Mizuho Markets Americas LLC Reduces Holdings in FedEx Corporation $FDX

Mizuho Markets Americas LLC lessened its holdings in FedEx Corporation (NYSE:FDX) by 53.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 248,698 shares of the shipping service provider’s stock after selling 288,619 shares during the period. FedEx accounts for approximately 1.1% of Mizuho Markets Americas LLC’s portfolio, making the stock its 20th largest holding. Mizuho Markets Americas LLC owned approximately 0.11% of FedEx worth $58,645,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FDX. Allstate Corp acquired a new position in shares of FedEx during the 3rd quarter worth approximately $1,856,000. Wealth Enhancement Advisory Services LLC increased its position in FedEx by 17.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 126,645 shares of the shipping service provider’s stock worth $30,690,000 after buying an additional 18,689 shares in the last quarter. Intrua Financial LLC acquired a new position in shares of FedEx in the third quarter worth $305,000. Xcel Wealth Management LLC raised its holdings in shares of FedEx by 110.3% in the third quarter. Xcel Wealth Management LLC now owns 11,096 shares of the shipping service provider’s stock worth $2,617,000 after acquiring an additional 5,819 shares during the last quarter. Finally, FAS Wealth Partners Inc. lifted its position in shares of FedEx by 5.1% in the third quarter. FAS Wealth Partners Inc. now owns 9,652 shares of the shipping service provider’s stock valued at $2,276,000 after acquiring an additional 470 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx announced a ten‑member board for the future independent FedEx Freight, naming R. Brad Martin as chair and confirming leadership ahead of the planned June 1, 2026 spinoff — this reduces governance uncertainty. FedEx Announces Board of Directors for Future Independent FedEx Freight
• Positive Sentiment: FedEx Freight secured committed financing to support independence: a five‑year $1.2B revolver and a three‑year $600M delayed‑draw term loan — improves spinco liquidity and de‑risks short‑term funding. FedEx Sets Financing, Board for FedEx Freight Spinoff
• Positive Sentiment: Market commentators and some analysts continue to express conviction in FedEx’s positioning in freight/logistics (Jim Cramer praise; DBS reaffirmed Buy), which supports longer‑term investor confidence. Jim Cramer on Radiant Logistics DBS Reaffirms Their Buy Rating on FedEx (FDX)
• Neutral Sentiment: FedEx has filed the necessary paperwork to separate FedEx Freight into an independent LTL carrier — a routine but necessary regulatory step in the spin‑off process. FedEx has filed paperwork for FedEx Freight spinoff
• Neutral Sentiment: Multiple outlets are running explanatory pieces on the spin‑off and what it means operationally and financially — helpful context but not new catalyst by itself. Special delivery: FedEx preps its freight business for a major spinoff
• Negative Sentiment: BNP Paribas Exane downgraded FedEx to Neutral / cut to Hold in separate notes, citing valuation or near‑term execution concerns — analyst downgrades can pressure the stock as investors reassess expectations. BNP Paribas Exane Downgrades FedEx (NYSE:FDX) to Neutral FedEx (NYSE:FDX) Cut to Hold at BNP Paribas

FedEx Stock Performance

Shares of FDX stock opened at $308.11 on Monday. FedEx Corporation has a one year low of $194.29 and a one year high of $318.83. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27. The company has a 50 day moving average price of $284.56 and a 200 day moving average price of $252.17. The firm has a market capitalization of $72.44 billion, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 1.55 and a beta of 1.35.

FedEx (NYSE:FDX) last announced its quarterly earnings data 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 during 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 business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Sell-side analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

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

Wall Street Analyst Weigh In

FDX has been the subject of a number of recent research reports. Stephens lifted their price objective on FedEx from $260.00 to $330.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Wolfe Research reiterated an “outperform” rating on shares of FedEx in a report on Thursday, January 8th. Cowen reissued a “buy” rating on shares of FedEx in a research note on Friday, December 19th. Sanford C. Bernstein raised their target price on shares of FedEx from $250.00 to $306.00 and gave the stock a “market perform” rating in a research report on Friday, January 9th. Finally, Citigroup boosted their price target on FedEx from $310.00 to $327.00 and gave the company a “buy” rating in a report on Friday, December 19th. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $302.65.

FedEx 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.