4,160 Shares in FedEx Corporation $FDX Acquired by Azzad Asset Management Inc. ADV

Posted by ABMN Staff on Jul 11th, 2026

Azzad Asset Management Inc. ADV bought a new stake in FedEx Corporation (NYSE:FDX – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,160 shares of the shipping service provider’s stock, valued at approximately $1,482,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FDX. Sivia Capital Partners LLC acquired a new position in FedEx during the 2nd quarter worth about $586,000. CWM LLC grew its position in FedEx by 32.2% in the 4th quarter. CWM LLC now owns 108,031 shares of the shipping service provider’s stock valued at $31,206,000 after acquiring an additional 26,322 shares in the last quarter. Canada Post Corp Registered Pension Plan grew its position in FedEx by 85.9% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 6,792 shares of the shipping service provider’s stock valued at $1,962,000 after acquiring an additional 3,138 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in FedEx by 19.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,822 shares of the shipping service provider’s stock worth $12,081,000 after purchasing an additional 6,864 shares during the period. Finally, Bingham Private Wealth LLC purchased a new stake in FedEx during the fourth quarter worth about $905,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Price Performance

Shares of FDX opened at $314.49 on Friday. The firm has a market capitalization of $75.04 billion, a price-to-earnings ratio of 16.99 and a beta of 1.29. The firm’s fifty day simple moving average is $348.63 and its 200-day simple moving average is $348.55. FedEx Corporation has a twelve month low of $172.88 and a twelve month high of $345.36. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74.

FedEx (NYSE:FDX – Get Free Report) last issued its earnings results on Tuesday, June 23rd. The shipping service provider reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $5.91 by $0.40. The firm had revenue of $25.01 billion during the quarter, compared to the consensus estimate of $24.04 billion. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.07 earnings per share. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS.

FedEx Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 22nd were issued a $1.22 dividend. The ex-dividend date was Monday, June 22nd. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s dividend payout ratio is presently 26.36%.

Insider Buying and Selling at FedEx

In other news, Director Susan C. Schwab sold 5,795 shares of the firm’s stock in a transaction dated 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 owned 10,038 shares of the company’s stock, valued at approximately $3,704,022. This trade represents a 36.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kawal Preet sold 4,900 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the transaction, the executive vice president directly owned 10,953 shares of the company’s stock, valued at $4,029,499.17. This trade represents a 30.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 53,146 shares of company stock worth $19,235,438. 0.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on FDX. Seaport Research Partners started coverage on shares of FedEx in a research note on Wednesday, May 27th. They issued a “buy” rating for the company. Wells Fargo & Company reduced their target price on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a report on Wednesday, June 17th. Argus raised their price target on shares of FedEx from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Monday, April 6th. Zacks Research downgraded shares of FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of FedEx in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, FedEx presently has a consensus rating of “Moderate Buy” and an average target price of $349.60.

View Our Latest Research Report on FDX

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

Positive Sentiment: FedEx announced pricing for cash tender offers to repurchase up to $4.15 billion of debt, a move that can lower future interest expense and improve its balance sheet after the planned FedEx Freight spin-off. FedEx Announces Pricing for Cash Tender Offers
Positive Sentiment: FedEx also reported early tender results for the debt offers, signaling active participation and progress on its capital-structure reshaping plan. FedEx Announces Early Tender Results of Previously Announced Cash Tender Offers
Positive Sentiment: Analyst sentiment improved, with Stephens upgrading FedEx to “strong-buy” after earlier bullish commentary, which can help reinforce investor confidence in the stock. Zacks.com
Positive Sentiment: Reports highlighted FedEx’s new life sciences division and ongoing efforts to expand healthcare logistics, suggesting a higher-margin growth opportunity for the company. New FedEx life sciences unit integrates healthcare logistics capabilities
Neutral Sentiment: Some articles argued the stock may still be undervalued after its strong run, indicating upside potential but not an immediate catalyst. FedEx (FDX) Stock Looks Undervalued Even After A 65% Run
Negative Sentiment: Investor concerns persist around Amazon’s low-cost logistics expansion, which could pressure FedEx pricing and market share over time. FedEx Reshapes Debt After FedEx Freight Spin-Off

FedEx Profile

(Free Report)

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.