Edgar Lomax Co. VA Has $45.97 Million Holdings in FedEx Corporation $FDX

Edgar Lomax Co. VA trimmed its holdings in shares of FedEx Corporation (NYSE:FDX) by 22.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,960 shares of the shipping service provider’s stock after selling 57,215 shares during the period. FedEx comprises about 3.6% of Edgar Lomax Co. VA’s portfolio, making the stock its 10th largest position. Edgar Lomax Co. VA owned approximately 0.08% of FedEx worth $45,974,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Grey Fox Wealth Advisors LLC bought a new position in shares of FedEx during the third quarter valued at approximately $27,000. NewSquare Capital LLC lifted its holdings in FedEx by 121.8% during the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after buying an additional 67 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in FedEx during the 2nd quarter valued at $28,000. Abich Financial Wealth Management LLC purchased a new position in shares of FedEx in the 3rd quarter valued at $39,000. Finally, Physician Wealth Advisors Inc. raised its position in shares of FedEx by 27.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 218 shares of the shipping service provider’s stock worth $51,000 after acquiring an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx resumed pick‑up and drop‑off services across parts of the Middle East where safe — a sign operations are normalizing in a region that can be volatile for logistics, supporting revenue stability in international parcel/freight. Stocks to Watch Thursday: Broadcom, Okta, Trade Desk, FedEx
• Positive Sentiment: Proposed bill H.R.7224 (Secure Revenue Clearance Channel Act of 2026) would simplify customs clearance for low‑value shipments handled by express carriers — a structural benefit for express logistics players like FedEx that could reduce delays and costs on small‑parcel international trade. New Bill: Representative Carol D. Miller introduces H.R. 7224
• Neutral Sentiment: FedEx Freight’s incoming CEO John Smith will appear at ACT Expo 2026 — management visibility and any commentary at the show could give investors incremental color on margin initiatives, fleet transition plans and pricing, but this is more of an informational/branding positive than an immediate earnings driver. FedEx Freight’s incoming CEO John Smith to open ACT Expo 2026
• Neutral Sentiment: Analyst/quant pieces highlighting transportation names with potential earnings beats (Zacks / Yahoo) flag FedEx as a name to watch versus peers — useful for traders looking at short‑term earnings idiosyncrasies but not a direct catalyst by itself. How to Find Strong Transportation Stocks Slated for Positive Earnings Surprises
• Negative Sentiment: Court rulings and ongoing litigation over tariffs remain a drag: recent trade‑court orders and Supreme Court fallout have accelerated refund claims and legal exposure, creating uncertainty around timing and magnitude of cash flows and potential refund receipts or liabilities for firms involved in litigation (including FedEx). That legal/tariff noise is being priced as a risk to near‑term cash flow and valuation. Trade Court Paves Way for Broad Tariff Refunds
• Negative Sentiment: Coverage highlighting FedEx’s tariff lawsuits warns the litigation could test cash flows, customer trust and valuation — investors may be marking down the stock for legal costs, refund timing uncertainty and potential disruption to B2B customers. This appears to be a primary driver of the market pullback. FedEx Tariff Lawsuits Test Cash Flows Customer Trust And Valuation
• Negative Sentiment: Market reaction: FDX traded lower and underperformed the broader market in recent sessions, reflecting investor concern about the items above (tariff/legal uncertainty outweighing operational and legislative positives for now). FedEx (FDX) Registers a Bigger Fall Than the Market: Important Facts to Note

FedEx Trading Down 3.0%

Shares of FedEx stock opened at $372.72 on Friday. The firm’s 50 day simple moving average is $338.60 and its two-hundred day simple moving average is $281.26. The firm has a market capitalization of $87.63 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 1.83 and a beta of 1.29. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $392.86. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $22.79 billion. During the same period in the previous year, the firm posted $4.05 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The business 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. The ex-dividend date is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of recent research reports. Raymond James Financial raised their price objective on FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. UBS Group lifted their price objective on shares of FedEx from $314.00 to $412.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Bank of America increased their target price on shares of FedEx from $408.00 to $414.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $365.07.

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.