FedEx Corporation $FDX Holdings Lifted by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in FedEx Corporation (NYSE:FDX) by 542.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,563 shares of the shipping service provider’s stock after acquiring an additional 130,491 shares during the period. SG Americas Securities LLC owned about 0.07% of FedEx worth $36,448,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of FDX. NewSquare Capital LLC lifted its position in shares of FedEx by 121.8% in the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in FedEx in the 2nd quarter worth approximately $28,000. City Holding Co. lifted its position in FedEx by 167.0% in the 3rd quarter. City Holding Co. now owns 267 shares of the shipping service provider’s stock worth $63,000 after buying an additional 167 shares in the last quarter. Caldwell Trust Co purchased a new position in shares of FedEx during the 2nd quarter valued at $91,000. Finally, OFI Invest Asset Management grew its holdings in shares of FedEx by 67.2% during the 2nd quarter. OFI Invest Asset Management now owns 423 shares of the shipping service provider’s stock valued at $96,000 after acquiring an additional 170 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Trading Down 0.2%

NYSE:FDX opened at $307.23 on Thursday. The company’s 50 day moving average is $276.71 and its 200-day moving average is $247.99. 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 Corporation has a 12 month low of $194.29 and a 12 month high of $310.64. The firm has a market cap of $72.23 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 1.53 and a beta of 1.35.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. The business had revenue of $23.47 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the business posted $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were paid a $1.45 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.9%. FedEx’s payout ratio is presently 31.97%.

Analyst Ratings Changes

Several analysts recently issued reports on FDX shares. Deutsche Bank Aktiengesellschaft increased their price objective on FedEx from $276.00 to $322.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. BMO Capital Markets upped their target price on FedEx from $265.00 to $290.00 and gave the stock a “market perform” rating in a research report on Friday, December 19th. Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. Vertical Research dropped their price objective on FedEx from $280.00 to $275.00 in a report on Friday, September 19th. Finally, JPMorgan Chase & Co. lifted their target price on shares of FedEx from $285.00 to $294.00 and gave the company a “neutral” rating in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $298.92.

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.