BI Asset Management Fondsmaeglerselskab A S Increases Stake in FedEx Corporation $FDX

BI Asset Management Fondsmaeglerselskab A S raised its holdings in FedEx Corporation (NYSE:FDX) by 34.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,172 shares of the shipping service provider’s stock after buying an additional 3,106 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in FedEx were worth $2,967,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FDX. Vanguard Group Inc. boosted its holdings in FedEx by 1.4% in the first quarter. Vanguard Group Inc. now owns 20,489,161 shares of the shipping service provider’s stock valued at $4,994,848,000 after purchasing an additional 289,655 shares during the period. Invesco Ltd. raised its position in FedEx by 1.4% in the 1st quarter. Invesco Ltd. now owns 3,264,993 shares of the shipping service provider’s stock valued at $795,940,000 after purchasing an additional 43,989 shares in the last quarter. Northern Trust Corp raised its position in FedEx by 13.1% in the 4th quarter. Northern Trust Corp now owns 2,357,017 shares of the shipping service provider’s stock valued at $663,100,000 after purchasing an additional 273,478 shares in the last quarter. ACR Alpine Capital Research LLC boosted its stake in shares of FedEx by 85.9% in the 1st quarter. ACR Alpine Capital Research LLC now owns 1,585,033 shares of the shipping service provider’s stock valued at $386,399,000 after buying an additional 732,266 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of FedEx by 0.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,506,226 shares of the shipping service provider’s stock worth $367,188,000 after buying an additional 5,490 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Price Performance

Shares of FDX opened at $227.2250 on Thursday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.19 and a quick ratio of 1.15. FedEx Corporation has a 1-year low of $194.29 and a 1-year high of $308.53. The stock has a market cap of $53.61 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 1.21 and a beta of 1.30. The firm has a fifty day moving average price of $229.69 and a 200 day moving average price of $231.25.

FedEx (NYSE:FDX) last posted its earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 EPS for the quarter, topping analysts’ consensus estimates of $5.98 by $0.09. FedEx had a return on equity of 16.34% and a net margin of 4.65%.The business had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $21.86 billion. During the same quarter in the previous year, the firm earned $5.41 earnings per share. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. As a group, sell-side analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 8th will be issued a $1.45 dividend. This represents a $5.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, September 8th. FedEx’s dividend payout ratio is presently 34.36%.

Insider Transactions at FedEx

In related news, Director R Brad Martin sold 2,123 shares of the stock in a transaction on Monday, July 7th. The shares were sold at an average price of $241.75, for a total transaction of $513,235.25. Following the completion of the sale, the director owned 8,935 shares in the company, valued at $2,160,036.25. This represents a 19.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul S. Walsh sold 3,610 shares of the firm’s stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total transaction of $860,226.90. Following the transaction, the director directly owned 15,513 shares in the company, valued at $3,696,592.77. The trade was a 18.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,343 shares of company stock worth $2,228,816. Insiders own 8.87% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Truist Financial reaffirmed a “buy” rating and issued a $275.00 target price on shares of FedEx in a report on Wednesday, June 25th. BNP Paribas Exane upgraded shares of FedEx from an “underperform” rating to an “outperform” rating and set a $270.00 price objective on the stock in a report on Thursday, July 3rd. Barclays reaffirmed an “overweight” rating and set a $320.00 price objective (down from $330.00) on shares of FedEx in a research report on Wednesday, June 25th. Stephens reiterated an “overweight” rating and set a $300.00 target price on shares of FedEx in a research note on Tuesday, May 20th. Finally, TD Cowen cut their price target on FedEx from $310.00 to $269.00 and set a “buy” rating on the stock in a research note on Wednesday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $283.13.

FedEx Company Profile

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.