ON Semiconductor Corporation $ON Stock Position Decreased by Rathbones Group PLC

Key Points

• Rathbones Group PLC cut its ON Semiconductor stake by 19.4% in Q4, selling 22,271 shares and retaining 92,318 shares valued at about $4.999 million.
• ON beat EPS estimates ($0.64 vs. $0.62) and gave Q1 FY2026 guidance of $0.560–0.660, but revenue was down ~11% year‑over‑year and net margin remains thin (~2%), signaling top‑line pressure despite the beat.
• Insiders sold 86,114 shares during the quarter (notably the CFO sold 60,000 and the CEO 20,000) for roughly $6.09 million in total, while institutional investors hold about 97.7% of the stock.

Rathbones Group PLC cut its position in shares of ON Semiconductor Corporation (NASDAQ:ON - Free Report) by 19.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,318 shares of the semiconductor company's stock after selling 22,271 shares during the period. Rathbones Group PLC's holdings in ON Semiconductor were worth $4,999,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Cromwell Holdings LLC raised its stake in shares of ON Semiconductor by 17.4% during the 4th quarter. Cromwell Holdings LLC now owns 1,312 shares of the semiconductor company's stock worth $71,000 after purchasing an additional 194 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of ON Semiconductor by 4.9% during the 3rd quarter. Versant Capital Management Inc now owns 4,264 shares of the semiconductor company's stock worth $210,000 after purchasing an additional 201 shares in the last quarter. UMB Bank n.a. raised its stake in shares of ON Semiconductor by 4.1% during the 3rd quarter. UMB Bank n.a. now owns 5,334 shares of the semiconductor company's stock worth $263,000 after purchasing an additional 211 shares in the last quarter. NorthCrest Asset Manangement LLC raised its stake in shares of ON Semiconductor by 1.9% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 11,475 shares of the semiconductor company's stock worth $673,000 after purchasing an additional 212 shares in the last quarter. Finally, CVA Family Office LLC raised its stake in shares of ON Semiconductor by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 215 shares in the last quarter. 97.70% of the stock is owned by hedge funds and other institutional investors.

ON Semiconductor News Summary

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

• Positive Sentiment: Recent market write-ups noted ON outpaced the broader market today, citing the company’s latest quarterly beat and updated guidance as the main near-term catalysts. Why ON Semiconductor Outpaced the Market (Zacks)
• Positive Sentiment: Quarterly results: ON reported EPS above consensus ($0.64 vs. $0.62 est.), and provided Q1 FY2026 EPS guidance (0.560–0.660), which gives investors a clearer near-term outlook despite revenue headwinds. (Company/earnings release summarized in market coverage.)
• Neutral Sentiment: Balance-sheet/volume context: Liquidity metrics look healthy (quick ratio ~2.98, current ratio ~4.52, debt/equity ~0.39). Trading volume today is below the stock’s average, suggesting the move may not be broad-based participation.
• Negative Sentiment: Top-line weakness and margins: Revenue was down ~11% year-over-year and came in roughly in line with estimates, while net margin remains thin (~2.0%). Those trends pose execution and cyclical risks for semiconductor cyclicality.
• Negative Sentiment: Analyst skepticism: Wall Street Zen recently downgraded ON to a Hold, signaling some analyst caution on valuation and/or growth visibility; ON’s trailing P/E is elevated, which increases sensitivity to execution misses. Wall Street Zen Downgrades ON Semiconductor to Hold

Analyst Ratings Changes

A number of research analysts recently weighed in on ON shares. Barclays started coverage on ON Semiconductor in a research note on Thursday, February 12th. They issued an "equal weight" rating and a $75.00 price objective on the stock. Truist Financial raised their price objective on ON Semiconductor from $57.00 to $66.00 and gave the company a "hold" rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of ON Semiconductor in a research note on Tuesday, February 10th. Bank of America raised their price objective on ON Semiconductor from $60.00 to $65.00 and gave the company a "neutral" rating in a research note on Wednesday, January 21st. Finally, Stifel Nicolaus raised their price objective on ON Semiconductor from $50.00 to $60.00 and gave the company a "hold" rating in a research note on Friday, January 16th. Twelve investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, ON Semiconductor currently has a consensus rating of "Hold" and an average target price of $64.19.

ON Semiconductor Stock Up 2.1%

Shares of ON stock opened at $63.49 on Tuesday. The stock's 50 day simple moving average is $63.59 and its 200 day simple moving average is $56.73. 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 Corporation has a twelve month low of $31.04 and a twelve month high of $73.76. The company has a market capitalization of $25.02 billion, a price-to-earnings ratio of 186.74, a PEG ratio of 0.66 and a beta of 1.53.

ON Semiconductor (NASDAQ:ON - Get Free Report) last released its earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same quarter last year, the firm posted $0.95 EPS. The company's revenue was down 11.2% on a year-over-year basis. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. As a group, research analysts predict that ON Semiconductor Corporation will post 2.6 EPS for the current year.

Insider Transactions at ON Semiconductor

In other news, CFO Trent Thad sold 60,000 shares of the firm's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $71.22, for a total value of $4,273,200.00. Following the sale, the chief financial officer owned 339,460 shares in the company, valued at approximately $24,176,341.20. This trade represents a 15.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Hassane El-Khoury sold 20,000 shares of the firm's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $73.02, for a total transaction of $1,460,400.00. Following the completion of the sale, the chief executive officer owned 1,015,610 shares in the company, valued at approximately $74,159,842.20. The trade was a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 86,114 shares of company stock worth $6,092,308. Insiders own 0.31% of the company's stock.

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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