FORA Capital LLC lowered its stake in shares of FedEx Corporation (NYSE:FDX – Free Report) by 64.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,303 shares of the shipping service provider’s stock after selling 16,931 shares during the quarter. FORA Capital LLC’s holdings in FedEx were worth $2,194,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. New York State Teachers Retirement System grew its position in shares of FedEx by 2.3% during 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 buying an additional 4,734 shares in the last quarter. D.A. Davidson & CO. raised its holdings in FedEx by 10.6% in the third quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock valued at $11,419,000 after acquiring an additional 4,634 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in FedEx by 11.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider’s stock worth $8,243,000 after acquiring an additional 3,514 shares during the last quarter. Savant Capital LLC grew its holdings in FedEx by 32.5% during 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% in the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock valued at $5,679,000 after purchasing an additional 6,234 shares during the last quarter. 84.47% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the stock. Argus raised their price objective on shares of FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Susquehanna dropped their target price on FedEx from $345.00 to $340.00 in a report on Tuesday, December 23rd. BMO Capital Markets raised their price target on FedEx from $290.00 to $400.00 and gave the company a “market perform” rating in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $479.00 price target on shares of FedEx in a report on Friday, February 13th. Finally, UBS Group increased their price objective on FedEx from $314.00 to $412.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $371.19.
FedEx Stock Performance
Shares of FDX stock opened at $352.09 on Friday. The stock’s 50-day moving average price is $346.49 and its 200 day moving average price is $286.56. 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 stock has a market capitalization of $82.78 billion, a PE ratio of 19.41, a price-to-earnings-growth ratio of 1.68 and a beta of 1.29. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $392.86.
FedEx (NYSE:FDX – Get Free Report) 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 for the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company’s revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts forecast that FedEx Corporation will post 19.14 EPS for the current year.
FedEx Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, March 9th. FedEx’s dividend payout ratio (DPR) is 31.97%.
Trending Headlines about FedEx
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: FedEx is accelerating an AI overhaul — the company plans to replace legacy systems and deploy AI “agents” in >50% of core workflows by 2028, aiming to boost productivity and cut operating costs if execution goes smoothly. FedEx Replaces Legacy Tech to Empower AI Agents
- Positive Sentiment: Analyst optimism: JPMorgan is forecasting strong price appreciation for FDX, supporting buyer interest and helping justify the recent run-up. JPMorgan Forecasts Strong Price Appreciation for FedEx
- Positive Sentiment: Street expects FedEx to beat upcoming earnings; consensus commentary highlights revenue leverage and margin upside, which can sustain momentum into the report. FedEx Expected to Beat Earnings Estimates
- Positive Sentiment: Product/ESG initiative: FedEx is offering reusable packaging for closed-loop B2B shipping — a small but positive signal for cost savings and sustainability-focused customers. FedEx Offers Reusable Packaging
- Neutral Sentiment: Investor day materials and slides have been published, giving more transparency on strategy (AI, margins, capital allocation) but much depends on execution and updated guidance. Analyst/Investor Day Slideshow
- Negative Sentiment: Legal risk: FedEx is suing the U.S. government to limit exposure to multibillion-dollar class-action suits over surcharge collections — ongoing litigation could create headline risk and potential liabilities. Why FedEx Is Suing US Government
- Negative Sentiment: Valuation concerns: some analysts argue the stock’s >50% one‑year rally leaves limited margin of safety and that valuation may be extended — this is weighing on more value‑oriented investors. Valuation Has Already Traveled Quite Too Far
- Negative Sentiment: Macro/trade risk: reports that the U.S. is considering higher tariffs add uncertainty for global volumes and costs, a potential headwind for freight demand and margins. Trump Tariffs Live Updates
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.
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