ON Semiconductor (NASDAQ:ON) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of ON Semiconductor (NASDAQ:ON) from a buy rating to a hold rating in a research note issued to investors on Sunday morning.

Several other analysts have also recently weighed in on ON. UBS Group reaffirmed a “neutral” rating on shares of ON Semiconductor in a report on Monday, February 2nd. Benchmark downgraded ON Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, February 10th. Evercore reiterated an “outperform” rating on shares of ON Semiconductor in a report on Wednesday, January 7th. Finally, B. Riley Financial increased their price objective on ON Semiconductor from $54.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Twelve analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ON Semiconductor currently has an average rating of “Hold” and a consensus price target of $64.19.

ON Semiconductor Stock Up 1.5%

ON stock opened at $58.55 on Friday. The stock has a 50-day simple moving average of $63.64 and a two-hundred day simple moving average of $55.42. ON Semiconductor has a twelve month low of $31.04 and a twelve month high of $73.76. The firm has a market capitalization of $23.07 billion, a PE ratio of 172.21, a PEG ratio of 0.62 and a beta of 1.52. The company has a quick ratio of 2.98, a current ratio of 4.52 and a debt-to-equity ratio of 0.39.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings data 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. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the business posted $0.95 earnings per share. The firm’s revenue was down 11.2% compared to the same quarter last year. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, equities analysts predict that ON Semiconductor will post 2.6 EPS for the current fiscal year.

ON Semiconductor announced that its board has approved a share buyback plan on Tuesday, November 18th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 32.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at ON Semiconductor

In related news, CFO Trent Thad sold 60,000 shares of the firm’s 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 directly owned 339,460 shares of the company’s stock, valued at $24,176,341.20. This trade represents a 15.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Hassane El-Khoury sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total value of $1,460,400.00. Following the transaction, the chief executive officer 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 position. The SEC filing for this sale provides additional information. Corporate insiders own 0.31% of the company’s stock.

Hedge Funds Weigh In On ON Semiconductor

A number of hedge funds have recently bought and sold shares of ON. CVA Family Office LLC grew its position in ON Semiconductor 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 last quarter. Root Financial Partners LLC lifted its stake in shares of ON Semiconductor by 42.1% in the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after buying an additional 149 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of ON Semiconductor by 72.8% during the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 220 shares during the last quarter. DV Equities LLC purchased a new stake in shares of ON Semiconductor during the fourth quarter valued at approximately $30,000. Finally, Deseret Mutual Benefit Administrators increased its position 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 acquiring an additional 218 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

Key Headlines Impacting ON Semiconductor

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

• Positive Sentiment: Q4 results contained an earnings beat and management provided Q1 EPS guidance, which supports near-term expectations for profitability and gives a baseline for investors to model recovery. Here’s Why ON Semiconductor Corp. (ON) Fell More Than Broader Market
• Neutral Sentiment: Street coverage is mixed-to-cautious: the consensus analyst stance is around “Hold,” which limits upside from upgrades but reduces the likelihood of aggressive downgrades right away. ON Semiconductor Receives Average Recommendation of “Hold”
• Negative Sentiment: Leadership change in a core growth business — Simon Keeton’s resignation from officer roles in the Power Solutions Group — has raised execution and continuity concerns for ON’s automotive/energy-efficient power roadmap, putting pressure on the stock. Did a Key Power Unit Leadership Exit Just Shift ON Semiconductor’s (ON) Investment Narrative?
• Negative Sentiment: Underlying revenue trends are weak (quarterly revenue declined year-over-year and missed Street expectations), and several articles note the stock’s pullback since earnings — these fundamentals and investor skepticism are the main reasons for recent downside pressure. Why Is ON Semiconductor Corp. (ON) Down 11.6% Since Last Earnings Report?

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.