Y Intercept Hong Kong Ltd Purchases 20,992 Shares of FedEx Corporation $FDX

Y Intercept Hong Kong Ltd grew its position in FedEx Corporation (NYSE:FDX) by 110.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,936 shares of the shipping service provider’s stock after purchasing an additional 20,992 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in FedEx were worth $9,417,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Probity Advisors Inc. grew its position in FedEx by 2.2% during the 3rd quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock worth $467,000 after purchasing an additional 43 shares during the last quarter. WealthPlan Investment Management LLC increased its holdings in FedEx by 3.2% in the 2nd 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 period. Joel Isaacson & Co. LLC raised its position in FedEx by 1.7% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,617 shares of the shipping service provider’s stock worth $617,000 after buying an additional 44 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co lifted its stake in FedEx by 1.2% during the 3rd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 3,890 shares of the shipping service provider’s stock valued at $917,000 after acquiring an additional 45 shares during the period. Finally, L2 Asset Management LLC boosted its holdings in shares of FedEx by 4.9% in the 2nd quarter. L2 Asset Management LLC now owns 985 shares of the shipping service provider’s stock valued at $224,000 after acquiring an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Key FedEx News

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

FedEx Trading Down 1.8%

Shares of FDX stock opened at $304.22 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The company has a market cap of $71.53 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 1.55 and a beta of 1.35. The stock has a 50 day simple moving average of $288.62 and a 200-day simple moving average of $254.31. FedEx Corporation has a 1-year low of $194.29 and a 1-year high of $318.83.

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

FedEx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were paid a dividend of $1.45 per share. 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 payout ratio is currently 31.97%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Stifel Nicolaus set a $328.00 target price on shares of FedEx in a research report on Friday, December 19th. Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a report on Monday, December 29th. Wall Street Zen upgraded FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Rothschild & Co Redburn cut FedEx from a “buy” rating to a “neutral” rating and set a $271.00 price target for the company. in a research report on Wednesday. Finally, The Goldman Sachs Group upped their price objective on FedEx from $301.00 to $317.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $303.86.

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.