onsemi $ON Holdings Raised by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in onsemi (NASDAQ:ON) by 13.3% in the first quarter, HoldingsChannel reports. The fund owned 788,484 shares of the semiconductor company’s stock after purchasing an additional 92,309 shares during the quarter. Quantinno Capital Management LP’s holdings in onsemi were worth $48,823,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in onsemi in the 4th quarter valued at about $330,885,000. Two Sigma Investments LP boosted its stake in onsemi by 636.1% in the 3rd quarter. Two Sigma Investments LP now owns 3,749,751 shares of the semiconductor company’s stock worth $184,900,000 after purchasing an additional 3,240,375 shares during the period. Rafferty Asset Management LLC grew its holdings in shares of onsemi by 55.0% during the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock valued at $305,943,000 after buying an additional 2,072,125 shares in the last quarter. Marshall Wace LLP grew its stake in onsemi by 23,784.8% during the 4th quarter. Marshall Wace LLP now owns 1,716,122 shares of the semiconductor company’s stock valued at $92,928,000 after acquiring an additional 1,708,937 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of onsemi by 312.8% in the second quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock worth $105,401,000 after purchasing an additional 1,523,866 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of onsemi in a report on Tuesday, May 5th. Citigroup lifted their target price on shares of onsemi from $100.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Truist Financial restated a “hold” rating and set a $101.00 price target (up from $66.00) on shares of onsemi in a report on Tuesday, May 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of onsemi in a research note on Friday, July 24th. Finally, Jefferies Financial Group increased their price objective on onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Fourteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $102.24.

onsemi Stock Down 6.6%

Shares of ON stock opened at $78.86 on Thursday. The stock’s 50 day simple moving average is $106.20 and its 200 day simple moving average is $84.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. onsemi has a twelve month low of $44.56 and a twelve month high of $134.92. The company has a market capitalization of $30.91 billion, a price-to-earnings ratio of 55.93, a PEG ratio of 0.93 and a beta of 2.01.

onsemi (NASDAQ:ON) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, research analysts predict that onsemi will post 3.09 EPS for the current year.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Investor commentary continues to identify onsemi as a potential beneficiary of long-term artificial-intelligence infrastructure and “physical AI” trends, including demand for power-management and sensing chips. This supports the company’s longer-term growth narrative. Why ON Semiconductor May Be the Better AI Infrastructure Stock
• Positive Sentiment: Vadzo selected onsemi’s AR0521 image sensor for a driver-monitoring system camera designed to capture both driver-facing and road-facing video in commercial fleets. The design win could provide incremental visibility for onsemi’s automotive sensing business, although financial impact was not disclosed. Vadzo Positions Onsemi AR0521 as a Driver Monitoring System Camera
• Neutral Sentiment: Analysts and investors are focused on onsemi’s upcoming second-quarter 2026 earnings report and operating metrics beyond revenue and EPS. The company previously reported quarterly revenue of $1.51 billion and EPS of $0.64, while issuing second-quarter EPS guidance of $0.65 to $0.77. Exploring Analyst Estimates for ON Semiconductor Q2 Earnings
• Negative Sentiment: onsemi was swept lower with other semiconductor stocks as investors grew more concerned about Chinese competition, elevated AI-related chip valuations and whether hyperscalers’ heavy infrastructure spending can remain sustainable. These concerns are weighing on expectations for future demand, even as recent industry results have been strong. Semiconductor Shares Plummet Amid China Competition and AI Demand Concerns

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.