Rep. Maria Elvira Salazar Unloads Shares of FedEx Corporation (NYSE:FDX)

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of FedEx Corporation (NYSE:FDX). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in FedEx stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 9/24/2026.

FedEx Stock Performance

Shares of NYSE FDX opened at $292.16 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. The firm’s 50-day moving average price is $311.57 and its two-hundred day moving average price is $336.29. FedEx Corporation has a 52-week low of $179.69 and a 52-week high of $345.36. The stock has a market capitalization of $69.14 billion, a P/E ratio of 15.78, a P/E/G ratio of 1.56 and a beta of 1.28.

FedEx (NYSE:FDX) last announced its quarterly earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. The company had revenue of $23.26 billion during the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. As a group, sell-side analysts forecast that FedEx Corporation will post 17.53 earnings per share for the current year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Monday, September 14th were issued a $1.22 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a yield of 1.7%. FedEx’s dividend payout ratio (DPR) is currently 26.36%.

Institutional Trading of FedEx

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in FedEx in the 2nd quarter valued at about $6,508,103,000. Primecap Management Co. CA acquired a new stake in FedEx during the 2nd quarter worth approximately $2,554,138,000. Bank of America Corp DE purchased a new position in shares of FedEx in the 2nd quarter valued at approximately $579,171,000. Bank of New York Mellon Corp acquired a new position in shares of FedEx in the second quarter valued at approximately $466,943,000. Finally, Legal & General Group Plc purchased a new stake in shares of FedEx during the second quarter worth approximately $448,121,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on FDX. Stifel Nicolaus dropped their price target on shares of FedEx from $442.00 to $326.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. BMO Capital Markets reiterated a “market perform” rating on shares of FedEx in a research report on Wednesday, June 24th. BNP Paribas Exane increased their price objective on FedEx from $269.80 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, September 30th. Jefferies Financial Group started coverage on FedEx in a research report on Tuesday, June 23rd. They issued a “buy” rating and a $200.00 target price on the stock. Finally, Bank of America reaffirmed a “buy” rating and set a $140.00 target price on shares of FedEx in a research note on Tuesday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $354.64.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About FedEx

FedEx Corporation is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, and logistics services for businesses, government organizations and consumers.

The company’s services include domestic and international parcel delivery, less-than-truckload freight transportation, supply chain management, customs and trade assistance, warehousing, fulfillment and other logistics solutions.