Hudson Bay Capital Management LP Trims Stock Holdings in FedEx Corporation $FDX

Hudson Bay Capital Management LP lowered its stake in shares of FedEx Corporation (NYSE:FDX) by 79.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,134 shares of the shipping service provider’s stock after selling 44,018 shares during the period. Hudson Bay Capital Management LP’s holdings in FedEx were worth $2,626,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Saranac Partners Ltd acquired a new position in FedEx in the 3rd quarter valued at about $183,000. Severin Investments LLC purchased a new stake in shares of FedEx during the third quarter worth about $354,000. Allworth Financial LP grew its holdings in shares of FedEx by 9.0% during the third quarter. Allworth Financial LP now owns 11,582 shares of the shipping service provider’s stock worth $2,731,000 after buying an additional 961 shares in the last quarter. IFP Advisors Inc raised its position in shares of FedEx by 14.9% in the third quarter. IFP Advisors Inc now owns 2,564 shares of the shipping service provider’s stock valued at $605,000 after buying an additional 332 shares during the last quarter. Finally, Swiss Life Asset Management Ltd raised its position in shares of FedEx by 16.8% in the third quarter. Swiss Life Asset Management Ltd now owns 27,319 shares of the shipping service provider’s stock valued at $6,442,000 after buying an additional 3,923 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Stock Up 0.7%

FDX opened at $358.44 on Friday. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $392.86. The firm has a 50 day moving average price of $351.21 and a 200 day moving average price of $291.29. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27. The company has a market cap of $84.28 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 1.70 and a beta of 1.29.

FedEx (NYSE:FDX) last announced its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating analysts’ consensus estimates of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 17.03%. The firm had revenue of $24 billion for the quarter, compared to analysts’ expectations of $23.44 billion. During the same period in the previous year, the company posted $4.51 earnings per share. FedEx’s revenue was up 8.3% compared to the same quarter last year. Sell-side analysts expect that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be issued a $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, March 9th. FedEx’s dividend payout ratio is currently 30.87%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on FDX shares. Weiss Ratings restated a “buy (b-)” rating on shares of FedEx in a research report on Monday, December 29th. Argus increased their price target on FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. BMO Capital Markets raised their price objective on FedEx from $400.00 to $410.00 and gave the stock a “market perform” rating in a report on Friday. Susquehanna lifted their price objective on FedEx from $410.00 to $455.00 and gave the company a “positive” rating in a research report on Friday. Finally, Stephens upped their target price on FedEx from $405.00 to $435.00 and gave the company an “overweight” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $393.85.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

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.