Ascent Group LLC Takes Position in FedEx Corporation $FDX

Ascent Group LLC bought a new stake in shares of FedEx Corporation (NYSE:FDX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,428 shares of the shipping service provider’s stock, valued at approximately $413,000.

Several other institutional investors have also recently made changes to their positions in the company. Grey Fox Wealth Advisors LLC purchased a new stake in FedEx in the 3rd quarter worth $27,000. Wealth Watch Advisors INC purchased a new stake in FedEx in the 3rd quarter worth $28,000. Ameriflex Group Inc. increased its holdings in FedEx by 103.3% in the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after acquiring an additional 63 shares in the last quarter. Ulland Investment Advisors LLC purchased a new stake in FedEx in the 4th quarter worth $29,000. Finally, ORG Partners LLC increased its holdings in FedEx by 50.0% in the 4th quarter. ORG Partners LLC now owns 105 shares of the shipping service provider’s stock worth $30,000 after acquiring an additional 35 shares in the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

FDX has been the subject of several recent analyst reports. Susquehanna boosted their price target on shares of FedEx from $410.00 to $455.00 and gave the stock a “positive” rating in a report on Friday, March 20th. Jefferies Financial Group boosted their price target on shares of FedEx from $425.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. JPMorgan Chase & Co. boosted their price target on shares of FedEx from $424.00 to $432.00 and gave the stock a “neutral” rating in a report on Friday, March 20th. Bank of America boosted their price target on shares of FedEx from $431.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Finally, Raymond James Financial boosted their price target on shares of FedEx from $305.00 to $410.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $396.88.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx Freight laid out a clear spinoff blueprint at its inaugural investor day, targeting 10%–12% profit growth, 4%–6% revenue growth, and more than $1 billion of free cash flow as a standalone company ahead of the planned June 1 separation. Management emphasized margin expansion levers that could re-rate both the freight unit and the parent. Read More.
• Positive Sentiment: FedEx Freight provided concrete standalone financial goals (including a 12% operating margin target for 2026) and signaled a new NYSE ticker (FDXF), which reduces execution uncertainty around the split and supports investor confidence in the operational plan. Read More.
• Neutral Sentiment: Wolfe Research trimmed its price target slightly (from $427 to $423) but kept an “outperform” rating, indicating analyst conviction remains despite the small PT change. Read More.
• Neutral Sentiment: Argus Research and other analysts continue to express positive views on FDX’s long-term outlook, supporting the stock’s momentum but not removing near‑term execution or macro risks. Read More.
• Negative Sentiment: FedEx filed suit against a law firm alleging staged crashes and bogus injury claims tied to FedEx drivers — a legal and reputational issue that could lead to additional litigation costs and distractions for management. Read More.
• Negative Sentiment: A major Amazon–USPS delivery pact to handle over 1 billion packages annually raises competitive concerns for parcel volumes and pricing, particularly in e‑commerce flows that have historically benefited private carriers like FedEx. Investors may discount expectations for parcel growth if Amazon shifts more volume to the Postal Service. Read More.
• Negative Sentiment: Bearish commentary and “avoid” pieces highlight near‑term risks (fuel cost volatility, trade-policy shifts, and execution risk on the split), which could cap multiple expansion until Freight is separated and targets are proven. Read More.

FedEx Price Performance

FedEx stock opened at $373.07 on Thursday. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $392.86. The firm has a market capitalization of $89.02 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 1.59 and a beta of 1.28. The company has a fifty day simple moving average of $363.59 and a 200-day simple moving average of $303.07. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77.

FedEx (NYSE:FDX) last released its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The business had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. During the same quarter in the prior year, the firm earned $4.51 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. On average, equities analysts anticipate that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were issued a dividend of $1.45 per share. The ex-dividend date of this dividend was 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 presently 30.87%.

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.