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: 3,254
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
51% more call options, than puts
Call options by funds: $599M | Put options by funds: $398M
21% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 67
12% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 150
0% more funds holding
Funds holding: 462 [Q4 2024] → 462 (+0) [Q1 2025]
1.15% less ownership
Funds ownership: 59.15% [Q4 2024] → 57.99% (-1.15%) [Q1 2025]
20% less capital invested
Capital invested by funds: $9.25B [Q4 2024] → $7.42B (-$1.84B) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 12 [Q4 2024] → 6 (-6) [Q1 2025]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Truist Securities Joseph Civello | 15%upside $69 | Buy Maintained | 14 May 2025 |
Evercore ISI Group Michael Binetti | 17%upside $70 | Outperform Maintained | 14 May 2025 |
Stifel Jim Duffy | 10%upside $66 | Buy Maintained | 14 May 2025 |
Barclays Adrienne Yih | 13%upside $68 | Overweight Maintained | 14 May 2025 |
Baird Jonathan Komp | 17%upside $70 | Outperform Maintained | 14 May 2025 |
Financial journalist opinion
Based on 25 articles about ONON published over the past 30 days









