GABELLI & Co INVESTMENT ADVISERS INC. Purchases 11,900 Shares of Fox Corporation $FOX

GABELLI & Co INVESTMENT ADVISERS INC. increased its position in Fox Corporation (NASDAQ:FOX) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 257,911 shares of the company’s stock after purchasing an additional 11,900 shares during the period. FOX makes up 2.4% of GABELLI & Co INVESTMENT ADVISERS INC.’s investment portfolio, making the stock its 11th largest holding. GABELLI & Co INVESTMENT ADVISERS INC. owned about 0.06% of FOX worth $14,776,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. AQR Capital Management LLC lifted its stake in shares of FOX by 65.6% in the first quarter. AQR Capital Management LLC now owns 26,715 shares of the company’s stock valued at $1,408,000 after buying an additional 10,579 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of FOX by 4.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,446 shares of the company’s stock worth $656,000 after acquiring an additional 586 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of FOX in the 1st quarter worth about $224,000. Woodline Partners LP lifted its position in FOX by 40.7% in the 1st quarter. Woodline Partners LP now owns 11,145 shares of the company’s stock valued at $587,000 after acquiring an additional 3,222 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in FOX by 427.0% in the 1st quarter. Jane Street Group LLC now owns 97,261 shares of the company’s stock valued at $5,127,000 after acquiring an additional 78,804 shares in the last quarter. Institutional investors own 26.41% of the company’s stock.

FOX Stock Up 0.5%

FOX stock opened at $53.50 on Friday. Fox Corporation has a 1-year low of $43.18 and a 1-year high of $68.18. The stock has a market cap of $22.76 billion, a P/E ratio of 12.86, a P/E/G ratio of 7.36 and a beta of 0.59. The stock’s fifty day simple moving average is $60.31 and its two-hundred day simple moving average is $58.02. 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. The company had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.06 billion. FOX had a net margin of 11.41% and a return on equity of 18.14%. Analysts expect that Fox Corporation will post 4.25 EPS for the current year.

FOX Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be paid a $0.28 dividend. The ex-dividend date is Wednesday, March 4th. FOX’s payout ratio is presently 13.46%.

Key FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Heavy geopolitical coverage on Iran and related U.S. operations drives front‑page traffic and viewer engagement, supporting ad revenue and subscription metrics. Israel hammers Iranian internal security command centers to open door to uprising
• Positive Sentiment: Analysis and commentary framing recent strikes as “historic” attract political viewership and drive time-on-site for the network’s opinion shows. Strike on Iranian leadership ‘achieved something truly historic,’ former CIA director
• Positive Sentiment: International defense/foreign-policy pieces (e.g., stealth bomber coverage) broaden audience reach and pickup from other outlets, boosting referral traffic. Stealth bombers landing at UK bases ‘in days’ after Trump pressures Starmer: report
• Positive Sentiment: High-engagement opinion/video segments (e.g., Brian Kilmeade’s piece) typically drive repeat viewership on digital and linear platforms. Brian Kilmeade: The ‘plan’ for Iran is called payback
• Positive Sentiment: Breaking local/Border reporting (video content) supplements national coverage and increases video ad inventory. Officers encounter man who fled Border Patrol checkpoint in Texas
• Neutral Sentiment: Reported surge in short interest appears to be a data anomaly (short interest listed as 0 shares and NaN changes), creating uncertainty but no clear market pressure. Short interest report (data anomaly)
• Neutral Sentiment: Lifestyle and entertainment features (e.g., Susan Powter tech comeback, Deadliest Catch investigation) add steady audience breadth but are less likely to move near-term stock momentum. Stop the insanity 2.0: ’90s icon Susan Powter’s tech comeback
• Neutral Sentiment: Non‑related market item (Foxtons revenue) appears in the feed but is not relevant to Fox Corp investors. Foxtons grows revenue
• Negative Sentiment: Tense, confrontational segments (e.g., on‑air exchanges with other networks) can spur controversy and advertiser sensitivity in some categories, creating potential short‑term ad risk. Leavitt lashes out at CNN’s Kaitlan Collins in tense exchange on fallen soldiers from Iran operation

Insider Buying and Selling at FOX

In other news, insider Adam G. Ciongoli sold 29,897 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $69.55, for a total transaction of $2,079,336.35. Following the completion of the sale, the insider owned 35,978 shares in the company, valued at $2,502,269.90. This trade represents a 45.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 23.06% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have commented on FOX shares. Guggenheim reissued a “buy” rating and set a $85.00 price objective on shares of FOX in a report on Monday, December 22nd. Wells Fargo & Company downgraded FOX from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Zacks Research cut FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Finally, Bank of America reiterated 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. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $75.00.

FOX 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.