Analog Century Management LP Reduces Holdings in onsemi $ON

Analog Century Management LP decreased its position in shares of onsemi (NASDAQ:ON) by 22.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,085,296 shares of the semiconductor company’s stock after selling 322,607 shares during the period. onsemi makes up about 2.9% of Analog Century Management LP’s investment portfolio, making the stock its 20th biggest position. Analog Century Management LP’s holdings in onsemi were worth $58,769,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC increased its stake in onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after buying an additional 149 shares during the period. Deseret Mutual Benefit Administrators increased its stake in onsemi by 28.2% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock worth $39,000 after buying an additional 160 shares during the period. Parallel Advisors LLC increased its stake in onsemi by 3.3% during the 4th quarter. Parallel Advisors LLC now owns 5,847 shares of the semiconductor company’s stock worth $317,000 after buying an additional 189 shares during the period. Cromwell Holdings LLC increased its stake in onsemi by 17.4% during the 4th quarter. Cromwell Holdings LLC now owns 1,312 shares of the semiconductor company’s stock worth $71,000 after buying an additional 194 shares during the period. Finally, Westside Investment Management Inc. increased its stake in onsemi by 9.3% during the 4th quarter. Westside Investment Management Inc. now owns 2,360 shares of the semiconductor company’s stock worth $128,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Coverage of onsemi’s new GaNEXUS power portfolio and Elite Pairing Studio suggests the company is strengthening its product suite for AI, EV, and industrial power applications. Does onsemi’s New GaNEXUS Toolkit Subtly Reframe Its Long-Term Power Leadership Story (ON)?
• Positive Sentiment: onsemi was highlighted as a trending stock and included in a broader semiconductor rally, which is likely supporting near-term buying interest. ON Semiconductor Corporation (ON) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Recent market commentary noted onsemi moving with other semiconductor names as the Nasdaq bounced, pointing to sector-driven momentum rather than a new fundamental catalyst. Penguin Solutions, onsemi, and Photronics Shares Skyrocket, What You Need To Know

onsemi Price Performance

Shares of ON stock opened at $116.79 on Friday. The firm has a market cap of $45.77 billion, a P/E ratio of 82.83, a P/E/G ratio of 1.04 and a beta of 1.97. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14. onsemi has a 1-year low of $44.56 and a 1-year high of $134.92. The firm has a fifty day moving average of $100.65 and a two-hundred day moving average of $74.22.

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

Insider Activity

In other news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the transaction, the chief financial officer directly owned 301,194 shares in the company, valued at approximately $28,011,042. This trade represents a 9.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.35% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Truist Financial reaffirmed 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. Needham & Company LLC raised their price objective on shares of onsemi from $72.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. B. Riley Financial raised shares of onsemi from a “neutral” rating to a “buy” rating and set a $115.00 price objective for the company in a report on Thursday, April 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of onsemi in a report on Wednesday, April 29th. Finally, Wall Street Zen raised shares of onsemi from a “hold” rating to a “buy” rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.96.

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.