Legal & General Group Plc Acquires 50,161 Shares of FedEx Corporation $FDX

Legal & General Group Plc boosted its holdings in shares of FedEx Corporation (NYSE:FDX) by 3.5% in the third quarter, Holdings Channel.com reports. The fund owned 1,483,640 shares of the shipping service provider’s stock after acquiring an additional 50,161 shares during the quarter. Legal & General Group Plc’s holdings in FedEx were worth $349,857,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC bought a new stake in shares of FedEx during the third quarter worth $27,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of FedEx during the second quarter valued at $28,000. Ameriflex Group Inc. grew its holdings in shares of FedEx by 103.3% in the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after purchasing an additional 63 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in FedEx in the 3rd quarter worth about $39,000. Finally, Physician Wealth Advisors Inc. increased its stake in FedEx by 27.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 218 shares of the shipping service provider’s stock worth $51,000 after buying an additional 47 shares during the period. Institutional investors own 84.47% of the company’s stock.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx has quietly surpassed UPS in market value for the first time, a symbolic milestone that markets view as a vote of confidence in FedEx’s recent operational and financial recovery. UPS Falls 11% — And FedEx Just Stole Its Crown
• Positive Sentiment: Coverage and sector comparisons highlight FedEx’s stronger recent performance vs. peers, supporting investor interest in FDX as a beneficiary of shifting market share in parcel/logistics. Is FedEx Corporation Stock Outperforming the Dow?
• Neutral Sentiment: JPMorgan raised its price target on FedEx to $424 from $294 (now a 17%+ upside from current levels) but kept a “neutral” rating — a bullish PT but neutral stance that tempers immediate upgrade-driven buying. Benzinga
• Neutral Sentiment: Industry pieces and roundups (Auto & Transport) are keeping FedEx in focus; these items provide context for seasonal demand and competitive positioning but contain no firm-specific catalysts. Auto & Transport Roundup: Market Talk
• Neutral Sentiment: Industry recognition items (Women In Trucking finalists) highlight labor and public-image themes for trucking/logistics but are unlikely to move FDX stock materially on their own. Women In Trucking Association Announces 2026 Driver of the Year Finalists
• Negative Sentiment: Rising oil/pricing headwinds and sector volatility that pressured UPS could spill over to FedEx; combined with today’s below-average trading volume, these factors could limit upside or make FDX more volatile near-term. UPS Stock Is Deep in Oversold Territory. Should You Buy the Dip?

FedEx Trading Up 0.5%

NYSE FDX opened at $361.13 on Thursday. FedEx Corporation has a one year low of $194.29 and a one year high of $392.86. 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 company has a market capitalization of $84.91 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 1.71 and a beta of 1.29. The company’s 50-day simple moving average is $344.03 and its two-hundred day simple moving average is $285.27.

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, topping the consensus estimate of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The firm had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the prior year, the company earned $4.05 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities analysts forecast that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be given a $1.45 dividend. This represents a $5.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, March 9th. FedEx’s payout ratio is presently 31.97%.

Analyst Ratings Changes

FDX has been the subject of several research reports. Bank of America boosted their price objective on shares of FedEx from $408.00 to $414.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. raised their target price on shares of FedEx from $294.00 to $424.00 and gave the stock a “neutral” rating in a research report on Tuesday. Zacks Research raised shares of FedEx from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $457.00 price target on shares of FedEx in a report on Friday, March 6th. Finally, BNP Paribas Exane set a $280.00 price objective on FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, FedEx presently has a consensus rating of “Moderate Buy” and an average target price of $371.00.

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.