Atwood & Palmer Inc. Boosts Holdings in ON Semiconductor Corporation $ON

Key Points

• Atwood & Palmer Inc. has increased its stake in ON Semiconductor Corporation by 4.1%, now owning approximately 300,843 shares worth about $15.77 million.
• Hedge funds and institutional investors hold a substantial 97.70% of ON Semiconductor's stock, indicating strong institutional interest.
• ON Semiconductor reported earnings of $0.53 per share for the recent quarter, missing expectations slightly, and has set Q3 2025 EPS guidance between 0.540-0.640.

Atwood & Palmer Inc. increased its stake in shares of ON Semiconductor Corporation (NASDAQ:ON - Free Report) by 4.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 300,843 shares of the semiconductor company's stock after purchasing an additional 11,787 shares during the period. Atwood & Palmer Inc. owned approximately 0.07% of ON Semiconductor worth $15,767,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in ON. Baillie Gifford & Co. purchased a new position in shares of ON Semiconductor during the 1st quarter worth approximately $219,001,000. Pacer Advisors Inc. lifted its holdings in ON Semiconductor by 2,735.5% during the 1st quarter. Pacer Advisors Inc. now owns 2,146,221 shares of the semiconductor company's stock worth $87,330,000 after buying an additional 2,070,529 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in ON Semiconductor by 26.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,061,245 shares of the semiconductor company's stock worth $203,462,000 after buying an additional 1,055,461 shares in the last quarter. Nuveen LLC acquired a new stake in ON Semiconductor during the 1st quarter worth approximately $38,548,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in ON Semiconductor by 94.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,502,700 shares of the semiconductor company's stock worth $61,145,000 after buying an additional 728,177 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company's stock.

Insider Transactions at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total transaction of $768,300.00. Following the transaction, the chief executive officer directly owned 977,814 shares of the company's stock, valued at approximately $50,083,633.08. This trade represents a 1.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.31% of the company's stock.

ON Semiconductor Price Performance

Shares of NASDAQ:ON opened at $48.26 on Monday. The company's fifty day moving average price is $52.99 and its 200 day moving average price is $47.09. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $76.06. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.02 and a quick ratio of 3.37. The firm has a market capitalization of $19.74 billion, a P/E ratio of 45.10, a P/E/G ratio of 2.40 and a beta of 1.48.

ON Semiconductor (NASDAQ:ON - Get Free Report) last announced 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 return on equity of 15.33% and a net margin of 7.28%.The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the prior year, the business earned $0.96 earnings per share. ON Semiconductor's revenue was down 15.4% compared to the same quarter last year. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. As a group, sell-side analysts predict that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ON. UBS Group reduced their price objective on shares of ON Semiconductor from $55.00 to $50.00 and set a "neutral" rating on the stock in a report on Tuesday, August 5th. Truist Financial raised their price objective on shares of ON Semiconductor from $43.00 to $49.00 and gave the company a "hold" rating in a report on Tuesday, August 5th. Wells Fargo & Company reduced their price objective on shares of ON Semiconductor from $65.00 to $62.00 and set an "overweight" rating on the stock in a report on Tuesday, August 5th. Rosenblatt Securities reduced their price objective on shares of ON Semiconductor from $55.00 to $50.00 and set a "neutral" rating on the stock in a report on Tuesday, August 5th. Finally, Needham & Company LLC raised their price objective on shares of ON Semiconductor from $50.00 to $58.00 and gave the company a "buy" rating in a report on Monday, August 4th. Twelve analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $56.68.

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.

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