FedEx Corporation $FDX Shares Acquired by Anchor Investment Management LLC

Anchor Investment Management LLC lifted its holdings in shares of FedEx Corporation (NYSE:FDX) by 9.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 29,168 shares of the shipping service provider’s stock after acquiring an additional 2,514 shares during the period. Anchor Investment Management LLC’s holdings in FedEx were worth $8,425,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. EFG International AG acquired a new stake in shares of FedEx during the fourth quarter worth $27,000. Ulland Investment Advisors LLC purchased a new stake in FedEx during the 4th quarter valued at about $29,000. Tucker Asset Management LLC acquired a new position in shares of FedEx in the fourth quarter valued at about $29,000. Wilkerson Advisory Group LLC acquired a new position in shares of FedEx in the fourth quarter valued at about $29,000. Finally, ORG Partners LLC raised its stake in shares of FedEx by 50.0% in the fourth quarter. ORG Partners LLC now owns 105 shares of the shipping service provider’s stock worth $30,000 after purchasing an additional 35 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Insider Transactions at FedEx

In other FedEx news, EVP Gina F. Adams sold 20,450 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total value of $7,493,902.50. Following the completion of the sale, the executive vice president owned 19,403 shares in the company, valued at approximately $7,110,229.35. This represents a 51.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan C. Schwab sold 5,795 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, 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 sold a total of 48,104 shares of company stock valued at $17,599,006 in the last 90 days. 0.53% of the stock is owned by company insiders.

FedEx Stock Performance

NYSE:FDX opened at $326.36 on Friday. The stock has a market capitalization of $77.87 billion, a PE ratio of 17.37, a P/E/G ratio of 1.48 and a beta of 1.28. FedEx Corporation has a fifty-two week low of $172.88 and a fifty-two week high of $345.36. The company has a fifty day moving average of $369.57 and a two-hundred day moving average of $344.75. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47.

FedEx (NYSE:FDX) last posted its quarterly earnings data 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. The company had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.FedEx’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.51 EPS. As a group, research analysts forecast that FedEx Corporation will post 19.78 earnings per share for the current fiscal year.

FedEx Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Monday, June 22nd will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, June 22nd. FedEx’s payout ratio is presently 30.87%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FDX shares. Jefferies Financial Group increased their price target on shares of FedEx from $425.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Morgan Stanley lifted their price objective on shares of FedEx from $220.00 to $230.00 and gave the company an “underweight” rating in a research note on Friday, March 20th. Seaport Research Partners started coverage on shares of FedEx in a research note on Wednesday, May 27th. They issued a “buy” rating on the stock. Wall Street Zen raised shares of FedEx from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Finally, Bank of America cut their price target on FedEx from $440.00 to $376.00 and set a “buy” rating on the stock in a research report on Tuesday, June 2nd. Eighteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, FedEx currently has an average rating of “Moderate Buy” and an average price target of $367.76.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx continues to get supportive coverage around its upcoming earnings, with Barclays maintaining an Overweight rating and some analysts still seeing upside from current levels ahead of the June 23 report.
• Positive Sentiment: Kuebix by FreightWise was named a FedEx Compatible Community Tier Partner for 2026, reinforcing the FedEx ecosystem and its shipping-software integration network.
• Neutral Sentiment: FedEx fuel surcharge changes taking effect June 22 will raise export fuel fees while lowering import rates, a revenue-mix shift that could affect shipment economics but is not yet clear-cut for earnings.
• Neutral Sentiment: Market articles and options commentary are focused on elevated implied volatility and earnings positioning, suggesting traders are bracing for a larger-than-usual move when FedEx reports results.
• Negative Sentiment: Evercore lowered its price target on FedEx to $355 from $390, signaling a more cautious view on the stock’s near-term valuation.
• Negative Sentiment: Pre-earnings estimates call for Q4 EPS of $5.92, down from $6.07 a year ago, which reinforces concerns that profit growth may slow heading into the report.

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.