ON Semiconductor Corporation $ON Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its position in ON Semiconductor Corporation (NASDAQ:ON - Free Report) by 38.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,981,981 shares of the semiconductor company's stock after acquiring an additional 1,112,774 shares during the period. Pictet Asset Management Holding SA owned approximately 0.99% of ON Semiconductor worth $215,624,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ON. Private Trust Co. NA grew its holdings in shares of ON Semiconductor by 72.8% in the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 220 shares during the period. CVA Family Office LLC grew its holdings in shares of ON Semiconductor by 83.7% in the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 215 shares during the period. Quent Capital LLC acquired a new stake in shares of ON Semiconductor in the 3rd quarter worth approximately $28,000. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of ON Semiconductor by 68.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 235 shares during the period. Finally, Deseret Mutual Benefit Administrators grew its holdings in shares of ON Semiconductor by 62.3% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 97.70% of the company's stock.

Insiders Place Their Bets

In other ON Semiconductor news, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.67, for a total transaction of $358,708.38. Following the transaction, the insider owned 173,943 shares of the company's stock, valued at $10,205,235.81. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Trent Thad sold 60,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00. Following the transaction, the chief financial officer directly owned 339,460 shares in the company, valued at approximately $24,176,341.20. This represents a 15.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 146,114 shares of company stock valued at $11,282,308 in the last quarter. 0.35% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ON has been the topic of a number of research reports. Wall Street Zen upgraded ON Semiconductor from a "hold" rating to a "buy" rating in a report on Monday, April 13th. Rosenblatt Securities upped their price target on ON Semiconductor from $50.00 to $60.00 and gave the stock a "neutral" rating in a report on Tuesday, February 10th. Evercore restated an "outperform" rating on shares of ON Semiconductor in a report on Wednesday, January 7th. Wells Fargo & Company upped their price target on ON Semiconductor from $70.00 to $72.00 and gave the stock an "overweight" rating in a report on Tuesday, February 10th. Finally, Barclays initiated coverage on ON Semiconductor in a report on Thursday, February 12th. They issued an "equal weight" rating and a $75.00 price target on the stock. Fourteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $67.15.

ON Semiconductor News Summary

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Expanded strategic collaboration with NIO to support next‑generation 900V EV platforms using onsemi’s EliteSiC power technology — a direct demand catalyst for high‑voltage SiC power devices, with NIO models (including the ES9) to be showcased at the Beijing Auto Show. onsemi and NIO Expand Strategic Collaboration
• Positive Sentiment: Sector tailwind: coverage highlights a rally in industrial/automotive chips driven by AI and EV electrification — supports a multi‑year demand story for onsemi’s power and sensing products. Industrial Chips Are in Rally Mode—5 Ways to Play
• Neutral Sentiment: Analyst frames and institutional flows are mixed: several price targets published in recent months sit below the current market level, and quarter‑end portfolio moves show both sizable adds and reductions — this suggests upside is contingent on execution and continued demand visibility. Quiver Quant: onsemi Expands Collaboration
• Negative Sentiment: Insider selling: CFO Trent Thad sold 30,000 shares on April 23 under a pre‑arranged 10b5‑1 plan (SEC filing). Quiver data also shows recent insider sell activity — which can prompt short‑term profit‑taking or feed perception of reduced insider conviction despite the company’s commercial wins. SEC filing: Trent Thad sale

ON Semiconductor Price Performance

ON stock opened at $98.04 on Tuesday. ON Semiconductor Corporation has a 1 year low of $37.19 and a 1 year high of $100.30. The firm has a market cap of $38.56 billion, a P/E ratio of 288.36, a PEG ratio of 0.99 and a beta of 1.53. The stock's 50 day moving average price is $68.07 and its 200 day moving average price is $59.93. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52.

ON Semiconductor (NASDAQ:ON - Get Free Report) last issued its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the prior year, the company posted $0.95 EPS. The business's revenue for the quarter was down 11.2% compared to the same quarter last year. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, sell-side analysts expect that ON Semiconductor Corporation will post 2.93 earnings per share for the current fiscal year.

ON Semiconductor Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.

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