Alight Capital Management LP Decreases Stake in FedEx Corporation $FDX

Alight Capital Management LP lessened its holdings in shares of FedEx Corporation (NYSE:FDX) by 45.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,000 shares of the shipping service provider’s stock after selling 9,000 shares during the period. Alight Capital Management LP’s holdings in FedEx were worth $2,594,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FDX. New York State Teachers Retirement System lifted 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 valued at $48,831,000 after purchasing an additional 4,734 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of FedEx by 10.6% during the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock worth $11,419,000 after purchasing an additional 4,634 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of FedEx by 11.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider’s stock worth $8,243,000 after purchasing an additional 3,514 shares during the last quarter. Savant Capital LLC raised its position in shares of 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 purchasing an additional 9,806 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in 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 buying an additional 6,234 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Key FedEx News

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 Price Performance

FDX stock opened at $352.09 on Friday. The stock has a market capitalization of $82.78 billion, a price-to-earnings ratio of 19.41, a price-to-earnings-growth ratio of 1.67 and a beta of 1.29. 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 Corporation has a 52-week low of $194.29 and a 52-week high of $392.86. The stock’s fifty day simple moving average is $346.49 and its 200-day simple moving average is $286.95.

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

FedEx Announces Dividend

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 paid a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s dividend payout ratio is currently 31.97%.

Analyst Ratings Changes

FDX has been the topic of a number of analyst reports. Stifel Nicolaus set a $412.00 target price on FedEx in a report on Friday, February 13th. BNP Paribas Exane set a $280.00 price target on FedEx and gave the stock a “neutral” rating in a report on Tuesday, January 13th. The Goldman Sachs Group increased their price objective on FedEx from $364.00 to $369.00 and gave the company a “buy” rating in a research note on Friday. UBS Group lifted their price objective on FedEx from $314.00 to $412.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Bank of America boosted their target price on shares of FedEx from $408.00 to $414.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $371.19.

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.