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

FedEx (NYSE:FDX) had its price objective upped by Stifel Nicolaus from $412.00 to $425.00 in a report published on Friday morning,Benzinga reports. They currently have a buy rating on the shipping service provider’s stock.

Other analysts have also issued research reports about the stock. Weiss Ratings restated a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. HSBC upgraded shares of FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective on the stock in a research note on Friday. Evercore boosted their target price on shares of FedEx from $364.00 to $380.00 in a research report on Tuesday, February 24th. Stephens increased their price target on shares of FedEx from $405.00 to $435.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $457.00 price target on shares of FedEx in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $393.85.

FedEx Trading Up 0.7%

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

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $1.13. The company had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.FedEx’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $4.51 EPS. Sell-side analysts forecast that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be given a dividend of $1.45 per share. The ex-dividend date is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.6%. FedEx’s dividend payout ratio is currently 30.87%.

Institutional Trading of FedEx

Several hedge funds have recently bought and sold shares of the company. Norges Bank bought a new position in FedEx in the 4th quarter worth about $859,085,000. Vanguard Group Inc. increased 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 valued at $5,527,870,000 after purchasing an additional 2,741,723 shares during the period. Boston Partners bought a new stake in shares of FedEx during the third quarter valued at approximately $468,195,000. Dodge & Cox boosted its position in shares of FedEx by 12.0% during the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after buying an additional 1,742,666 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of FedEx by 169.2% during the third quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock worth $638,203,000 after buying an additional 1,718,278 shares during the period. 84.47% of the stock is currently owned by institutional investors.

Trending Headlines about FedEx

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

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.