Fox Corporation (NASDAQ:FOX) Receives Average Rating of “Hold” from Brokerages

Fox Corporation (NASDAQ:FOX) has earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $75.00.

A number of equities research analysts have weighed in on FOX shares. Zacks Research downgraded FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Guggenheim reiterated a “buy” rating and set a $85.00 price target on shares of FOX in a research report on Monday, December 22nd. Wells Fargo & Company downgraded FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Bank of America reaffirmed an “underperform” rating and set a $45.00 target price (down from $80.00) on shares of FOX in a research note on Wednesday, February 25th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of FOX in a report on Monday, December 29th.

Key Headlines Impacting FOX

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Major international crisis and strike coverage drives realtime audience demand — Fox is running extensive live coverage of U.S.-Iran/Israel developments and related strikes, a type of breaking-news cycle that typically lifts linear and digital viewership and short-term ad revenues. Live updates: US-Iran-Israel war
• Positive Sentiment: Domestic violent incidents and terror-related stories (synagogue shooting, other attacks) are generating heavy local and national coverage — again likely to boost audience engagement across Fox’s news platforms. Recent terror attacks rattle American communities
• Positive Sentiment: Sports and event programming continue to supply appointment viewing (WWE features, Kyler Murray signing, WBC coverage) — stable non-news content that supports diversified ad inventory and subscriber interest. Kyler Murray signs with Vikings
• Neutral Sentiment: High-profile event coverage (NASA’s Artemis II crewed launch target) can produce one-time spikes in audience but is episodic rather than recurring revenue. NASA targets April 1 launch for Artemis II
• Neutral Sentiment: Industry media miscues and rival coverage (e.g., deleted posts, reporting errors at other outlets) create short-term headlines in media circles but are unlikely to materially change Fox’s fundamentals. CNN reporter deletes post
• Neutral Sentiment: Human-interest and cultural pieces (e.g., WWE profile, athlete support stories) support audience breadth but are not major earnings drivers. WWE Bayley opens up
• Negative Sentiment: Political and government disruption — DHS closure/airport chaos and unpaid TSA officer stories — can suppress ad demand tied to travel-related categories and increase advertiser caution during uncertain periods. Airport security strain during shutdown grows
• Negative Sentiment: Ongoing geopolitical risk can depress broader market sentiment and make advertisers more cautious with upfront commitments — a headwind for ad-driven media stocks if sustained. Iran targets oil tankers, fuel storage facilities
• Negative Sentiment: Technical and valuation pressures: FOX is trading below its 50- and 200-day moving averages and volume is elevated vs. average — signals that can amplify short-term downside even if ratings rise. (Company fundamentals: market cap, P/E and recent earnings beat remain supportive.)

Insider Activity at FOX

In related news, CEO Lachlan K. Murdoch sold 637,752 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.20, for a total transaction of $37,117,166.40. Following the completion of the sale, the chief executive officer directly owned 152 shares in the company, valued at approximately $8,846.40. This trade represents a 99.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO John Nallen sold 242,309 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief operating officer owned 357,653 shares of the company’s stock, valued at $20,650,884.22. The trade was a 40.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,586,871 shares of company stock worth $91,893,926 in the last ninety days. Corporate insiders own 23.06% of the company’s stock.

Institutional Investors Weigh In On FOX

A number of institutional investors and hedge funds have recently modified their holdings of FOX. Root Financial Partners LLC acquired a new position in shares of FOX in the 3rd quarter worth $26,000. Quent Capital LLC acquired a new position in shares of FOX in the 3rd quarter valued at $32,000. Brown Brothers Harriman & Co. increased its stake in 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 purchasing an additional 475 shares in the last quarter. First Horizon Corp purchased a new position in FOX in the 3rd quarter worth about $74,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in FOX during the 3rd quarter worth about $74,000. Institutional investors and hedge funds own 26.41% of the company’s stock.

FOX Stock Down 0.9%

FOX stock opened at $52.03 on Friday. FOX has a 52 week low of $43.18 and a 52 week high of $68.18. The stock has a market cap of $22.13 billion, a price-to-earnings ratio of 12.51, a PEG ratio of 7.26 and a beta of 0.59. The company’s 50-day moving average price is $58.85 and its two-hundred day moving average price is $57.99. The company has a current ratio of 2.78, a quick ratio of 2.44 and a debt-to-equity ratio of 0.60.

FOX (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, topping 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 company had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.06 billion. On average, analysts expect that FOX will post 4.25 EPS for the current fiscal year.

FOX Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.28 per share. The ex-dividend date is Wednesday, March 4th. FOX’s dividend payout ratio (DPR) is 13.46%.

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.