Callan Family Office LLC Lowers Stake in FedEx Corporation $FDX

Callan Family Office LLC decreased its position in FedEx Corporation (NYSE:FDX) by 11.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,831 shares of the shipping service provider’s stock after selling 4,815 shares during the period. Callan Family Office LLC’s holdings in FedEx were worth $8,921,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in FedEx by 1.0% during the second quarter. Vanguard Group Inc. now owns 20,700,326 shares of the shipping service provider’s stock valued at $4,705,391,000 after purchasing an additional 211,165 shares in the last quarter. Dodge & Cox boosted its holdings 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 valued at $3,292,016,000 after acquiring an additional 649,426 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of FedEx by 0.6% in the second quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock worth $1,124,524,000 after buying an additional 28,450 shares during the last quarter. Franklin Resources Inc. boosted its holdings in FedEx by 2.1% during the second quarter. Franklin Resources Inc. now owns 4,545,371 shares of the shipping service provider’s stock worth $1,033,208,000 after buying an additional 94,136 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its position in FedEx by 28,080.9% during 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 in the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Trading Up 4.1%

FDX opened at $335.31 on Tuesday. The firm has a market cap of $78.84 billion, a price-to-earnings ratio of 18.48, a price-to-earnings-growth ratio of 1.62 and a beta of 1.35. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $335.61. The business’s 50 day moving average is $294.97 and its two-hundred day moving average is $258.15. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

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 analysts’ consensus estimates of $4.02 by $0.80. The company 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 for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, research analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were issued 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 1.7%. FedEx’s dividend payout ratio (DPR) is 31.97%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FDX. Raymond James Financial boosted their price target on FedEx from $255.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Truist Financial lifted their price objective on FedEx from $285.00 to $330.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. BNP Paribas Exane set a $280.00 target price on FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Sanford C. Bernstein raised their target price on FedEx from $250.00 to $306.00 and gave the stock a “market perform” rating in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on FedEx from $276.00 to $322.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $303.86.

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.