Northstar Asset Management Inc. Trims Position in FedEx Corporation $FDX

Northstar Asset Management Inc. trimmed its position in FedEx Corporation (NYSE:FDX) by 79.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,607 shares of the shipping service provider’s stock after selling 22,054 shares during the period. Northstar Asset Management Inc.’s holdings in FedEx were worth $1,322,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FDX. Brighton Jones LLC grew its position in FedEx by 12.8% during the fourth quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after buying an additional 207 shares during the period. Empowered Funds LLC boosted 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 acquiring an additional 4,548 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of FedEx during the 2nd quarter valued at $586,000. U.S. Capital Wealth Advisors LLC grew its position in shares of FedEx by 2.8% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 3,442 shares of the shipping service provider’s stock valued at $782,000 after acquiring an additional 94 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of FedEx by 39.5% in the 2nd quarter. GAMMA Investing LLC now owns 3,121 shares of the shipping service provider’s stock worth $709,000 after purchasing an additional 883 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Argus raised its price target to $350 and kept a buy/strong-buy view, citing upside from corporate actions and improving fundamentals — a bullish analyst action supporting the stock. Argus adjusts price target on FedEx to $350
• Positive Sentiment: Jim Cramer publicly praised CEO Raj Subramaniam and highlighted the FedEx Freight spin-off as a strategic catalyst investors should watch, lending retail/investor confidence. Jim Cramer on FedEx Freight Spin-Off Plans
• Positive Sentiment: Sector commentary from Zacks flagged air-freight names (including FDX) as well-positioned for upside given cost moves and shareholder-friendly steps, supporting the industry thesis for FedEx. 3 Air-Freight & Cargo Stocks to Monitor
• Neutral Sentiment: J.P. Morgan maintained a hold rating on FDX, signaling cautiousness from a major broker despite positive industry and company developments. J.P. Morgan Maintains Hold Rating on FedEx
• Negative Sentiment: FedEx announced a major overhaul of its French operations that includes network changes, up to 500 job cuts and plans to invest as much as €78 million — a move that should reduce long‑run costs but will create near‑term restructuring charges, execution risk and potential labor/headline risk in Europe. FedEx to cut up to 500 jobs in France; restructures operations
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FDX from buy/strong-buy to neutral/hold and lowered its price target, arguing that recent rally already priced in expected benefits from the LTL/spin‑off moves — a bearish institutional signal that could cap upside. Rothschild & Co downgrades FedEx

Wall Street Analyst Weigh In

FDX has been the topic of several analyst reports. The Goldman Sachs Group lifted their target price on FedEx from $301.00 to $317.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Argus lifted their price objective on FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday. Barclays boosted their price objective on FedEx from $320.00 to $360.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. BNP Paribas Exane set a $280.00 target price on shares of FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Finally, Rothschild Redb downgraded shares of FedEx from a “strong-buy” rating to a “hold” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, FedEx currently has an average rating of “Hold” and a consensus target price of $303.86.

FedEx Stock Up 0.8%

Shares of FDX opened at $309.44 on Friday. The business’s 50 day moving average is $287.89 and its 200 day moving average is $253.83. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $318.83. The company has a market capitalization of $72.76 billion, a PE ratio of 17.06, a price-to-earnings-growth ratio of 1.54 and a beta of 1.35.

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

FedEx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were paid a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Monday, December 15th. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

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.