Strs Ohio Reduces Holdings in Fox Corporation $FOX

Strs Ohio trimmed its position in shares of Fox Corporation (NASDAQ:FOX) by 93.9% in the third quarter, Holdings Channel.com reports. The firm owned 3,566 shares of the company’s stock after selling 54,727 shares during the period. Strs Ohio’s holdings in FOX were worth $204,000 as of its most recent SEC filing.

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

Insider Activity at FOX

In other FOX news, insider Adam G. Ciongoli sold 29,897 shares of FOX stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.55, for a total transaction of $2,079,336.35. Following the sale, the insider owned 35,978 shares of the company’s stock, valued at $2,502,269.90. The trade was a 45.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Keith Rupert Murdoch sold 100,000 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $59.26, for a total value of $5,926,000.00. Following the completion of the transaction, the chairman directly owned 1,100,862 shares of the company’s stock, valued at approximately $65,237,082.12. The trade was a 8.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 437,050 shares of company stock worth $28,347,106 in the last three months. 23.06% of the stock is owned by company insiders.

Analyst Ratings Changes

FOX has been the subject of a number of research reports. Guggenheim reiterated a “buy” rating and issued a $85.00 price target on shares of FOX in a research note on Monday, December 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. UBS Group restated a “buy” rating on shares of FOX in a research note on Friday, October 31st. Zacks Research raised shares of FOX from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, Fox Advisors set a $97.00 target price on shares of FOX in a report on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $82.50.

Key FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Recent operating strength — Fox reported an October quarter beat (EPS and revenue outpaced consensus), showing healthy margins and ROE that underpin valuation metrics and investor confidence. (See company recent results in filings and analyst commentary.)
• Positive Sentiment: High-profile news flow that typically boosts ratings — multiple political and security stories (Trump/ICE developments, Minneapolis federal‑agent body‑camera rollout, Middle East military movements) increase live-news demand, which can translate into higher linear/digital viewership and ad revenue for Fox. Read More.
• Neutral Sentiment: Upcoming earnings as a catalyst — Fox is projected to post quarterly results on Wednesday. Earnings are the primary near-term catalyst; results that beat/raise guidance would likely reverse today’s weakness, while a miss could deepen it. Read More.
• Neutral Sentiment: Contributor health update — commentator Victor Davis Hanson provided a lung‑cancer recovery update. Temporary absence or reduced appearances by contributors can modestly affect specific programs’ lineups but is unlikely to materially change company fundamentals. Read More.
• Neutral Sentiment: Short‑interest report appears erroneous/uninformative — a February short‑interest entry lists 0 shares and NaN changes; the item is likely a data glitch and should not be interpreted as meaningful market pressure.
• Negative Sentiment: Market is pricing in near‑term uncertainty — despite prior beats, the stock has pulled back modestly ahead of earnings, reflecting investor caution around ad markets, political/regulatory news volatility, and the usual headline-driven ratings volatility that can cut both ways.

FOX Price Performance

NASDAQ FOX opened at $65.28 on Tuesday. The company has a 50-day moving average price of $63.90 and a two-hundred day moving average price of $57.70. Fox Corporation has a 52 week low of $43.18 and a 52 week high of $68.18. The stock has a market cap of $28.98 billion, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 1.45 and a beta of 0.56. The company has a current ratio of 3.24, a quick ratio of 3.03 and a debt-to-equity ratio of 0.54.

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.