UNIVEST FINANCIAL Corp Purchases 3,576 Shares of FedEx Corporation $FDX

UNIVEST FINANCIAL Corp increased its position in shares of FedEx Corporation (NYSE:FDXFree Report) by 10.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,615 shares of the shipping service provider’s stock after purchasing an additional 3,576 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in FedEx were worth $8,870,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FDX. D.A. Davidson & CO. increased its stake in shares of FedEx by 10.6% during the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock worth $11,419,000 after purchasing an additional 4,634 shares during the last quarter. New York State Teachers Retirement System grew its stake in shares of FedEx by 2.3% during the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock worth $48,831,000 after acquiring an additional 4,734 shares during the period. Pacer Advisors Inc. increased its holdings in FedEx by 34.9% in the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock worth $5,679,000 after acquiring an additional 6,234 shares during the last quarter. CWM LLC raised its stake in FedEx by 244.4% in the 3rd quarter. CWM LLC now owns 81,709 shares of the shipping service provider’s stock valued at $19,268,000 after acquiring an additional 57,983 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its holdings in FedEx by 24.3% during the second 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. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Trading Up 0.8%

NYSE:FDX opened at $309.44 on Friday. The company has a 50-day moving average price of $287.89 and a 200-day moving average price of $253.83. The stock has a market cap of $72.76 billion, a price-to-earnings ratio of 17.06, a P/E/G ratio of 1.54 and a beta of 1.35. 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.

FedEx (NYSE:FDXGet Free Report) last released its quarterly 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. The company had revenue of $23.47 billion during 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 was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were issued a $1.45 dividend. 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 31.97%.

Trending Headlines about FedEx

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Truist Financial lifted their price objective on shares of FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Royal Bank Of Canada cut shares of FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. Rothschild Redb cut FedEx from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Raymond James Financial increased their target price on shares of FedEx from $255.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, December 22nd. Finally, Oppenheimer reissued a “market perform” rating on shares of FedEx in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $303.86.

View Our Latest Report on FDX

FedEx 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.

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Institutional Ownership by Quarter for FedEx (NYSE:FDX)

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