FedEx Corporation $FDX Shares Purchased by Nordea Investment Management AB

Nordea Investment Management AB raised its stake in FedEx Corporation (NYSE:FDX) by 5.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,913 shares of the shipping service provider’s stock after buying an additional 1,795 shares during the quarter. Nordea Investment Management AB’s holdings in FedEx were worth $9,557,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Grey Fox Wealth Advisors LLC acquired a new stake in shares of FedEx during the third quarter valued at about $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of FedEx in the 2nd quarter worth approximately $28,000. Wealth Watch Advisors INC purchased a new position in shares of FedEx during the 3rd quarter worth approximately $28,000. Ameriflex Group Inc. boosted its position 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 purchasing an additional 63 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new stake in FedEx in the 3rd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Stock Down 0.6%

FDX stock opened at $357.69 on Thursday. The company’s 50 day moving average price is $353.97 and its 200 day moving average price is $294.05. The firm has a market capitalization of $85.35 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 1.58 and a beta of 1.29. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $392.86. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47.

FedEx (NYSE:FDX) last issued its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The company had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. During the same quarter in the previous year, the firm earned $4.51 earnings per share. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. On average, equities research analysts anticipate that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be given 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 30.87%.

Analysts Set New Price Targets

A number of brokerages have issued reports on FDX. BNP Paribas Exane set a $280.00 target price on FedEx and gave the company a “neutral” rating in a research report on Tuesday, January 13th. HSBC raised FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective for the company in a research note on Friday, March 20th. Morgan Stanley boosted their price objective on FedEx from $220.00 to $230.00 and gave the company an “underweight” rating in a report on Friday, March 20th. BMO Capital Markets increased their target price on FedEx from $400.00 to $410.00 and gave the stock a “market perform” rating in a research note on Friday, March 20th. Finally, JPMorgan Chase & Co. raised their target price on FedEx from $424.00 to $432.00 and gave the company a “neutral” rating in a report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $393.85.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Amazon expands free returns to 10,000+ U.S. drop‑off points, increasing potential package volume and utilization at FedEx drop‑off locations. Amazon Teams With FedEx to Expand Free Returns Program
• Positive Sentiment: More than 1,500 FedEx Office locations now accept box‑free Amazon returns, which should help drive foot traffic and incremental volume/fee revenue for FedEx’s retail network. Amazon and FedEx, together again, this time for e-commerce returns
• Positive Sentiment: Market and analyst sentiment is improving: FedEx is among the most‑upgraded names this year and the proposed freight/package split is being framed as a value‑unlock that could improve multiples and capital returns. (Analyst upgrades/price targets cited by MarketBeat.)
• Neutral Sentiment: FedEx launched FedEx SameDay Local via a OneRail partnership, offering 2‑hour or end‑of‑day options — a strategic product expansion that could grow revenue but whose profitability and pricing will depend on retailer adoption and cost control. FedEx launches same-day delivery service amid US delivery race
• Negative Sentiment: Same‑day expansion also highlights competitive pressure from Amazon, Walmart and UPS; investors worry about margin dilution and rising last‑mile costs if pricing or scale aren’t managed. Coverage notes the race to speed up deliveries could compress yields. FedEx launches same-day delivery with OneRail as Amazon, Walmart boost their speeds
• Negative Sentiment: Despite recent beats and market‑share gains, some analysts remain cautious (a mix of Holds and at least one Underweight) and commentary notes FDX has lagged at times — leaving room for profit‑taking after the stock’s strong run. FedEx Stock (FDX) Lags as Logistics Giant Joins the Same-Day Delivery Race

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.