ON Semiconductor Corporation (NASDAQ:ON) Given Average Rating of "Hold" by Analysts

Key Points

• ON Semiconductor Corporation has received a consensus rating of "Hold" from 26 analysts, with 14 recommending a hold and 12 a buy.
• The average 12-month target price among analysts is $56.84, reflecting varied outlooks on the company's stock performance.
• CEO Hassane El-Khoury sold 15,000 shares for approximately $768,300, which represents a 1.51% decrease in his holdings of the company.

ON Semiconductor Corporation (NASDAQ:ON - Get Free Report) has been assigned an average recommendation of "Hold" from the twenty-six brokerages that are currently covering the stock, MarketBeat Ratings reports. Fourteen analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $56.84.

Several research firms have weighed in on ON. UBS Group cut their price objective on ON Semiconductor from $55.00 to $50.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 5th. Truist Financial boosted their price objective on ON Semiconductor from $43.00 to $49.00 and gave the stock a "hold" rating in a research report on Tuesday, August 5th. TD Cowen dropped their price target on ON Semiconductor from $68.00 to $55.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Wells Fargo & Company dropped their price target on ON Semiconductor from $65.00 to $62.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 5th. Finally, The Goldman Sachs Group initiated coverage on ON Semiconductor in a research report on Thursday, July 10th. They set a "neutral" rating and a $60.00 price target on the stock.

ON Semiconductor Stock Down 0.9%

ON Semiconductor stock traded down $0.47 during trading on Monday, hitting $50.78. 4,643,172 shares of the company were exchanged, compared to its average volume of 9,865,381. The business's 50 day moving average is $54.22 and its 200 day moving average is $47.36. ON Semiconductor has a 52 week low of $31.04 and a 52 week high of $78.61. The company has a market capitalization of $20.77 billion, a P/E ratio of 47.42, a PEG ratio of 2.54 and a beta of 1.45. The company has a current ratio of 5.02, a quick ratio of 3.37 and a debt-to-equity ratio of 0.42.

ON Semiconductor (NASDAQ:ON - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.01). ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The business had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.45 billion. During the same period in the prior year, the firm posted $0.96 EPS. The firm's revenue for the quarter was down 15.4% on a year-over-year basis. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. Analysts predict that ON Semiconductor will post 2.6 earnings per share for the current year.

Insider Activity at ON Semiconductor

In other 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 owned 977,814 shares of the company's stock, valued at $50,083,633.08. This represents a 1.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ON Semiconductor

A number of institutional investors have recently added to or reduced their stakes in ON. Costello Asset Management INC bought a new position in ON Semiconductor in the 1st quarter worth about $26,000. Golden State Wealth Management LLC increased its stake in ON Semiconductor by 83.3% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 320 shares during the last quarter. Trust Co. of Toledo NA OH bought a new position in ON Semiconductor in the 2nd quarter worth about $29,000. Rexford Capital Inc. bought a new position in ON Semiconductor in the 2nd quarter worth about $31,000. Finally, Darwin Wealth Management LLC bought a new position in ON Semiconductor in the 2nd quarter worth about $32,000. 97.70% of the stock is currently owned by institutional investors.

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.