Teacher Retirement System of Texas Sells 9,374 Shares of ON Semiconductor Corporation $ON

Teacher Retirement System of Texas lowered its position in ON Semiconductor Corporation (NASDAQ:ON) by 14.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 54,765 shares of the semiconductor company’s stock after selling 9,374 shares during the period. Teacher Retirement System of Texas’ holdings in ON Semiconductor were worth $2,700,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ON. AQR Capital Management LLC boosted its position in ON Semiconductor by 187.9% during the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock valued at $4,863,000 after acquiring an additional 79,206 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of ON Semiconductor by 61.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 507 shares during the period. GC Wealth Management RIA LLC bought a new stake in shares of ON Semiconductor during the 2nd quarter valued at about $401,000. HB Wealth Management LLC grew its stake in ON Semiconductor by 38.8% during the second quarter. HB Wealth Management LLC now owns 10,980 shares of the semiconductor company’s stock worth $575,000 after purchasing an additional 3,071 shares during the period. Finally, Greenleaf Trust bought a new stake in ON Semiconductor in the second quarter worth approximately $284,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at ON Semiconductor

In related news, CFO Trent Thad sold 20,000 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total value of $1,101,000.00. Following the completion of the sale, the chief financial officer directly owned 379,448 shares of the company’s stock, valued at approximately $20,888,612.40. This represents a 5.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

ON has been the topic of a number of research analyst reports. Cantor Fitzgerald restated a “neutral” rating on shares of ON Semiconductor in a report on Tuesday, December 16th. Piper Sandler boosted their target price on shares of ON Semiconductor from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. BNP Paribas Exane set a $62.00 price target on shares of ON Semiconductor and gave the stock a “neutral” rating in a report on Thursday, January 22nd. Wells Fargo & Company upped their price objective on shares of ON Semiconductor from $62.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Finally, Williams Trading set a $60.00 price objective on shares of ON Semiconductor in a research report on Tuesday, November 4th. Thirteen investment analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat.com, ON Semiconductor currently has a consensus rating of “Hold” and an average price target of $61.30.

Trending Headlines about ON Semiconductor

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Recent quarterly results showed an EPS beat and management provided Q4 guidance, which supports earnings visibility — the company reported $0.63 EPS vs. $0.59 consensus and gave Q4 2025 EPS guidance of $0.57–$0.67. MarketBeat ON summary
• Positive Sentiment: Healthy balance-sheet and liquidity metrics (low debt-to-equity ~0.43, current ratio ~5.2, quick ratio ~3.5) reduce near-term financial risk and make the company better positioned to weather demand cycles. (Company financials summarized by MarketBeat.) MarketBeat ON summary
• Neutral Sentiment: Technical/context: trading volume is slightly above average and the share price remains above the 50?day and 200?day moving averages — a sign that buyers were active recently but some are now trimming positions. This suggests today’s weakness may be short-term profit-taking rather than a fresh fundamental shock.
• Negative Sentiment: Valuation sensitivity: ON’s trailing P/E is elevated (~80.8) and the stock is trading near its 12?month high, which makes it vulnerable to pullbacks when growth concerns or macro volatility surface. MarketWatch/Zacks noted the stock moved lower and underperformed the broader market today. Zacks: ON drop insight
• Negative Sentiment: Revenue softness remains a concern — recent quarter showed revenue down ~12% year?over?year even as EPS topped estimates, highlighting margin mix improvements but weaker top-line demand that could pressure forward growth and re-rate multiples.

ON Semiconductor Trading Down 4.2%

ON opened at $62.20 on Friday. ON Semiconductor Corporation has a fifty-two week low of $31.04 and a fifty-two week high of $66.86. The firm has a market capitalization of $25.03 billion, a PE ratio of 80.78, a P/E/G ratio of 2.82 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.23 and a quick ratio of 3.54. The company’s 50-day moving average is $56.51 and its 200 day moving average is $52.96.

ON Semiconductor (NASDAQ:ON) last released its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.52 billion. ON Semiconductor had a return on equity of 13.60% and a net margin of 5.16%.The company’s quarterly revenue was down 12.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 EPS. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. As a group, research analysts predict that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor declared that its board has authorized a share repurchase plan on Tuesday, November 18th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to purchase up to 32.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.