Dynasty Wealth Management LLC Invests $770,000 in FedEx Corporation $FDX

Dynasty Wealth Management LLC acquired a new stake in shares of FedEx Corporation (NYSE:FDX) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,266 shares of the shipping service provider’s stock, valued at approximately $770,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FDX. Valeo Financial Advisors LLC grew its holdings in shares of FedEx by 28,080.9% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock valued at $850,948,000 after acquiring an additional 3,730,273 shares in the last quarter. Norges Bank acquired a new stake in FedEx during the second quarter valued at $605,497,000. AQR Capital Management LLC grew its stake in FedEx by 750.9% in the second quarter. AQR Capital Management LLC now owns 1,015,627 shares of the shipping service provider’s stock valued at $230,862,000 after purchasing an additional 896,271 shares in the last quarter. Dodge & Cox increased its position in FedEx by 4.7% in the 2nd quarter. Dodge & Cox now owns 14,482,494 shares of the shipping service provider’s stock worth $3,292,016,000 after purchasing an additional 649,426 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of FedEx by 228.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 795,495 shares of the shipping service provider’s stock worth $180,824,000 after purchasing an additional 553,628 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Stock Down 2.4%

FDX stock opened at $300.92 on Wednesday. The stock has a market capitalization of $70.75 billion, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 1.55 and a beta of 1.35. The company has a 50-day moving average of $286.29 and a two-hundred day moving average of $253.07. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $318.83. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.80. The business had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were given a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.80 dividend on an annualized basis and a yield of 1.9%. FedEx’s payout ratio is 31.97%.

Analyst Ratings Changes

FDX has been the subject of several recent research reports. Stephens boosted their price target on FedEx from $260.00 to $330.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. Wall Street Zen raised shares of FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Royal Bank Of Canada downgraded shares of FedEx to a “sector perform” rating in a report on Wednesday, December 17th. Stifel Nicolaus set a $328.00 price objective on shares of FedEx in a report on Friday, December 19th. Finally, Raymond James Financial increased their target price on shares of FedEx from $255.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $302.65.

FedEx Profile

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.