Exchange Traded Concepts LLC Cuts Stock Holdings in FedEx Corporation $FDX

Exchange Traded Concepts LLC lowered its position in FedEx Corporation (NYSE:FDX) by 16.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,235 shares of the shipping service provider’s stock after selling 9,486 shares during the period. Exchange Traded Concepts LLC’s holdings in FedEx were worth $14,222,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDX. Vanguard Group Inc. boosted its position in FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after purchasing an additional 2,741,723 shares in the last quarter. Dodge & Cox increased its position in shares of FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after buying an additional 1,742,666 shares in the last quarter. Franklin Resources Inc. increased its position in shares of FedEx by 5.9% in the third quarter. Franklin Resources Inc. now owns 4,814,938 shares of the shipping service provider’s stock valued at $1,135,411,000 after buying an additional 269,567 shares in the last quarter. Invesco Ltd. raised its stake in shares of FedEx by 3.1% during the 3rd quarter. Invesco Ltd. now owns 3,618,898 shares of the shipping service provider’s stock worth $853,372,000 after buying an additional 108,426 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of FedEx by 169.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock worth $638,203,000 after buying an additional 1,718,278 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $479.00 price objective on shares of FedEx in a research note on Friday, February 13th. Raymond James Financial upped their price target on shares of FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Bank of America increased their price target on shares of FedEx from $431.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Barclays raised their price objective on shares of FedEx from $360.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Finally, Morgan Stanley upped their target price on FedEx from $220.00 to $230.00 and gave the company an “underweight” rating in a research note on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $393.85.

FedEx Stock Performance

Shares of NYSE FDX opened at $344.23 on Friday. The company has a market cap of $82.14 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 1.51 and a beta of 1.29. FedEx Corporation has a 12 month low of $194.29 and a 12 month high of $392.86. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. The company has a 50-day simple moving average of $355.42 and a 200-day simple moving average of $295.76.

FedEx (NYSE:FDX) last posted its quarterly earnings data 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. The business had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.51 earnings per share. On average, equities analysts anticipate that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be issued a $1.45 dividend. The ex-dividend date is Monday, March 9th. This represents a $5.80 annualized dividend and a yield of 1.7%. FedEx’s payout ratio is 30.87%.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 results topped expectations, management raised full‑year revenue growth to ~6.0–6.5%, and highlighted AI-driven efficiency gains plus new services (e.g., FedEx SameDay Local) that improve margin visibility and organic growth. A Look At FedEx (FDX) Valuation After Earnings Beat Guidance Hike And AI Efficiency Push
• Positive Sentiment: Analyst sentiment has turned constructive: FedEx is one of MarketBeat’s most‑upgraded names in 2026 with several raised price targets (consensus ~$394; some post‑earnings averages near $411), supplying directional support for the stock. Analyst Optimism: MarketBeat’s Most Upgraded Stocks of 2026 (FDX)
• Positive Sentiment: Planned spin‑off of the freight business is viewed as value‑unlocking: it could let the core package business and the freight unit trade at clearer, higher multiples; management has also returned capital via buybacks—an investor‑friendly sign. 5 Spin-Off Stocks That Could Reward Patient Investors in 2026 (FDX)
• Neutral Sentiment: Corporate/community activity: FedEx hosted a Marine Corps Career Readiness webinar—positive for ESG/brand but not directly material to near‑term financials. Preparing Tomorrow’s Leaders: FedEx and the Marine Corps Scholarship Foundation
• Neutral Sentiment: Human‑interest coverage about employee finances highlights operational realities at the ground level; anecdotal and not market moving. FedEx Driver Making $70K Scrambles For Side Gigs As Wife Battles Medical Issues
• Negative Sentiment: Competitive risk: Amazon is accelerating logistics and AI‑driven delivery investments to lower costs and speed, which could pressure pricing and share in certain lanes over time. Amazon Rides on New Logistics and Delivery Innovations: What’s Ahead?
• Negative Sentiment: Macro/geopolitical headwinds: recent market weakness and higher fuel/energy costs tied to the Iran conflict raise downside risk for volumes, margins and valuation multiples in the near term. Watch Planes, Trains & Automobiles for Crisis Clues

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.