Generali Asset Management SPA SGR Sells 27,908 Shares of ON Semiconductor Corporation $ON

Generali Asset Management SPA SGR decreased its holdings in shares of ON Semiconductor Corporation (NASDAQ:ON – Free Report) by 96.1% in the third quarter, HoldingsChannel reports. The fund owned 1,134 shares of the semiconductor company’s stock after selling 27,908 shares during the quarter. Generali Asset Management SPA SGR’s holdings in ON Semiconductor were worth $56,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. AQR Capital Management LLC grew its holdings in ON Semiconductor by 187.9% during the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company’s stock valued at $4,863,000 after purchasing an additional 79,206 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of ON Semiconductor by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 498,839 shares of the semiconductor company’s stock valued at $20,323,000 after buying an additional 20,557 shares in the last quarter. Scientech Research LLC grew its stake in shares of ON Semiconductor by 74.2% during the 1st quarter. Scientech Research LLC now owns 19,395 shares of the semiconductor company’s stock valued at $789,000 after acquiring an additional 8,259 shares during the period. UniSuper Management Pty Ltd increased its holdings in ON Semiconductor by 14.8% in the 1st quarter. UniSuper Management Pty Ltd now owns 110,163 shares of the semiconductor company’s stock worth $4,483,000 after acquiring an additional 14,186 shares in the last quarter. Finally, Voleon Capital Management LP bought a new stake in ON Semiconductor during the 1st quarter worth approximately $265,000. 97.70% of the stock is owned by institutional investors.

Insider Transactions at ON Semiconductor

In other news, CFO Trent Thad sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $55.05, for a total transaction of $1,101,000.00. Following the sale, the chief financial officer directly owned 379,448 shares of the company’s stock, valued at $20,888,612.40. This represents a 5.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is currently owned by insiders.

ON Semiconductor Stock Up 3.5%

ON opened at $58.69 on Tuesday. The company has a market capitalization of $23.62 billion, a PE ratio of 76.22, a price-to-earnings-growth ratio of 2.46 and a beta of 1.55. The firm has a 50-day simple moving average of $51.87 and a two-hundred day simple moving average of $52.15. The company has a quick ratio of 3.54, a current ratio of 5.23 and a debt-to-equity ratio of 0.43. ON Semiconductor Corporation has a 52 week low of $31.04 and a 52 week high of $67.00.

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

ON Semiconductor announced that its board has initiated a share buyback plan on Tuesday, November 18th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 32.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Trending Headlines about ON Semiconductor

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

• Positive Sentiment: Broad U.S. and Canadian market rally following developments in Venezuela lifted sentiment for cyclicals and tech names; that risk-on backdrop helped semiconductor stocks, including ON. Canadian, U.S. markets rise after raid on Venezuela as oil market comes into focus
• Positive Sentiment: Underlying company fundamentals remain supportive: ON’s most recent quarter beat EPS and revenue estimates and management provided Q4 guidance (EPS 0.570–0.670). Investors are likely re-rating the name as macro-driven market strength combines with that earnings beat to justify higher multiples.
• Neutral Sentiment: New enterprise AI and connectivity product announcements across the tech sector (e.g., Formic AI’s Boreal) are keeping investor focus on companies positioned to benefit from AI adoption; that thematic interest can lift chip suppliers broadly but is not an ON-specific catalyst. Formic AI introduces Boreal

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ON. Rosenblatt Securities reiterated a “neutral” rating and issued a $50.00 price target on shares of ON Semiconductor in a research report on Tuesday, November 4th. UBS Group upped their target price on shares of ON Semiconductor from $50.00 to $55.00 and gave the stock a “neutral” rating in a report on Monday, October 27th. Weiss Ratings reissued a “hold (c-)” rating on shares of ON Semiconductor in a report on Monday, December 29th. Cfra restated a “buy” rating and issued a $64.00 price objective on shares of ON Semiconductor in a research report on Tuesday, November 4th. Finally, Morgan Stanley increased their target price on ON Semiconductor from $55.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Monday, November 24th. Fourteen analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $59.35.

Get Our Latest Research Report on ON

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.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.

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