FOX (NASDAQ:FOX) Receives Neutral Rating from Seaport Research Partners

FOX (NASDAQ:FOX)‘s stock had its “neutral” rating reissued by equities research analysts at Seaport Research Partners in a report issued on Friday,Benzinga reports.

FOX has been the topic of a number of other research reports. Weiss Ratings lowered shares of FOX from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, July 20th. Rothschild & Co Redburn set a $71.00 price target on shares of FOX in a research report on Friday, July 10th. Citigroup reiterated a “buy” rating on shares of FOX in a research report on Friday, July 17th. Finally, Zacks Research upgraded FOX from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $74.33.

FOX Stock Performance

NASDAQ:FOX opened at $55.37 on Friday. The business’s fifty day moving average is $51.64 and its 200 day moving average is $54.69. The firm has a market cap of $23.27 billion, a price-to-earnings ratio of 14.61, a PEG ratio of 1.49 and a beta of 0.57. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.65 and a current ratio of 2.90. FOX has a 52-week low of $44.08 and a 52-week high of $68.18.

FOX (NASDAQ:FOX) last posted its earnings results on Thursday, August 6th. The company reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.35. FOX had a return on equity of 18.90% and a net margin of 10.56%.The business had revenue of $4.21 billion during the quarter, compared to analyst estimates of $3.64 billion. Research analysts predict that FOX will post 4.78 EPS for the current year.

Hedge Funds Weigh In On FOX

Several hedge funds and other institutional investors have recently modified their holdings of FOX. Brown Brothers Harriman & Co. boosted its holdings in shares of FOX by 336.9% during the third quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock worth $35,000 after purchasing an additional 475 shares during the period. Versant Capital Management Inc grew its stake in shares of FOX by 42.3% in the second quarter. Versant Capital Management Inc now owns 844 shares of the company’s stock worth $40,000 after purchasing an additional 251 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in FOX by 95.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,442 shares of the company’s stock valued at $76,000 after purchasing an additional 703 shares during the period. EverSource Wealth Advisors LLC increased its holdings in FOX by 130.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,300 shares of the company’s stock valued at $119,000 after purchasing an additional 1,301 shares during the period. Finally, Glenmede Trust Co. NA raised its position in FOX by 143.9% during the 1st quarter. Glenmede Trust Co. NA now owns 2,697 shares of the company’s stock valued at $143,000 after purchasing an additional 1,591 shares during the last quarter. 26.41% of the stock is owned by institutional investors.

Key Stories Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Fourth-quarter results beat expectations. FOX reported $1.79 in adjusted EPS versus the $1.44 consensus estimate, while revenue reached $4.21 billion compared with expectations of $3.64 billion. Adjusted EBITDA increased 27% to $1.20 billion. Fox earnings report
• Positive Sentiment: World Cup advertising provided a major boost. Quarterly revenue rose 28% year over year, while advertising revenue jumped 78%, led by broadcasts of the FIFA Men’s World Cup and digital growth. Television revenue increased 45%, and television-segment EBITDA more than doubled. Fox advertising and Tubi World Cup article
• Positive Sentiment: Shareholder returns remain supportive. FOX declared a semi-annual dividend of $0.29 per share, payable September 23 to shareholders of record September 2, and had $3.4 billion remaining under its share-repurchase authorization. FOX fiscal 2026 results release
• Neutral Sentiment: Longer-term growth initiatives remain in focus. FOX highlighted Tubi’s digital momentum and the launch of FOX One. Full-year fiscal 2026 revenue rose 5% to $17.13 billion, although net income declined to $1.73 billion from $2.29 billion a year earlier.
• Neutral Sentiment: NFL rights costs are not expected to change immediately. CEO Lachlan Murdoch said FOX does not plan to renegotiate its NFL media-rights agreement before the league’s current deal expires or reaches its potential opt-out period near 2030. Fox NFL rights article
• Negative Sentiment: Insider selling may temper sentiment. Recent data showed substantially more FOX insider sales than purchases, including sales by senior executives, though these transactions may reflect personal or compensation-related decisions rather than a view on fundamentals.

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.