UniSuper Management Pty Ltd Grows Stock Position in FedEx Corporation $FDX

UniSuper Management Pty Ltd boosted its position in shares of FedEx Corporation (NYSE:FDX) by 13.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,757 shares of the shipping service provider’s stock after buying an additional 2,480 shares during the quarter. UniSuper Management Pty Ltd’s holdings in FedEx were worth $4,895,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. New York State Teachers Retirement System grew its position in FedEx by 2.3% in the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock valued at $48,831,000 after acquiring an additional 4,734 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of FedEx by 10.6% in the third quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock worth $11,419,000 after purchasing an additional 4,634 shares during the last quarter. Pacer Advisors Inc. increased its stake in FedEx by 34.9% in the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock worth $5,679,000 after buying an additional 6,234 shares during the period. CWM LLC lifted its holdings in FedEx by 244.4% during the 3rd quarter. CWM LLC now owns 81,709 shares of the shipping service provider’s stock valued at $19,268,000 after buying an additional 57,983 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its position in FedEx by 24.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 262,121 shares of the shipping service provider’s stock valued at $59,583,000 after buying an additional 51,294 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

More 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%

FDX opened at $304.22 on Monday. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72. The firm has a market cap of $71.53 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 1.53 and a beta of 1.35. FedEx Corporation has a 12 month low of $194.29 and a 12 month high of $318.83. The stock has a fifty day moving average price of $288.62 and a 200-day moving average price of $254.55.

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

FedEx Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have recently commented on FDX shares. Raymond James Financial raised their target price on shares of FedEx from $255.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Citigroup increased their price objective on FedEx from $310.00 to $327.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Sanford C. Bernstein lifted their target price on FedEx from $250.00 to $306.00 and gave the company a “market perform” rating in a research report on Friday, January 9th. Truist Financial upped their target price on FedEx from $285.00 to $330.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of FedEx in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $303.86.

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.