FedEx Corporation $FDX Holdings Trimmed by Keel Point LLC

Keel Point LLC reduced its position in shares of FedEx Corporation (NYSE:FDX) by 85.2% during the third quarter, Holdings Channel.com reports. The fund owned 2,691 shares of the shipping service provider’s stock after selling 15,442 shares during the quarter. Keel Point LLC’s holdings in FedEx were worth $635,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FDX. Vanguard Group Inc. boosted its position in shares of FedEx by 13.2% during the 3rd 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 in the last quarter. Norges Bank acquired a new position in shares of FedEx in the 2nd quarter worth approximately $605,497,000. Boston Partners bought a new stake in shares of FedEx in the 3rd quarter worth approximately $468,195,000. Dodge & Cox raised its holdings in shares of FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in FedEx by 169.2% during the third quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock valued at $638,203,000 after purchasing an additional 1,718,278 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on FDX shares. Wall Street Zen cut shares of FedEx from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 14th. Zacks Research upgraded FedEx from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 17th. Sanford C. Bernstein reissued an “outperform” rating and set a $457.00 price objective on shares of FedEx in a research note on Friday, March 6th. Morgan Stanley lifted their target price on FedEx from $200.00 to $210.00 and gave the stock an “underweight” rating in a report on Friday, December 19th. Finally, Citigroup boosted their target price on FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, FedEx currently has an average rating of “Moderate Buy” and an average price target of $371.19.

FedEx Stock Up 1.5%

Shares of NYSE:FDX opened at $355.15 on Friday. 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 $83.50 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 1.66 and a beta of 1.29. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $392.86. The firm has a 50 day simple moving average of $350.29 and a 200 day simple moving average of $289.94.

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

FedEx Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s payout ratio is currently 31.97%.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beats and raised guidance — FedEx posted $5.25 EPS on $24B revenue, topping estimates and raising FY26 guidance, a clear catalyst for investor optimism about earnings durability and cash flow. FedEx Reports Strong Third Quarter Results
• Positive Sentiment: Freight spin‑off still on track — management reiterated progress on the planned freight separation, which investors view as value‑unlocking and supportive of the long‑term thesis. FedEx Tops Q3 Estimates, Freight Spin-Off Remains On Track
• Neutral Sentiment: Analyst positioning and price targets — some brokers raised forecasts and price targets (e.g., JPMorgan), supporting momentum, while others caution on valuation; this mixed analyst activity can amplify moves but also add volatility. FedEx Q1 earnings: What to expect
• Neutral Sentiment: Network changes — FedEx plans to close nine New York parcel centers; this may trim costs but could also signal localized demand shifts, so the market will watch the margin impact. FedEx to shutter 9 New York parcel centers
• Negative Sentiment: Geopolitical and fuel‑cost headwinds — management flagged rising fuel costs and Middle East tensions that could raise operating expenses and disrupt flows, a material short‑term risk for margins. FedEx is getting more upbeat about the year — despite surging fuel costs
• Negative Sentiment: Safety/regulatory risk — the NTSB is investigating a runway close‑call involving a FedEx jet, which introduces operational and reputational risk that could attract regulatory scrutiny. NTSB investigating close call between FedEx, Alaska Airlines jets
• Negative Sentiment: Industry pressure — commentary highlights a leaner, more competitive logistics market and e‑commerce normalization, which could limit upside in volume and pricing over time. FedEx Earnings Point to a Leaner, More Competitive Logistics Industry

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.