Groupama Asset Managment Purchases 2,333 Shares of FedEx Corporation $FDX

Groupama Asset Managment grew its position in FedEx Corporation (NYSE:FDX) by 184.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,595 shares of the shipping service provider’s stock after acquiring an additional 2,333 shares during the quarter. Groupama Asset Managment’s holdings in FedEx were worth $848,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FDX. Investment Research Partners LLC purchased a new position in shares of FedEx during the 3rd quarter worth about $223,000. ARQ Wealth Advisors LLC purchased a new stake in FedEx in the 3rd quarter worth about $626,000. CIBC Private Wealth Group LLC raised its position in FedEx by 2.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 34,671 shares of the shipping service provider’s stock worth $8,176,000 after purchasing an additional 907 shares during the period. Watts Gwilliam & Co. LLC lifted its stake in FedEx by 1.2% in the third quarter. Watts Gwilliam & Co. LLC now owns 3,973 shares of the shipping service provider’s stock worth $937,000 after purchasing an additional 49 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of FedEx during the third quarter valued at approximately $94,164,000. Institutional investors own 84.47% of the company’s stock.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beat and guidance raise — FedEx posted a double beat (EPS and revenue) and lifted full‑year profit guidance, which is the primary driver behind the stock rally. Article Link
• Positive Sentiment: Analyst re‑ratings and price‑target lifts — Multiple firms (UBS, Wells Fargo, BofA, Susquehanna, Stephens, TD Cowen, Truist, Stifel, BMO, etc.) raised targets or upgraded ratings after the results, supporting further upside sentiment. Article Link
• Neutral Sentiment: Management says demand is holding — FedEx flagged that early‑March volumes matched expectations and that its fuel surcharge is moderating higher fuel costs, but management assumes no additional geopolitical disruptions. That reduces immediate downside but leaves exposure to future shocks. Article Link
• Neutral Sentiment: Market context is mixed — broader markets are pressured by oil/geo risks and macro data, so FedEx’s outperformance is occurring in a risk‑off environment that could limit follow‑through. Article Link
• Negative Sentiment: Cost and segment risks persist — fuel costs are materially higher (a key margin headwind) and the Freight business remains weak; both could pressure results if trends worsen. Article Link
• Negative Sentiment: Some caution in the market and mixed guidance reaction — a few headlines note the company gave a relatively cautious near‑term forecast that caused intraday profit‑taking, and one major house (Morgan Stanley) still expresses an underweight stance with a much lower target. Article Link
• Negative Sentiment: Operational/PR risk — the NTSB is probing a close runway call involving a FedEx jet, a reputational/operational overhang to monitor. Article Link

Analyst Ratings Changes

A number of research analysts have recently commented on the company. BMO Capital Markets upped their target price on FedEx from $400.00 to $410.00 and gave the company a “market perform” rating in a research note on Friday. Stephens raised their price target on FedEx from $405.00 to $435.00 and gave the stock an “overweight” rating in a research note on Friday. Sanford C. Bernstein restated an “outperform” rating and set a $457.00 price objective on shares of FedEx in a report on Friday, March 6th. Wells Fargo & Company increased their target price on FedEx from $430.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Wall Street Zen downgraded FedEx from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 14th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $393.85.

FedEx Stock Up 0.7%

Shares of NYSE:FDX opened at $358.44 on Friday. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $392.86. The stock has a market cap of $84.28 billion, a P/E ratio of 19.08, a PEG ratio of 1.69 and a beta of 1.29. The business has a fifty day moving average of $351.21 and a two-hundred day moving average of $290.82. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, topping the consensus estimate of $4.12 by $1.13. The business had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. FedEx had a return on equity of 17.03% and a net margin of 4.88%.The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.51 EPS. On average, research analysts expect that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. FedEx’s payout ratio is 30.87%.

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.