onsemi $ON Shares Purchased by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada increased its onsemi stake by 3,650.4% in the third quarter, acquiring 26,027 additional shares for a total holding valued at approximately $2.14 million. Institutional investors collectively own 97.7% of the company.
• Several major investors also raised their positions, while insider Sudhir Gopalswamy sold 15,578 shares for about $1.25 million under a pre-arranged Rule 10b5-1 trading plan.
• onsemi shares opened at $76.94, after the company reported quarterly EPS and revenue above expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $93.56, though TD Cowen recently lowered its target to $75.

TD Waterhouse Canada Inc. grew its holdings in shares of onsemi (NASDAQ:ON - Free Report) by 3,650.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,740 shares of the semiconductor company's stock after buying an additional 26,027 shares during the period. TD Waterhouse Canada Inc.'s holdings in onsemi were worth $2,140,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ON. Janus Henderson Group PLC increased its stake in shares of onsemi by 10.9% in the 1st quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company's stock valued at $848,392,000 after acquiring an additional 1,345,894 shares in the last quarter. Van ECK Associates Corp boosted its stake in onsemi by 16.6% during the second quarter. Van ECK Associates Corp now owns 5,143,343 shares of the semiconductor company's stock worth $486,252,000 after acquiring an additional 731,540 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in onsemi by 15.5% during the first quarter. Pictet Asset Management Holding SA now owns 4,597,886 shares of the semiconductor company's stock worth $284,495,000 after acquiring an additional 615,905 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in onsemi by 74.8% in the second quarter. Assenagon Asset Management S.A. now owns 2,807,808 shares of the semiconductor company's stock worth $265,450,000 after purchasing an additional 1,201,534 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in onsemi by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 3,442,177 shares of the semiconductor company's stock worth $212,997,000 after purchasing an additional 207,587 shares during the period. Institutional investors and hedge funds own 97.70% of the company's stock.

Insider Transactions at onsemi

In other onsemi news, insider Sudhir Gopalswamy sold 15,578 shares of the business's stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the completion of the sale, the insider directly owned 158,177 shares of the company's stock, valued at approximately $12,654,160. The trade was a 8.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.35% of the company's stock.

onsemi Stock Up 1.7%

Shares of NASDAQ ON opened at $76.94 on Thursday. The stock has a market capitalization of $29.95 billion, a P/E ratio of 49.32, a P/E/G ratio of 0.62 and a beta of 2.05. The company has a 50-day moving average price of $75.39 and a 200-day moving average price of $90.18. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49.

onsemi (NASDAQ:ON - Get Free Report) last posted its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the firm posted $0.53 earnings per share. The firm's revenue for the quarter was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, equities research analysts forecast that onsemi will post 3.21 EPS for the current fiscal year.

More onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Stifel raised its price target to $80. The target increase provides near-term support for the stock and suggests the firm sees potential upside from onsemi’s power semiconductor exposure. Stifel raises target for ON Semiconductor stock to USD 80.00
• Positive Sentiment: Investor interest remains supported by onsemi’s potential exposure to secular growth in AI data-center power systems, EVs and energy-storage infrastructure. One market commentary highlighted the possibility that these markets could provide catalysts through 2027, particularly with the shares still well below their 52-week high. One Semiconductor Stock That Could Surprise Investors in 2027
• Positive Sentiment: Vadzo Imaging validated the low-power performance of a camera using onsemi’s HyperLux LP AR0830 8-megapixel image sensor, offering a modest product-usage signal for onsemi’s embedded-vision portfolio. Vadzo Imaging Validates Low Power Performance on Falcon-830CRS
• Neutral Sentiment: A market recap reported that ON finished at $76.94 and outperformed the broader market during the latest session, but the article did not identify a new company-specific fundamental catalyst. ON Semiconductor Corp. Rises Higher Than Market
• Negative Sentiment: TD Cowen cut its price target from $95 to $75 and maintained a Hold rating. The new target is close to the current trading level, limiting the immediate upside implied by that analyst and highlighting concerns about valuation, demand conditions or the pace of recovery. TD Cowen lowers onsemi price target

Analysts Set New Price Targets

Several brokerages have recently weighed in on ON. Evercore reiterated an "outperform" rating and set a $137.00 price objective on shares of onsemi in a report on Friday, June 26th. UBS Group reissued a "neutral" rating on shares of onsemi in a research report on Thursday, September 17th. Needham & Company LLC restated a "buy" rating and issued a $116.00 target price on shares of onsemi in a research note on Friday, October 2nd. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $62.00 target price on shares of onsemi in a research report on Wednesday, August 12th. Finally, Weiss Ratings raised onsemi from a "sell (d+)" rating to a "hold (c)" rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and sixteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, onsemi currently has an average rating of "Moderate Buy" and an average price target of $93.56.

About onsemi

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. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.

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