New York State Teachers Retirement System Purchases 6,186 Shares of onsemi $ON

New York State Teachers Retirement System boosted its position in shares of onsemi (NASDAQ:ON) by 2.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 315,558 shares of the semiconductor company’s stock after acquiring an additional 6,186 shares during the quarter. New York State Teachers Retirement System’s holdings in onsemi were worth $19,539,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. CVA Family Office LLC grew its stake in shares of onsemi by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 215 shares during the period. Root Financial Partners LLC increased its position in shares of onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. DV Equities LLC bought a new position in shares of onsemi in the 4th quarter worth approximately $30,000. SHP Wealth Management bought a new position in shares of onsemi in the 4th quarter worth approximately $32,000. Finally, Summit Securities Group LLC boosted its holdings in shares of onsemi by 346.3% in the fourth 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. Institutional investors own 97.70% of the company’s stock.

onsemi Stock Performance

Shares of NASDAQ:ON opened at $91.22 on Friday. The stock has a 50 day moving average of $111.39 and a 200 day moving average of $80.11. The company has a market cap of $35.75 billion, a PE ratio of 64.70, a price-to-earnings-growth ratio of 0.81 and a beta of 2.01. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41.

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

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Cantor Fitzgerald raised its price target on onsemi to $110 from $100, keeping a Neutral rating but citing the durability of the AI infrastructure semiconductor cycle. Cantor Fitzgerald Raises Price Target on ON Semiconductor Corporation (ON)
• Positive Sentiment: Investor interest in onsemi remains elevated, with Zacks noting that users have been heavily searching for the stock, often a sign of increased attention ahead of a catalyst. Investors Heavily Search ON Semiconductor Corporation (ON)
• Neutral Sentiment: Kahn Swick & Foti said it is investigating the adequacy of price and process in onsemi’s proposed acquisition of Synaptics, adding legal uncertainty around the deal. Synaptics Investor Alert: Kahn Swick & Foti Investigates Adequacy of Price and Process in Proposed Sale of Synaptics Incorporated – SYNA
• Negative Sentiment: Pomerantz separately opened an investor investigation into onsemi following the Synaptics deal announcement, which may keep pressure on sentiment until the transaction is clarified. ON Semiconductor (ON) Stock Faces Investor Investigation After Synaptics Deal

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Citigroup upped their target price on shares of onsemi from $100.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Truist Financial reiterated a “hold” rating and set a $101.00 price target (up from $66.00) on shares of onsemi in a research note on Tuesday, May 5th. Susquehanna lifted their price target on shares of onsemi from $120.00 to $140.00 and gave the stock a “positive” rating in a research note on Friday, June 26th. Needham & Company LLC boosted their price objective on shares of onsemi from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Finally, UBS Group restated a “neutral” rating and issued a $95.00 price objective on shares of onsemi in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, onsemi presently has an average rating of “Hold” and a consensus price target of $101.19.

Insider Activity at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the sale, the chief financial officer directly owned 301,194 shares in the company, valued at $28,011,042. This trade represents a 9.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by insiders.

About onsemi

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.