Dimensional Fund Advisors LP increased its holdings in shares of Fox Factory Holding Corp. (NASDAQ:FOXF – Free Report) by 26.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,271,969 shares of the company’s stock after buying an additional 262,076 shares during the quarter. Dimensional Fund Advisors LP owned about 3.03% of Fox Factory worth $20,937,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its stake in shares of Fox Factory by 188.1% during the 4th quarter. Hantz Financial Services Inc. now owns 2,057 shares of the company’s stock valued at $35,000 after acquiring an additional 1,343 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Fox Factory by 108.3% in 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 during the last quarter. Covestor Ltd grew its holdings in Fox Factory by 693.3% in the fourth quarter. Covestor Ltd now owns 2,943 shares of the company’s stock valued at $50,000 after purchasing an additional 2,572 shares during the period. Resona Asset Management Co. Ltd. grew its holdings in Fox Factory by 33.3% in the fourth quarter. Resona Asset Management Co. Ltd. now owns 4,142 shares of the company’s stock valued at $73,000 after purchasing an additional 1,035 shares during the period. Finally, OP Asset Management Ltd acquired a new position in Fox Factory during the first quarter worth approximately $91,000.
More Fox Factory News
Here are the key news stories impacting Fox Factory this week:
- Positive Sentiment: Fox Factory reported quarterly EPS of $0.37, well above the $0.16-$0.18 analyst consensus and ahead of expectations by a wide margin. However, earnings were below $0.40 in the year-ago period. Fox Factory Holding Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Management issued third-quarter fiscal 2026 revenue guidance of $355 million to $380 million, above the $345.1 million analyst consensus, suggesting potential sequential improvement. Full-year revenue guidance of $1.4 billion to $1.5 billion was also broadly in line with, and slightly above, consensus at the midpoint. Fox Factory Reports Second-Quarter Fiscal 2026 Results
- Neutral Sentiment: Brokerages maintain a consensus “Hold” recommendation, indicating that analysts see a balanced risk-reward profile following the results. Fox Factory Receives Consensus Hold Recommendation
- Negative Sentiment: Quarterly revenue fell 4.5% from the same period last year, while EPS declined from $0.40 to $0.37. The company also reported a negative net margin of 20.25%, raising concerns about profitability despite the earnings beat. Fox Factory Quarterly Earnings Results
Fox Factory Trading Down 4.1%
Fox Factory (NASDAQ:FOXF – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.19. Fox Factory had a negative net margin of 20.25% and a positive return on equity of 5.20%. The company had revenue of $358.12 million during the quarter, compared to analyst estimates of $352.94 million. During the same quarter in the prior year, the business earned $0.40 earnings per share. The business’s quarterly revenue was down 4.5% compared to the same quarter last year. On average, analysts anticipate that Fox Factory Holding Corp. will post 1.41 EPS for the current year.
Analyst Ratings Changes
A number of research firms have weighed in on FOXF. Weiss Ratings lowered shares of Fox Factory from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 11th. Zacks Research upgraded Fox Factory from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 3rd. Stifel Nicolaus set a $24.00 target price on Fox Factory in a research report on Thursday, April 16th. Fox Advisors set a $20.00 target price on Fox Factory in a report on Tuesday, June 30th. Finally, Needham & Company LLC reissued a “buy” rating on shares of Fox Factory in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Fox Factory currently has an average rating of “Hold” and a consensus target price of $23.20.
Get Our Latest Research Report on Fox Factory
Fox Factory 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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