Envestnet Portfolio Solutions Inc. Boosts Holdings in FedEx Corporation $FDX

Envestnet Portfolio Solutions Inc. grew its stake in shares of FedEx Corporation (NYSE:FDX) by 96.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,137 shares of the shipping service provider’s stock after purchasing an additional 10,353 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in FedEx were worth $4,984,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in FedEx by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 20,700,326 shares of the shipping service provider’s stock valued at $4,705,391,000 after acquiring an additional 211,165 shares in the last quarter. Dodge & Cox raised its position in shares of 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 acquiring an additional 649,426 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of FedEx by 0.6% in the 2nd quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock valued at $1,124,524,000 after purchasing an additional 28,450 shares during the period. Franklin Resources Inc. boosted its position in shares of FedEx by 2.1% during the second quarter. Franklin Resources Inc. now owns 4,545,371 shares of the shipping service provider’s stock valued at $1,033,208,000 after purchasing an additional 94,136 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in FedEx by 28,080.9% in the second quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock worth $850,948,000 after purchasing an additional 3,730,273 shares during the period. 84.47% of the stock is owned by institutional investors.

FedEx Trading Down 1.8%

Shares of NYSE FDX opened at $304.22 on Friday. The firm’s 50 day moving average price is $288.62 and its 200-day moving average price is $254.42. 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 quick ratio of 1.23 and a current ratio of 1.27. The company has a market cap of $71.53 billion, a PE ratio of 16.77, a P/E/G ratio of 1.53 and a beta of 1.35.

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

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were given a $1.45 dividend. 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%.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched a private offering of senior notes to finance the planned FedEx Freight spin-off — a concrete step that advances the separation and could unlock value if executed as planned. FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
• Positive Sentiment: Argus upgraded FedEx to a “strong-buy,” signaling bullish analyst conviction that could support the stock if other investors follow. FedEx (NYSE:FDX) Stock Price Expected to Rise, Argus Analyst Says
• Positive Sentiment: Several value-oriented write-ups highlight FedEx as a long-term value opportunity (Zacks, MSN), reinforcing a narrative that recent operational changes and potential spin-off benefits make FDX attractive on valuation metrics. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: J.P. Morgan keeps a Hold rating — a reminder that tier-1 coverage remains cautious despite corporate activity; this tempers conviction among some institutional investors. J.P. Morgan Maintains Hold Rating on FedEx: What Investors Should Know
• Neutral Sentiment: High-profile endorsement: Jim Cramer has publicly praised the CEO and FedEx’s strategy, which can help sentiment but may not move fundamentals immediately. FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer
• Negative Sentiment: FedEx outlined a major overhaul of its French operations that could cut up to 500 jobs and involves up to €78M in investment — a move that carries near-term restructuring costs, potential service disruption and execution risk that investors may penalize. FedEx to cut up to 500 jobs in France; restructures operations FedEx Details French Operations Overhaul, Job Cuts Expected
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FedEx to Neutral, arguing that recent rally already priced in the benefits of the LTL spin-off — a viewpoint that can sap momentum and contributed to today’s weaker trade. Rothschild & Co Redburn Downgrades FedEx (NYSE:FDX) to Neutral

Wall Street Analysts Forecast Growth

Several equities analysts have commented on FDX shares. Truist Financial raised their price objective on FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Bank of America raised shares of FedEx from a “neutral” rating to a “buy” rating and set a $365.00 price objective on the stock in a research note on Friday, January 9th. BNP Paribas Exane set a $280.00 price objective on shares of FedEx and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Raymond James Financial lifted their target price on shares of FedEx from $255.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, December 22nd. Finally, Morgan Stanley boosted their price target on FedEx from $200.00 to $210.00 and gave the stock an “underweight” rating in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, FedEx presently has an average rating of “Hold” and an average target price of $303.86.

FedEx Company 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.