Gamco Investors INC. ET AL Has $33.50 Million Stake in Fox Corporation $FOX

Key Points

• Gamco Investors reduced its stake in Fox by 6.4%, selling 40,110 shares and retaining 584,685 shares valued at about $33.50 million according to its latest 13F filing.
• Fox beat quarterly expectations, reporting $0.82 EPS versus $0.51 expected and $5.18 billion in revenue versus $5.06 billion, and announced a $0.28 dividend (ex‑dividend March 4, payable March 25).
• Insider sale and mixed analyst views: Adam G. Ciongoli sold 29,897 shares for roughly $2.08 million (a 45.38% reduction in his stake), while analysts are split but show a consensus "Hold" with an average $75 price target.

Gamco Investors INC. ET AL reduced its stake in Fox Corporation (NASDAQ:FOX - Free Report) by 6.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 584,685 shares of the company's stock after selling 40,110 shares during the quarter. Gamco Investors INC. ET AL owned 0.13% of FOX worth $33,497,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GABELLI & Co INVESTMENT ADVISERS INC. raised its stake in shares of FOX by 4.8% in the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 257,911 shares of the company's stock valued at $14,776,000 after purchasing an additional 11,900 shares during the period. Andra AP fonden boosted its position in shares of FOX by 2.7% during the third quarter. Andra AP fonden now owns 1,110,900 shares of the company's stock worth $63,643,000 after buying an additional 29,200 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of FOX by 8.4% during the third quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the company's stock worth $143,000 after buying an additional 193 shares during the period. Rhumbline Advisers grew its holdings in shares of FOX by 3.2% during the third quarter. Rhumbline Advisers now owns 291,621 shares of the company's stock worth $16,707,000 after buying an additional 9,046 shares in the last quarter. Finally, Canada Post Corp Registered Pension Plan grew its holdings in shares of FOX by 786.4% during the third quarter. Canada Post Corp Registered Pension Plan now owns 23,720 shares of the company's stock worth $1,352,000 after buying an additional 21,044 shares in the last quarter. 26.41% of the stock is owned by institutional investors and hedge funds.

Key FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Fox’s last reported quarter beat expectations (reported $0.82 EPS vs. $0.51 expected) and revenue topped estimates, supporting the stock’s fundamental case and investor confidence.
• Positive Sentiment: The U.S. appeals court lifted an injunction on former President Trump’s Chicago immigration operation — a high-profile political development that typically drives viewership for cable news networks and could lift Fox’s advertising revenue if sustained. Article Title
• Positive Sentiment: Escalating Iran-related developments and related NATO coverage (missile reports, talks of military responses and U.S. statements) are driving heavy news consumption; that elevated geopolitical coverage often benefits major news broadcasters’ ratings and ad demand. Examples: NATO/airspace stories and Iran leadership/response coverage. Article Title Article Title
• Neutral Sentiment: Short-interest data in the feed shows anomalous/zero values (listed as a “large increase” but with 0 shares / NaN), which appears unreliable — not actionable until clarified by a credible data source.
• Neutral Sentiment: Sports and opinion pieces (e.g., Russell Wilson/Sean Payton feud, columns on AI and Supreme Court rulings) generate traffic but are unlikely to materially move Fox Corp’s near-term fundamentals on their own. Article Title
• Negative Sentiment: Technically, the stock remains below its 50‑day moving average (50‑day: $60.31 vs. current mid‑day level), which can act as resistance and limit upside unless momentum broadens — a consideration for traders despite today’s uptick.

Insider Buying and Selling at FOX

In related news, insider Adam G. Ciongoli sold 29,897 shares of the firm's stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $69.55, for a total value of $2,079,336.35. Following the completion of the transaction, the insider directly owned 35,978 shares of the company's stock, valued at approximately $2,502,269.90. This trade represents a 45.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 23.06% of the company's stock.

Wall Street Analyst Weigh In

FOX has been the topic of several research reports. Wells Fargo & Company 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 research note on Monday, December 29th. Guggenheim reiterated a "buy" rating and issued a $85.00 price objective on shares of FOX in a report on Monday, December 22nd. Zacks Research lowered shares of FOX from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 5th. Finally, Bank of America restated an "underperform" rating and set a $45.00 target price (down from $80.00) on shares of FOX in a report on Wednesday, February 25th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $75.00.

FOX Stock Performance

FOX opened at $54.31 on Friday. Fox Corporation has a 52-week low of $43.18 and a 52-week high of $68.18. The firm has a market capitalization of $23.10 billion, a PE ratio of 13.06, a PEG ratio of 7.40 and a beta of 0.59. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.44 and a current ratio of 2.78. The business's 50-day simple moving average is $60.09 and its 200 day simple moving average is $58.03.

FOX (NASDAQ:FOX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.31. The firm had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.06 billion. FOX had a return on equity of 18.14% and a net margin of 11.41%. As a group, sell-side analysts expect that Fox Corporation will post 4.25 earnings per share for the current fiscal year.

FOX Dividend Announcement

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

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.

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