FOX (NASDAQ:FOX) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of FOX (NASDAQ:FOX) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks.com reports.

Several other analysts have also recently weighed in on FOX. UBS Group reaffirmed a “buy” rating on shares of FOX in a report on Friday, October 31st. Wells Fargo & Company lowered shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Fox Advisors set a $97.00 price objective on shares of FOX in a report on Tuesday, October 28th. Finally, Cfra reissued a “buy” rating and issued a $73.00 target price on shares of FOX in a research note on Monday, November 3rd. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $82.50.

FOX Stock Performance

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

FOX (NASDAQ:FOX) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.31. FOX had a net margin of 11.41% and a return on equity of 18.14%. The firm had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.06 billion. Analysts predict that FOX will post 4.25 earnings per share for the current fiscal year.

FOX Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th will be issued a $0.28 dividend. The ex-dividend date is Wednesday, March 4th. FOX’s payout ratio is currently 12.58%.

Insider Activity at FOX

In related news, insider Adam G. Ciongoli sold 29,897 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.55, for a total transaction of $2,079,336.35. Following the transaction, the insider directly owned 35,978 shares in the company, valued at $2,502,269.90. This trade represents a 45.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven Tomsic sold 138,397 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.54, for a total value of $9,208,936.38. Following the completion of the sale, the chief financial officer owned 180,556 shares of the company’s stock, valued at $12,014,196.24. The trade was a 43.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 268,294 shares of company stock worth $17,214,273 in the last ninety days. 23.06% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC purchased a new position in shares of FOX during the third quarter valued at about $26,000. Quent Capital LLC purchased a new position in shares of FOX during the 3rd quarter worth approximately $32,000. Brown Brothers Harriman & Co. raised its position in shares of FOX by 336.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock worth $35,000 after acquiring an additional 475 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of FOX in the 3rd quarter valued at approximately $74,000. Finally, First Horizon Corp bought a new stake in shares of FOX during the third quarter valued at approximately $74,000. 26.41% of the stock is currently owned by institutional investors.

Key Headlines Impacting FOX

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.

About FOX

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.