State of Wyoming Has $29,000 Stock Position in Fox Factory Holding Corp. $FOXF

State of Wyoming trimmed its position in Fox Factory Holding Corp. (NASDAQ:FOXF) by 71.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,238 shares of the company’s stock after selling 3,026 shares during the quarter. State of Wyoming’s holdings in Fox Factory were worth $29,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Trexquant Investment LP boosted its holdings in shares of Fox Factory by 187.7% during the first quarter. Trexquant Investment LP now owns 105,839 shares of the company’s stock worth $2,470,000 after purchasing an additional 69,047 shares during the period. B. Metzler seel. Sohn & Co. AG boosted its stake in Fox Factory by 15.6% during the first quarter. B. Metzler seel. Sohn & Co. AG now owns 18,884 shares of the company’s stock worth $441,000 after buying an additional 2,550 shares in the last quarter. Synovus Financial Corp boosted its stake in Fox Factory by 41.2% during the first quarter. Synovus Financial Corp now owns 10,106 shares of the company’s stock worth $236,000 after buying an additional 2,950 shares in the last quarter. Walleye Capital LLC boosted its stake in shares of Fox Factory by 85.9% in the 1st quarter. Walleye Capital LLC now owns 64,795 shares of the company’s stock valued at $1,512,000 after purchasing an additional 29,943 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Fox Factory by 35.6% in the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 369,230 shares of the company’s stock valued at $8,618,000 after purchasing an additional 96,890 shares in the last quarter.

Wall Street Analysts Forecast Growth

FOXF has been the topic of several research reports. Truist Financial upped their price target on shares of Fox Factory from $28.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, May 14th. B. Riley reaffirmed a “neutral” rating and set a $32.00 price objective (up previously from $26.00) on shares of Fox Factory in a research note on Friday, August 8th. Finally, Stifel Nicolaus lifted their price target on Fox Factory from $34.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Fox Factory presently has a consensus rating of “Hold” and a consensus target price of $34.86.

Fox Factory Stock Down 3.5%

NASDAQ FOXF opened at $28.00 on Thursday. Fox Factory Holding Corp. has a fifty-two week low of $17.95 and a fifty-two week high of $44.27. The stock has a market capitalization of $1.17 billion, a PE ratio of -4.63 and a beta of 1.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.03 and a quick ratio of 1.36. The business has a fifty day moving average price of $28.79 and a two-hundred day moving average price of $25.68.

Fox Factory (NASDAQ:FOXF) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.03). Fox Factory had a negative net margin of 17.50% and a positive return on equity of 5.03%. The firm had revenue of $374.86 million during the quarter, compared to the consensus estimate of $349.01 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The firm’s revenue was up 7.6% on a year-over-year basis. Fox Factory has set its FY 2025 guidance at 1.600-2.000 EPS. Q3 2025 guidance at 0.450-0.650 EPS. Equities analysts expect that Fox Factory Holding Corp. will post 1.31 earnings per share for the current fiscal year.

Fox Factory Profile

Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, and specialty vehicles and applications, such as military, motorcycles, and commercial trucks; lift kits and components with shock products and aftermarket accessory packages for trucks; and mid-end and high-end front fork and rear suspension products.