FedEx (NYSE:FDX) Price Target Raised to $425.00

FedEx (NYSE:FDX) had its price target upped by Truist Financial from $400.00 to $425.00 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the shipping service provider’s stock.

A number of other equities research analysts have also issued reports on the stock. HSBC raised shares of FedEx from a “reduce” rating to a “hold” rating and set a $360.00 target price for the company in a research note on Friday. Susquehanna cut their price objective on FedEx from $345.00 to $340.00 in a report on Tuesday, December 23rd. Wells Fargo & Company lifted their price objective on FedEx from $430.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday. Evercore boosted their target price on FedEx from $364.00 to $380.00 in a research note on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of FedEx in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $393.85.

FedEx Price Performance

Shares of FDX opened at $358.44 on Friday. The business’s 50-day moving average is $351.21 and its 200-day moving average is $291.76. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. The company has a market capitalization of $85.53 billion, a price-to-earnings ratio of 19.08, a P/E/G ratio of 1.61 and a beta of 1.29. FedEx has a fifty-two week low of $194.29 and a fifty-two week high of $392.86.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The business had revenue of $24 billion during the quarter, compared to analysts’ expectations of $23.44 billion. During the same period last year, the company posted $4.51 earnings per share. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. Equities research analysts expect that FedEx will post 19.14 EPS for the current fiscal 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. The ex-dividend date is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. FedEx’s dividend payout ratio is currently 30.87%.

Hedge Funds Weigh In On FedEx

Several institutional investors have recently bought and sold shares of FDX. Brighton Jones LLC boosted its stake in shares of FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after acquiring an additional 207 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of FedEx by 78.9% during the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock valued at $2,514,000 after acquiring an additional 4,548 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of FedEx in the 2nd quarter valued at approximately $586,000. Wealthspire Advisors LLC raised its stake in shares of FedEx by 3.3% in the 2nd quarter. Wealthspire Advisors LLC now owns 4,772 shares of the shipping service provider’s stock valued at $1,085,000 after acquiring an additional 151 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its holdings in FedEx by 18.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 18,079 shares of the shipping service provider’s stock worth $4,237,000 after purchasing an additional 2,806 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

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

FedEx Company 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.