FedEx (NYSE:FDX – Free Report) had its price target lifted by TD Cowen from $313.00 to $383.00 in a research report released on Friday morning, MarketBeat reports. The brokerage currently has a buy rating on the shipping service provider’s stock.
Several other equities analysts also recently issued reports on the stock. Argus upped their price objective on shares of FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Stifel Nicolaus set a $328.00 price target on FedEx in a research report on Friday, December 19th. Wolfe Research raised their price objective on shares of FedEx from $355.00 to $394.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 10th. Oppenheimer reissued a “market perform” rating on shares of FedEx in a report on Friday, December 19th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $355.50.
Get Our Latest Report on FedEx
FedEx Stock Performance
FedEx (NYSE:FDX – Get Free Report) last released its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. The business had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Sell-side analysts predict that FedEx will post 19.14 earnings per share for the current fiscal year.
FedEx Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be 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 is Monday, March 9th. FedEx’s dividend payout ratio (DPR) is presently 31.97%.
Institutional Trading of FedEx
A number of institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new position in shares of FedEx during the 4th quarter worth $859,085,000. Vanguard Group Inc. increased its holdings in FedEx by 13.2% during the 3rd 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 in the last quarter. Boston Partners purchased a new stake in shares of FedEx in the third quarter valued at about $468,195,000. Dodge & Cox lifted its holdings in shares of 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 purchasing an additional 1,742,666 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of FedEx by 169.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock worth $638,203,000 after purchasing an additional 1,718,278 shares in the last quarter. 84.47% of the stock is currently owned by hedge funds and other institutional investors.
Key FedEx News
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: Multiple analysts raised price targets and reiterated buy/outperform views, supporting upside expectations and fueling investor momentum. Jefferies raised its target to $425 and kept a buy rating. Read More.
- Positive Sentiment: Bank of America, Wolfe Research and TD Cowen also boosted targets/ratings, reinforcing consensus bullishness on FDX’s growth and margin plans. Read More.
- Positive Sentiment: FedEx detailed multi‑year targets at Investor Day (higher revenue ambition, focus on high‑margin B2B and network transformation) that underpin stronger profit and cash‑flow outlooks. Investors interpret this as tangible upside to valuation if execution continues. Read More.
- Positive Sentiment: The board declared a quarterly cash dividend of $1.45, a direct return to shareholders that supports the stock’s appeal to income‑oriented investors. Read More.
- Neutral Sentiment: FedEx joined the Hedera Council to explore distributed infrastructure for digital supply chains — a strategic, longer‑term tech partnership that could improve visibility but is not an immediate earnings driver. Read More.
- Neutral Sentiment: Industry coverage highlights rising warehouse automation (including FedEx) — improves long‑term cost structure but requires capital and workforce transition. Read More.
- Neutral Sentiment: A technical trading signal flagged around $369.69 and briefly drove intraday momentum; useful for short‑term traders but not a fundamental catalyst. Read More.
- Negative Sentiment: Some market commentary flagged a weaker “catalyst” profile despite the strong run, suggesting that absent concrete near‑term operational beats the stock could pause. This cautions momentum traders about timing. Read More.
- Negative Sentiment: Evercore raised its target to $364 — still below the current price — reflecting at least one analyst’s more conservative near‑term view and adding a counterpoint to the broad upgrade trend. Read More.
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.
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