Fox Corporation $FOX Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in Fox Corporation (NASDAQ:FOX) by 2,459.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 413,037 shares of the company’s stock after purchasing an additional 396,900 shares during the period. SG Americas Securities LLC’s holdings in FOX were worth $26,818,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FOX. GAMMA Investing LLC raised its holdings in FOX by 11.9% in the 4th quarter. GAMMA Investing LLC now owns 12,918 shares of the company’s stock valued at $839,000 after acquiring an additional 1,377 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of FOX by 25.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 65,513 shares of the company’s stock worth $3,753,000 after purchasing an additional 13,231 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of FOX by 27.9% in the third quarter. Ameriprise Financial Inc. now owns 114,626 shares of the company’s stock valued at $6,567,000 after purchasing an additional 24,982 shares in the last quarter. California State Teachers Retirement System grew its position in shares of FOX by 3.7% in the third quarter. California State Teachers Retirement System now owns 175,174 shares of the company’s stock valued at $10,036,000 after purchasing an additional 6,275 shares in the last quarter. Finally, Brown Brothers Harriman & Co. increased its holdings in shares of FOX by 336.9% in the third quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock valued at $35,000 after purchasing an additional 475 shares during the last quarter. 26.41% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Ongoing Trump-related legal developments and document releases are generating heavy conservative interest and commentary, which typically increases Fox News viewership and ad impressions. Conservatives accuse Jack Smith of improper ties with judges in Trump cases after new document dump
• Positive Sentiment: New federal actions and criminal referrals involving high-profile political figures keep Fox’s core political audience engaged, supporting ratings and advertising demand for political programming. Trump admin makes new criminal referrals to DOJ targeting New York AG Letitia James
• Positive Sentiment: Escalating Middle East tensions — reporting that Iran may close the Strait of Hormuz — are driving sustained breaking-news coverage across cable networks; such geopolitical crises typically raise live-news viewership and related ad rates. Iran is ‘trying to give the global economy a heart attack’ by closing Strait of Hormuz, UAE minister says
• Positive Sentiment: U.S. troop movements and Marines deploying to the region add to sustained live coverage and potential ratings tailwinds for news networks. US moves airborne troops, Marines as Iran rejects ceasefire, raising potential boots on ground
• Neutral Sentiment: State-level policy stories (e.g., New Jersey law restricting masked ICE agents) are newsworthy but have limited direct corporate impact; they may appear in coverage mix without materially changing Fox’s revenue outlook. New Jersey Gov Sherrill signs law barring ICE agents from wearing face coverings to shield identities
• Neutral Sentiment: Policy stories like renewed momentum for an insulin price-cap bill are broadly important but unlikely to move Fox’s stock absent prolonged coverage that meaningfully shifts advertiser behavior or subscription trends. Bipartisan Senate bill to cap insulin for Americans at $35 has new momentum

FOX Stock Up 0.4%

FOX stock opened at $52.55 on Friday. Fox Corporation has a one year low of $43.18 and a one year high of $68.18. The firm has a market cap of $22.35 billion, a PE ratio of 12.63, a PEG ratio of 6.41 and a beta of 0.59. The firm’s 50 day moving average price is $56.22 and its 200-day moving average price is $57.83. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.44 and a current ratio of 2.78.

FOX (NASDAQ:FOX) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.31. The company had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.06 billion. FOX had a return on equity of 18.14% and a net margin of 11.41%. On average, equities research analysts anticipate that Fox Corporation will post 4.25 EPS for the current year.

FOX Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were issued a dividend of $0.28 per share. The ex-dividend date was Wednesday, March 4th. FOX’s dividend payout ratio is currently 13.46%.

Insiders Place Their Bets

In other FOX news, CEO Lachlan K. Murdoch sold 637,752 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $58.20, for a total value of $37,117,166.40. Following the transaction, the chief executive officer owned 152 shares of the company’s stock, valued at $8,846.40. This represents a 99.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO John Nallen sold 242,309 shares of the stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $57.74, for a total transaction of $13,990,921.66. Following the transaction, the chief operating officer directly owned 357,653 shares of the company’s stock, valued at approximately $20,650,884.22. This trade represents a 40.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,586,871 shares of company stock valued at $91,893,926. Company insiders own 23.06% of the company’s stock.

Analysts Set New Price Targets

FOX has been the topic of a number of analyst reports. Wells Fargo & Company downgraded FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Bank of America reaffirmed an “underperform” rating and issued a $45.00 target price (down from $80.00) on shares of FOX in a research note on Wednesday, February 25th. Guggenheim reiterated a “buy” rating and set a $85.00 price target on shares of FOX in a report on Monday, December 22nd. Zacks Research cut shares of FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, FOX currently has an average rating of “Hold” and an average target price of $75.00.

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.