Public Sector Pension Investment Board Purchases 1,598 Shares of FedEx Corporation $FDX

Public Sector Pension Investment Board raised its position in FedEx Corporation (NYSE:FDX) by 10.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 17,429 shares of the shipping service provider’s stock after acquiring an additional 1,598 shares during the period. Public Sector Pension Investment Board’s holdings in FedEx were worth $4,110,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Grey Fox Wealth Advisors LLC bought a new stake in shares of FedEx in the third quarter worth $27,000. NewSquare Capital LLC increased its stake in FedEx by 121.8% in the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after buying an additional 67 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in FedEx during the 2nd quarter worth about $28,000. Physician Wealth Advisors Inc. boosted its stake in shares of FedEx by 27.5% during 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 last quarter. Finally, City Holding Co. grew its holdings in shares of FedEx by 167.0% in the 3rd quarter. City Holding Co. now owns 267 shares of the shipping service provider’s stock valued at $63,000 after acquiring an additional 167 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Supreme Court ruling that many of former President Trump’s tariffs are illegal boosted transportation stocks broadly, providing a favorable macro/volume tailwind for FedEx. Transportation Stocks Rally After Trump’s Tariffs Ruled Illegal
• Positive Sentiment: Market rotation into FedEx is being driven by its corporate restructuring and a planned freight-unit spin-off, which investors view as value-accretive and helped push the stock to record levels. Beyond the Box: How FedEx Is Winning as Tech Slumps (FDX)
• Positive Sentiment: Analyst sentiment is turning constructive: Zacks upgraded FDX to a “strong-buy” and consensus ratings sit around a moderate-buy — supporting further investor interest. Zacks.com
• Positive Sentiment: Operational overhaul and profitability improvement narratives are gaining traction, reinforcing valuation re-rates as investors look beyond near-term cyclicality. FedEx (FDX) Valuation Check As Profitability Efforts And Operational Overhaul Gain Traction
• Neutral Sentiment: Recent price reports note FDX trading near multi‑year highs after yesterday’s gains; these are market-motion summaries rather than new catalysts. FedEx (FDX) Exceeds Market Returns: Some Facts to Consider
• Neutral Sentiment: Several “bullish vs. bearish” coverage pieces and aggregates are tracking analyst views; they summarize sentiment but do not introduce new company-level news. FedEx Corporation Stock: Is Wall Street Bullish or Bearish?

Wall Street Analysts Forecast Growth

FDX has been the topic of several analyst reports. The Goldman Sachs Group set a $364.00 target price on FedEx and gave the stock a “buy” rating in a report on Thursday, February 12th. Wall Street Zen upgraded FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 17th. Evercore increased their price objective on FedEx from $288.00 to $364.00 in a report on Friday, February 13th. Citigroup boosted their target price on shares of FedEx from $327.00 to $401.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, TD Cowen increased their price target on shares of FedEx from $313.00 to $383.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $358.00.

FedEx Stock Performance

Shares of FDX stock opened at $388.49 on Friday. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $391.27. The company has a market capitalization of $91.34 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 1.83 and a beta of 1.34. The company has a 50-day simple moving average of $321.56 and a 200 day simple moving average of $271.48. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27.

FedEx (NYSE:FDX) last issued 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 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 the consensus estimate of $22.79 billion. During the same period last year, the business posted $4.05 earnings per share. The business’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. On average, sell-side analysts predict that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be paid a $1.45 dividend. The ex-dividend date is Monday, March 9th. This represents a $5.80 annualized dividend and a yield of 1.5%. FedEx’s payout ratio is 31.97%.

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.