First Trust Advisors LP Buys 21,547 Shares of FedEx Corporation $FDX

First Trust Advisors LP lifted its stake in shares of FedEx Corporation (NYSE:FDX) by 12.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 194,097 shares of the shipping service provider’s stock after purchasing an additional 21,547 shares during the period. First Trust Advisors LP’s holdings in FedEx were worth $45,770,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after purchasing an additional 2,741,723 shares during the period. Dodge & Cox raised its stake in shares of FedEx by 4.7% in the second quarter. Dodge & Cox now owns 14,482,494 shares of the shipping service provider’s stock valued at $3,292,016,000 after buying an additional 649,426 shares during the period. Geode Capital Management LLC lifted its position in shares of FedEx by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock valued at $1,124,524,000 after buying an additional 28,450 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of FedEx by 2.1% during the 2nd quarter. Franklin Resources Inc. now owns 4,545,371 shares of the shipping service provider’s stock valued at $1,033,208,000 after buying an additional 94,136 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of FedEx by 7.5% during the 2nd quarter. Invesco Ltd. now owns 3,510,472 shares of the shipping service provider’s stock worth $797,965,000 after acquiring an additional 245,479 shares during the period. Institutional investors own 84.47% of the company’s stock.

FedEx Stock Up 0.5%

Shares of NYSE:FDX opened at $361.13 on Thursday. The firm has a fifty day moving average price of $344.03 and a two-hundred day moving average price of $285.27. The company has a market cap of $84.91 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 1.71 and a beta of 1.29. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. FedEx Corporation has a one year low of $194.29 and a one year high of $392.86.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.80. The firm had revenue of $23.47 billion for 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Analysts anticipate that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be issued a $1.45 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FDX. Royal Bank Of Canada cut FedEx to a “sector perform” rating in a research note on Wednesday, December 17th. Bank of America upped their price target on shares of FedEx from $408.00 to $414.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $457.00 price objective on shares of FedEx in a research note on Friday, March 6th. Evercore increased their target price on FedEx from $364.00 to $380.00 in a research report on Tuesday, February 24th. Finally, Rothschild & Co Redburn lifted their price target on FedEx from $317.00 to $371.00 and gave the company a “neutral” rating in a research report on Tuesday, February 24th. Two equities research 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 stock has a consensus rating of “Moderate Buy” and a consensus price target of $371.00.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx has quietly surpassed UPS in market value for the first time, a symbolic milestone that markets view as a vote of confidence in FedEx’s recent operational and financial recovery. UPS Falls 11% — And FedEx Just Stole Its Crown
• Positive Sentiment: Coverage and sector comparisons highlight FedEx’s stronger recent performance vs. peers, supporting investor interest in FDX as a beneficiary of shifting market share in parcel/logistics. Is FedEx Corporation Stock Outperforming the Dow?
• Neutral Sentiment: JPMorgan raised its price target on FedEx to $424 from $294 (now a 17%+ upside from current levels) but kept a “neutral” rating — a bullish PT but neutral stance that tempers immediate upgrade-driven buying. Benzinga
• Neutral Sentiment: Industry pieces and roundups (Auto & Transport) are keeping FedEx in focus; these items provide context for seasonal demand and competitive positioning but contain no firm-specific catalysts. Auto & Transport Roundup: Market Talk
• Neutral Sentiment: Industry recognition items (Women In Trucking finalists) highlight labor and public-image themes for trucking/logistics but are unlikely to move FDX stock materially on their own. Women In Trucking Association Announces 2026 Driver of the Year Finalists
• Negative Sentiment: Rising oil/pricing headwinds and sector volatility that pressured UPS could spill over to FedEx; combined with today’s below-average trading volume, these factors could limit upside or make FDX more volatile near-term. UPS Stock Is Deep in Oversold Territory. Should You Buy the Dip?

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.