ARQ Wealth Advisors LLC Takes $626,000 Position in FedEx Corporation $FDX

ARQ Wealth Advisors LLC acquired a new position in shares of FedEx Corporation (NYSE:FDXFree Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,639 shares of the shipping service provider’s stock, valued at approximately $626,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after purchasing an additional 207 shares in the last quarter. Empowered Funds LLC increased its holdings in FedEx by 78.9% in the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after buying an additional 4,548 shares during the period. Sivia Capital Partners LLC acquired a new stake in FedEx during the 2nd quarter valued at approximately $586,000. Creative Planning raised its holdings in shares of FedEx by 6.8% during the second quarter. Creative Planning now owns 82,518 shares of the shipping service provider’s stock worth $18,757,000 after purchasing an additional 5,278 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of FedEx by 8.8% in the 2nd quarter. Cetera Investment Advisers now owns 91,173 shares of the shipping service provider’s stock valued at $20,725,000 after buying an additional 7,361 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Rothschild & Co Redburn raised their price objective on shares of FedEx from $317.00 to $371.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. JPMorgan Chase & Co. increased their target price on shares of FedEx from $294.00 to $424.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th. Wall Street Zen cut FedEx from a “strong-buy” rating to a “buy” rating in a research report on Saturday. BMO Capital Markets lifted their price target on FedEx from $290.00 to $400.00 and gave the company a “market perform” rating in a research note on Friday, February 13th. Finally, Citigroup raised their price objective on FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, FedEx presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.19.

Check Out Our Latest Stock Report on FDX

FedEx Stock Performance

NYSE:FDX opened at $354.53 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The firm has a market cap of $83.36 billion, a PE ratio of 19.54, a P/E/G ratio of 1.67 and a beta of 1.29. The firm has a 50 day simple moving average of $348.53 and a 200-day simple moving average of $289.06. FedEx Corporation has a 1-year low of $194.29 and a 1-year high of $392.86.

FedEx (NYSE:FDXGet Free Report) last announced its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. The firm had revenue of $23.47 billion for 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 quarter last year, the business earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, equities analysts expect that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be issued a dividend of $1.45 per share. The ex-dividend date is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is 31.97%.

FedEx Profile

(Free Report)

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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Institutional Ownership by Quarter for FedEx (NYSE:FDX)

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