FedEx Corporation $FDX Shares Bought by Foster & Motley Inc.

Foster & Motley Inc. grew its position in FedEx Corporation (NYSE:FDX) by 159.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,224 shares of the shipping service provider’s stock after acquiring an additional 2,593 shares during the quarter. Foster & Motley Inc.’s holdings in FedEx were worth $1,505,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in FDX. Franklin Resources Inc. boosted its stake in FedEx by 5.9% in the third quarter. Franklin Resources Inc. now owns 4,814,938 shares of the shipping service provider’s stock valued at $1,135,411,000 after acquiring an additional 269,567 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of FedEx during the 2nd quarter worth approximately $586,000. CWM LLC lifted its holdings in shares of FedEx by 32.2% in the 4th quarter. CWM LLC now owns 108,031 shares of the shipping service provider’s stock worth $31,206,000 after purchasing an additional 26,322 shares during the last quarter. Canada Post Corp Registered Pension Plan boosted its position in FedEx by 85.9% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 6,792 shares of the shipping service provider’s stock valued at $1,962,000 after purchasing an additional 3,138 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in FedEx by 19.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,822 shares of the shipping service provider’s stock valued at $12,081,000 after purchasing an additional 6,864 shares during the period. 84.47% of the stock is currently owned by institutional investors.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Bank of America said FedEx Freight’s pricing power is improving and reiterated a Buy rating while raising its price target to $187, signaling confidence that the LTL business can support better earnings growth. Article Title
• Positive Sentiment: FedEx Freight’s first post-spinoff earnings report showed revenue growth and beat revenue expectations, with analysts noting solid underlying growth trends and the potential for margin improvement later in the year. Article Title
• Positive Sentiment: FedEx also announced $4.15 billion in cash tender offers for outstanding notes, which could help optimize its capital structure and lower future interest expense. Article Title
• Neutral Sentiment: Some analysts highlighted that FedEx’s broader business still has strong underlying momentum, but recent stock weakness may reflect “near-term noise” rather than a change in the long-term thesis. Article Title
• Neutral Sentiment: FedEx Freight’s first standalone quarter also included large spinoff-related costs, which pressured operating income and created uncertainty around near-term profitability, even though management expects growth ahead. Article Title
• Negative Sentiment: FedEx shares fell after the Freight unit reported mixed results, including a steep decline in operating income and margin pressure from separation costs, weaker shipment volumes, and higher labor expenses. Article Title
• Negative Sentiment: Another note from analysts pointed to a margin drop and reduced price targets, reinforcing concerns that the market is still focused on near-term earnings pressure rather than the longer-term turnaround. Article Title

Wall Street Analyst Weigh In

FDX has been the topic of several analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of FedEx in a research report on Wednesday. TD Cowen dropped their price objective on shares of FedEx from $426.00 to $354.00 in a report on Wednesday. Truist Financial reduced their target price on shares of FedEx from $425.00 to $365.00 and set a “buy” rating for the company in a research note on Thursday. Raymond James Financial dropped their price target on shares of FedEx from $415.00 to $330.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Bank of America boosted their price objective on FedEx from $376.00 to $378.00 and gave the stock a “buy” rating in a research report on Wednesday. Eighteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $349.60.

FedEx Trading Down 3.3%

Shares of FedEx stock opened at $318.55 on Friday. FedEx Corporation has a fifty-two week low of $172.88 and a fifty-two week high of $345.36. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. The business has a fifty day simple moving average of $363.74 and a 200-day simple moving average of $346.38. The firm has a market cap of $76.01 billion, a price-to-earnings ratio of 17.21, a price-to-earnings-growth ratio of 1.40 and a beta of 1.28.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Tuesday, June 23rd. The shipping service provider reported $6.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.91 by $0.40. The company had revenue of $25.01 billion for the quarter, compared to analysts’ expectations of $24.04 billion. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The business’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.07 EPS. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS. On average, equities analysts forecast that FedEx Corporation will post 21.34 EPS for the current fiscal year.

FedEx Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Monday, June 22nd will be paid a $1.22 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $4.88 dividend on an annualized basis and a yield of 1.5%. FedEx’s dividend payout ratio (DPR) is currently 26.36%.

Insider Activity

In other FedEx news, EVP Gina F. Adams sold 20,450 shares of the business’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the sale, the executive vice president directly owned 19,403 shares of the company’s stock, valued at $7,110,229.35. The trade was a 51.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Susan C. Schwab sold 5,795 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total value of $2,138,355.00. Following the completion of the sale, the director owned 10,038 shares of the company’s stock, valued at $3,704,022. The trade was a 36.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,104 shares of company stock worth $17,599,006 over the last three months. 0.53% of the stock is owned by insiders.

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.