Ashton Thomas Private Wealth LLC Has $1.96 Million Stake in FedEx Corporation $FDX

Ashton Thomas Private Wealth LLC increased its stake in FedEx Corporation (NYSE:FDX) by 20.9% in the 3rd quarter, Holdings Channel reports. The firm owned 8,279 shares of the shipping service provider’s stock after purchasing an additional 1,431 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in FedEx were worth $1,964,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FDX. Probity Advisors Inc. grew its stake in FedEx by 2.2% in the 3rd quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock valued at $467,000 after buying an additional 43 shares during the last quarter. WealthPlan Investment Management LLC boosted its holdings in FedEx by 3.2% during the second quarter. WealthPlan Investment Management LLC now owns 1,439 shares of the shipping service provider’s stock valued at $327,000 after acquiring an additional 44 shares during the period. Joel Isaacson & Co. LLC grew its position in shares of FedEx by 1.7% in the third 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. NORTHSTAR ASSET MANAGEMENT Co increased its stake 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 worth $917,000 after purchasing an additional 45 shares during the period. Finally, L2 Asset Management LLC lifted its position in shares of FedEx by 4.9% during the 2nd quarter. L2 Asset Management LLC now owns 985 shares of the shipping service provider’s stock worth $224,000 after purchasing an additional 46 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. HSBC raised their target price on FedEx from $235.00 to $285.00 and gave the company a “hold” rating in a report on Friday, December 19th. Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. Jefferies Financial Group increased their price target on shares of FedEx from $315.00 to $326.00 and gave the company a “buy” rating in a report on Friday, December 19th. The Goldman Sachs Group boosted their price objective on shares of FedEx from $301.00 to $317.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Finally, Morgan Stanley upped their price objective on shares of FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $314.32.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Wells Fargo and other firms upgraded FDX, and Baird highlighted an attractive pre-spinoff valuation — upgrades and fresh buy-side interest are supporting the rally. Wells Fargo upgrades FedEx (FDX)
• Positive Sentiment: Analysts and the market are re-rating FedEx after management rolled out AI logistics tools and upgrades that suggest better post‑purchase growth and margin opportunities. This narrative helps justify higher estimates and share-price momentum. FedEx AI Push Targets Post Purchase Growth As Shares Trade Above Targets
• Neutral Sentiment: FedEx Freight Holding Co. issued $3.7 billion of notes ahead of the planned spin-off — a material step to establish the subsidiary’s standalone capital structure. Investors should watch how the debt is structured (recourse, maturities) since it affects credit risk for the spun unit and any parent guarantees. FedEx Freight issues $3.7 billion notes ahead spin-off
• Neutral Sentiment: FedEx Dataworks partnered with Dun & Bradstreet to launch a Retail Momentum Index — a data product that could improve customer offerings and sales visibility over time but has limited immediate revenue impact. Dun & Bradstreet and FedEx Dataworks to Launch Predictive Insights Tracking U.S. Retail Supply and Demand
• Neutral Sentiment: Several comparative pieces (UPS vs FedEx) assess long‑term positioning; these generate debate over relative valuation and execution risk but haven’t shifted the core bullish analyst narrative materially. UPS vs. FedEx: Which logistics giant looks like the better long-term play?

FedEx Trading Up 0.3%

Shares of FDX stock opened at $363.76 on Friday. The firm has a fifty day moving average of $300.05 and a 200-day moving average of $260.49. The stock has a market cap of $85.53 billion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 1.82 and a beta of 1.34. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $366.46. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27.

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 the consensus estimate of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The business had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same period in the previous year, the business earned $4.05 EPS. The firm’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. On average, equities research analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

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

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.