Elo Mutual Pension Insurance Co Buys 4,200 Shares of FedEx Corporation $FDX

Elo Mutual Pension Insurance Co boosted its stake in FedEx Corporation (NYSE:FDX) by 37.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 15,299 shares of the shipping service provider’s stock after buying an additional 4,200 shares during the period. Elo Mutual Pension Insurance Co’s holdings in FedEx were worth $3,608,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the company. BHK Investment Advisors LLC increased its stake in shares of FedEx by 1.4% during the third quarter. BHK Investment Advisors LLC now owns 3,074 shares of the shipping service provider’s stock worth $725,000 after purchasing an additional 41 shares during the period. Probity Advisors Inc. lifted its holdings in shares of FedEx by 2.2% during the third quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock worth $467,000 after buying an additional 43 shares in the last quarter. Joel Isaacson & Co. LLC lifted its holdings in shares of 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 buying an additional 44 shares in the last quarter. Triglav Investments D.O.O. boosted its position in shares of FedEx by 0.8% in the third quarter. Triglav Investments D.O.O. now owns 5,704 shares of the shipping service provider’s stock valued at $1,344,000 after acquiring an additional 44 shares during the period. Finally, NORTHSTAR ASSET MANAGEMENT Co grew its stake in shares of FedEx by 1.2% in the third quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 3,890 shares of the shipping service provider’s stock valued at $917,000 after acquiring an additional 45 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on FDX shares. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of FedEx in a research note on Tuesday, January 20th. Wells Fargo & Company lifted their price target on shares of FedEx from $380.00 to $430.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Jefferies Financial Group increased their price target on FedEx from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday. Evercore lifted their price objective on FedEx from $364.00 to $380.00 in a report on Tuesday, February 24th. Finally, Stifel Nicolaus set a $412.00 target price on FedEx in a report on Friday, February 13th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $365.07.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Analyst upgrade and higher target: Jefferies raised its price target to $450 and kept a “buy” rating, giving FDX additional buy-side institutional momentum and signaling continued confidence in the company’s earnings trajectory. Jefferies adjusts price target
• Positive Sentiment: Tariff-refund upside: FedEx was an early mover suing for refunds after the Supreme Court struck down prior emergency tariffs — management says it could be eligible for roughly $1B and has pledged to return refunds to customers, a potential one-time boost and goodwill generator. FedEx tariff lawsuits
• Positive Sentiment: Momentum/earnings track record: Analysts and market pieces cite strong recent earnings surprises, improving trade volumes (especially China–U.S.), and strategic initiatives that helped a 20% surge in February — these fundamentals support continued upside if execution holds. Why did FedEx surge
• Neutral Sentiment: Tariff landscape evolving: The Supreme Court ruling voided prior IEEPA tariffs and the administration reissued narrower tariffs under a different statute — this lowers effective rates but creates timing/clarity issues around extensions and refund mechanics. Tariff relief analysis
• Neutral Sentiment: Refund process complexity: Importers and others are filing large numbers of claims in the Court of International Trade, which could slow or complicate payouts and prolong uncertainty about timing and amounts. Tariff-refund seekers flock
• Negative Sentiment: Legal and reputational risk: FedEx’s lawsuit and public commitments have invited class-action suits and greater regulatory scrutiny — potential liabilities, customer disputes, or a legal loss could dent margins or force larger-than-expected payouts. FedEx legal risks
• Negative Sentiment: Execution & H2 outlook risks: Morgan Stanley and other commentators note strong H1 catalysts but warn of headwinds in H2 that could limit sustainable margin expansion — investors may be trimming positions ahead of that uncertainty. Morgan Stanley note
• Negative Sentiment: Geopolitical disruption: FedEx suspended services in several Gulf countries amid regional conflict, creating near-term revenue disruption and logistics costs on key international routes. Service suspensions

FedEx Trading Down 1.3%

NYSE FDX opened at $382.15 on Wednesday. The company has a market cap of $89.85 billion, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 1.85 and a beta of 1.29. FedEx Corporation has a twelve month low of $194.29 and a twelve month high of $392.86. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The business’s fifty day moving average is $335.27 and its 200 day moving average is $279.89.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating the consensus estimate of $4.02 by $0.80. The firm had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, sell-side analysts expect that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be issued a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, March 9th. FedEx’s payout ratio is presently 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.