Rep. Maria Elvira Salazar Buys FedEx Corporation (NYSE:FDX) Stock

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of FedEx Corporation (NYSE:FDX). In a filing disclosed on April 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in FedEx stock on March 25th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 3/25/2026.
• Purchased $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 3/24/2026.
• Purchased $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 3/24/2026.
• Purchased $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 3/24/2026.
• Purchased $15,001 – $50,000 in shares of Boeing (NYSE:BA) on 3/19/2026.
• Purchased $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of FedEx (NYSE:FDX) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of Ulta Beauty (NASDAQ:ULTA) on 3/19/2026.

FedEx Price Performance

FDX stock opened at $386.18 on Thursday. The stock has a market capitalization of $92.15 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 1.73 and a beta of 1.28. The company’s 50-day moving average is $369.13 and its 200-day moving average is $313.09. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. FedEx Corporation has a 1 year low of $204.33 and a 1 year high of $399.67.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share 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 company had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. During the same quarter in the prior year, the business posted $4.51 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. Equities research analysts expect that FedEx Corporation will post 19.72 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were given a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, March 9th. FedEx’s dividend payout ratio is 30.87%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FDX. Norges Bank purchased a new position in FedEx in the fourth quarter valued at about $859,085,000. Vanguard Group Inc. boosted its stake in FedEx by 13.2% in the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after acquiring an additional 2,741,723 shares during the last quarter. Boston Partners purchased a new position in FedEx in the third quarter valued at about $468,195,000. Dodge & Cox boosted its stake in 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 acquiring an additional 1,742,666 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in FedEx by 169.2% in the third quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock valued at $638,203,000 after acquiring an additional 1,718,278 shares during the last quarter. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at FedEx

In other FedEx news, EVP Kawal Preet sold 4,900 shares of the business’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the transaction, the executive vice president directly owned 10,953 shares in the company, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Tracy B. Brightman sold 16,959 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the completion of the transaction, the executive vice president owned 11,052 shares in the company, valued at approximately $4,017,070.44. The trade was a 60.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 48,104 shares of company stock valued at $17,599,006 in the last three months. Insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FDX shares. JPMorgan Chase & Co. restated a “neutral” rating on shares of FedEx in a report on Thursday, April 9th. UBS Group upped their target price on shares of FedEx from $412.00 to $446.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Rothschild & Co Redburn upped their target price on shares of FedEx from $317.00 to $371.00 and gave the stock a “neutral” rating in a report on Tuesday, February 24th. Susquehanna upped their target price on shares of FedEx from $410.00 to $455.00 and gave the stock a “positive” rating in a report on Friday, March 20th. Finally, Citigroup upped their target price on shares of FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Eighteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, FedEx has a consensus rating of “Moderate Buy” and an average target price of $398.04.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

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.