Bleakley Financial Group LLC Takes $2.46 Million Position in FedEx Corporation $FDX

Bleakley Financial Group LLC purchased a new position in FedEx Corporation (NYSE:FDX) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,441 shares of the shipping service provider’s stock, valued at approximately $2,462,000.

Other hedge funds have also bought and sold shares of the company. New York State Teachers Retirement System grew its holdings in shares of FedEx by 2.3% in the third quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock worth $48,831,000 after purchasing an additional 4,734 shares during the last quarter. D.A. Davidson & CO. boosted its position in FedEx by 10.6% in the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock valued at $11,419,000 after buying an additional 4,634 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in FedEx by 11.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider’s stock valued at $8,243,000 after buying an additional 3,514 shares during the period. Savant Capital LLC grew its stake in FedEx by 32.5% in the 3rd quarter. Savant Capital LLC now owns 40,019 shares of the shipping service provider’s stock worth $9,437,000 after acquiring an additional 9,806 shares in the last quarter. Finally, Pacer Advisors Inc. increased its position in shares of FedEx by 34.9% during the third quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock worth $5,679,000 after acquiring an additional 6,234 shares during the period. Institutional investors own 84.47% of the company’s stock.

FedEx Stock Down 1.3%

Shares of FedEx stock opened at $383.30 on Tuesday. 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 company has a market cap of $90.12 billion, a P/E ratio of 21.13, a PEG ratio of 1.85 and a beta of 1.33. The firm’s 50 day moving average price is $323.60 and its 200-day moving average price is $273.26. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $391.65.

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

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be issued a dividend of $1.45 per share. The ex-dividend date is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.5%. FedEx’s dividend payout ratio is 31.97%.

Wall Street Analyst Weigh In

FDX has been the subject of a number of research reports. Sanford C. Bernstein upgraded FedEx from a “market perform” rating to an “outperform” rating and set a $427.00 price target for the company in a report on Tuesday, February 3rd. Stifel Nicolaus set a $412.00 target price on FedEx in a report on Friday, February 13th. Citigroup raised their price target on FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. restated a “neutral” rating on shares of FedEx in a report on Tuesday, January 20th. Finally, Rothschild & Co Redburn set a $271.00 target price on shares of FedEx in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $358.00.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx sued the U.S. seeking a full refund (plus interest) of tariffs the Supreme Court recently ruled unlawful — a successful recovery could materially improve cash flow and reduce past duty expenses. FedEx sues U.S. seeking full refund of Trump tariffs
• Positive Sentiment: Bernstein reaffirmed a Buy rating on FDX, which supports investor confidence in FedEx’s operational turnaround and long-term earnings trajectory. Bernstein Sticks to Their Buy Rating for FedEx (FDX)
• Positive Sentiment: Reported insider buying (Rep. Gilbert Ray Cisneros, Jr. acquired FDX shares) can be viewed as a mild positive signal about management and outlook. FedEx (NYSE:FDX) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.
• Neutral Sentiment: Analyst comparison pieces (e.g., UPS vs. FDX) highlight valuation and margin differences; useful context but not an immediate catalyst. UPS vs. FDX: Which Parcel Delivery Giant Offers Greater Potential Now?
• Neutral Sentiment: Coverage notes the Supreme Court tariff decision won’t meaningfully boost small-package volumes, limiting near-term revenue upside from the ruling. Tariff Decision Doesn’t Give FedEx and UPS a Bump on Small Packages
• Negative Sentiment: Shares snapped a six-session winning streak, indicating profit-taking and short-term selling pressure after the run-up. FedEx shares snapped six-session winning streak
• Negative Sentiment: Legal recovery is uncertain in size and timing; FedEx did not specify an amount sought and litigation may take time, so the headline can create near-term volatility rather than immediate financial benefit. FedEx Sues for Refund of Trump Tariffs Rejected by Supreme Court

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.