Thoroughbred Financial Services LLC Trims Stock Holdings in FedEx Corporation $FDX

Thoroughbred Financial Services LLC decreased its holdings in shares of FedEx Corporation (NYSE:FDX) by 61.4% during the third quarter, HoldingsChannel reports. The fund owned 1,163 shares of the shipping service provider’s stock after selling 1,847 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in FedEx were worth $274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in FDX. Parkside Investments LLC raised its stake in shares of FedEx by 14.5% during the 3rd quarter. Parkside Investments LLC now owns 15,767 shares of the shipping service provider’s stock valued at $3,718,000 after purchasing an additional 1,999 shares during the period. Counterpoint Mutual Funds LLC purchased a new position in FedEx during the 3rd quarter valued at about $323,000. Mufg Securities Americas Inc. grew its holdings in FedEx by 19.8% during the 3rd quarter. Mufg Securities Americas Inc. now owns 5,852 shares of the shipping service provider’s stock valued at $1,380,000 after buying an additional 967 shares in the last quarter. Lake Street Private Wealth LLC increased its position in shares of FedEx by 1.1% during the third quarter. Lake Street Private Wealth LLC now owns 15,686 shares of the shipping service provider’s stock valued at $3,699,000 after buying an additional 172 shares during the period. Finally, First Financial Bankshares Inc purchased a new stake in shares of FedEx in the third quarter worth about $253,000. 84.47% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Barclays boosted their price objective on shares of FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. BNP Paribas Exane set a $280.00 price target on shares of FedEx and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Wells Fargo & Company upped their price target on shares of FedEx from $380.00 to $430.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Rothschild & Co Redburn lifted their price objective on FedEx from $317.00 to $371.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Morgan Stanley upped their target price on FedEx from $200.00 to $210.00 and gave the stock an “underweight” rating in a research note on Friday, December 19th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $364.15.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Evercore published a bullish forecast signaling stronger price appreciation for FDX, supporting sentiment that earnings and cash flow will recover. Evercore Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock
• Positive Sentiment: Rothschild & Co / Redburn raised FedEx’s price target to $371, providing analyst support that can prop up the stock amid headline volatility. Rothschild & Co Redburn Boosts FedEx (NYSE:FDX) Price Target to $371.00
• Positive Sentiment: Zacks highlights FDX as a long‑term value pick, which may attract value investors given the company’s recent earnings beat and FY26 guidance. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Positive Sentiment: FedEx is investing $250M in a dedicated parcel hub at Mumbai’s new airport — a tangible capex commitment to international growth and capacity in a high‑growth market. FedEx invests $250M for dedicated parcel hub at new Mumbai airport
• Neutral Sentiment: Industry/leadership visibility: Incoming FedEx Freight president & CEO John Smith will keynote ACT Expo, an investor‑relevant forum for fleet/efficiency initiatives but not an immediate earnings driver. Incoming FedEx Freight President & CEO John Smith to Deliver Opening Keynote at ACT Expo 2026
• Neutral Sentiment: Market note: coverage pieces flagged that FDX outperformed the broader market on recent sessions, a short‑term technical positive but not a fundamental change. FedEx (FDX) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: FedEx said it will pass any tariff refunds it receives back to customers and shippers — a move that could reduce any windfall cash benefit from successful refund claims and pressure margins/cash flow. FedEx vows to pass any tariff refunds it gets from U.S. on to customers
• Negative Sentiment: Legal and policy risk: FedEx has sued to recover tariffs it paid, joining hundreds of firms after the Supreme Court struck down the tariff orders; Treasury and regulators are pressing for clarity on how rebates get to end consumers — outcomes could create uncertainty over timing and net benefit of any recoveries. FedEx Says It Could Return Tariff Refunds to Customers

FedEx Stock Down 0.2%

Shares of NYSE:FDX opened at $387.07 on Friday. The firm has a fifty day moving average of $331.65 and a 200 day moving average of $277.04. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $392.86. 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 firm has a market capitalization of $91.01 billion, a PE ratio of 21.34, a price-to-earnings-growth ratio of 1.85 and a beta of 1.34.

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

FedEx Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a $1.45 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 annualized dividend and a yield of 1.5%. FedEx’s dividend payout ratio is currently 31.97%.

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.