Van ECK Associates Corp Has $486.25 Million Position in onsemi $ON

Van ECK Associates Corp lifted its stake in shares of onsemi (NASDAQ:ON) by 16.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,143,343 shares of the semiconductor company’s stock after purchasing an additional 731,540 shares during the quarter. Van ECK Associates Corp owned 1.32% of onsemi worth $486,252,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Root Financial Partners LLC boosted its position in onsemi by 42.1% in the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 149 shares in the last quarter. DV Equities LLC acquired a new position in shares of onsemi during the fourth quarter worth $30,000. SHP Wealth Management acquired a new position in shares of onsemi during the fourth quarter worth $32,000. Summit Securities Group LLC lifted its stake in shares of onsemi by 346.3% in the 4th quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 464 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of onsemi in the 2nd quarter valued at $32,000. 97.70% of the stock is currently owned by institutional investors and hedge funds.

onsemi Trading Down 2.9%

Shares of ON stock opened at $72.61 on Friday. onsemi has a 1-year low of $44.56 and a 1-year high of $134.92. The company has a current ratio of 3.46, a quick ratio of 2.49 and a debt-to-equity ratio of 0.51. The stock has a market cap of $28.27 billion, a price-to-earnings ratio of 46.55, a PEG ratio of 0.61 and a beta of 2.03. The stock has a 50-day moving average of $87.66 and a 200-day moving average of $87.04.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%.The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the firm earned $0.53 earnings per share. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, equities research analysts forecast that onsemi will post 3.23 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on ON. JPMorgan Chase & Co. upped their target price on onsemi from $70.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. TD Cowen reduced their price target on onsemi from $110.00 to $95.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Needham & Company LLC lowered their price objective on onsemi from $130.00 to $116.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Sanford C. Bernstein reiterated an “outperform” rating and set a $62.00 target price on shares of onsemi in a research report on Wednesday, August 12th. Finally, Evercore reissued an “outperform” rating and set a $137.00 target price on shares of onsemi in a report on Friday, June 26th. Fifteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $97.04.

onsemi News Summary

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Comparative coverage of onsemi and STMicroelectronics highlights onsemi’s exposure to EV power semiconductors, silicon-carbide momentum, design wins and manufacturing-capacity trends. These areas could support longer-term growth if EV adoption and automotive semiconductor demand improve. STM vs. ON: Which EV Semiconductor Stock Is More Compelling?
• Neutral Sentiment: onsemi presented at the Deutsche Bank 2026 Technology Conference, giving investors an opportunity to assess management’s outlook for automotive demand, EV-related growth, silicon-carbide adoption and capacity utilization. The supplied report does not identify a new earnings revision, major contract or change to formal guidance. ON Semiconductor Corporation Presents at Deutsche Bank 2026 Technology Conference
• Negative Sentiment: The stock’s decline reflects continued investor caution despite onsemi’s latest quarterly beat, including $0.74 in adjusted EPS on $1.60 billion in revenue. Shares remain below both major moving averages, suggesting weak technical momentum and skepticism about the pace of semiconductor-cycle recovery.
• Negative Sentiment: At roughly 46.6 times earnings, onsemi still carries a growth-oriented valuation while facing cyclical automotive and industrial demand risks. Investors may require clearer evidence that EV and silicon-carbide growth can offset near-term softness before assigning the stock a higher multiple.

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.