Machina Capital S.A.S. Buys New Shares in onsemi $ON

Machina Capital S.A.S. bought a new position in shares of onsemi (NASDAQ:ON) in the 3rd quarter, Holdings Channel reports. The fund bought 33,517 shares of the semiconductor company’s stock, valued at approximately $2,576,000.

Other hedge funds have also added to or reduced their stakes in the company. Provenance Wealth Advisors LLC lifted its stake in onsemi by 3,318.2% in the third quarter. Provenance Wealth Advisors LLC now owns 376 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 365 shares during the period. Ninety One UK Ltd acquired a new stake in shares of onsemi during the 3rd quarter worth approximately $36,000. Compass Financial Management LLC bought a new position in onsemi during the second quarter worth $67,000. IFP Advisors Inc boosted its stake in onsemi by 74.1% during the second quarter. IFP Advisors Inc now owns 1,327 shares of the semiconductor company’s stock worth $125,000 after acquiring an additional 565 shares in the last quarter. Finally, 71 West Capital Partners acquired a new stake in onsemi in the third quarter worth $205,000. 97.70% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ON has been the subject of several research analyst reports. TD Cowen reaffirmed a “hold” rating and issued a $75.00 price target on shares of onsemi in a research note on Tuesday, November 3rd. Susquehanna cut their price target on onsemi from $150.00 to $120.00 and set a “positive” rating on the stock in a report on Wednesday, October 21st. Seaport Research Partners assumed coverage on onsemi in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $100.00 price objective for the company. Weiss Ratings reissued a “hold (c)” rating on shares of onsemi in a research note on Wednesday, November 4th. Finally, Evercore decreased their price objective on onsemi from $137.00 to $90.00 in a report on Monday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and sixteen have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.03.

Insider Transactions at onsemi

In other onsemi news, insider Sudhir Gopalswamy sold 15,578 shares of onsemi stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the completion of the transaction, the insider owned 158,177 shares in the company, valued at approximately $12,654,160. The trade was a 8.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.35% of the company’s stock.

Recent onsemi Headlines

These are some of the ON headlines that stood out recently:

• Positive Sentiment: onsemi introduced its fourth-generation EliteSiC M4 platform, which the company says can deliver up to 30% higher power density and 35% lower losses than its predecessor. The technology targets AI data centers, EVs and energy infrastructure—markets where more efficient power conversion could support growth. Article: EliteSiC M4 launch
• Positive Sentiment: An InvestorPlace expert named onsemi a 2027 pick, citing its intelligent sensing and power products for AI data centers and other applications. The article also noted Q3 revenue growth of about 11% year over year and 175% growth in AI data-center revenue, albeit from a smaller base. Article: Expert stock picks for 2027
• Neutral Sentiment: The M4 750V automotive traction bare die is available now, while additional voltage options up to 1200V are expected in 2027, so broader product availability will take time. Article: EliteSiC M4 availability

onsemi Stock Up 5.8%

onsemi stock opened at $73.62 on Thursday. The firm has a market capitalization of $28.66 billion, a price-to-earnings ratio of 42.80, a price-to-earnings-growth ratio of 0.56 and a beta of 2.11. The firm’s fifty day moving average price is $74.08 and its two-hundred day moving average price is $82.28. onsemi has a 1-year low of $44.56 and a 1-year high of $134.92. The company has a current ratio of 3.55, a quick ratio of 2.61 and a debt-to-equity ratio of 0.49.

onsemi (NASDAQ:ON) last posted its earnings results on Monday, November 2nd. The semiconductor company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.88 by $0.02. onsemi had a net margin of 10.82% and a return on equity of 15.53%. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the previous year, the firm posted $0.63 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts predict that onsemi will post 3.27 earnings per share for the current fiscal year.

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.