National Pension Service Acquires 23,563 Shares of FedEx Corporation $FDX

National Pension Service boosted its stake in shares of FedEx Corporation (NYSE:FDX) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 633,376 shares of the shipping service provider’s stock after buying an additional 23,563 shares during the quarter. National Pension Service owned approximately 0.27% of FedEx worth $149,356,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Grey Fox Wealth Advisors LLC bought a new stake in FedEx during the third quarter valued at $27,000. Twin Peaks Wealth Advisors LLC bought a new stake in FedEx in the second quarter worth approximately $28,000. NewSquare Capital LLC lifted its stake in FedEx by 121.8% in the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after buying an additional 67 shares during the period. City Holding Co. boosted its holdings in shares of FedEx by 167.0% during the 3rd quarter. City Holding Co. now owns 267 shares of the shipping service provider’s stock worth $63,000 after buying an additional 167 shares in the last quarter. Finally, Quent Capital LLC bought a new stake in shares of FedEx in the 3rd quarter valued at $71,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on FDX shares. Morgan Stanley lifted their price target on shares of FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Friday, December 19th. BNP Paribas Exane set a $280.00 price target on FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft raised their price objective on FedEx from $276.00 to $322.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Argus upped their target price on FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Finally, Jefferies Financial Group lifted their price target on shares of FedEx from $315.00 to $326.00 and gave the company a “buy” rating in a research report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $303.86.

FedEx Stock Performance

FDX stock opened at $322.26 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The firm has a market cap of $75.77 billion, a PE ratio of 17.77, a P/E/G ratio of 1.61 and a beta of 1.35. The business has a 50 day moving average of $293.61 and a 200-day moving average of $257.19. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $322.75.

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

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were paid a $1.45 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.80 annualized dividend and a dividend yield of 1.8%. FedEx’s payout ratio is presently 31.97%.

About FedEx

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.