FedEx Corporation $FDX Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. raised its position in FedEx Corporation (NYSE:FDX) by 5.9% in the third quarter, Holdings Channel reports. The institutional investor owned 4,814,938 shares of the shipping service provider’s stock after purchasing an additional 269,567 shares during the period. Franklin Resources Inc.’s holdings in FedEx were worth $1,135,411,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FDX. Quadrant Capital Group LLC raised its holdings in FedEx by 0.5% in the 3rd quarter. Quadrant Capital Group LLC now owns 7,884 shares of the shipping service provider’s stock worth $1,859,000 after purchasing an additional 43 shares during the period. Capital Research Global Investors grew its holdings in FedEx by 1.2% in the third quarter. Capital Research Global Investors now owns 179,077 shares of the shipping service provider’s stock valued at $42,228,000 after purchasing an additional 2,144 shares during the period. Capital International Inc. CA increased its position in shares of FedEx by 0.7% in the third quarter. Capital International Inc. CA now owns 140,909 shares of the shipping service provider’s stock valued at $33,228,000 after buying an additional 930 shares in the last quarter. Bank of Montreal Can increased its position in shares of FedEx by 12.2% in the third quarter. Bank of Montreal Can now owns 241,670 shares of the shipping service provider’s stock valued at $56,988,000 after buying an additional 26,346 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of FedEx by 3.5% during the 3rd quarter. Legal & General Group Plc now owns 1,483,640 shares of the shipping service provider’s stock worth $349,857,000 after buying an additional 50,161 shares during the period. 84.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FDX. Evercore increased their target price on FedEx from $364.00 to $380.00 in a research report on Tuesday, February 24th. Argus upped their price objective on shares of FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Morgan Stanley increased their price objective on shares of FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a report on Friday, December 19th. TD Cowen lifted their target price on shares of FedEx from $313.00 to $383.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Wall Street Zen raised shares of FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $371.00.

FedEx Stock Down 0.4%

NYSE FDX opened at $359.52 on Wednesday. The business has a fifty day moving average price of $342.59 and a 200 day moving average price of $284.73. 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 company has a market cap of $84.53 billion, a P/E ratio of 19.82, a P/E/G ratio of 1.72 and a beta of 1.29. FedEx Corporation has a one year low of $194.29 and a one year high of $392.86.

FedEx (NYSE:FDX) last announced 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 company had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the previous year, the company posted $4.05 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Research 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. Investors of record on Monday, March 9th will be given a dividend of $1.45 per share. The ex-dividend date is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. FedEx’s payout ratio is presently 31.97%.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: JPMorgan raised its price target on FDX sharply to $424 (from $294) while keeping a “neutral” rating — the new target implies meaningful upside relative to current levels and may support buying interest or limit downside. JPMorgan raises FDX price target to $424
• Positive Sentiment: Coverage pieces note FedEx has outperformed the Dow over the past year and analysts remain moderately bullish, reinforcing a narrative of operational recovery and earnings momentum that could attract momentum investors. Is FedEx Corporation Stock Outperforming the Dow?
• Neutral Sentiment: Sector roundups and comparative pieces (FedEx vs. UPS) provide context on long-term returns and industry positioning — useful for investors re-evaluating allocation between parcel carriers but not likely to move shares by themselves. Investing $1,000 in FedEx or UPS a Decade Ago Would Have Garnered How Much?
• Neutral Sentiment: Auto & Transport sector roundups mention FedEx alongside peers; these summaries are useful for macro/peer analysis but carry limited direct impact unless they highlight new guidance or contract news. Auto & Transport Roundup: Market Talk
• Neutral Sentiment: Local franchising and small-operator news (e.g., AIM Mail Center ownership change) are operationally immaterial to FedEx’s corporate performance. New Owner of AIM Mail Center in Rocklin, California Continues 24-Year Legacy
• Negative Sentiment: Rising oil prices and a sector-wide jump in fuel costs pressured parcel carriers: UPS plunged after oil topped $100/barrel and reports say FedEx also fell in sympathy — higher fuel costs compress margins and can weigh on near-term profitability and sentiment. UPS Stock Plummets 5% Amid Oil Price Surge and Transport Sector Turbulence

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.