Blair William & Co. IL Makes New Investment in ON Semiconductor Corporation $ON

Key Points

• Blair William & Co. IL made a new investment in ON Semiconductor by purchasing 5,266 shares valued at approximately $276,000 during the 2nd quarter.
• CEO Hassane El-Khoury sold 15,000 shares of the company at an average price of $51.22, reducing his ownership by 1.51% while still holding over 977,000 shares.
• ON Semiconductor's latest earnings report revealed an EPS of $0.53, slightly below the analyst consensus estimate of $0.54, amid a year-over-year revenue decline of 15.4%.

Blair William & Co. IL purchased a new position in ON Semiconductor Corporation (NASDAQ:ON - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,266 shares of the semiconductor company's stock, valued at approximately $276,000.

Several other institutional investors have also recently added to or reduced their stakes in ON. Exchange Traded Concepts LLC raised its stake in shares of ON Semiconductor by 57.0% in the first quarter. Exchange Traded Concepts LLC now owns 6,482 shares of the semiconductor company's stock worth $264,000 after acquiring an additional 2,353 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of ON Semiconductor by 43.2% in the first quarter. Janney Montgomery Scott LLC now owns 74,104 shares of the semiconductor company's stock worth $3,015,000 after acquiring an additional 22,351 shares during the last quarter. Sowell Financial Services LLC bought a new position in shares of ON Semiconductor in the first quarter worth about $222,000. State of Alaska Department of Revenue raised its stake in shares of ON Semiconductor by 34.6% in the first quarter. State of Alaska Department of Revenue now owns 100,314 shares of the semiconductor company's stock worth $4,081,000 after acquiring an additional 25,805 shares during the last quarter. Finally, Deltec Asset Management LLC raised its stake in shares of ON Semiconductor by 18.2% in the first quarter. Deltec Asset Management LLC now owns 118,912 shares of the semiconductor company's stock worth $4,839,000 after acquiring an additional 18,317 shares during the last quarter. 97.70% of the stock is owned by institutional investors.

Insider Buying and Selling

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

ON Semiconductor Stock Down 0.8%

Shares of NASDAQ:ON opened at $52.53 on Friday. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $76.06. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02. The company has a market capitalization of $21.48 billion, a PE ratio of 49.09, a PEG ratio of 2.61 and a beta of 1.49. The company has a 50 day moving average price of $49.83 and a two-hundred day moving average price of $48.16.

ON Semiconductor (NASDAQ:ON - Get Free Report) last issued its 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 firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the company posted $0.96 EPS. The firm's revenue for the quarter was down 15.4% on a year-over-year basis. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. Analysts forecast that ON Semiconductor Corporation will post 2.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. B. Riley reaffirmed a "neutral" rating on shares of ON Semiconductor in a research note on Tuesday, August 5th. Susquehanna reaffirmed a "positive" rating and issued a $65.00 target price (down from $75.00) on shares of ON Semiconductor in a research note on Tuesday, August 5th. Wells Fargo & Company lowered their price target on shares of ON Semiconductor from $65.00 to $62.00 and set an "overweight" rating for the company in a research report on Tuesday, August 5th. Citigroup lowered their price target on shares of ON Semiconductor from $60.00 to $54.00 and set a "neutral" rating for the company in a research report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of ON Semiconductor from $48.00 to $56.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Twelve equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price 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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