Savvy Advisors Inc. purchased a new stake in FedEx Corporation (NYSE:FDX – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,526 shares of the shipping service provider’s stock, valued at approximately $596,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. BHK Investment Advisors LLC increased its stake in FedEx by 1.4% in the third quarter. BHK Investment Advisors LLC now owns 3,074 shares of the shipping service provider’s stock valued at $725,000 after purchasing an additional 41 shares in the last quarter. Probity Advisors Inc. increased its position in shares of FedEx by 2.2% in the 3rd quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock valued at $467,000 after buying an additional 43 shares in the last quarter. WealthPlan Investment Management LLC raised its stake in FedEx by 3.2% during the 2nd quarter. WealthPlan Investment Management LLC now owns 1,439 shares of the shipping service provider’s stock worth $327,000 after buying an additional 44 shares during the period. Joel Isaacson & Co. LLC lifted its holdings in FedEx by 1.7% during the third quarter. Joel Isaacson & Co. LLC now owns 2,617 shares of the shipping service provider’s stock worth $617,000 after acquiring an additional 44 shares in the last quarter. Finally, Triglav Investments D.O.O. lifted its holdings in FedEx by 0.8% during the third quarter. Triglav Investments D.O.O. now owns 5,704 shares of the shipping service provider’s stock worth $1,344,000 after acquiring an additional 44 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.
FedEx Stock Up 1.4%
FedEx stock opened at $374.61 on Friday. 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 1-year low of $194.29 and a 1-year high of $380.86. The company has a fifty day simple moving average of $311.56 and a 200 day simple moving average of $266.23. The company has a market cap of $88.08 billion, a P/E ratio of 20.65, a price-to-earnings-growth ratio of 1.82 and a beta of 1.34.
FedEx Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be given a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.5%. FedEx’s payout ratio is 31.97%.
FedEx News Roundup
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: Multiple analysts raised price targets and reiterated buy/outperform views, supporting upside expectations and fueling investor momentum. Jefferies raised its target to $425 and kept a buy rating. Read More.
- Positive Sentiment: Bank of America, Wolfe Research and TD Cowen also boosted targets/ratings, reinforcing consensus bullishness on FDX’s growth and margin plans. Read More.
- Positive Sentiment: FedEx detailed multi‑year targets at Investor Day (higher revenue ambition, focus on high‑margin B2B and network transformation) that underpin stronger profit and cash‑flow outlooks. Investors interpret this as tangible upside to valuation if execution continues. Read More.
- Positive Sentiment: The board declared a quarterly cash dividend of $1.45, a direct return to shareholders that supports the stock’s appeal to income‑oriented investors. Read More.
- Neutral Sentiment: FedEx joined the Hedera Council to explore distributed infrastructure for digital supply chains — a strategic, longer‑term tech partnership that could improve visibility but is not an immediate earnings driver. Read More.
- Neutral Sentiment: Industry coverage highlights rising warehouse automation (including FedEx) — improves long‑term cost structure but requires capital and workforce transition. Read More.
- Neutral Sentiment: A technical trading signal flagged around $369.69 and briefly drove intraday momentum; useful for short‑term traders but not a fundamental catalyst. Read More.
- Negative Sentiment: Some market commentary flagged a weaker “catalyst” profile despite the strong run, suggesting that absent concrete near‑term operational beats the stock could pause. This cautions momentum traders about timing. Read More.
- Negative Sentiment: Evercore raised its target to $364 — still below the current price — reflecting at least one analyst’s more conservative near‑term view and adding a counterpoint to the broad upgrade trend. Read More.
Wall Street Analyst Weigh In
A number of research firms have recently commented on FDX. Susquehanna dropped their price target on FedEx from $345.00 to $340.00 in a research report on Tuesday, December 23rd. Bank of America increased their target price on FedEx from $408.00 to $414.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. BMO Capital Markets lifted their price target on shares of FedEx from $290.00 to $400.00 and gave the company a “market perform” rating in a research note on Friday. Truist Financial upped their price target on shares of FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a report on Friday, December 19th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of FedEx in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $355.50.
Get Our Latest Stock Analysis on FedEx
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.
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