Thrivent Financial for Lutherans Sells 3,054 Shares of FedEx Corporation $FDX

Thrivent Financial for Lutherans decreased its position in shares of FedEx Corporation (NYSE:FDX) by 23.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,744 shares of the shipping service provider’s stock after selling 3,054 shares during the period. Thrivent Financial for Lutherans’ holdings in FedEx were worth $2,298,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FDX. Norges Bank acquired a new stake in shares of FedEx during the 2nd quarter worth approximately $605,497,000. AQR Capital Management LLC grew its stake in FedEx by 750.9% during the second quarter. AQR Capital Management LLC now owns 1,015,627 shares of the shipping service provider’s stock worth $230,862,000 after buying an additional 896,271 shares during the last quarter. Dodge & Cox increased its holdings in FedEx by 4.7% during the 2nd quarter. Dodge & Cox now owns 14,482,494 shares of the shipping service provider’s stock valued at $3,292,016,000 after purchasing an additional 649,426 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of FedEx by 228.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 795,495 shares of the shipping service provider’s stock worth $180,824,000 after purchasing an additional 553,628 shares during the last quarter. Finally, Amundi raised its stake in shares of FedEx by 162.0% in the second quarter. Amundi now owns 786,263 shares of the shipping service provider’s stock worth $188,027,000 after acquiring an additional 486,184 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx-led consortium agrees to buy InPost for ~€7.8B (~$9.2B), gaining a large European parcel-locker footprint that can strengthen e‑commerce last‑mile options and cross-border capabilities. This is viewed as strategic expansion into high-growth out‑of‑home delivery. Advent, FedEx-Led Consortium to Buy Parcel-Delivery Provider InPost for $9.2 Billion
• Positive Sentiment: Coverage shows the market reacted positively to the acquisition news (shares jumped), signaling investor approval of the strategic rationale and potential for revenue synergies in Europe. FedEx-Advent consortium moves to acquire InPost for $9.2bn as shares jump
• Positive Sentiment: Prominent bullish commentary from Jim Cramer praising CEO Raj Subramaniam and flagging FedEx ahead of an analyst meeting is driving retail interest and positive sentiment around management execution. Jim Cramer on FedEx: “CEO Raj Subramaniam Is One of My Heroes”
• Positive Sentiment: FedEx is emphasizing data products (new Retail Momentum Index; Dun & Bradstreet collaboration), which could open higher‑margin analytics and SaaS‑like revenue streams beyond core shipping. That narrative is supporting a re‑rating by some investors. FedEx Data Push Gains Focus With New Retail Momentum Index
• Neutral Sentiment: Zacks highlights FedEx as a strong value pick under certain style‑score frameworks, signaling some analysts see upside but not an immediate catalyst; useful for longer‑term investors assessing valuation. Here’s Why FedEx (FDX) is a Strong Value Stock

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on FDX shares. TD Cowen reaffirmed a “buy” rating on shares of FedEx in a research note on Friday, December 19th. Jefferies Financial Group upped their price objective on shares of FedEx from $315.00 to $326.00 and gave the company a “buy” rating in a research report on Friday, December 19th. HSBC lifted their price target on shares of FedEx from $235.00 to $285.00 and gave the company a “hold” rating in a research note on Friday, December 19th. Stephens lifted their target price on FedEx from $260.00 to $330.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. Finally, Evercore increased their price objective on shares of FedEx from $275.00 to $288.00 in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $319.26.

FedEx Trading Up 0.9%

Shares of NYSE:FDX opened at $367.83 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The stock has a market cap of $86.48 billion, a PE ratio of 20.28, a P/E/G ratio of 1.83 and a beta of 1.34. The business has a 50 day moving average of $305.71 and a 200-day moving average of $263.64. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $370.86.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. During the same quarter last year, the firm earned $4.05 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were paid a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, December 15th. FedEx’s payout ratio is 31.97%.

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.