Robeco Institutional Asset Management B.V. Cuts Stock Holdings in FedEx Corporation $FDX

Robeco Institutional Asset Management B.V. lessened its holdings in FedEx Corporation (NYSE:FDX) by 29.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 47,819 shares of the shipping service provider’s stock after selling 19,742 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in FedEx were worth $11,276,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FDX. Brighton Jones LLC boosted its position in FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after acquiring an additional 207 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of FedEx by 78.9% during the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after purchasing an additional 4,548 shares during the last quarter. Integrity Alliance LLC. boosted its position in FedEx by 435.8% during the first quarter. Integrity Alliance LLC. now owns 5,374 shares of the shipping service provider’s stock valued at $1,310,000 after purchasing an additional 4,371 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in FedEx by 9.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,501 shares of the shipping service provider’s stock valued at $366,000 after purchasing an additional 126 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in FedEx by 34.8% in the first quarter. Acadian Asset Management LLC now owns 3,880 shares of the shipping service provider’s stock worth $943,000 after purchasing an additional 1,002 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Price Performance

Shares of FedEx stock opened at $312.18 on Friday. The firm has a market cap of $73.40 billion, a PE ratio of 17.21, a P/E/G ratio of 1.54 and a beta of 1.35. FedEx Corporation has a twelve month low of $194.29 and a twelve month high of $318.83. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The business has a 50-day moving average price of $279.08 and a 200 day moving average price of $248.99.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating the consensus estimate of $4.02 by $0.80. The company had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.FedEx’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Sell-side analysts predict that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were given a dividend of $1.45 per share. The ex-dividend date was Monday, December 15th. This represents a $5.80 dividend on an annualized basis and a yield of 1.9%. FedEx’s dividend payout ratio is currently 31.97%.

Analyst Ratings Changes

FDX has been the topic of a number of recent analyst reports. TD Cowen raised their price target on shares of FedEx from $271.00 to $313.00 and gave the company a “buy” rating in a report on Friday, December 19th. Jefferies Financial Group raised their target price on shares of FedEx from $315.00 to $326.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of FedEx in a report on Monday, December 29th. Citigroup increased their price objective on FedEx from $310.00 to $327.00 and gave the company a “buy” rating in a report on Friday, December 19th. Finally, JPMorgan Chase & Co. raised their price objective on FedEx from $285.00 to $294.00 and gave the stock a “neutral” rating in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $303.16.

About FedEx

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.