Geneos Wealth Management Inc. Buys 126 Shares of FedEx Corporation $FDX

Geneos Wealth Management Inc. increased its stake in shares of FedEx Corporation (NYSE:FDX) by 9.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,501 shares of the shipping service provider’s stock after buying an additional 126 shares during the period. Geneos Wealth Management Inc.’s holdings in FedEx were worth $366,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FDX. Nuveen LLC bought a new stake in shares of FedEx during the 1st quarter worth about $314,650,000. ACR Alpine Capital Research LLC boosted its holdings in shares of FedEx by 85.9% during the 1st quarter. ACR Alpine Capital Research LLC now owns 1,585,033 shares of the shipping service provider’s stock worth $386,399,000 after buying an additional 732,266 shares during the period. GAMMA Investing LLC boosted its holdings in shares of FedEx by 18,202.1% during the 1st quarter. GAMMA Investing LLC now owns 545,586 shares of the shipping service provider’s stock worth $133,003,000 after buying an additional 542,605 shares during the period. Worldquant Millennium Advisors LLC boosted its holdings in shares of FedEx by 276.1% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 433,789 shares of the shipping service provider’s stock worth $122,038,000 after buying an additional 318,448 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of FedEx by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 20,489,161 shares of the shipping service provider’s stock worth $4,994,848,000 after buying an additional 289,655 shares during the period. Institutional investors own 84.47% of the company’s stock.

FedEx Stock Performance

Shares of FedEx stock opened at $229.67 on Monday. The company has a 50 day moving average of $229.77 and a 200-day moving average of $227.21. The company has a market cap of $54.19 billion, a PE ratio of 13.61, a price-to-earnings-growth ratio of 1.29 and a beta of 1.20. FedEx Corporation has a 1-year low of $194.29 and a 1-year high of $308.53. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68.

FedEx (NYSE:FDX) last released its quarterly earnings data on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.98 by $0.09. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $21.86 billion. FedEx had a net margin of 4.65% and a return on equity of 16.34%. During the same period in the prior year, the company earned $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. As a group, equities research analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 8th will be given a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, September 8th. FedEx’s dividend payout ratio is currently 34.36%.

Insider Buying and Selling

In related news, Director R Brad Martin sold 2,123 shares of the company’s stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $241.75, for a total transaction of $513,235.25. Following the completion of the transaction, the director directly owned 8,935 shares in the company, valued at $2,160,036.25. This represents a 19.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Marvin R. Ellison sold 3,610 shares of the company’s stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $236.94, for a total transaction of $855,353.40. Following the transaction, the director owned 7,720 shares of the company’s stock, valued at approximately $1,829,176.80. This represents a 31.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,343 shares of company stock worth $2,228,816 in the last three months. 0.53% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on FDX shares. JPMorgan Chase & Co. reduced their target price on shares of FedEx from $290.00 to $285.00 and set an “overweight” rating for the company in a report on Friday, September 5th. Wall Street Zen downgraded shares of FedEx from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Barclays reissued an “overweight” rating and issued a $320.00 price objective (down previously from $330.00) on shares of FedEx in a report on Wednesday, June 25th. Truist Financial reissued a “buy” rating and issued a $275.00 price objective on shares of FedEx in a report on Wednesday, June 25th. Finally, Citigroup cut their price objective on shares of FedEx from $278.00 to $275.00 and set a “buy” rating for the company in a report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $282.54.

FedEx Profile

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.