho, Needham, Wells Fargo among them), with some turning more bullish based on the AI/EV powerstory. Upgrades are drawing fresh institutional interest. On Semiconductor Just Called the Bottom: KeyBanc Hikes Price Target
• Positive Sentiment: EV silicon carbide (SiC) momentum — coverage notes expanded EliteSiC collaborations (NIO, Geely) and stronger EV powertrain design wins, supporting long?term TAM expansion for high?voltage EV power chips. ON Semiconductor Is Up After Narrower Losses And Expanded EV SiC Deals
• Positive Sentiment: Share repurchases — the company disclosed meaningful buybacks (~$346M repurchased), which can support the stock and signal management confidence in the recovery. onsemi Reports First Quarter 2026 Results
• Neutral Sentiment: Elevated interest & volume — heavy trading and headline-driven flows (analyst notes, AI narrative) are amplifying intraday moves; that increases volatility even as fundamentals improve. onsemi Beats Q1 Sales Targets
• Negative Sentiment: Profit?taking and reaction risk — despite the beat, the stock briefly fell after hours in some sessions as investors digested whether the print fully justifies lofty expectations; momentum can reverse if guidance or execution details disappoint. ON Semiconductor Stock Drops After Earnings Beat
• Negative Sentiment: Near-term headwinds: inventory and high valuation — some reports note rising inventories and the stock now trades at a rich multiple vs. historical peers, which raises expectations for consistent execution. Why ON Semiconductor Stock Fell Despite Strong Q1
• Negative Sentiment: Insider sales — recent insider share sales are disclosed and may be read by some investors as a cautionary signal (context: executives routinely sell for tax/liquidity reasons, but it can weigh on sentiment). ON Semiconductor Q1 Earnings / Insider Activity

onsemi Stock Up 0.7%

Shares of ON stock opened at $102.77 on Wednesday. onsemi has a 12 month low of $37.19 and a 12 month high of $105.81. The stock has a market cap of $40.42 billion, a P/E ratio of 72.89, a P/E/G ratio of 1.04 and a beta of 1.94. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. The company has a 50 day simple moving average of $70.39 and a two-hundred day simple moving average of $61.34.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.57%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the prior year, the company earned $0.55 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, research analysts expect that onsemi will post 2.9 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on ON shares. Bank of America upgraded shares of onsemi from a “neutral” rating to a “buy” rating and increased their price objective for the company from $70.00 to $85.00 in a research report on Monday, April 13th. Weiss Ratings restated a “sell (d+)” rating on shares of onsemi in a research report on Wednesday, April 29th. Rosenblatt Securities increased their price objective on shares of onsemi from $60.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday. Craig Hallum restated a “hold” rating on shares of onsemi in a research report on Tuesday, February 10th. Finally, Benchmark downgraded shares of onsemi from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Fourteen 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 a consensus rating of “Hold” and a consensus target price of $85.08.

Insider Buying and Selling at onsemi

In other onsemi news, insider Sudhir Gopalswamy sold 6,114 shares of the company’s stock in a transaction that occurred 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 sale, the insider directly owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction that occurred 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 146,114 shares of company stock valued at $11,282,308. Insiders own 0.35% of the company’s stock.

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.