Talos Eurisko Asset Management LP Purchases New Position in ON Semiconductor Corporation $ON

Talos Eurisko Asset Management LP bought a new position in ON Semiconductor Corporation (NASDAQ:ON) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 96,900 shares of the semiconductor company’s stock, valued at approximately $4,778,000. ON Semiconductor accounts for 0.9% of Talos Eurisko Asset Management LP’s holdings, making the stock its 20th biggest holding.

Several other institutional investors have also recently made changes to their positions in the company. Private Trust Co. NA grew its holdings in ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 220 shares in the last quarter. Quent Capital LLC bought a new stake in shares of ON Semiconductor in the 3rd quarter valued at about $28,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of ON Semiconductor by 68.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 235 shares during the period. Deseret Mutual Benefit Administrators boosted its stake in shares of ON Semiconductor by 62.3% during the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 218 shares in the last quarter. Finally, Rexford Capital Inc. bought a new position in shares of ON Semiconductor during the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Insider Buying and Selling at ON Semiconductor

In other ON Semiconductor news, CFO Trent Thad sold 60,000 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00. Following the sale, the chief financial officer owned 339,460 shares of the company’s stock, valued at $24,176,341.20. This trade represents a 15.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Hassane El-Khoury sold 20,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $73.02, for a total value of $1,460,400.00. Following the transaction, the chief executive officer directly owned 1,015,610 shares of the company’s stock, valued at approximately $74,159,842.20. This represents a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.31% of the company’s stock.

ON Semiconductor Trading Down 1.4%

NASDAQ ON opened at $62.53 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. The firm has a market cap of $24.64 billion, a price-to-earnings ratio of 183.92, a PEG ratio of 0.67 and a beta of 1.52. The firm has a 50 day simple moving average of $63.07 and a 200-day simple moving average of $54.98. ON Semiconductor Corporation has a one year low of $31.04 and a one year high of $73.76.

ON Semiconductor (NASDAQ:ON) last released its earnings results on Monday, February 9th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.54 billion. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The firm’s quarterly revenue was down 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.95 EPS. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Equities research analysts anticipate that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.

ON Semiconductor declared that its board has initiated a stock buyback program on Tuesday, November 18th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 32.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

ON Semiconductor News Summary

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Q4 EPS beat and clear near‑term guidance — ON reported $0.64 EPS versus ~$0.62 consensus and gave Q1 FY2026 EPS guidance (0.560–0.660), which supports the thesis that margins remain resilient even as revenue moderates. Read More.
• Neutral Sentiment: Management surfaced at the Morgan Stanley Technology, Media & Telecom conference — the presentation/transcript increases transparency and can help reduce uncertainty, but it didn’t supply a major new catalyst or a material change to guidance. Investors may use the transcript to refine their models. Read More.
• Negative Sentiment: Top‑line weakness, modest revenue miss and stretched valuation leave the stock vulnerable to profit‑taking — quarterly revenue slipped ~11% YoY to $1.53B (versus ~$1.54B consensus), and the company’s P/E and recent run toward its 52‑week high may have amplified downside as traders reprice growth expectations. Read More.

Analyst Ratings Changes

ON has been the subject of a number of recent research reports. Needham & Company LLC boosted their price objective on shares of ON Semiconductor from $68.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. boosted their price target on ON Semiconductor from $56.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Mizuho decreased their price objective on ON Semiconductor from $72.00 to $70.00 and set an “outperform” rating for the company in a research note on Tuesday, February 10th. Weiss Ratings lowered ON Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, January 30th. Finally, KeyCorp boosted their target price on shares of ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Twelve investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $64.19.

ON Semiconductor Company Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.