Onsemi (NASDAQ:ON) Stock Holdings Lifted by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. boosted its position in shares of Onsemi (NASDAQ:ON - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 570,645 shares of the semiconductor company's stock after buying an additional 22,209 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.13% of Onsemi worth $35,979,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Westside Investment Management Inc. lifted its holdings in Onsemi by 67.9% during the third quarter. Westside Investment Management Inc. now owns 940 shares of the semiconductor company's stock valued at $68,000 after purchasing an additional 380 shares in the last quarter. World Investment Advisors LLC purchased a new position in Onsemi during the third quarter worth about $1,087,000. Wilmington Savings Fund Society FSB acquired a new position in Onsemi in the 3rd quarter valued at about $389,000. Nordea Investment Management AB grew its stake in shares of Onsemi by 25.9% in the 4th quarter. Nordea Investment Management AB now owns 402,124 shares of the semiconductor company's stock valued at $25,724,000 after buying an additional 82,614 shares during the period. Finally, Fulton Bank N.A. increased its holdings in shares of Onsemi by 61.0% during the 4th quarter. Fulton Bank N.A. now owns 4,640 shares of the semiconductor company's stock worth $293,000 after buying an additional 1,758 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company's stock.

Onsemi Stock Up 0.3 %

Onsemi stock traded up $0.11 during midday trading on Friday, hitting $40.07. 3,246,485 shares of the stock were exchanged, compared to its average volume of 7,493,298. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.06 and a quick ratio of 3.38. The company has a 50 day moving average price of $42.12 and a two-hundred day moving average price of $56.27. The firm has a market cap of $16.91 billion, a P/E ratio of 11.08, a P/E/G ratio of 16.74 and a beta of 1.48. Onsemi has a 1 year low of $31.04 and a 1 year high of $80.08.

Onsemi (NASDAQ:ON - Get Free Report) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.98 by ($0.03). Onsemi had a net margin of 22.21% and a return on equity of 20.10%. On average, sell-side analysts predict that Onsemi will post 2.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Benchmark decreased their price objective on Onsemi from $90.00 to $60.00 and set a "buy" rating on the stock in a report on Wednesday, February 12th. The Goldman Sachs Group lowered their price target on Onsemi from $77.00 to $64.00 and set a "buy" rating for the company in a report on Tuesday, February 11th. Mizuho reduced their price objective on shares of Onsemi from $71.00 to $62.00 and set an "outperform" rating on the stock in a report on Monday, March 24th. Susquehanna lowered their target price on shares of Onsemi from $70.00 to $60.00 and set a "positive" rating for the company in a research note on Tuesday, February 11th. Finally, Citigroup reduced their price target on shares of Onsemi from $52.00 to $40.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $62.24.

Onsemi Profile

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.