ON Semiconductor Corporation $ON Shares Bought by Tema Etfs LLC

13 Jan 2026, 06:52 by Renee Jackson · The Cerbat Gem

Tema Etfs LLC raised its position in shares of ON Semiconductor Corporation (NASDAQ:ON – Free Report) by 79.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,069 shares of the semiconductor company’s stock after acquiring an additional 16,811 shares during the quarter. Tema Etfs LLC’s holdings in ON Semiconductor were worth $1,877,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ON. Norges Bank purchased a new stake in shares of ON Semiconductor during the second quarter worth approximately $228,835,000. Rafferty Asset Management LLC boosted its stake in ON Semiconductor by 55.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock worth $305,943,000 after purchasing an additional 2,072,125 shares during the last quarter. M&G PLC boosted its stake in ON Semiconductor by 164.2% during the 2nd quarter. M&G PLC now owns 2,459,104 shares of the semiconductor company’s stock worth $127,873,000 after purchasing an additional 1,528,311 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of ON Semiconductor by 312.8% during the second quarter. Alliancebernstein L.P. now owns 2,011,077 shares of the semiconductor company’s stock worth $105,401,000 after buying an additional 1,523,866 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of ON Semiconductor by 7.7% in the second quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock valued at $639,716,000 after buying an additional 877,533 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

ON Semiconductor News Summary

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

Positive Sentiment: Last reported quarter beat consensus on both EPS and revenue (EPS $0.63 vs. $0.59 est.; revenue $1.55B vs. $1.52B), showing the company can still deliver earnings upside even as revenue slipped year‑over‑year. MarketBeat ON summary
Neutral Sentiment: Short‑interest data published today shows an odd/contradictory increase entry (reported as a “significant increase” but with zero shares and NaN changes). That kind of data glitch can trigger automated alerts or confusion among traders but is not a confirmed rise in genuine short selling.
Negative Sentiment: Underlying demand weakness: revenue was down ~12% year-over-year in the last quarter and EPS declined versus the prior-year period, and the company gave Q4 guidance (EPS 0.570–0.670) that may be seen as cautious. Those results + guidance pressure sentiment, especially given a high trailing P/E (~76) that leaves the stock vulnerable to re‑rating if growth concerns persist. MarketBeat ON summary

Insider Buying and Selling

In other ON Semiconductor news, CFO Trent Thad sold 20,000 shares of ON Semiconductor stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total value of $1,101,000.00. Following the sale, the chief financial officer owned 379,448 shares in the company, valued at $20,888,612.40. The trade was a 5.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.31% of the stock is owned by corporate insiders.

ON Semiconductor Stock Performance

NASDAQ:ON opened at $58.75 on Tuesday. The company’s 50-day moving average is $52.89 and its two-hundred day moving average is $52.42. ON Semiconductor Corporation has a 1-year low of $31.04 and a 1-year high of $63.63. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.23 and a quick ratio of 3.54. The firm has a market capitalization of $23.64 billion, a price-to-earnings ratio of 76.30, a PEG ratio of 2.70 and a beta of 1.55.

ON Semiconductor (NASDAQ:ON – Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.59 by $0.04. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the company earned $0.99 EPS. The business’s revenue for the quarter was down 12.0% compared to the same quarter last year. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Analysts forecast that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor declared that its board has approved a share buyback plan on Tuesday, November 18th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor company to reacquire up to 32.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ON shares. Williams Trading set a $60.00 price target on shares of ON Semiconductor in a research note on Tuesday, November 4th. TD Cowen increased their price objective on shares of ON Semiconductor from $55.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. UBS Group raised their target price on shares of ON Semiconductor from $50.00 to $55.00 and gave the stock a “neutral” rating in a research note on Monday, October 27th. Cantor Fitzgerald restated a “neutral” rating on shares of ON Semiconductor in a research report on Tuesday, December 16th. Finally, Piper Sandler increased their price target on ON Semiconductor from $60.00 to $65.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Fifteen equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $59.56.

Check Out Our Latest Report on ON Semiconductor

ON Semiconductor Profile

(Free Report)

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.