Quantinno Capital Management LP raised its holdings in shares of Fox Factory Holding Corp. (NASDAQ:FOXF – Free Report) by 216.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,635 shares of the company’s stock after purchasing an additional 111,976 shares during the quarter. Quantinno Capital Management LP’s holdings in Fox Factory were worth $2,693,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in FOXF. Hantz Financial Services Inc. lifted its stake in shares of Fox Factory by 188.1% in the fourth quarter. Hantz Financial Services Inc. now owns 2,057 shares of the company’s stock valued at $35,000 after buying an additional 1,343 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Fox Factory by 108.3% during the fourth quarter. Farther Finance Advisors LLC now owns 2,075 shares of the company’s stock worth $36,000 after acquiring an additional 1,079 shares in the last quarter. Covestor Ltd raised its holdings in shares of Fox Factory by 693.3% in the 4th quarter. Covestor Ltd now owns 2,943 shares of the company’s stock worth $50,000 after acquiring an additional 2,572 shares during the last quarter. Resona Asset Management Co. Ltd. raised its holdings in shares of Fox Factory by 33.3% in the 4th quarter. Resona Asset Management Co. Ltd. now owns 4,142 shares of the company’s stock worth $73,000 after acquiring an additional 1,035 shares during the last quarter. Finally, OP Asset Management Ltd bought a new position in Fox Factory in the 1st quarter valued at about $91,000.
Key Headlines Impacting Fox Factory
Here are the key news stories impacting Fox Factory this week:
- Positive Sentiment: Fox Factory reported second-quarter fiscal 2026 adjusted earnings of $0.37 per share, well above the $0.16–$0.18 analyst consensus, while revenue of $358.1 million also surpassed estimates of approximately $352.9 million. Fox Factory Reports Second Quarter Fiscal 2026 Financial Results
- Positive Sentiment: Management projected third-quarter revenue of $355 million to $380 million, above the roughly $345.1 million consensus estimate, signaling expectations for sequential improvement. Fox Factory Third-Quarter Revenue Forecast
- Positive Sentiment: The company outlined 2026 sales expectations of approximately $1.42 billion to $1.47 billion and reaffirmed its goal of achieving $50 million in cost savings. The savings plan could support margins and profitability if successfully implemented. Fox Factory 2026 Sales Outlook and Cost Savings Goal
- Neutral Sentiment: Brokerages maintained a consensus “Hold” recommendation, suggesting analysts see a balanced risk-reward profile despite the earnings and guidance beats. Fox Factory Receives Consensus Hold Recommendation
- Negative Sentiment: Second-quarter revenue declined 4.5% year over year, and EPS fell from $0.40 in the prior-year period to $0.37. Fox Factory also reported a negative net margin, highlighting continued profitability pressure despite the quarterly beat. Fox Factory Beats Second-Quarter Earnings and Revenue Estimates
Fox Factory Stock Performance
Fox Factory (NASDAQ:FOXF – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.18 by $0.19. Fox Factory had a negative net margin of 20.39% and a positive return on equity of 5.57%. The firm had revenue of $358.12 million for the quarter, compared to analysts’ expectations of $352.94 million. During the same quarter last year, the firm earned $0.40 EPS. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. Research analysts anticipate that Fox Factory Holding Corp. will post 1.45 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Fox Advisors set a $20.00 price target on Fox Factory in a research note on Tuesday, June 30th. Needham & Company LLC reissued a “buy” rating on shares of Fox Factory in a research note on Wednesday, June 3rd. Weiss Ratings downgraded Fox Factory from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 11th. Stifel Nicolaus set a $24.00 price target on Fox Factory in a research report on Thursday, April 16th. Finally, Zacks Research raised Fox Factory from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $21.00.
View Our Latest Stock Report on Fox Factory
Fox Factory Company Profile
Fox Factory Holding Corp., headquartered in Duluth, Minnesota, designs, engineers and manufactures high-performance suspension systems, shock absorbers and related components for powersports, light-vehicle and mountain-bike applications. The company’s FOX brand offers a comprehensive portfolio of forks, shocks, coilovers and internal bypass dampers aimed at OEM and aftermarket customers seeking enhanced ride quality, control and durability across off-road vehicles, motorcycles and bicycles.
Founded in 1974 by Bob Fox in California, Fox Factory has expanded its technology base and market reach through strategic acquisitions such as Marzocchi Suspension, DVO Suspension and Walker Evans Racing.
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