DNB Asset Management AS lifted its position in shares of FedEx Corporation (NYSE:FDX – Free Report) by 17.3% during the third quarter, Holdings Channel.com reports. The firm owned 73,886 shares of the shipping service provider’s stock after acquiring an additional 10,884 shares during the period. DNB Asset Management AS’s holdings in FedEx were worth $17,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently made changes to their positions in FDX. Grey Fox Wealth Advisors LLC purchased a new stake in FedEx during the third quarter worth $27,000. NewSquare Capital LLC raised its position in shares of FedEx by 121.8% in the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after acquiring an additional 67 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of FedEx during the 2nd quarter worth about $28,000. Abich Financial Wealth Management LLC acquired a new stake in shares of FedEx during the 3rd quarter valued at about $39,000. Finally, Physician Wealth Advisors Inc. grew its position in shares of FedEx by 27.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 218 shares of the shipping service provider’s stock valued at $51,000 after acquiring an additional 47 shares during the period. 84.47% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about FedEx
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 Trading Down 0.2%
FedEx (NYSE:FDX – Get Free Report) last posted its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business had revenue of $23.47 billion during the quarter, compared to analyst estimates of $22.79 billion. During the same period in the prior year, the business earned $4.05 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Research analysts expect that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.
FedEx Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors 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 dividend on an annualized basis and a dividend yield of 1.5%. FedEx’s dividend payout ratio is currently 31.97%.
Analyst Ratings Changes
A number of research firms recently weighed in on FDX. The Goldman Sachs Group set a $364.00 price target on FedEx and gave the stock a “buy” rating in a report on Thursday, February 12th. Stifel Nicolaus set a $412.00 target price on FedEx in a research note on Friday, February 13th. Truist Financial increased their target price on FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Argus boosted their price target on shares of FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Finally, Sanford C. Bernstein upgraded shares of FedEx from a “market perform” rating to an “outperform” rating and set a $427.00 price objective for the company in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $364.15.
Get Our Latest Research Report on FedEx
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.
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