Senator Angus S. King Jr. (I-Maine) recently bought shares of On Holding AG NYSE: ONON. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in ON stock on July 21st.
Senator Angus S. King Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.
ON Stock Performance
ONON stock traded up $0.02 on Wednesday, hitting $45.20. The company had a trading volume of 2,774,104 shares, compared to its average volume of 8,252,243. On Holding AG has a 12-month low of $34.59 and a 12-month high of $64.05. The company has a current ratio of 2.53, a quick ratio of 2.00 and a debt-to-equity ratio of 0.31. The stock's 50-day simple moving average is $49.99 and its 200 day simple moving average is $49.85. The stock has a market cap of $28.46 billion, a price-to-earnings ratio of 100.44, a P/E/G ratio of 4.99 and a beta of 2.24.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. Raymond James Financial downgraded shares of ON from a "strong-buy" rating to an "outperform" rating and set a $66.00 price target on the stock. in a research report on Tuesday, July 22nd. Telsey Advisory Group reiterated an "outperform" rating and issued a $65.00 price target on shares of ON in a research report on Thursday, August 7th. Cowen reiterated a "buy" rating on shares of ON in a research report on Wednesday, May 14th. Evercore ISI increased their price target on shares of ON from $60.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 14th. Finally, Piper Sandler reiterated an "overweight" rating on shares of ON in a research report on Tuesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $64.20.
Read Our Latest Report on ONON
Institutional Trading of ON
Several institutional investors and hedge funds have recently modified their holdings of the company. Orion Porfolio Solutions LLC raised its position in shares of ON by 47.4% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 45,288 shares of the company's stock valued at $2,357,000 after purchasing an additional 14,572 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in shares of ON during the 2nd quarter valued at $337,000. State of Wyoming raised its position in shares of ON by 43.9% during the 2nd quarter. State of Wyoming now owns 5,715 shares of the company's stock valued at $297,000 after purchasing an additional 1,744 shares during the period. Liontrust Investment Partners LLP purchased a new position in ON during the second quarter valued at $3,217,000. Finally, Nomura Holdings Inc. grew its stake in ON by 100.0% during the second quarter. Nomura Holdings Inc. now owns 17,581 shares of the company's stock valued at $915,000 after acquiring an additional 8,790 shares in the last quarter. 36.39% of the stock is currently owned by institutional investors.
About Senator King
Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031.
King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.
ON Company Profile
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On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.
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