National Pension Service Acquires 750,804 Shares of onsemi $ON

National Pension Service raised its holdings in onsemi (NASDAQ:ON) by 1,862.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 791,127 shares of the semiconductor company’s stock after purchasing an additional 750,804 shares during the period. National Pension Service’s holdings in onsemi were worth $42,840,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. CVA Family Office LLC boosted its holdings in onsemi by 83.7% in the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 215 shares during the period. Darwin Wealth Management LLC bought a new stake in onsemi in the 2nd quarter valued at about $32,000. Close Asset Management Ltd bought a new stake in shares of onsemi during the 3rd quarter worth approximately $38,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of onsemi by 41.4% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 816 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 239 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of onsemi during the 4th quarter worth approximately $47,000. Institutional investors own 97.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ON shares. Truist Financial reaffirmed a “hold” rating and set a $101.00 price target (up from $66.00) on shares of onsemi in a report on Tuesday, May 5th. Wells Fargo & Company upped their price target on shares of onsemi from $90.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Susquehanna upped their price target on shares of onsemi from $100.00 to $120.00 and gave the stock a “positive” rating in a report on Tuesday, May 5th. Zacks Research raised shares of onsemi from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of onsemi from $70.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $92.00.

onsemi Price Performance

Shares of NASDAQ:ON opened at $120.62 on Monday. The company has a market cap of $47.27 billion, a price-to-earnings ratio of 85.55, a PEG ratio of 1.07 and a beta of 1.97. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14. The firm has a 50 day simple moving average of $88.44 and a 200 day simple moving average of $69.17. onsemi has a one year low of $41.49 and a one year high of $129.13.

onsemi (NASDAQ:ON) last issued its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Research analysts predict that onsemi will post 3.09 earnings per share for the current fiscal year.

Key Headlines Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Recent analyst coverage has stayed constructive, with Mizuho raising its price target on onsemi to $150 and maintaining an outperform rating, implying meaningful upside from current levels.
• Positive Sentiment: Several recent articles highlighted onsemi as a potential beneficiary of the AI and power-management semiconductor cycle, with commentary pointing to improving gross margins and stronger utilization from its Fab Right strategy.
• Positive Sentiment: A new leveraged ETF launch tied to onsemi also signals rising trading interest and broader speculation around the name.
• Neutral Sentiment: Onsemi’s latest earnings were solid, with revenue and EPS both slightly ahead of expectations and Q2 guidance calling for continued growth, but the report is not fresh enough to be the day’s main stock-moving event.
• Neutral Sentiment: A short-interest update showed essentially no meaningful short interest, so the move does not appear to be driven by a squeeze or bearish positioning change.
• Neutral Sentiment: Recent stock commentary from third-party outlets has been largely thematic, focusing on AI semiconductor demand rather than a new fundamental development at onsemi.

Insider Activity at onsemi

In related news, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.67, for a total value of $358,708.38. Following the completion of the transaction, the insider owned 173,943 shares of the company’s stock, valued at $10,205,235.81. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Trent Thad sold 30,000 shares of the 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 completion of the transaction, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. The trade was a 9.06% decrease in their position. 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. In the last three months, insiders sold 66,114 shares of company stock valued at $5,548,708. 0.35% of the stock is owned by insiders.

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.