FedEx (NYSE:FDX) Given “Overweight” Rating at Stephens

Stephens reaffirmed their overweight rating on shares of FedEx (NYSE:FDX) in a research report report published on Tuesday,Benzinga reports. Stephens currently has a $435.00 target price on the shipping service provider’s stock.

Other research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $479.00 price objective on shares of FedEx in a research report on Friday, February 13th. Jefferies Financial Group boosted their price objective on FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. HSBC upgraded FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective for the company in a research report on Friday, March 20th. Raymond James Financial boosted their price objective on FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, Wells Fargo & Company boosted their price objective on FedEx from $430.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, March 20th. Eighteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, FedEx currently has an average rating of “Moderate Buy” and an average price target of $398.04.

FedEx Trading Down 0.5%

NYSE:FDX opened at $370.19 on Tuesday. FedEx has a 12-month low of $201.03 and a 12-month high of $392.86. The firm has a market capitalization of $88.33 billion, a P/E ratio of 19.70, a P/E/G ratio of 1.63 and a beta of 1.28. 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 business has a 50 day simple moving average of $366.82 and a 200 day simple moving average of $307.46.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The business had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. During the same quarter in the previous year, the firm posted $4.51 EPS. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. Equities research analysts predict that FedEx will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th were paid a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $5.80 annualized dividend and a yield of 1.6%. FedEx’s payout ratio is presently 30.87%.

Insider Buying and Selling at FedEx

In other FedEx news, EVP Kawal Preet sold 4,900 shares of FedEx stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $367.89, for a total transaction of $1,802,661.00. Following the sale, the executive vice president owned 10,953 shares of the company’s stock, valued at $4,029,499.17. The trade was a 30.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Gina F. Adams sold 20,450 shares of FedEx stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total value of $7,493,902.50. Following the sale, the executive vice president directly owned 19,403 shares in the company, valued at $7,110,229.35. The trade was a 51.31% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.53% of the stock is owned by insiders.

Institutional Trading of FedEx

A number of hedge funds and other institutional investors have recently modified their holdings of the company. OneAscent Financial Services LLC raised its stake in shares of FedEx by 1.7% in the 4th quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock worth $491,000 after buying an additional 29 shares in the last quarter. Arete Wealth Advisors LLC raised its stake in shares of FedEx by 1.7% in the 4th quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock worth $514,000 after buying an additional 30 shares in the last quarter. LRI Investments LLC raised its stake in shares of FedEx by 5.2% in the 4th quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock worth $183,000 after buying an additional 31 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in shares of FedEx by 11.9% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock worth $84,000 after buying an additional 31 shares in the last quarter. Finally, Legacy Bridge LLC raised its stake in shares of FedEx by 33.0% in the 4th quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider’s stock worth $38,000 after buying an additional 33 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Stephens reaffirmed an “overweight” rating and set a $435 price target, signaling continued analyst confidence in upside from current levels. Stephens Reaffirms Overweight, $435 PT
• Positive Sentiment: Another outlet reported a raised price target to $442, adding further upside pressure from analysts. Price Target Raised to $442
• Positive Sentiment: UBS said the CFO exit is “optically tough” but consistent with FedEx’s strategy and maintained a positive view — limiting the long-term negative read-through. UBS: Strategy Intact After CFO Exit
• Positive Sentiment: Reports note FedEx has reaffirmed its FY26 and FY29 financial outlook, which supports management’s guidance despite leadership changes. FedEx Reaffirms FY26 & FY29 Outlook
• Neutral Sentiment: Company press release: CFO John W. Dietrich will step down effective June 1 after the planned FedEx Freight spinoff; Claude Russ named interim CFO while a search is conducted. Press Release: CFO to Step Down
• Neutral Sentiment: Major news wires and financial outlets (Reuters) covered the CFO departure — broad market awareness could increase short-term volatility but the reports emphasize it follows the planned spinoff. Reuters: CFO Steps Down
• Neutral Sentiment: Sector action: consumer stocks were higher late afternoon, which may provide some market tailwinds for transportation names including FedEx. Sector Update: Consumer Stocks Rise
• Negative Sentiment: Insider sale: EVP Gina F. Adams sold 20,450 shares (~$7.49M at ~$366.45), reducing her stake by ~51%. Large insider selling can be interpreted negatively by investors. SEC Filing: Gina F. Adams Form 4
• Negative Sentiment: Insider sale: EVP Kawal Preet sold 4,900 shares (~$1.80M at ~$367.89), trimming ownership by ~31%, which adds to selling pressure concerns. SEC Filing: Kawal Preet Form 4

FedEx Company 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.