AEGON ASSET MANAGEMENT UK Plc Acquires 33,952 Shares of FedEx Corporation $FDX

AEGON ASSET MANAGEMENT UK Plc grew its stake in shares of FedEx Corporation (NYSE:FDX) by 70.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 81,923 shares of the shipping service provider’s stock after purchasing an additional 33,952 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in FedEx were worth $19,310,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. New York State Teachers Retirement System grew its position in FedEx by 2.3% in the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock worth $48,831,000 after purchasing an additional 4,734 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of FedEx by 10.6% during the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock worth $11,419,000 after buying an additional 4,634 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of FedEx by 34.9% in the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock worth $5,679,000 after buying an additional 6,234 shares during the last quarter. CWM LLC grew its holdings in shares of FedEx by 244.4% in the third quarter. CWM LLC now owns 81,709 shares of the shipping service provider’s stock valued at $19,268,000 after acquiring an additional 57,983 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of FedEx by 24.3% in the second quarter. Oppenheimer Asset Management Inc. now owns 262,121 shares of the shipping service provider’s stock valued at $59,583,000 after acquiring an additional 51,294 shares in the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on FDX. Morgan Stanley lifted their price target on FedEx from $200.00 to $210.00 and gave the stock an “underweight” rating in a report on Friday, December 19th. Wells Fargo & Company raised their target price on FedEx from $290.00 to $295.00 and gave the company an “equal weight” rating in a research report on Friday, December 19th. Citigroup boosted their price target on shares of FedEx from $310.00 to $327.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. Finally, Susquehanna lowered their price objective on shares of FedEx from $345.00 to $340.00 in a research report on Tuesday, December 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, FedEx currently has a consensus rating of “Hold” and a consensus target price of $303.86.

FedEx Stock Performance

NYSE FDX opened at $304.22 on Monday. The company’s 50 day moving average is $288.62 and its 200-day moving average is $254.55. The firm has a market cap of $71.53 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.53 and a beta of 1.35. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $318.83. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. The business had revenue of $23.47 billion during the quarter, compared to analyst estimates of $22.79 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. FedEx’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Sell-side analysts predict that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were paid a $1.45 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.80 annualized dividend and a yield of 1.9%. FedEx’s dividend payout ratio (DPR) is currently 31.97%.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched a private offering of senior notes to finance the planned FedEx Freight spin-off — a concrete step that advances the separation and could unlock value if executed as planned. FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
• Positive Sentiment: Argus upgraded FedEx to a “strong-buy,” signaling bullish analyst conviction that could support the stock if other investors follow. FedEx (NYSE:FDX) Stock Price Expected to Rise, Argus Analyst Says
• Positive Sentiment: Several value-oriented write-ups highlight FedEx as a long-term value opportunity (Zacks, MSN), reinforcing a narrative that recent operational changes and potential spin-off benefits make FDX attractive on valuation metrics. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: J.P. Morgan keeps a Hold rating — a reminder that tier-1 coverage remains cautious despite corporate activity; this tempers conviction among some institutional investors. J.P. Morgan Maintains Hold Rating on FedEx: What Investors Should Know
• Neutral Sentiment: High-profile endorsement: Jim Cramer has publicly praised the CEO and FedEx’s strategy, which can help sentiment but may not move fundamentals immediately. FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer
• Negative Sentiment: FedEx outlined a major overhaul of its French operations that could cut up to 500 jobs and involves up to €78M in investment — a move that carries near-term restructuring costs, potential service disruption and execution risk that investors may penalize. FedEx to cut up to 500 jobs in France; restructures operations FedEx Details French Operations Overhaul, Job Cuts Expected
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FedEx to Neutral, arguing that recent rally already priced in the benefits of the LTL spin-off — a viewpoint that can sap momentum and contributed to today’s weaker trade. Rothschild & Co Redburn Downgrades FedEx (NYSE:FDX) to Neutral

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.