FedEx (NYSE:FDX) Price Target Raised to $350.00

FedEx (NYSE:FDX) had its target price raised by Argus from $250.00 to $350.00 in a report issued on Wednesday morning,MarketScreener reports. The brokerage currently has a buy rating on the shipping service provider’s stock.

FDX has been the topic of a number of other reports. Rothschild & Co Redburn cut FedEx from a “buy” rating to a “neutral” rating and set a $271.00 price objective on the stock. in a report on Wednesday. Barclays lifted their price target on shares of FedEx from $320.00 to $360.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of FedEx from $276.00 to $322.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Sanford C. Bernstein increased their target price on shares of FedEx from $250.00 to $306.00 and gave the company a “market perform” rating in a report on Friday, January 9th. Finally, TD Cowen reissued a “buy” rating on shares of FedEx in a research note on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $303.86.

FedEx Stock Performance

NYSE FDX opened at $304.22 on Wednesday. FedEx has a 52-week low of $194.29 and a 52-week high of $318.83. The company has a fifty day moving average of $288.62 and a 200-day moving average of $254.31. The company has a market capitalization of $71.53 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.55 and a beta of 1.35. 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 (NYSE:FDX) last released its 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. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the prior year, the firm earned $4.05 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts predict that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were given a $1.45 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.9%. FedEx’s payout ratio is presently 31.97%.

Institutional Trading of FedEx

Large investors have recently modified their holdings of the business. Valeo Financial Advisors LLC lifted its holdings in FedEx by 28,080.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock worth $850,948,000 after buying an additional 3,730,273 shares during the period. Vanguard Group Inc. lifted its stake in FedEx by 13.2% in the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after acquiring an additional 2,741,723 shares during the period. Norges Bank bought a new stake in FedEx in the second quarter valued at $605,497,000. Boston Partners purchased a new position in FedEx during the 3rd quarter valued at $468,195,000. Finally, Dodge & Cox raised its holdings in FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares in the last quarter. 84.47% of the stock is owned by institutional investors.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched a private offering of senior notes to finance the planned FedEx Freight spin-off — a concrete step that advances the separation and could unlock value if executed as planned. FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
• Positive Sentiment: Argus upgraded FedEx to a “strong-buy,” signaling bullish analyst conviction that could support the stock if other investors follow. FedEx (NYSE:FDX) Stock Price Expected to Rise, Argus Analyst Says
• Positive Sentiment: Several value-oriented write-ups highlight FedEx as a long-term value opportunity (Zacks, MSN), reinforcing a narrative that recent operational changes and potential spin-off benefits make FDX attractive on valuation metrics. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: J.P. Morgan keeps a Hold rating — a reminder that tier-1 coverage remains cautious despite corporate activity; this tempers conviction among some institutional investors. J.P. Morgan Maintains Hold Rating on FedEx: What Investors Should Know
• Neutral Sentiment: High-profile endorsement: Jim Cramer has publicly praised the CEO and FedEx’s strategy, which can help sentiment but may not move fundamentals immediately. FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer
• Negative Sentiment: FedEx outlined a major overhaul of its French operations that could cut up to 500 jobs and involves up to €78M in investment — a move that carries near-term restructuring costs, potential service disruption and execution risk that investors may penalize. FedEx to cut up to 500 jobs in France; restructures operations FedEx Details French Operations Overhaul, Job Cuts Expected
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FedEx to Neutral, arguing that recent rally already priced in the benefits of the LTL spin-off — a viewpoint that can sap momentum and contributed to today’s weaker trade. Rothschild & Co Redburn Downgrades FedEx (NYSE:FDX) to Neutral

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.