FedEx (NYSE:FDX) Upgraded at HSBC

HSBC upgraded shares of FedEx (NYSE:FDX) from a reduce rating to a hold rating in a report released on Friday morning, Marketbeat Ratings reports. They currently have $360.00 price objective on the shipping service provider’s stock.

Several other research firms have also recently issued reports on FDX. BMO Capital Markets lifted their price objective on shares of FedEx from $290.00 to $400.00 and gave the company a “market perform” rating in a research report on Friday, February 13th. BNP Paribas Exane set a $280.00 target price on shares of FedEx and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Wall Street Zen downgraded shares of FedEx from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 14th. Stifel Nicolaus set a $412.00 price target on shares of FedEx in a research note on Friday, February 13th. Finally, Wells Fargo & Company increased their price objective on shares of FedEx from $430.00 to $450.00 and gave the company an “overweight” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $393.85.

FedEx Stock Performance

NYSE:FDX opened at $358.44 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. FedEx has a 12-month low of $194.29 and a 12-month 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 stock 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 results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The company had revenue of $24 billion for the quarter, compared to analysts’ expectations of $23.44 billion. During the same period in the previous year, the firm earned $4.51 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. Equities research analysts forecast that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The firm 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 $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, March 9th. FedEx’s payout ratio is currently 30.87%.

Hedge Funds Weigh In On FedEx

Several institutional investors have recently bought and sold shares of the business. OneAscent Financial Services LLC increased its holdings in shares of FedEx by 1.7% in the 4th quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock worth $491,000 after buying an additional 29 shares during the last quarter. Arete Wealth Advisors LLC lifted its holdings in shares of FedEx by 1.7% in the 4th quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock valued at $514,000 after acquiring an additional 30 shares during the last quarter. LRI Investments LLC lifted its holdings in shares of FedEx by 5.2% in the 4th quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock valued at $183,000 after acquiring an additional 31 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its position in FedEx by 11.9% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock worth $84,000 after acquiring an additional 31 shares in the last quarter. Finally, Legacy Bridge LLC increased its stake in FedEx by 33.0% during the fourth quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider’s stock worth $38,000 after acquiring an additional 33 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.

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

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.