Voya Investment Management LLC Has $268,000 Stock Holdings in Fox Factory Holding Corp. $FOXF

Voya Investment Management LLC lessened its position in Fox Factory Holding Corp. (NASDAQ:FOXF) by 9.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,471 shares of the company’s stock after selling 1,232 shares during the quarter. Voya Investment Management LLC’s holdings in Fox Factory were worth $268,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. RWWM Inc. raised its position in Fox Factory by 79.0% in the 1st quarter. RWWM Inc. now owns 3,576,560 shares of the company’s stock valued at $83,477,000 after buying an additional 1,579,029 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Fox Factory by 4.2% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,409,387 shares of the company’s stock valued at $32,895,000 after buying an additional 57,145 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Fox Factory by 14.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 711,977 shares of the company’s stock valued at $16,618,000 after buying an additional 89,232 shares during the last quarter. Geneva Capital Management LLC raised its position in Fox Factory by 4.0% in the 1st quarter. Geneva Capital Management LLC now owns 538,644 shares of the company’s stock valued at $12,572,000 after buying an additional 20,692 shares during the last quarter. Finally, Millennium Management LLC raised its position in Fox Factory by 18.7% in the 1st quarter. Millennium Management LLC now owns 464,493 shares of the company’s stock valued at $10,841,000 after buying an additional 73,090 shares during the last quarter.

Fox Factory Stock Performance

Shares of NASDAQ FOXF opened at $24.77 on Tuesday. The company has a current ratio of 3.03, a quick ratio of 1.36 and a debt-to-equity ratio of 0.70. Fox Factory Holding Corp. has a 12 month low of $17.95 and a 12 month high of $42.57. The stock has a 50 day moving average of $28.46 and a 200-day moving average of $25.68. The company has a market capitalization of $1.04 billion, a P/E ratio of -4.09 and a beta of 1.48.

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

Analysts Set New Price Targets

FOXF has been the topic of a number of recent research reports. B. Riley reissued a “neutral” rating and issued a $32.00 target price (up previously from $26.00) on shares of Fox Factory in a research report on Friday, August 8th. Stifel Nicolaus raised 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 analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.50.

About Fox Factory

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.