St. Louis Financial Planners Asset Management LLC Makes New $602,000 Investment in ON Semiconductor Corporation $ON

Key Points

• St. Louis Financial Planners Asset Management LLC made a new investment of approximately $602,000 in ON Semiconductor Corporation, purchasing 11,480 shares during the second quarter.
• ON Semiconductor reported earnings of $0.53 per share for the last quarter, falling short of analyst estimates, with a revenue of $1.47 billion, a decrease of 15.4% year-over-year.
• Multiple hedge funds have increased their stakes in ON Semiconductor, with institutional investors owning 97.70% of the company's stock.

St. Louis Financial Planners Asset Management LLC purchased a new position in ON Semiconductor Corporation (NASDAQ:ON - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,480 shares of the semiconductor company's stock, valued at approximately $602,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Czech National Bank boosted its stake in ON Semiconductor by 5.5% in the 2nd quarter. Czech National Bank now owns 102,145 shares of the semiconductor company's stock worth $5,353,000 after buying an additional 5,352 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in ON Semiconductor by 69.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 2,134 shares of the semiconductor company's stock worth $112,000 after buying an additional 871 shares during the last quarter. Everpar Advisors LLC acquired a new stake in ON Semiconductor in the 2nd quarter worth about $236,000. Baker Ellis Asset Management LLC lifted its stake in shares of ON Semiconductor by 5.5% in the 2nd quarter. Baker Ellis Asset Management LLC now owns 72,379 shares of the semiconductor company's stock valued at $3,793,000 after purchasing an additional 3,755 shares in the last quarter. Finally, Atwood & Palmer Inc. lifted its stake in shares of ON Semiconductor by 4.1% in the 2nd quarter. Atwood & Palmer Inc. now owns 300,843 shares of the semiconductor company's stock valued at $15,767,000 after purchasing an additional 11,787 shares in the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

ON Semiconductor Stock Down 0.3%

Shares of ON Semiconductor stock opened at $48.11 on Tuesday. The stock's fifty day moving average is $52.86 and its 200-day moving average is $47.10. The firm has a market capitalization of $19.68 billion, a PE ratio of 44.96, a price-to-earnings-growth ratio of 2.40 and a beta of 1.48. The company has a quick ratio of 3.37, a current ratio of 5.02 and a debt-to-equity ratio of 0.42. ON Semiconductor Corporation has a 12-month low of $31.04 and a 12-month high of $76.06.

ON Semiconductor (NASDAQ:ON - Get Free Report) last announced its earnings results 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 analyst estimates of $1.45 billion. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The firm's revenue for the quarter was down 15.4% on a year-over-year basis. During the same period last year, the firm earned $0.96 earnings per share. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. Equities analysts anticipate that ON Semiconductor Corporation will post 2.6 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Hassane El-Khoury sold 15,000 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total transaction of $768,300.00. Following the transaction, the chief executive officer directly owned 977,814 shares of the company's stock, valued at approximately $50,083,633.08. The trade was a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.31% of the company's stock.

Analyst Ratings Changes

ON has been the topic of several research analyst reports. Roth Capital reaffirmed a "buy" rating and issued a $70.00 price objective (up from $50.00) on shares of ON Semiconductor in a research note on Tuesday, June 17th. Benchmark reaffirmed a "buy" rating and issued a $60.00 price objective (up from $50.00) on shares of ON Semiconductor in a research note on Tuesday, August 5th. UBS Group reduced their price objective on ON Semiconductor from $55.00 to $50.00 and set a "neutral" rating on the stock in a research note on Tuesday, August 5th. B. Riley reissued a "neutral" rating on shares of ON Semiconductor in a research report on Tuesday, August 5th. Finally, Truist Financial boosted their price target on ON Semiconductor from $43.00 to $49.00 and gave the stock a "hold" rating in a research report on Tuesday, August 5th. Twelve investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company's stock. Based on data from MarketBeat.com, ON Semiconductor presently has an average rating of "Hold" and an average target price 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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