AG2R LA Mondiale Gestion D Actifs Makes New Investment in ON Semiconductor Corporation $ON

Key Points

• AG2R LA Mondiale Gestion D Actifs acquired a new position in ON Semiconductor by purchasing 20,719 shares valued at approximately $871,000 in the first quarter.
• ON Semiconductor's stock has a twelve-month high of $76.06 and recently reported earnings of $0.53 per share, missing analysts' estimates by $0.01.
• Institutional investors hold 97.70% of ON Semiconductor's stock, indicating strong institutional interest in the company.

AG2R LA Mondiale Gestion D Actifs purchased a new position in shares of ON Semiconductor Corporation (NASDAQ:ON - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,719 shares of the semiconductor company's stock, valued at approximately $871,000.

Several other hedge funds also recently modified their holdings of ON. Elequin Capital LP grew its stake in ON Semiconductor by 108.3% in the 4th quarter. Elequin Capital LP now owns 527 shares of the semiconductor company's stock valued at $33,000 after buying an additional 274 shares during 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 valued at $530,000 after buying an additional 289 shares during 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 valued at $246,000 after buying an additional 296 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings 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 valued at $29,000 after purchasing an additional 320 shares during the period. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of ON Semiconductor by 4.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 10,026 shares of the semiconductor company's stock worth $408,000 after acquiring an additional 463 shares during the period. Institutional investors and hedge funds own 97.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ON shares. KGI Securities started coverage on shares of ON Semiconductor in a report on Friday, May 23rd. They set a "neutral" rating for the company. B. Riley reissued a "neutral" rating on shares of ON Semiconductor in a report on Tuesday, August 5th. Rosenblatt Securities cut their price target on shares of ON Semiconductor from $55.00 to $50.00 and set a "neutral" rating for the company in a report on Tuesday, August 5th. Stifel Nicolaus raised their price objective on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, July 18th. Finally, Bank of America lowered their price target on shares of ON Semiconductor from $56.00 to $52.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Twelve equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $56.68.

ON Semiconductor Stock Up 3.0%

ON traded up $1.45 during trading on Tuesday, reaching $49.56. The company had a trading volume of 8,167,693 shares, compared to its average volume of 6,454,197. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $76.06. The company has a market cap of $20.27 billion, a P/E ratio of 46.32, a PEG ratio of 2.39 and a beta of 1.48. The business's fifty day moving average price is $52.70 and its 200 day moving average price is $47.12. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.02 and a quick ratio of 3.37.

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

Insider Activity at ON Semiconductor

In related news, CEO Hassane El-Khoury sold 15,000 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the transaction, the chief executive officer directly owned 977,814 shares in the company, valued at approximately $50,083,633.08. This represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.31% of the company's stock.

About ON Semiconductor

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.