FOX (NASDAQ:FOX) Upgraded at Zacks Research

Posted by Francis Steltz on Oct 9th, 2026

Zacks Research upgraded shares of FOX (NASDAQ:FOX – Free Report) from a hold rating to a strong-buy rating in a research report released on Tuesday morning,Zacks reports.

FOX has been the topic of a number of other research reports. Weiss Ratings upgraded shares of FOX from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, September 10th. Guggenheim reissued a “buy” rating on shares of FOX in a report on Tuesday, August 25th. Wells Fargo & Company raised FOX from a “hold” rating to an “overweight” rating and set a $80.00 target price on the stock in a research report on Friday, August 14th. Rothschild & Co Redburn set a $71.00 target price on FOX in a research note on Friday, July 10th. Finally, Fox Advisors set a $95.00 price target on FOX in a research report on Monday, September 14th. Three analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $77.67.

Check Out Our Latest Stock Report on FOX

FOX Trading Up 1.8%

Shares of NASDAQ:FOX opened at $56.97 on Tuesday. The business’s 50-day moving average is $57.96 and its 200 day moving average is $55.37. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.17 and a quick ratio of 2.99. FOX has a 1 year low of $44.08 and a 1 year high of $68.18. The firm has a market capitalization of $23.91 billion, a P/E ratio of 14.87, a P/E/G ratio of 1.45 and a beta of 0.63.

FOX (NASDAQ:FOX – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.35. The business had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $3.64 billion. FOX had a return on equity of 20.64% and a net margin of 9.84%. On average, research analysts predict that FOX will post 5.99 earnings per share for the current fiscal year.

FOX Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 2nd were issued a $0.29 dividend. This represents a dividend yield of 96.0%. The ex-dividend date of this dividend was Wednesday, September 2nd. FOX’s dividend payout ratio is 15.14%.

Insider Buying and Selling at FOX

In other FOX news, CEO Lachlan Murdoch bought 149,934 shares of FOX stock in a transaction that occurred on Tuesday, September 15th. The stock was purchased at an average price of $68.53 per share, with a total value of $10,274,977.02. Following the completion of the acquisition, the chief executive officer directly owned 1,401,713 shares in the company, valued at approximately $96,059,391.89. This trade represents a 11.98% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 23.06% of the stock is owned by insiders.

Hedge Funds Weigh In On FOX

A number of institutional investors have recently modified their holdings of the stock. Everhart Financial Group Inc. purchased a new stake in shares of FOX in the third quarter worth about $373,000. CX Institutional grew its holdings in FOX by 54.4% during the third quarter. CX Institutional now owns 2,898 shares of the company’s stock worth $163,000 after acquiring an additional 1,021 shares during the period. QRG Capital Management Inc. raised its position in FOX by 2.6% during the second quarter. QRG Capital Management Inc. now owns 28,896 shares of the company’s stock valued at $1,354,000 after acquiring an additional 723 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in FOX by 4.0% in the second quarter. Sequoia Financial Advisors LLC now owns 6,644 shares of the company’s stock valued at $311,000 after acquiring an additional 254 shares during the period. Finally, National Pension Service lifted its holdings in FOX by 56.2% in the second quarter. National Pension Service now owns 56,048 shares of the company’s stock valued at $2,625,000 after acquiring an additional 20,157 shares during the period. Hedge funds and other institutional investors own 26.41% of the company’s stock.

About FOX

(Get Free Report)

Fox Corporation (NASDAQ: FOX) is a U.S. media company that produces and distributes news, sports, and entertainment programming. Its portfolio includes FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations, and the Tubi streaming service.

FOX News Media operates FOX News Channel, FOX Business Network, FOX News Digital, FOX Nation, and FOX Weather. FOX Sports provides national and regional sports programming, while FOX Entertainment develops and broadcasts scripted and unscripted television content.