FedEx Corporation $FDX Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC reduced its stake in shares of FedEx Corporation (NYSE:FDX) by 5.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,807 shares of the shipping service provider’s stock after selling 1,692 shares during the period. Modera Wealth Management LLC’s holdings in FedEx were worth $7,265,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Probity Advisors Inc. lifted its position in FedEx by 2.2% during the 3rd quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock worth $467,000 after acquiring an additional 43 shares during the period. WealthPlan Investment Management LLC increased its holdings in shares of FedEx by 3.2% in the second quarter. WealthPlan Investment Management LLC now owns 1,439 shares of the shipping service provider’s stock valued at $327,000 after purchasing an additional 44 shares during the period. Joel Isaacson & Co. LLC raised its stake in shares of FedEx by 1.7% in the third quarter. Joel Isaacson & Co. LLC now owns 2,617 shares of the shipping service provider’s stock worth $617,000 after purchasing an additional 44 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co lifted its holdings in shares of FedEx by 1.2% during the third quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 3,890 shares of the shipping service provider’s stock worth $917,000 after purchasing an additional 45 shares during the period. Finally, L2 Asset Management LLC boosted its position in FedEx by 4.9% in the second quarter. L2 Asset Management LLC now owns 985 shares of the shipping service provider’s stock valued at $224,000 after buying an additional 46 shares during the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched a private offering of senior notes to finance the planned FedEx Freight spin-off — a concrete step that advances the separation and could unlock value if executed as planned. FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
• Positive Sentiment: Argus upgraded FedEx to a “strong-buy,” signaling bullish analyst conviction that could support the stock if other investors follow. FedEx (NYSE:FDX) Stock Price Expected to Rise, Argus Analyst Says
• Positive Sentiment: Several value-oriented write-ups highlight FedEx as a long-term value opportunity (Zacks, MSN), reinforcing a narrative that recent operational changes and potential spin-off benefits make FDX attractive on valuation metrics. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: J.P. Morgan keeps a Hold rating — a reminder that tier-1 coverage remains cautious despite corporate activity; this tempers conviction among some institutional investors. J.P. Morgan Maintains Hold Rating on FedEx: What Investors Should Know
• Neutral Sentiment: High-profile endorsement: Jim Cramer has publicly praised the CEO and FedEx’s strategy, which can help sentiment but may not move fundamentals immediately. FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer
• Negative Sentiment: FedEx outlined a major overhaul of its French operations that could cut up to 500 jobs and involves up to €78M in investment — a move that carries near-term restructuring costs, potential service disruption and execution risk that investors may penalize. FedEx to cut up to 500 jobs in France; restructures operations FedEx Details French Operations Overhaul, Job Cuts Expected
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FedEx to Neutral, arguing that recent rally already priced in the benefits of the LTL spin-off — a viewpoint that can sap momentum and contributed to today’s weaker trade. Rothschild & Co Redburn Downgrades FedEx (NYSE:FDX) to Neutral

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Susquehanna reduced their price target on shares of FedEx from $345.00 to $340.00 in a research report on Tuesday, December 23rd. Citigroup increased their price objective on shares of FedEx from $310.00 to $327.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Jefferies Financial Group raised their target price on shares of FedEx from $315.00 to $326.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Sanford C. Bernstein upped their price target on shares of FedEx from $250.00 to $306.00 and gave the company a “market perform” rating in a report on Friday, January 9th. Finally, Morgan Stanley lifted their price objective on FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, FedEx presently has an average rating of “Hold” and an average price target of $303.86.

FedEx Stock Down 1.8%

FDX stock opened at $304.22 on Friday. 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 firm’s fifty day moving average is $288.62 and its 200 day moving average is $254.42. The firm has a market cap of $71.53 billion, a PE ratio of 16.77, a P/E/G ratio of 1.53 and a beta of 1.35.

FedEx (NYSE:FDX) last posted its 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. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The business had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same period in the prior year, the company posted $4.05 EPS. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, research analysts forecast that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

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

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.