Tobam Invests $538,000 in FedEx Corporation $FDX

Tobam bought a new stake in shares of FedEx Corporation (NYSE:FDX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,863 shares of the shipping service provider’s stock, valued at approximately $538,000.

Other institutional investors have also bought and sold shares of the company. EFG International AG purchased a new stake in FedEx in the 4th quarter valued at $27,000. Wealth Watch Advisors INC purchased a new position in FedEx during the 3rd quarter worth $28,000. Ameriflex Group Inc. grew its stake in shares of FedEx by 103.3% in the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after acquiring an additional 63 shares in the last quarter. Ulland Investment Advisors LLC bought a new stake in shares of FedEx in the 4th quarter worth $29,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of FedEx in the fourth quarter valued at about $29,000. Institutional investors own 84.47% of the company’s stock.

FedEx Price Performance

Shares of NYSE:FDX opened at $326.36 on Friday. The company has a market capitalization of $77.87 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 1.48 and a beta of 1.28. The company’s 50-day moving average is $368.64 and its 200 day moving average is $344.62. 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 Corporation has a fifty-two week low of $172.88 and a fifty-two week high of $345.36.

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 analysts’ consensus estimates of $4.12 by $1.13. The business had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the company posted $4.51 earnings per share. On average, equities research analysts forecast that FedEx Corporation will post 19.78 earnings per share for the current year.

FedEx Cuts Dividend

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

Analyst Ratings Changes

A number of research firms recently weighed in on FDX. BNP Paribas Exane dropped their price target on shares of FedEx from $335.00 to $269.76 and set a “neutral” rating on the stock in a research report on Tuesday, June 2nd. Wells Fargo & Company reduced their price objective on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. upgraded shares of FedEx from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $432.00 to $460.00 in a research note on Wednesday, May 27th. UBS Group started coverage on shares of FedEx in a research report on Wednesday, May 27th. They set a “buy” rating and a $445.00 target price on the stock. Finally, Jefferies Financial Group boosted their target price on FedEx from $425.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Eighteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, FedEx has a consensus rating of “Moderate Buy” and a consensus price target of $367.76.

Insider Activity at FedEx

In other news, EVP Gina F. Adams sold 20,450 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the completion of the sale, the executive vice president owned 19,403 shares in the company, valued at $7,110,229.35. This trade represents a 51.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Susan C. Schwab sold 5,795 shares of FedEx 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 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 position. The SEC filing for this sale provides additional information. Insiders sold 48,104 shares of company stock valued at $17,599,006 over the last quarter. 0.53% of the stock is currently owned by insiders.

Key Headlines Impacting FedEx

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

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.