Clearstead Advisors LLC boosted its position in FedEx Corporation (NYSE:FDX – Free Report) by 26.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,166 shares of the shipping service provider’s stock after purchasing an additional 1,693 shares during the period. Clearstead Advisors LLC’s holdings in FedEx were worth $1,926,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. BHK Investment Advisors LLC boosted its stake in shares of FedEx by 1.4% during the 3rd quarter. BHK Investment Advisors LLC now owns 3,074 shares of the shipping service provider’s stock worth $725,000 after acquiring an additional 41 shares during the period. Probity Advisors Inc. lifted its holdings in FedEx by 2.2% during the 3rd quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock valued at $467,000 after purchasing an additional 43 shares during the last quarter. Joel Isaacson & Co. LLC lifted its holdings in FedEx by 1.7% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,617 shares of the shipping service provider’s stock valued at $617,000 after purchasing an additional 44 shares during the last quarter. Triglav Investments D.O.O. boosted its position in FedEx by 0.8% during the third quarter. Triglav Investments D.O.O. now owns 5,704 shares of the shipping service provider’s stock worth $1,344,000 after purchasing an additional 44 shares during the period. Finally, NORTHSTAR ASSET MANAGEMENT Co increased its holdings in shares of FedEx by 1.2% in the third quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 3,890 shares of the shipping service provider’s stock valued at $917,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.
More FedEx News
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: FedEx has sued the U.S. government in the U.S. Court of International Trade seeking a full refund of IEEPA tariffs it paid; a successful recovery could materially offset last year’s ~ $1B profit hit and improve forward earnings visibility. FedEx sues U.S. seeking full refund of Trump tariffs
- Positive Sentiment: Analysts have been raising targets on FDX (Evercore, Rothschild/Redburn among them), reflecting improved earnings expectations and supporting the stock’s near‑term momentum. Evercore ISI adjusts price target on FedEx to 380 from 364
- Neutral Sentiment: Media and legal coverage signal this could be the first of many corporate suits seeking refunds; FedEx’s move positions it as a leader but also means prolonged litigation and policy risk. Corporate America’s Growing Quest for Tariff Refunds
- Neutral Sentiment: Coverage notes FedEx didn’t disclose the refund amount requested and it’s unclear whether recovered funds would flow to FedEx’s P&L or be passed back to customers — outcome uncertainty limits how quickly the market prices in benefits. FedEx is the first major company to sue for a full tariff refund after Supreme Court leaves payback open-ended
- Neutral Sentiment: Technicals and analyst optimism have pushed FDX to multi‑month/all‑time highs, supporting momentum buying even as legal questions play out. Can FedEx Stock Continue to Deliver?
- Negative Sentiment: A shipper has sued FedEx seeking repayment of tariffs FedEx collected on small‑parcel shipments, creating a potential liability and reputational/headache risk if FedEx is found responsible for passing refunds back to customers. Customer sues FedEx for refund after Supreme Court rejects Trump tariffs
FedEx Trading Up 0.7%
FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.02 by $0.80. The firm had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, research analysts predict 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. Shareholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, March 9th. FedEx’s dividend payout ratio is presently 31.97%.
Analyst Upgrades and Downgrades
Several brokerages recently commented on FDX. BMO Capital Markets lifted their target price on shares of FedEx from $290.00 to $400.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Bank of America raised their price objective on shares of FedEx from $408.00 to $414.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Truist Financial upped their target price on FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, December 19th. 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, Evercore boosted their price target on FedEx from $364.00 to $380.00 in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $362.30.
View Our Latest Stock Report on FDX
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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