onsemi $ON Shares Sold by PensionDanmark Pensionsforsikringsaktieselskab

Key Points

• PensionDanmark cut its onsemi stake by 57.6% in the second quarter, selling 57,540 shares and retaining 42,303 shares worth approximately $4.0 million. Institutional investors collectively own 97.7% of the company.
• onsemi exceeded second-quarter expectations with EPS of $0.74 versus $0.72 expected and revenue of $1.60 billion, up 9.2% year over year. Management guided for third-quarter EPS of $0.81–$0.93.
• Analyst sentiment remains mixed: some firms see upside from improving earnings and the company’s physical-AI and robotics strategy, while others cite weakness in automotive and industrial markets; the consensus rating is “Hold” with an average price target of $100.62.

PensionDanmark Pensionsforsikringsaktieselskab cut its stake in onsemi (NASDAQ:ON - Free Report) by 57.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,303 shares of the semiconductor company's stock after selling 57,540 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab's holdings in onsemi were worth $3,999,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Root Financial Partners LLC grew its holdings in shares of onsemi by 42.1% in the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 149 shares during the period. DV Equities LLC acquired a new stake in onsemi in the fourth quarter valued at $30,000. Darwin Wealth Management LLC purchased a new position in shares of onsemi in the second quarter valued at $32,000. Summit Securities Group LLC raised its stake in shares of onsemi by 346.3% during the 4th quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company's stock worth $32,000 after buying an additional 464 shares during the last quarter. Finally, SHP Wealth Management acquired a new position in shares of onsemi during the 4th quarter worth $32,000. Hedge funds and other institutional investors own 97.70% of the company's stock.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Optimism around onsemi’s earnings outlook supported the stock after Zacks upgraded the company to a No. 2 (Buy) ranking. The upgrade reflects expectations for improving earnings momentum following the company’s recent quarterly results. ON Semiconductor Corp. Moves to Buy
• Positive Sentiment: Investor interest is also being supported by onsemi’s strategy to become a broader physical-AI and robotics supplier, including technologies for intelligent sensing and power management. A MarketBeat analysis argued that this expansion could create a longer-term growth opportunity beyond the company’s traditional automotive exposure. The AI Chip Stock Making a Quiet Move Toward Dominance
• Positive Sentiment: Some analysts remain constructive: Citigroup set a $98 price target, while a separate analysis raised its valuation target after onsemi’s second-quarter report. The company recently exceeded quarterly EPS and revenue expectations and issued third-quarter EPS guidance of $0.81 to $0.93. onsemi Given New $98 Price Target
• Neutral Sentiment: Analyst sentiment remains mixed. TD Cowen reiterated a Hold rating with a $95 target, while Rosenblatt maintained a Neutral rating, suggesting that data-center strength is being offset by softer automotive and industrial demand. ON Semiconductor Hold Rating Reiterated
• Negative Sentiment: Several firms reduced or maintained cautious targets, including Mizuho’s cut to $110 and pessimistic outlooks from Wells Fargo, B. Riley and Needham. Analysts cited broader semiconductor-sector concerns and uneven recovery in automotive and industrial markets. Why Wall Street Cut ON Semiconductor’s Price Target

onsemi Price Performance

Shares of NASDAQ:ON opened at $81.17 on Monday. The company has a market cap of $31.60 billion, a P/E ratio of 52.03, a P/E/G ratio of 0.67 and a beta of 2.03. The business has a fifty day simple moving average of $100.70 and a 200-day simple moving average of $85.60. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51.

onsemi (NASDAQ:ON - Get Free Report) last released its earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the business posted $0.53 earnings per share. The firm's revenue for the quarter was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Equities research analysts forecast that onsemi will post 3.23 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on ON. Robert W. Baird raised their target price on shares of onsemi from $100.00 to $108.00 and gave the company a "neutral" rating in a report on Tuesday, August 4th. Rosenblatt Securities reiterated a "neutral" rating and issued a $85.00 price target on shares of onsemi in a research report on Tuesday, August 4th. Cantor Fitzgerald reissued a "neutral" rating and set a $110.00 price objective on shares of onsemi in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of onsemi in a research note on Tuesday, May 5th. Finally, Roth Capital reissued a "buy" rating on shares of onsemi in a report on Tuesday, May 5th. Fourteen research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $100.62.

onsemi 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. 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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