Swiss Life Asset Management Ltd Has $2.42 Million Stock Position in onsemi $ON

Swiss Life Asset Management Ltd grew its position in onsemi (NASDAQ:ON) by 13.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,623 shares of the semiconductor company’s stock after buying an additional 5,331 shares during the period. Swiss Life Asset Management Ltd’s holdings in onsemi were worth $2,416,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CVA Family Office LLC grew its holdings in shares of 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 buying an additional 215 shares during the period. Quent Capital LLC acquired a new position in shares of onsemi in the 3rd quarter valued at $28,000. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of onsemi 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 period. Deseret Mutual Benefit Administrators grew its holdings in shares of onsemi by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 218 shares during the period. Finally, Darwin Wealth Management LLC acquired a new position in shares of onsemi in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

onsemi Trading Up 2.3%

onsemi stock opened at $118.37 on Friday. The firm has a 50-day moving average of $76.02 and a 200-day moving average of $64.06. onsemi has a one year low of $40.62 and a one year high of $119.10. 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 company has a market cap of $46.39 billion, a price-to-earnings ratio of 83.95, a P/E/G ratio of 1.03 and a beta of 1.94.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the business posted $0.55 EPS. The company’s quarterly 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, equities analysts expect that onsemi will post 3.09 earnings per share for the current fiscal year.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Cantor Fitzgerald increased its price target on onsemi (ON) to $100, suggesting analysts see room for the company’s valuation to remain elevated after strong momentum in the stock. onsemi (NASDAQ:ON) Given New $100.00 Price Target at Cantor Fitzgerald
• Positive Sentiment: Recent coverage pointed to onsemi as a trending semiconductor name, with investor interest supported by strength across the chip sector and favorable technical momentum. Here is What to Know Beyond Why ON Semiconductor Corporation (ON) is a Trending Stock
• Neutral Sentiment: Market commentary also noted that ON has been outperforming semiconductor peers during a strong trading session, reinforcing the stock’s recent relative strength. on Semiconductor Corp. stock outperforms competitors on strong trading day
• Negative Sentiment: One recent note from Insider Monkey said a fund sold ON due to continued weak results, which could temper enthusiasm if investors focus on execution risk rather than analyst optimism. Jensen Quality Mid Cap Fund Sold ON Semiconductor Corporation (ON) Due to Continued Weak Results

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Barclays upped their target price on shares of onsemi from $75.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. UBS Group reaffirmed a “neutral” rating on shares of onsemi in a research note on Monday, February 2nd. Stifel Nicolaus upped their target price on shares of onsemi from $50.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday, January 16th. Finally, Truist Financial reaffirmed a “hold” rating and issued a $101.00 target price (up from $66.00) on shares of onsemi in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, onsemi has an average rating of “Hold” and a consensus target price of $88.81.

Insider Transactions at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the stock in a transaction dated 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 in the company, valued at $28,011,042. This represents a 9.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 66,114 shares of company stock valued at $5,548,708. Company 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.