Bleakley Financial Group LLC Takes Position in FedEx Corporation $FDX

Bleakley Financial Group LLC bought a new position in FedEx Corporation (NYSE:FDX) in the third quarter, Holdings Channel.com reports. The firm bought 10,441 shares of the shipping service provider’s stock, valued at approximately $2,462,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake 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 worth $5,527,870,000 after purchasing an additional 2,741,723 shares during the last quarter. Norges Bank acquired a new position in FedEx in the 2nd quarter worth approximately $605,497,000. AQR Capital Management LLC raised its position in FedEx by 750.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,015,627 shares of the shipping service provider’s stock worth $230,862,000 after buying an additional 896,271 shares during the last quarter. Diamond Hill Capital Management Inc. purchased a new position in FedEx during the 3rd quarter worth approximately $171,960,000. Finally, Dodge & Cox lifted its stake in FedEx by 4.7% during 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 acquiring an additional 649,426 shares during the period. Institutional investors and hedge funds own 84.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FDX shares. Sanford C. Bernstein raised shares of FedEx from a “market perform” rating to an “outperform” rating and set a $427.00 price target on the stock in a report on Tuesday, February 3rd. Argus upped their target price on FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Susquehanna reduced their price target on FedEx from $345.00 to $340.00 in a research report on Tuesday, December 23rd. Evercore upped their price objective on FedEx from $288.00 to $364.00 in a research report on Friday, February 13th. Finally, The Goldman Sachs Group set a $364.00 target price on shares of FedEx and gave the company a “buy” rating in a report on Thursday, February 12th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and an average target price of $358.00.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx sued the U.S. seeking a full refund (plus interest) of tariffs the Supreme Court recently ruled unlawful — a successful recovery could materially improve cash flow and reduce past duty expenses. FedEx sues U.S. seeking full refund of Trump tariffs
• Positive Sentiment: Bernstein reaffirmed a Buy rating on FDX, which supports investor confidence in FedEx’s operational turnaround and long-term earnings trajectory. Bernstein Sticks to Their Buy Rating for FedEx (FDX)
• Positive Sentiment: Reported insider buying (Rep. Gilbert Ray Cisneros, Jr. acquired FDX shares) can be viewed as a mild positive signal about management and outlook. FedEx (NYSE:FDX) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.
• Neutral Sentiment: Analyst comparison pieces (e.g., UPS vs. FDX) highlight valuation and margin differences; useful context but not an immediate catalyst. UPS vs. FDX: Which Parcel Delivery Giant Offers Greater Potential Now?
• Neutral Sentiment: Coverage notes the Supreme Court tariff decision won’t meaningfully boost small-package volumes, limiting near-term revenue upside from the ruling. Tariff Decision Doesn’t Give FedEx and UPS a Bump on Small Packages
• Negative Sentiment: Shares snapped a six-session winning streak, indicating profit-taking and short-term selling pressure after the run-up. FedEx shares snapped six-session winning streak
• Negative Sentiment: Legal recovery is uncertain in size and timing; FedEx did not specify an amount sought and litigation may take time, so the headline can create near-term volatility rather than immediate financial benefit. FedEx Sues for Refund of Trump Tariffs Rejected by Supreme Court

FedEx Stock Down 1.3%

FDX stock opened at $383.30 on Tuesday. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $391.65. 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 firm has a 50-day simple moving average of $323.60 and a 200-day simple moving average of $273.26. The stock has a market capitalization of $90.12 billion, a P/E ratio of 21.13, a P/E/G ratio of 1.85 and a beta of 1.33.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. During the same period in the previous year, the firm posted $4.05 EPS. FedEx’s revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

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

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.