V Square Quantitative Management LLC acquired a new stake in FedEx Corporation (NYSE:FDX – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 1,573 shares of the shipping service provider’s stock, valued at approximately $454,000.
A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. grew its stake in FedEx by 13.2% in the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after buying an additional 2,741,723 shares in the last quarter. Dodge & Cox grew its stake in FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after buying an additional 1,742,666 shares in the last quarter. Franklin Resources Inc. grew its stake in FedEx by 5.9% in the 3rd quarter. Franklin Resources Inc. now owns 4,814,938 shares of the shipping service provider’s stock valued at $1,135,411,000 after buying an additional 269,567 shares in the last quarter. Invesco Ltd. grew its stake in FedEx by 3.1% in the 3rd quarter. Invesco Ltd. now owns 3,618,898 shares of the shipping service provider’s stock valued at $853,372,000 after buying an additional 108,426 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in FedEx by 169.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock valued at $638,203,000 after buying an additional 1,718,278 shares in the last quarter. 84.47% of the stock is currently owned by hedge funds and other institutional investors.
FedEx Stock Down 0.8%
FDX opened at $373.98 on Friday. The company has a fifty day moving average price of $365.77 and a 200-day moving average price of $304.58. The firm has a market capitalization of $89.23 billion, a P/E ratio of 19.90, a price-to-earnings-growth ratio of 1.65 and a beta of 1.28. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. FedEx Corporation has a one year low of $199.85 and a one year high of $392.86.
FedEx Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were issued a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 9th. FedEx’s payout ratio is currently 30.87%.
Wall Street Analysts Forecast Growth
FDX has been the subject of a number of recent research reports. Citigroup lifted their price objective on shares of FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Barclays boosted their price target on shares of FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Jefferies Financial Group boosted their price target on shares of FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. Finally, Wall Street Zen upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 4th. Eighteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $397.38.
Get Our Latest Stock Analysis on FDX
More FedEx News
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: Company raised FY‑2026 guidance — FedEx updated FY‑2026 EPS guidance to a range above consensus and lifted revenue guidance, supporting expectations for stronger profitability this year.
- Positive Sentiment: Spinoff clarity for FedEx Freight should sharpen valuation and investor focus: management laid out targets, leadership and timing (targeting around June 1) for the FedEx Freight separation, which could unlock value and make the core parcel/cargo business easier to value. FedEx Freight Spinoff Sharpens Valuation And Segment Focus
- Positive Sentiment: Tentative pilot wage deal reduces a major operational overhang — FedEx reached a preliminary agreement with its pilots union after prolonged talks, lowering the risk of strikes and near-term disruption. FedEx reaches tentative wage deal with pilots after years of talks
- Positive Sentiment: FedEx Freight growth targets support the standalone story — Investor materials show FedEx Freight aiming for mid‑teens profit growth, which improves the case for the spin and potential valuation upside for shareholders. FedEx Freight Aims for 12% Profit Growth
- Positive Sentiment: Analysts continue to favor the stock overall — a coverage roundup shows an average “Moderate Buy” analyst rating, indicating general analyst support for the shares. FedEx Given Average Rating of “Moderate Buy” by Analysts
- Neutral Sentiment: Momentum and index exposure notes — pieces highlighting FedEx as a momentum stock and its tracking of e‑commerce logistics in an S&P fund are informative for flows but are not immediate catalysts. Here’s Why FedEx is a Strong Momentum Stock FedEx Tracks E-Commerce Logistics Growth In S&P 500 Fund
- Neutral Sentiment: JPMorgan reaffirmed a neutral rating — keeps balance between risk and reward in one major analyst view. FedEx JPMorgan Sticks Neutral
- Neutral Sentiment: Local facility closure (Plattsburgh) is part of Network 2.0 — signals continued network optimization that may reduce long‑term costs but creates short‑term disruption. FedEx to close Plattsburgh facility in June
- Negative Sentiment: Wolfe Research trimmed its price target — a cut to $423 signals some analyst caution on upside and may weigh on sentiment despite most targets remaining above the current price. Wolfe Research Cuts FedEx Price Target to $423.00
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.
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