Wilmington Savings Fund Society FSB Reduces Stake in FedEx Corporation $FDX

Wilmington Savings Fund Society FSB cut its holdings in shares of FedEx Corporation (NYSE:FDX) by 20.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 6,941 shares of the shipping service provider’s stock after selling 1,761 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in FedEx were worth $1,637,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC purchased a new position in FedEx during the 3rd quarter valued at $27,000. Twin Peaks Wealth Advisors LLC bought a new position in FedEx in the second quarter worth about $28,000. Wealth Watch Advisors INC bought a new stake in FedEx during the 3rd quarter valued at approximately $28,000. Ameriflex Group Inc. grew its holdings in shares of 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 during the period. Finally, Abich Financial Wealth Management LLC bought a new position in shares of FedEx in the 3rd quarter worth approximately $39,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Stock Up 1.5%

FDX stock opened at $355.15 on Friday. The stock has a market capitalization of $83.50 billion, a P/E ratio of 19.58, a P/E/G ratio of 1.66 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 1-year low of $194.29 and a 1-year high of $392.86. The business has a fifty day moving average price of $350.29 and a 200-day moving average price of $289.94.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. During the same period last year, the company earned $4.51 EPS. FedEx’s revenue for the quarter was up 8.3% on a year-over-year basis. Equities analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on FDX shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of FedEx in a research report on Monday, December 29th. Raymond James Financial lifted their target price on shares of FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Argus boosted their price target on FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Bank of America raised their price objective on FedEx from $408.00 to $414.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $479.00 price objective on shares of FedEx in a research note on Friday, February 13th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $371.19.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance lift — FedEx posted a double beat (revenue and EPS) and raised FY profit guidance to roughly $19.30–$20.10, a clear near‑term catalyst for the rally. FedEx shares surge as investors cheer resilient demand, higher profit forecast
• Positive Sentiment: Resilient demand and pricing — Management said global demand is holding and the company’s fuel surcharge is offsetting higher oil costs for now, supporting margin durability. FedEx sees global demand holding amid Iran war, raises profit outlook
• Positive Sentiment: Operational execution and strategic moves — Execs highlighted strong peak‑season profitability, cost discipline and that the planned freight spin‑off remains on track, which investors view as value‑enhancing. FedEx Tops Q3 Estimates, Freight Spin-Off Remains On Track
• Neutral Sentiment: Broader market context — Positive FedEx news is arriving amid mixed premarket futures and macro volatility (triple witching, Middle East developments), which can amplify intraday moves but isn’t FedEx‑specific. Stock Market Today: S&P 500, Dow Futures Down Ahead Of ‘Triple Witching’
• Negative Sentiment: Safety probe — The NTSB is investigating a close call between a FedEx and an Alaska Airlines jet at Newark; any operational safety concerns could weigh on sentiment if they lead to regulatory scrutiny or costs. NTSB investigating close call between FedEx, Alaska Airlines jets
• Negative Sentiment: Geopolitical and fuel‑cost risk ahead — Management’s outlook assumes no further major disruptions; sustained oil >\$100 or escalation in the Middle East could push costs higher and dent volume if customers pull back. FedEx is getting more upbeat about the year — despite surging fuel costs

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.