BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of FedEx Corporation (NYSE:FDX – Free Report) by 173.3% during the first quarter, Holdings Channel reports. The fund owned 46,809 shares of the shipping service provider’s stock after purchasing an additional 29,683 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in FedEx were worth $16,672,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of FDX. EFG International AG acquired a new stake in FedEx during the 4th quarter valued at approximately $27,000. Wealth Watch Advisors INC purchased a new stake in FedEx during the 3rd quarter worth approximately $28,000. Ameriflex Group Inc. increased its holdings 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 purchasing an additional 63 shares during the last quarter. Ulland Investment Advisors LLC acquired a new position in shares of FedEx in the 4th quarter valued at approximately $29,000. Finally, Tucker Asset Management LLC acquired a new position in shares of FedEx in the 4th quarter valued at approximately $29,000. Institutional investors and hedge funds own 84.47% of the company’s stock.
FedEx Price Performance
Shares of FDX opened at $326.36 on Friday. FedEx Corporation has a 52 week low of $172.88 and a 52 week high of $345.36. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. The firm has a market cap of $77.87 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 1.48 and a beta of 1.28. The stock has a 50 day moving average of $368.64 and a 200-day moving average of $344.62.
FedEx Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, June 22nd. FedEx’s payout ratio is currently 30.87%.
FedEx News Summary
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: FedEx enters earnings with strong year-to-date gains of roughly 40%, supported by restructuring efforts and improving profitability, which could keep investor sentiment constructive if management delivers another solid outlook.
- Positive Sentiment: Analysts and preview coverage suggest expectations are high but manageable, with consensus forecasts calling for about $5.96 EPS and $24 billion in revenue for the quarter, leaving room for a beat if shipping demand holds up. FedEx (FDX) Q4 Earnings Preview: Should Investors Buy Before Tuesday’s Report?
- Positive Sentiment: Some investors are positioning for volatility around earnings, with options activity highlighting elevated implied volatility ahead of the June 23 release, which often signals a potentially large post-earnings move. Bear Call Spread Ideas for FedEx Earnings Next Week
- Neutral Sentiment: FedEx also received a 2026 FedEx Compatible Community Tier partner announcement from Kuebix by FreightWise, which is a positive ecosystem development but unlikely to materially move the stock on its own. Kuebix by FreightWise Named FedEx Compatible Community Tier Partner for 2026
- Neutral Sentiment: FedEx’s fuel surcharge update, effective June 22, will raise export shipment fees while lowering import rates, a change that could affect mix and customer behavior but is not clearly a major earnings driver yet. FedEx fuel surcharge change raises heat on export shipments
- Negative Sentiment: Evercore trimmed its price target on FedEx to $355 from $390, signaling slightly softer analyst expectations even though the new target still implies upside from current levels. Evercore adjusts price target on FedEx to 355 from 390
- Negative Sentiment: Recent trading also showed FDX slipping more than the broader market, reflecting some pre-earnings caution as investors wait for confirmation that the recent run-up can continue. FedEx (FDX) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Insider Buying and Selling at FedEx
In other FedEx news, EVP Tracy B. Brightman sold 16,959 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the completion of the sale, the executive vice president owned 11,052 shares in the company, valued at $4,017,070.44. The trade was a 60.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Susan C. Schwab sold 5,795 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $369.00, for a total transaction of $2,138,355.00. Following the sale, the director directly owned 10,038 shares in the company, valued at $3,704,022. This trade represents a 36.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 48,104 shares of company stock worth $17,599,006 in the last ninety days. 0.53% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
A number of analysts have recently weighed in on FDX shares. Jefferies Financial Group raised their price target on shares of FedEx from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Wells Fargo & Company cut their price target on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a report on Wednesday. BMO Capital Markets reduced their price objective on shares of FedEx from $410.00 to $340.00 and set a “market perform” rating on the stock in a research note on Monday, June 1st. Sanford C. Bernstein set a $424.00 price objective on shares of FedEx in a report on Thursday. Finally, Citigroup started coverage on shares of FedEx in a research report on Thursday, May 21st. They issued a “buy” rating and a $443.00 target price for the company. Eighteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, FedEx presently has an average rating of “Moderate Buy” and a consensus price target of $367.76.
Get Our Latest Stock Analysis on FDX
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.
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