FedEx Corporation $FDX Shares Sold by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA reduced its holdings in FedEx Corporation (NYSE:FDXFree Report) by 11.6% during the 3rd quarter, Holdings Channel reports. The firm owned 13,365 shares of the shipping service provider’s stock after selling 1,759 shares during the quarter. Roffman Miller Associates Inc. PA’s holdings in FedEx were worth $3,152,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Czech National Bank grew its holdings in shares of FedEx by 5.9% in the second quarter. Czech National Bank now owns 53,881 shares of the shipping service provider’s stock valued at $12,248,000 after purchasing an additional 2,987 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in FedEx by 24.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 262,121 shares of the shipping service provider’s stock valued at $59,583,000 after purchasing an additional 51,294 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in FedEx in the 2nd quarter valued at about $586,000. Sage Capital Advisors llc grew its stake in shares of FedEx by 136.5% in the 2nd quarter. Sage Capital Advisors llc now owns 34,697 shares of the shipping service provider’s stock valued at $7,887,000 after buying an additional 20,024 shares during the period. Finally, Jackson Thornton Wealth Management LLC acquired a new stake in shares of FedEx during the 2nd quarter worth approximately $298,000. 84.47% of the stock is owned by institutional investors and hedge funds.

FedEx Trading Up 1.3%

NYSE FDX opened at $292.48 on Tuesday. 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 firm has a market cap of $68.77 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 1.47 and a beta of 1.32. The firm has a 50 day simple moving average of $263.59 and a 200-day simple moving average of $242.08. FedEx Corporation has a one year low of $194.29 and a one year high of $292.88.

FedEx (NYSE:FDXGet Free Report) last released its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The company had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same period in the prior year, the business earned $4.05 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities research analysts anticipate that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th will be paid a $1.45 dividend. This represents a $5.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, December 15th. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

Analyst Ratings Changes

FDX has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on FedEx from $276.00 to $322.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. Vertical Research cut their price objective on FedEx from $280.00 to $275.00 in a research report on Friday, September 19th. Wolfe Research upped their target price on shares of FedEx from $322.00 to $328.00 and gave the company an “outperform” rating in a research report on Friday. Daiwa Capital Markets increased their target price on shares of FedEx from $232.00 to $240.00 and gave the stock a “neutral” rating in a research note on Monday, September 22nd. Finally, Wells Fargo & Company boosted their price target on shares of FedEx from $290.00 to $295.00 and gave the company an “equal weight” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, FedEx has a consensus rating of “Hold” and a consensus target price of $299.12.

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FedEx News Roundup

Here are the key news stories impacting FedEx this week:

FedEx Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for FedEx (NYSE:FDX)

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