JT Stratford LLC Makes New $1.02 Million Investment in ON Semiconductor Corporation $ON

Key Points

• JT Stratford LLC invested approximately $1.02 million in ON Semiconductor Corporation by acquiring 25,051 shares during the first quarter.
• ON Semiconductor's stock has been volatile, currently down 1.5%, with a market cap of $20.35 billion and recent earnings falling short of analysts' estimates.
• Wall Street analysts have mixed views on ON Semiconductor, with a consensus price target of $56.84 and ratings ranging from "buy" to "hold."

JT Stratford LLC acquired a new stake in ON Semiconductor Corporation (NASDAQ:ON - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 25,051 shares of the semiconductor company's stock, valued at approximately $1,019,000.

A number of other large investors have also made changes to their positions in ON. Costello Asset Management INC bought a new stake in shares of ON Semiconductor in the 1st quarter valued at $26,000. Golden State Wealth Management LLC increased its position in shares of 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 buying an additional 320 shares in the last quarter. Elequin Capital LP increased its position in shares of 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 in the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of ON Semiconductor in the 1st quarter valued at $41,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of ON Semiconductor by 69.5% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,263 shares of the semiconductor company's stock valued at $51,000 after buying an additional 518 shares in the last quarter. Institutional investors own 97.70% of the company's stock.

ON Semiconductor Stock Performance

NASDAQ ON traded up $3.04 on Friday, hitting $51.85. 9,736,609 shares of the stock were exchanged, compared to its average volume of 10,236,848. 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 business's fifty day moving average is $54.34 and its 200 day moving average is $47.34. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $78.61. The company has a market capitalization of $21.21 billion, a PE ratio of 48.46, a P/E/G ratio of 2.58 and a beta of 1.45.

ON Semiconductor (NASDAQ:ON - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share (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 firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the company posted $0.96 earnings per share. The business'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. Research analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

Insider Transactions at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of the company'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 sale, the chief executive officer directly 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.31% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ON shares. Benchmark reaffirmed a "buy" rating and issued a $60.00 price objective (up from $50.00) on shares of ON Semiconductor in a research report on Tuesday, August 5th. Bank of America reaffirmed a "neutral" rating and issued a $56.00 price objective (down from $70.00) on shares of ON Semiconductor in a research report on Tuesday, August 5th. Wells Fargo & Company cut their price objective on shares of ON Semiconductor from $65.00 to $62.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 5th. Stifel Nicolaus boosted 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, Loop Capital cut their price objective on shares of ON Semiconductor from $65.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. Twelve research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $56.84.

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.