Wedge Capital Management L L P NC Decreases Holdings in FedEx Corporation $FDX

Wedge Capital Management L L P NC trimmed its position in FedEx Corporation (NYSE:FDX) by 37.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 20,356 shares of the shipping service provider’s stock after selling 11,966 shares during the quarter. Wedge Capital Management L L P NC’s holdings in FedEx were worth $5,880,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Grey Fox Wealth Advisors LLC acquired a new stake in shares of FedEx in the 3rd quarter worth $27,000. Twin Peaks Wealth Advisors LLC purchased a new position in FedEx during the 2nd quarter worth $28,000. Wealth Watch Advisors INC acquired a new position in FedEx during the 3rd quarter valued at about $28,000. Ameriflex Group Inc. increased its position in FedEx by 103.3% during the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after buying an additional 63 shares in the last quarter. Finally, Ulland Investment Advisors LLC purchased a new stake in FedEx in the fourth quarter valued at about $29,000. 84.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FDX. BMO Capital Markets raised their price target on FedEx from $400.00 to $410.00 and gave the stock a “market perform” rating in a report on Friday, March 20th. Zacks Research downgraded shares of FedEx from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Truist Financial increased their price objective on shares of FedEx from $400.00 to $425.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Morgan Stanley lifted their target price on shares of FedEx from $220.00 to $230.00 and gave the stock an “underweight” rating in a research note on Friday, March 20th. Finally, Wells Fargo & Company boosted their target price on shares of FedEx from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. One 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.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $393.85.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 results topped expectations, management raised full‑year revenue growth to ~6.0–6.5%, and highlighted AI-driven efficiency gains plus new services (e.g., FedEx SameDay Local) that improve margin visibility and organic growth. A Look At FedEx (FDX) Valuation After Earnings Beat Guidance Hike And AI Efficiency Push
• Positive Sentiment: Analyst sentiment has turned constructive: FedEx is one of MarketBeat’s most‑upgraded names in 2026 with several raised price targets (consensus ~$394; some post‑earnings averages near $411), supplying directional support for the stock. Analyst Optimism: MarketBeat’s Most Upgraded Stocks of 2026 (FDX)
• Positive Sentiment: Planned spin‑off of the freight business is viewed as value‑unlocking: it could let the core package business and the freight unit trade at clearer, higher multiples; management has also returned capital via buybacks—an investor‑friendly sign. 5 Spin-Off Stocks That Could Reward Patient Investors in 2026 (FDX)
• Neutral Sentiment: Corporate/community activity: FedEx hosted a Marine Corps Career Readiness webinar—positive for ESG/brand but not directly material to near‑term financials. Preparing Tomorrow’s Leaders: FedEx and the Marine Corps Scholarship Foundation
• Neutral Sentiment: Human‑interest coverage about employee finances highlights operational realities at the ground level; anecdotal and not market moving. FedEx Driver Making $70K Scrambles For Side Gigs As Wife Battles Medical Issues
• Negative Sentiment: Competitive risk: Amazon is accelerating logistics and AI‑driven delivery investments to lower costs and speed, which could pressure pricing and share in certain lanes over time. Amazon Rides on New Logistics and Delivery Innovations: What’s Ahead?
• Negative Sentiment: Macro/geopolitical headwinds: recent market weakness and higher fuel/energy costs tied to the Iran conflict raise downside risk for volumes, margins and valuation multiples in the near term. Watch Planes, Trains & Automobiles for Crisis Clues

FedEx Stock Down 1.5%

FedEx stock opened at $344.23 on Friday. The business’s 50-day simple moving average is $355.42 and its two-hundred day simple moving average is $295.76. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47. The company has a market cap of $82.14 billion, a PE ratio of 18.32, a PEG ratio of 1.51 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.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $1.13. The firm had revenue of $24 billion during the quarter, compared to analysts’ expectations of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the business posted $4.51 earnings per share. Equities analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, March 9th. FedEx’s payout ratio is presently 30.87%.

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.