Park Avenue Securities LLC boosted its holdings in FedEx Corporation (NYSE:FDX – Free Report) by 30.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,484 shares of the shipping service provider’s stock after buying an additional 3,139 shares during the quarter. Park Avenue Securities LLC’s holdings in FedEx were worth $3,844,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of FDX. Hollencrest Capital Management bought a new stake in shares of FedEx during the 1st quarter worth $25,000. Solstein Capital LLC acquired a new stake in shares of FedEx during the second quarter worth $27,000. Trifecta Capital Advisors LLC raised its position in shares of FedEx by 3,233.3% during the third quarter. Trifecta Capital Advisors LLC now owns 100 shares of the shipping service provider’s stock worth $29,000 after purchasing an additional 97 shares during the period. C M Bidwell & Associates Ltd. purchased a new stake in shares of FedEx during the second quarter valued at $31,000. Finally, Cedar Mountain Advisors LLC lifted its holdings in shares of FedEx by 77.4% during the first quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider’s stock valued at $33,000 after purchasing an additional 41 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.
FedEx Stock Up 1.0%
NYSE:FDX opened at $307.55 on Friday. The firm has a market capitalization of $72.79 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 1.23 and a beta of 1.28. FedEx Corporation has a 1-year low of $198.00 and a 1-year high of $345.36. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. The business’s fifty day moving average price is $304.55 and its 200 day moving average price is $337.13.
FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $3.34 by $0.40. FedEx had a return on equity of 16.15% and a net margin of 4.09%. The firm had revenue of $22.93 billion during the quarter, compared to analyst estimates of $22.73 billion. During the same period last year, the company posted $3.83 EPS. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. On average, sell-side analysts forecast that FedEx Corporation will post 18.27 earnings per share for the current fiscal year.
FedEx Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were given a dividend of $1.22 per share. 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 1.6%. FedEx’s payout ratio is presently 26.36%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on FDX shares. JPMorgan Chase & Co. increased their price target on FedEx from $399.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday. Stephens raised shares of FedEx to a “strong-buy” rating in a research note on Wednesday, July 8th. Bank of America decreased their target price on shares of FedEx from $378.00 to $359.00 and set a “buy” rating for the company in a report on Tuesday. Citizens Jmp began coverage on shares of FedEx in a research report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price on the stock. Finally, Raymond James Financial reissued an “outperform” rating on shares of FedEx in a research report on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $365.84.
Get Our Latest Analysis on FedEx
More FedEx News
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: Results exceeded expectations: FedEx reported adjusted earnings of $3.74 per share versus the $3.34 consensus and revenue of approximately $22.9 billion, up about 12% year over year and ahead of estimates. Higher package yields, volume growth and cost savings supported profitability. FedEx beats expectations, raises outlook in first report since calendar adjustment
- Positive Sentiment: 2026 guidance increased: Management raised its full-year outlook, including a roughly 12% revenue-growth expectation and adjusted EPS guidance of about $18.60. Premium shipping demand, network optimization and cost reductions are helping offset higher fuel and transportation expenses. FedEx forecasts annual profit above estimates
- Positive Sentiment: Shareholder returns and growth opportunities: FedEx repurchased approximately $2 billion of stock during the quarter, with additional buyback capacity remaining. The company is also attracting parcel-focused customers to its air-freight services, including shipments tied to AI and data-center infrastructure. FedEx drawing parcel-focused shippers to its air freight services
- Positive Sentiment: Analyst support strengthened: HSBC upgraded FDX to Buy with a $370 price target, while JPMorgan maintained an Overweight rating and lifted its target to $400, signaling substantial potential upside in analysts’ view. HSBC upgrades FedEx to Buy
- Neutral Sentiment: Investors are comparing FedEx’s strong performance with United Parcel Service’s results, with both shipping companies beating quarterly estimates and raising outlooks. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
- Negative Sentiment: Margin and earnings-quality risks remain: Rising transportation costs, domestic margin pressure and a softer holiday-quarter outlook could limit near-term upside. GAAP net income also fell sharply, partly because of a loss tied to FedEx Freight, even though adjusted earnings improved. FedEx’s soft holiday-quarter outlook
FedEx Company Profile
FedEx Corporation (NYSE: FDX) 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, customs brokerage, logistics and supply chain services for businesses, governments and consumers.
The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.
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