Alberta Investment Management Corp Has $590,000 Position in FedEx Corporation $FDX

Alberta Investment Management Corp lowered its holdings in shares of FedEx Corporation (NYSE:FDX) by 93.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,500 shares of the shipping service provider’s stock after selling 35,600 shares during the period. Alberta Investment Management Corp’s holdings in FedEx were worth $590,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of 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 in the last quarter. Dodge & Cox boosted its holdings in FedEx by 4.7% in 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 during the period. Geode Capital Management LLC grew its position in FedEx by 0.6% during the second quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock worth $1,124,524,000 after buying an additional 28,450 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of FedEx by 2.1% during the second quarter. Franklin Resources Inc. now owns 4,545,371 shares of the shipping service provider’s stock worth $1,033,208,000 after purchasing an additional 94,136 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of FedEx by 7.5% during the 2nd quarter. Invesco Ltd. now owns 3,510,472 shares of the shipping service provider’s stock worth $797,965,000 after acquiring an additional 245,479 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Price Performance

FDX stock opened at $382.90 on Friday. FedEx Corporation has a 12 month low of $194.29 and a 12 month high of $384.40. The firm has a market cap of $90.03 billion, a P/E ratio of 21.11, a P/E/G ratio of 1.83 and a beta of 1.34. 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 company’s 50-day moving average price is $319.48 and its two-hundred day moving average price is $270.29.

FedEx (NYSE:FDX) last issued its earnings results 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 firm 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 company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, analysts anticipate that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be issued a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.5%. FedEx’s dividend payout ratio (DPR) is 31.97%.

Analyst Ratings Changes

FDX has been the subject of a number of recent research reports. Evercore increased their target price on FedEx from $288.00 to $364.00 in a report on Friday, February 13th. Wall Street Zen upgraded FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. Rothschild & Co Redburn set a $271.00 price objective on shares of FedEx in a report on Wednesday, January 21st. Barclays increased their target price on FedEx from $360.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Finally, Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, FedEx currently has an average rating of “Moderate Buy” and a consensus target price of $358.00.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Operational overhaul and FedEx Freight spin-off are gaining traction; management’s Network 2.0 and DRIVE programs are showing concrete cost actions and margin improvement potential, a key reason investors are re-rating the stock. FedEx (FDX) Valuation Check As Profitability Efforts And Operational Overhaul Gain Traction
• Positive Sentiment: Analyst upgrades and higher price targets are adding momentum: Zacks upgraded FDX to “strong-buy,” and other firms have raised targets, reinforcing the bullish case. Zacks Research TickerReport
• Positive Sentiment: CFO John Dietrich’s plan to save $2 billion by end of 2027 gives investors a clearer path to margin expansion and cash generation, supporting forward EPS targets. How FedEx CFO John Dietrich plans to save $2 billion by the end of 2027
• Neutral Sentiment: Consensus analyst stance is broadly positive-to-moderate: aggregate ratings cluster around “moderate buy,” indicating limited near-term downgrade risk but varied opinions on upside. FedEx Given Average Rating of “Moderate Buy”
• Neutral Sentiment: FedEx has outperformed some transportation peers recently and posted better Q4 results, a backdrop that supports continued interest but may already be priced in. Is FedEx Outpacing Peers?
• Negative Sentiment: The InPost consortium acquisition is strategically important for European last-mile economics but has drawn criticism as an expensive purchase, raising concerns about execution and potential dilution of near-term returns. InPost: Acquisition By FedEx Consortium At A Disappointing Price
• Negative Sentiment: Macro and operational risks remain — removal of the de minimis exemption, pilot contract mediation and trade volatility represent tangible near-term headwinds (management says situations are stabilizing but risks persist). FedEx execs: trade situation stabilized

FedEx 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.