Investment House LLC Sells 6,250 Shares of FedEx Corporation $FDX

Investment House LLC trimmed its stake in FedEx Corporation (NYSE:FDX) by 21.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 22,862 shares of the shipping service provider’s stock after selling 6,250 shares during the quarter. Investment House LLC’s holdings in FedEx were worth $5,391,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Probity Advisors Inc. grew its stake in FedEx by 2.2% in the third quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock valued at $467,000 after purchasing an additional 43 shares during the last quarter. WealthPlan Investment Management LLC boosted its holdings in shares of FedEx by 3.2% in the 2nd quarter. WealthPlan Investment Management LLC now owns 1,439 shares of the shipping service provider’s stock valued at $327,000 after buying an additional 44 shares in the last quarter. Joel Isaacson & Co. LLC boosted its holdings in shares of FedEx by 1.7% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,617 shares of the shipping service provider’s stock valued at $617,000 after buying an additional 44 shares in the last quarter. NORTHSTAR ASSET MANAGEMENT Co grew its position in shares of FedEx by 1.2% in the 3rd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 3,890 shares of the shipping service provider’s stock worth $917,000 after buying an additional 45 shares during the last quarter. Finally, L2 Asset Management LLC raised its stake in shares of FedEx by 4.9% during the 2nd quarter. L2 Asset Management LLC now owns 985 shares of the shipping service provider’s stock worth $224,000 after acquiring an additional 46 shares in the last quarter. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on FDX. Oppenheimer restated a “market perform” rating on shares of FedEx in a research note on Friday, December 19th. Rothschild & Co Redburn cut FedEx from a “buy” rating to a “neutral” rating and set a $271.00 price objective for the company. in a research report on Wednesday. Citigroup boosted their target price on FedEx from $310.00 to $327.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Morgan Stanley increased their price target on FedEx from $200.00 to $210.00 and gave the company an “underweight” rating in a research note on Friday, December 19th. Finally, Evercore ISI raised their price target on FedEx from $275.00 to $288.00 in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $303.86.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched a private offering of senior notes to finance the planned FedEx Freight spin-off — a concrete step that advances the separation and could unlock value if executed as planned. FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
• Positive Sentiment: Argus upgraded FedEx to a “strong-buy,” signaling bullish analyst conviction that could support the stock if other investors follow. FedEx (NYSE:FDX) Stock Price Expected to Rise, Argus Analyst Says
• Positive Sentiment: Several value-oriented write-ups highlight FedEx as a long-term value opportunity (Zacks, MSN), reinforcing a narrative that recent operational changes and potential spin-off benefits make FDX attractive on valuation metrics. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: J.P. Morgan keeps a Hold rating — a reminder that tier-1 coverage remains cautious despite corporate activity; this tempers conviction among some institutional investors. J.P. Morgan Maintains Hold Rating on FedEx: What Investors Should Know
• Neutral Sentiment: High-profile endorsement: Jim Cramer has publicly praised the CEO and FedEx’s strategy, which can help sentiment but may not move fundamentals immediately. FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer
• Negative Sentiment: FedEx outlined a major overhaul of its French operations that could cut up to 500 jobs and involves up to €78M in investment — a move that carries near-term restructuring costs, potential service disruption and execution risk that investors may penalize. FedEx to cut up to 500 jobs in France; restructures operations FedEx Details French Operations Overhaul, Job Cuts Expected
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FedEx to Neutral, arguing that recent rally already priced in the benefits of the LTL spin-off — a viewpoint that can sap momentum and contributed to today’s weaker trade. Rothschild & Co Redburn Downgrades FedEx (NYSE:FDX) to Neutral

FedEx Stock Performance

Shares of FDX opened at $304.22 on Friday. 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 stock has a 50-day moving average of $288.62 and a two-hundred day moving average of $254.42. The stock has a market cap of $71.53 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.53 and a beta of 1.35. FedEx Corporation has a one year low of $194.29 and a one year high of $318.83.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) 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 firm had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same period last year, the business posted $4.05 earnings per share. The company’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. As a group, research analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders 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 was Monday, December 15th. FedEx’s payout ratio is presently 31.97%.

FedEx Company Profile

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.