FedEx Corporation $FDX Shares Sold by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP lessened its stake in FedEx Corporation (NYSE:FDX) by 79.8% in the third quarter, Holdings Channel reports. The fund owned 11,134 shares of the shipping service provider’s stock after selling 44,018 shares during the quarter. Hudson Bay Capital Management LP’s holdings in FedEx were worth $2,626,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FDX. Grey Fox Wealth Advisors LLC acquired a new position in shares of FedEx during the third quarter worth $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in FedEx during the 2nd quarter valued at $28,000. Wealth Watch Advisors INC purchased a new stake in FedEx during the 3rd quarter worth $28,000. Ameriflex Group Inc. increased its stake in FedEx by 103.3% during the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after buying an additional 63 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new position in FedEx in the 3rd quarter worth $39,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Stock Up 0.7%

FDX stock opened at $358.44 on Friday. The stock has a market cap of $84.28 billion, a PE ratio of 19.08, a price-to-earnings-growth ratio of 1.70 and a beta of 1.29. The firm’s 50-day simple moving average is $351.21 and its 200 day simple moving average is $291.29. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $392.86. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 17.03%. The firm had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. During the same period in the previous year, the business posted $4.51 EPS. FedEx’s revenue was up 8.3% on a year-over-year basis. As a group, sell-side analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be issued a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, March 9th. FedEx’s dividend payout ratio is 30.87%.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on FDX. Wells Fargo & Company raised their target price on FedEx from $430.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday. Citigroup increased their price target on FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a report on Thursday, February 5th. HSBC upgraded FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective for the company in a research note on Friday. BMO Capital Markets boosted their price objective on shares of FedEx from $400.00 to $410.00 and gave the company a “market perform” rating in a research report on Friday. Finally, Rothschild & Co Redburn increased 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. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $393.85.

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.