Park Avenue Securities LLC Boosts Position in FedEx Corporation $FDX

Park Avenue Securities LLC raised its holdings in shares of FedEx Corporation (NYSE:FDX) by 48.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,608 shares of the shipping service provider’s stock after acquiring an additional 1,830 shares during the period. Park Avenue Securities LLC’s holdings in FedEx were worth $1,620,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FDX. Grey Fox Wealth Advisors LLC purchased a new position in shares of FedEx during the third quarter worth $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in FedEx during the second quarter valued at $28,000. Wealth Watch Advisors INC purchased a new stake in FedEx in the third quarter valued at $28,000. Ameriflex Group Inc. boosted its holdings in FedEx by 103.3% in the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after purchasing an additional 63 shares during the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new stake in FedEx during the 3rd quarter worth about $39,000. 84.47% of the stock is owned by hedge funds and other institutional investors.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched FedEx SameDay Local (two‑hour and end‑of‑day options) to compete with Amazon/Walmart, signaling a push into faster, higher‑value last‑mile services that can boost revenue per package if uptake by retailers grows. FedEx launches same-day delivery service amid US delivery race (Reuters)
• Positive Sentiment: The SameDay Local roll‑out is powered by a OneRail partnership and initial pilots with large retailers, lowering implementation risk and enabling quick scale in targeted local markets. That partnership can accelerate product adoption without FedEx building all last‑mile tech in‑house. FedEx launches same-day delivery with OneRail (CNBC)
• Positive Sentiment: Analysts have been raising price targets and at least one major upgrade was reported, supporting upside expectations as FedEx tightens capital returns (dividends + buybacks) and improves operational metrics. FedEx Upgraded at HSBC (American Banking News)
• Positive Sentiment: Market commentary highlights a planned freight/non‑freight separation and ongoing buybacks as potential value unlocks, which could re‑rate the core package business and support shareholder returns. FedEx spin-off/value thesis (MarketBeat)
• Neutral Sentiment: Media and pundit support (including Jim Cramer commentary) provides sentiment tailwinds but is opinion‑driven rather than new fundamental data. Jim Cramer on FedEx (Yahoo Finance)
• Neutral Sentiment: Corporate initiatives like large-scale AI/skills training for employees are framed as long‑term productivity drivers but their near‑term EPS impact is uncertain. AI training program report (Blockonomi)
• Negative Sentiment: FedEx Freight (LTL) reported month‑to‑month volume weakness in the quarter, which pressures margins in the freight arm and is part of the rationale for a potential spin‑off; lingering softness could drag consolidated results near term. FedEx Freight volumes hit (TruckingDive)
• Negative Sentiment: Intensifying same‑day competition from Amazon and Walmart raises the risk of margin pressure and required capital investment to scale last‑mile speed reliably; investors will watch margins, pricing, and retailer adoption closely. Same‑day race and margin risk (Barron’s)

FedEx Stock Up 1.1%

FDX opened at $359.52 on Wednesday. The company has a market cap of $85.78 billion, a PE ratio of 19.13, a price-to-earnings-growth ratio of 1.56 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 50-day moving average price of $353.08 and a 200 day moving average price of $293.61. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The company had revenue of $24 billion for the quarter, compared to analysts’ expectations of $23.44 billion. During the same period in the previous year, the firm posted $4.51 EPS. FedEx’s revenue was up 8.3% compared to the same quarter last year. Sell-side analysts expect that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on FDX shares. JPMorgan Chase & Co. lifted their price objective on FedEx from $424.00 to $432.00 and gave the company a “neutral” rating in a research note on Friday, March 20th. Zacks Research downgraded FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Truist Financial raised their target price on FedEx from $400.00 to $425.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Barclays lifted their price target on FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Finally, Jefferies Financial Group lifted their price target on FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and an average target price of $393.85.

FedEx Profile

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.