QRG Capital Management Inc. Has $3.11 Million Stock Holdings in FedEx Corporation $FDX

QRG Capital Management Inc. trimmed its holdings in FedEx Corporation (NYSE:FDX) by 56.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,175 shares of the shipping service provider’s stock after selling 17,084 shares during the quarter. QRG Capital Management Inc.’s holdings in FedEx were worth $3,107,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FDX. Vanguard Group Inc. increased its position in FedEx by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 20,700,326 shares of the shipping service provider’s stock valued at $4,705,391,000 after acquiring an additional 211,165 shares in the last quarter. Dodge & Cox increased its holdings in shares of FedEx by 4.7% in the second quarter. Dodge & Cox now owns 14,482,494 shares of the shipping service provider’s stock valued at $3,292,016,000 after purchasing an additional 649,426 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of FedEx by 0.6% in the second quarter. Geode Capital Management LLC now owns 4,947,670 shares of the shipping service provider’s stock valued at $1,124,524,000 after purchasing an additional 28,450 shares in the last quarter. Franklin Resources Inc. raised its position in FedEx by 2.1% in the 2nd quarter. Franklin Resources Inc. now owns 4,545,371 shares of the shipping service provider’s stock worth $1,033,208,000 after purchasing an additional 94,136 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in FedEx by 28,080.9% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock worth $850,948,000 after buying an additional 3,730,273 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

FedEx Price Performance

FedEx stock opened at $308.11 on Monday. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $72.44 billion, a P/E ratio of 16.99, a PEG ratio of 1.55 and a beta of 1.35. The business has a 50-day moving average of $284.56 and a 200-day moving average of $252.17. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $318.83.

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

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were issued a $1.45 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.80 annualized dividend and a dividend yield of 1.9%. FedEx’s payout ratio is 31.97%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on FDX shares. Truist Financial lifted their target price on FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Friday, December 19th. TD Cowen lifted their price objective on FedEx from $271.00 to $313.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Stifel Nicolaus set a $328.00 target price on shares of FedEx in a research report on Friday, December 19th. Cowen reaffirmed a “buy” rating on shares of FedEx in a research note on Friday, December 19th. Finally, Stephens boosted their price target on shares of FedEx from $260.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, FedEx presently has an average rating of “Hold” and a consensus price target of $302.65.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx announced a ten‑member board for the future independent FedEx Freight, naming R. Brad Martin as chair and confirming leadership ahead of the planned June 1, 2026 spinoff — this reduces governance uncertainty. FedEx Announces Board of Directors for Future Independent FedEx Freight
• Positive Sentiment: FedEx Freight secured committed financing to support independence: a five‑year $1.2B revolver and a three‑year $600M delayed‑draw term loan — improves spinco liquidity and de‑risks short‑term funding. FedEx Sets Financing, Board for FedEx Freight Spinoff
• Positive Sentiment: Market commentators and some analysts continue to express conviction in FedEx’s positioning in freight/logistics (Jim Cramer praise; DBS reaffirmed Buy), which supports longer‑term investor confidence. Jim Cramer on Radiant Logistics DBS Reaffirms Their Buy Rating on FedEx (FDX)
• Neutral Sentiment: FedEx has filed the necessary paperwork to separate FedEx Freight into an independent LTL carrier — a routine but necessary regulatory step in the spin‑off process. FedEx has filed paperwork for FedEx Freight spinoff
• Neutral Sentiment: Multiple outlets are running explanatory pieces on the spin‑off and what it means operationally and financially — helpful context but not new catalyst by itself. Special delivery: FedEx preps its freight business for a major spinoff
• Negative Sentiment: BNP Paribas Exane downgraded FedEx to Neutral / cut to Hold in separate notes, citing valuation or near‑term execution concerns — analyst downgrades can pressure the stock as investors reassess expectations. BNP Paribas Exane Downgrades FedEx (NYSE:FDX) to Neutral FedEx (NYSE:FDX) Cut to Hold at BNP Paribas

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.