Zacks Research Downgrades FOX (NASDAQ:FOX) to Hold

FOX (NASDAQ:FOX) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other equities analysts also recently commented on the stock. Guggenheim restated a “buy” rating and issued a $85.00 price target on shares of FOX in a research note on Monday, December 22nd. UBS Group reissued a “buy” rating on shares of FOX in a research note on Friday, October 31st. Wells Fargo & Company downgraded FOX from a “strong-buy” rating to a “hold” rating in a report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of FOX in a research note on Monday, December 29th. Finally, Fox Advisors set a $97.00 target price on shares of FOX in a research note on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, FOX currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.50.

FOX Stock Performance

NASDAQ FOX opened at $58.35 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.78 and a quick ratio of 3.03. The company has a market cap of $25.90 billion, a P/E ratio of 14.03, a P/E/G ratio of 8.31 and a beta of 0.56. The stock has a 50-day moving average of $64.08 and a two-hundred day moving average of $57.86. FOX has a 1-year low of $43.18 and a 1-year high of $68.18.

FOX (NASDAQ:FOX) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.51 by $0.31. FOX had a net margin of 11.41% and a return on equity of 18.14%. The business had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.06 billion. As a group, analysts anticipate that FOX will post 4.25 EPS for the current year.

Insider Buying and Selling at FOX

In related news, Chairman Keith Rupert Murdoch sold 100,000 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $59.26, for a total value of $5,926,000.00. Following the transaction, the chairman directly owned 1,100,862 shares of the company’s stock, valued at $65,237,082.12. This trade represents a 8.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Steven Tomsic sold 138,397 shares of FOX stock in a transaction on Monday, November 10th. The stock was sold at an average price of $66.54, for a total transaction of $9,208,936.38. Following the sale, the chief financial officer owned 180,556 shares in the company, valued at $12,014,196.24. This represents a 43.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 268,294 shares of company stock worth $17,214,273 over the last three months. Insiders own 23.06% of the company’s stock.

Institutional Trading of FOX

Institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its holdings in FOX by 8.4% in the third quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the company’s stock valued at $143,000 after purchasing an additional 193 shares during the period. Yousif Capital Management LLC raised its stake in FOX by 1.5% during the fourth quarter. Yousif Capital Management LLC now owns 16,997 shares of the company’s stock worth $1,107,000 after purchasing an additional 259 shares during the period. Baird Financial Group Inc. boosted its holdings in shares of FOX by 1.1% in the 2nd quarter. Baird Financial Group Inc. now owns 31,707 shares of the company’s stock valued at $1,637,000 after purchasing an additional 343 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of FOX during the 3rd quarter valued at $26,000. Finally, Hartford Investment Management Co. grew its stake in shares of FOX by 6.3% during the 3rd quarter. Hartford Investment Management Co. now owns 7,616 shares of the company’s stock valued at $436,000 after buying an additional 451 shares during the period. Hedge funds and other institutional investors own 26.41% of the company’s stock.

FOX News Roundup

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Company declared a cash dividend of $0.28 per share (record Mar 4, pay Mar 25), which supports income-focused investors and signals management’s willingness to return capital to shareholders.
• Positive Sentiment: Coverage roundup suggests Wall Street remains moderately optimistic overall about FOX’s prospects given recent outperformance vs. the market; that helps limit downside from episodic negative headlines. Is Wall Street Bullish or Bearish on Fox Corporation Stock?
• Neutral Sentiment: Morgan Stanley maintained a Hold on FOX but raised its price target to $77, citing solid fundamentals and streaming momentum that offset structural linear-TV headwinds — a mixed analyst view that implies limited near-term upside but recognition of long-term cash generation. Fox Corporation: Solid Fundamentals and Streaming Momentum…
• Neutral Sentiment: High volume of Fox News editorial and breaking-news coverage (crime, politics, international events, sports) can sustain audience engagement and ad inventory value, but content flow is a steady-state operational factor rather than a one-off catalyst. Example coverage: Nancy Guthrie disappearance live updates. Nancy Guthrie disappearance: Live updates
• Neutral Sentiment: Note: A TipRanks entry about FOXO Technologies converting related-party debt into preferred equity refers to a different ticker (FOXO) and is not related to Fox Corporation (FOX). FOXO Technologies Converts Related-Party Debt Into Preferred Equity
• Negative Sentiment: Wells Fargo downgraded FOX from “strong-buy” to “hold,” which likely triggered some selling and contributed to weaker intraday sentiment. Wells Fargo downgrades FOX (TickerReport)
• Negative Sentiment: Structural headwinds in linear TV remain a recurring risk (rating agencies and analysts cite this), and the stock is trading below its 50‑day moving average — a technical signal that can amplify short-term downside if sentiment deteriorates.

FOX Company Profile

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.