Acadian Asset Management LLC Purchases 1,002 Shares of FedEx Corporation $FDX

Acadian Asset Management LLC raised its stake in FedEx Corporation (NYSE:FDX) by 34.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,880 shares of the shipping service provider’s stock after acquiring an additional 1,002 shares during the period. Acadian Asset Management LLC’s holdings in FedEx were worth $943,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in FedEx by 1.4% in the first quarter. Vanguard Group Inc. now owns 20,489,161 shares of the shipping service provider’s stock worth $4,994,848,000 after purchasing an additional 289,655 shares in the last quarter. Invesco Ltd. lifted its stake in shares of FedEx by 1.4% during the first quarter. Invesco Ltd. now owns 3,264,993 shares of the shipping service provider’s stock valued at $795,940,000 after acquiring an additional 43,989 shares during the period. Hotchkis & Wiley Capital Management LLC increased its holdings in FedEx by 7.1% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 2,030,687 shares of the shipping service provider’s stock valued at $495,041,000 after purchasing an additional 135,290 shares during the last quarter. ACR Alpine Capital Research LLC increased its holdings in FedEx by 85.9% in the first quarter. ACR Alpine Capital Research LLC now owns 1,585,033 shares of the shipping service provider’s stock valued at $386,399,000 after purchasing an additional 732,266 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in FedEx by 0.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,506,226 shares of the shipping service provider’s stock valued at $367,188,000 after purchasing an additional 5,490 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Stock Down 0.7%

Shares of NYSE:FDX opened at $226.16 on Thursday. The company has a market capitalization of $53.36 billion, a price-to-earnings ratio of 13.40, a P/E/G ratio of 1.28 and a beta of 1.20. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.19 and a quick ratio of 1.15. The business’s 50-day moving average is $229.16 and its 200-day moving average is $226.95. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $308.53.

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

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th will be issued a $1.45 dividend. The ex-dividend date is Monday, September 8th. This represents a $5.80 annualized dividend and a yield of 2.6%. FedEx’s dividend payout ratio is presently 34.36%.

Wall Street Analyst Weigh In

FDX has been the subject of several recent analyst reports. Dbs Bank upgraded FedEx from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 21st. The Goldman Sachs Group reduced their price target on FedEx from $290.00 to $276.00 and set a “buy” rating for the company in a research report on Friday, September 12th. Susquehanna reduced their price target on FedEx from $295.00 to $285.00 and set a “positive” rating for the company in a research report on Friday, September 12th. JPMorgan Chase & Co. cut their price objective on FedEx from $290.00 to $285.00 and set an “overweight” rating for the company in a research report on Friday, September 5th. Finally, TD Cowen lowered their target price on FedEx from $310.00 to $269.00 and set a “buy” rating on the stock in a research note on Wednesday, June 25th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, FedEx has an average rating of “Moderate Buy” and a consensus target price of $276.29.

Insiders Place Their Bets

In other FedEx news, Director Paul S. Walsh sold 3,610 shares of the business’s stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total transaction of $860,226.90. Following the completion of the sale, the director directly owned 15,513 shares of the company’s stock, valued at approximately $3,696,592.77. The trade was a 18.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director R Brad Martin sold 2,123 shares of the business’s stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $241.75, for a total value of $513,235.25. Following the sale, the director directly owned 8,935 shares of the company’s stock, valued at $2,160,036.25. This represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,343 shares of company stock worth $2,228,816. Corporate insiders own 0.53% of the company’s stock.

About FedEx

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.