FedEx Corporation $FDX Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its holdings in shares of FedEx Corporation (NYSE:FDX) by 17.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 126,645 shares of the shipping service provider’s stock after purchasing an additional 18,689 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in FedEx were worth $30,690,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. WealthPlan Investment Management LLC increased its stake in shares of FedEx by 3.2% in the second quarter. WealthPlan Investment Management LLC now owns 1,439 shares of the shipping service provider’s stock worth $327,000 after buying an additional 44 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co increased its position in shares of FedEx by 1.2% in the 3rd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 3,890 shares of the shipping service provider’s stock worth $917,000 after purchasing an additional 45 shares during the last quarter. L2 Asset Management LLC lifted its position in shares of FedEx by 4.9% during the second quarter. L2 Asset Management LLC now owns 985 shares of the shipping service provider’s stock worth $224,000 after purchasing an additional 46 shares during the last quarter. Stonebridge Capital Advisors LLC grew its stake in FedEx by 4.1% in the second quarter. Stonebridge Capital Advisors LLC now owns 1,163 shares of the shipping service provider’s stock worth $264,000 after purchasing an additional 46 shares in the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC increased its holdings in FedEx by 1.3% in the second quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 3,922 shares of the shipping service provider’s stock valued at $892,000 after buying an additional 49 shares during the last quarter. 84.47% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on FDX. Deutsche Bank Aktiengesellschaft increased their price objective on shares of FedEx from $276.00 to $322.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. TD Cowen lifted their target price on FedEx from $271.00 to $313.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Wells Fargo & Company upped their price target on shares of FedEx from $290.00 to $295.00 and gave the company an “equal weight” rating in a report on Friday, December 19th. Oppenheimer reiterated a “market perform” rating on shares of FedEx in a report on Friday, December 19th. Finally, Barclays raised their target price on shares of FedEx from $320.00 to $360.00 and gave the stock an “overweight” rating in a report on Tuesday, December 16th. Sixteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $301.36.

FedEx Stock Down 0.1%

Shares of NYSE:FDX opened at $300.67 on Wednesday. The company’s fifty day moving average is $286.29 and its 200-day moving average is $253.07. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $318.83. The company has a market capitalization of $70.69 billion, a PE ratio of 16.58, a P/E/G ratio of 1.55 and a beta of 1.35.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. The firm had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities research analysts predict that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were issued a $1.45 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.9%. FedEx’s dividend payout ratio (DPR) is currently 31.97%.

FedEx Company 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.