E. Ohman J or Asset Management AB Sells 2,295 Shares of FedEx Corporation $FDX

E. Ohman J or Asset Management AB cut its holdings in FedEx Corporation (NYSE:FDX) by 23.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,655 shares of the shipping service provider’s stock after selling 2,295 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in FedEx were worth $2,211,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after purchasing an additional 2,741,723 shares during the last quarter. Dodge & Cox increased its stake in FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after buying an additional 1,742,666 shares during the last quarter. Franklin Resources Inc. increased its stake in FedEx by 5.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,814,938 shares of the shipping service provider’s stock valued at $1,135,411,000 after buying an additional 269,567 shares during the last quarter. Invesco Ltd. lifted its position in FedEx by 3.1% during the 3rd quarter. Invesco Ltd. now owns 3,618,898 shares of the shipping service provider’s stock worth $853,372,000 after buying an additional 108,426 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in FedEx by 169.2% during the 3rd 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 in the last quarter. Institutional investors own 84.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on FDX. Sanford C. Bernstein restated an “outperform” rating and issued a $457.00 price objective on shares of FedEx in a report on Friday, March 6th. Citigroup upped their target price on FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Argus increased their price target on FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Oppenheimer restated a “market perform” rating on shares of FedEx in a research note on Friday, December 19th. Finally, Zacks Research lowered FedEx from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $393.85.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched FedEx SameDay Local (two‑hour and end‑of‑day options) to compete with Amazon/Walmart, signaling a push into faster, higher‑value last‑mile services that can boost revenue per package if uptake by retailers grows. FedEx launches same-day delivery service amid US delivery race (Reuters)
• Positive Sentiment: The SameDay Local roll‑out is powered by a OneRail partnership and initial pilots with large retailers, lowering implementation risk and enabling quick scale in targeted local markets. That partnership can accelerate product adoption without FedEx building all last‑mile tech in‑house. FedEx launches same-day delivery with OneRail (CNBC)
• Positive Sentiment: Analysts have been raising price targets and at least one major upgrade was reported, supporting upside expectations as FedEx tightens capital returns (dividends + buybacks) and improves operational metrics. FedEx Upgraded at HSBC (American Banking News)
• Positive Sentiment: Market commentary highlights a planned freight/non‑freight separation and ongoing buybacks as potential value unlocks, which could re‑rate the core package business and support shareholder returns. FedEx spin-off/value thesis (MarketBeat)
• Neutral Sentiment: Media and pundit support (including Jim Cramer commentary) provides sentiment tailwinds but is opinion‑driven rather than new fundamental data. Jim Cramer on FedEx (Yahoo Finance)
• Neutral Sentiment: Corporate initiatives like large-scale AI/skills training for employees are framed as long‑term productivity drivers but their near‑term EPS impact is uncertain. AI training program report (Blockonomi)
• Negative Sentiment: FedEx Freight (LTL) reported month‑to‑month volume weakness in the quarter, which pressures margins in the freight arm and is part of the rationale for a potential spin‑off; lingering softness could drag consolidated results near term. FedEx Freight volumes hit (TruckingDive)
• Negative Sentiment: Intensifying same‑day competition from Amazon and Walmart raises the risk of margin pressure and required capital investment to scale last‑mile speed reliably; investors will watch margins, pricing, and retailer adoption closely. Same‑day race and margin risk (Barron’s)

FedEx Price Performance

Shares of NYSE FDX opened at $359.52 on Wednesday. The firm has a market cap of $85.78 billion, a P/E ratio of 19.13, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The business’s 50 day moving average is $353.08 and its 200-day moving average is $293.61. 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 Corporation has a 1-year low of $194.29 and a 1-year high of $392.86.

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

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be issued a dividend of $1.45 per share. The ex-dividend date of this dividend 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 currently 30.87%.

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.