FedEx Corporation $FDX Shares Sold by Value Partners Investments Inc.

Value Partners Investments Inc. trimmed its holdings in FedEx Corporation (NYSE:FDX) by 99.6% in the first quarter, HoldingsChannel.com reports. The firm owned 695 shares of the shipping service provider’s stock after selling 180,600 shares during the quarter. Value Partners Investments Inc.’s holdings in FedEx were worth $247,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. EFG International AG purchased a new stake in shares of FedEx during the 4th quarter worth approximately $27,000. Wealth Watch Advisors INC acquired a new stake in FedEx during the 3rd quarter worth $28,000. Ameriflex Group Inc. raised its stake in FedEx by 103.3% during the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after acquiring an additional 63 shares in the last quarter. Ulland Investment Advisors LLC purchased a new stake in FedEx in the fourth quarter valued at $29,000. Finally, Tucker Asset Management LLC purchased a new stake in FedEx in the fourth quarter valued at $29,000. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

FedEx News Roundup

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

Insider Activity

In other news, EVP Kawal Preet sold 4,900 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the sale, the executive vice president owned 10,953 shares in the company, valued at approximately $4,029,499.17. This trade represents a 30.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan C. Schwab sold 5,795 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $369.00, for a total transaction of $2,138,355.00. Following the transaction, the director owned 10,038 shares in the company, valued at approximately $3,704,022. This trade represents a 36.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,104 shares of company stock worth $17,599,006 over the last quarter. Insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

FDX has been the topic of several research reports. The Goldman Sachs Group dropped their price objective on FedEx from $405.00 to $375.00 and set a “buy” rating on the stock in a report on Monday, June 1st. Zacks Research downgraded FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. JPMorgan Chase & Co. raised FedEx from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $432.00 to $460.00 in a research report on Wednesday, May 27th. Weiss Ratings downgraded FedEx from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Finally, Raymond James Financial lowered their target price on shares of FedEx from $415.00 to $330.00 and set an “outperform” rating on the stock in a research report on Wednesday. Eighteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $349.60.

FedEx Trading Down 3.3%

Shares of FDX stock opened at $318.55 on Friday. The company has a market capitalization of $76.01 billion, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 1.40 and a beta of 1.28. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average is $363.74 and its two-hundred day moving average is $346.38. FedEx Corporation has a twelve month low of $172.88 and a twelve month high of $345.36.

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

FedEx Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd will be given a dividend of $1.22 per share. The ex-dividend date 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 is presently 26.36%.

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.