On HoldingONON
About: On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoes, apparel, and accessories products are designed predominantly for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and relies instead on third-party suppliers and contract manufacturers. Geographically, it derives a majority of its revenue from the Americas and rest from Europe, Middle East and Africa, and Asia-Pacific region.
Employees: 2,353
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
132% more call options, than puts
Call options by funds: $877M | Put options by funds: $378M
74% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 57
14% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 124
13% more capital invested
Capital invested by funds: $7.7B [Q2] → $8.74B (+$1.03B) [Q3]
11% more funds holding
Funds holding: 368 [Q2] → 410 (+42) [Q3]
8.7% less ownership
Funds ownership: 69.75% [Q2] → 61.05% (-8.7%) [Q3]
11% less funds holding in top 10
Funds holding in top 10: 9 [Q2] → 8 (-1) [Q3]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Citigroup Paul Lejuez 75% 1-year accuracy 24 / 32 met price target | 15%upside $65 | Neutral Initiated | 18 Dec 2024 |
Stifel Jim Duffy 64% 1-year accuracy 21 / 33 met price target | 17%upside $66 | Buy Maintained | 11 Dec 2024 |
Needham Tom Nikic 58% 1-year accuracy 26 / 45 met price target | 14%upside $64 | Buy Initiated | 22 Nov 2024 |
Telsey Advisory Group Cristina Fernandez 71% 1-year accuracy 22 / 31 met price target | 10%upside $62 | Outperform Maintained | 13 Nov 2024 |
UBS Jay Sole 69% 1-year accuracy 31 / 45 met price target | 12%upside $63 | Buy Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 9 articles about ONON published over the past 30 days
