Lbp Am Sa Has $4.92 Million Position in ON Semiconductor Corporation $ON

Key Points

• Lbp Am Sa increased its stake in ON Semiconductor Corporation by 8.1% during the 2nd quarter, bringing its total holdings to 93,959 shares worth approximately $4.92 million.
• ON Semiconductor reported earnings of $0.53 per share, missing analysts' expectations, with a revenue of $1.47 billion for the quarter, reflecting a 15.4% decline compared to the previous year.
• The company's stock currently has a consensus rating of "Hold" with analysts setting an average price target of $56.68.

Lbp Am Sa raised its stake in shares of ON Semiconductor Corporation (NASDAQ:ON - Free Report) by 8.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 93,959 shares of the semiconductor company's stock after buying an additional 7,033 shares during the quarter. Lbp Am Sa's holdings in ON Semiconductor were worth $4,924,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. lifted its stake in ON Semiconductor by 1.0% in the 1st quarter. Ameriprise Financial Inc. now owns 11,328,463 shares of the semiconductor company's stock valued at $460,958,000 after acquiring an additional 110,735 shares in the last quarter. Baillie Gifford & Co. bought a new stake in ON Semiconductor in the 1st quarter valued at approximately $219,001,000. Allspring Global Investments Holdings LLC lifted its stake in ON Semiconductor by 26.3% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,061,245 shares of the semiconductor company's stock valued at $203,462,000 after acquiring an additional 1,055,461 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in ON Semiconductor by 2.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,544,230 shares of the semiconductor company's stock valued at $103,525,000 after acquiring an additional 55,976 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its stake in ON Semiconductor by 2,735.5% in the 1st quarter. Pacer Advisors Inc. now owns 2,146,221 shares of the semiconductor company's stock valued at $87,330,000 after acquiring an additional 2,070,529 shares in the last quarter. 97.70% of the stock is currently owned by institutional investors and hedge funds.

ON Semiconductor Price Performance

Shares of ON opened at $48.35 on Thursday. ON Semiconductor Corporation has a 1 year low of $31.04 and a 1 year 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 company has a market capitalization of $19.77 billion, a price-to-earnings ratio of 45.19, a price-to-earnings-growth ratio of 2.45 and a beta of 1.49. The business has a 50-day moving average of $50.61 and a 200-day moving average of $47.57.

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

Insider Activity

In related news, CEO Hassane El-Khoury sold 15,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was 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 $50,083,633.08. This trade represents a 1.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.31% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. KeyCorp upped their price objective on ON Semiconductor from $50.00 to $65.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. TD Cowen cut their price objective on ON Semiconductor from $68.00 to $55.00 and set a "buy" rating for the company in a report on Tuesday, August 5th. Roth Capital reissued a "buy" rating and issued a $70.00 price objective (up previously from $50.00) on shares of ON Semiconductor in a report on Tuesday, June 17th. Stifel Nicolaus increased their price objective on ON Semiconductor from $42.00 to $50.00 and gave the company a "hold" rating in a report on Friday, July 18th. Finally, Susquehanna reissued a "positive" rating and issued a $65.00 price objective (down previously from $75.00) on shares of ON Semiconductor in a report on Tuesday, August 5th. Twelve 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.com, the stock currently has a consensus rating of "Hold" and an average price target of $56.68.

ON Semiconductor Company Profile

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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