Foster & Motley Inc. Raises Holdings in FedEx Corporation $FDX

Foster & Motley Inc. raised its holdings in FedEx Corporation (NYSE:FDX) by 159.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,224 shares of the shipping service provider’s stock after purchasing an additional 2,593 shares during the period. Foster & Motley Inc.’s holdings in FedEx were worth $1,505,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Morgan Stanley upped their price objective on FedEx from $220.00 to $230.00 and gave the stock an “underweight” rating in a research note on Friday, March 20th. TD Cowen reduced their price objective on FedEx from $426.00 to $354.00 in a research note on Wednesday. Bank of America raised their target price on FedEx from $376.00 to $378.00 and gave the company a “buy” rating in a research report on Wednesday. Seaport Research Partners initiated coverage on FedEx in a research note on Wednesday, May 27th. They issued a “buy” rating on the stock. Finally, Susquehanna boosted their target price on FedEx from $410.00 to $455.00 and gave the stock a “positive” rating in a report on Friday, March 20th. Eighteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, FedEx has an average rating of “Moderate Buy” and an average target price of $349.60.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Bank of America said FedEx Freight’s pricing power is improving and reiterated a Buy rating while raising its price target to $187, signaling confidence that the LTL business can support better earnings growth. Article Title
• Positive Sentiment: FedEx Freight’s first post-spinoff earnings report showed revenue growth and beat revenue expectations, with analysts noting solid underlying growth trends and the potential for margin improvement later in the year. Article Title
• Positive Sentiment: FedEx also announced $4.15 billion in cash tender offers for outstanding notes, which could help optimize its capital structure and lower future interest expense. Article Title
• Neutral Sentiment: Some analysts highlighted that FedEx’s broader business still has strong underlying momentum, but recent stock weakness may reflect “near-term noise” rather than a change in the long-term thesis. Article Title
• Neutral Sentiment: FedEx Freight’s first standalone quarter also included large spinoff-related costs, which pressured operating income and created uncertainty around near-term profitability, even though management expects growth ahead. Article Title
• Negative Sentiment: FedEx shares fell after the Freight unit reported mixed results, including a steep decline in operating income and margin pressure from separation costs, weaker shipment volumes, and higher labor expenses. Article Title
• Negative Sentiment: Another note from analysts pointed to a margin drop and reduced price targets, reinforcing concerns that the market is still focused on near-term earnings pressure rather than the longer-term turnaround. Article Title

FedEx Trading Down 3.3%

NYSE:FDX opened at $318.55 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $76.01 billion, a PE ratio of 17.21, a P/E/G ratio of 1.40 and a beta of 1.28. FedEx Corporation has a 52-week low of $172.88 and a 52-week high of $345.36. The stock’s 50 day moving average price is $363.74 and its 200 day moving average price is $346.38.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Tuesday, June 23rd. The shipping service provider reported $6.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.91 by $0.40. The firm had revenue of $25.01 billion for the quarter, compared to the consensus estimate of $24.04 billion. FedEx had a return on equity of 16.49% and a net margin of 4.68%.The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the previous year, the business earned $6.07 earnings per share. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS. On average, research analysts anticipate that FedEx Corporation will post 21.34 EPS for the current year.

FedEx Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Monday, June 22nd will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, June 22nd. FedEx’s dividend payout ratio is currently 26.36%.

Insider Buying and Selling

In other FedEx news, Director Susan C. Schwab sold 5,795 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total value of $2,138,355.00. Following the completion of the transaction, the director directly owned 10,038 shares of the company’s stock, valued at $3,704,022. This represents a 36.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Tracy B. Brightman sold 16,959 shares of FedEx stock in a transaction on Wednesday, April 15th. The stock was 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 of the company’s stock, valued at approximately $4,017,070.44. This trade represents a 60.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 48,104 shares of company stock worth $17,599,006 in the last ninety days. 0.53% of the stock is owned by corporate insiders.

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.