Knights of Columbus Asset Advisors LLC Sells 5,354 Shares of FedEx Corporation $FDX

Knights of Columbus Asset Advisors LLC reduced its position in FedEx Corporation (NYSE:FDX) by 31.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,790 shares of the shipping service provider’s stock after selling 5,354 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in FedEx were worth $3,361,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC increased its position in FedEx by 11.9% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 283 shares of the shipping service provider’s stock valued at $101,000 after purchasing an additional 30 shares during the period. Avior Wealth Management LLC lifted its position in shares of FedEx by 2.6% in the 2nd quarter. Avior Wealth Management LLC now owns 1,361 shares of the shipping service provider’s stock worth $426,000 after purchasing an additional 34 shares during the period. CLG LLC boosted its stake in shares of FedEx by 3.8% during the first quarter. CLG LLC now owns 952 shares of the shipping service provider’s stock valued at $339,000 after purchasing an additional 35 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of FedEx by 2.9% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 1,231 shares of the shipping service provider’s stock valued at $351,000 after purchasing an additional 35 shares in the last quarter. Finally, AlphaStar Capital Management LLC increased its holdings in FedEx by 5.5% during the third quarter. AlphaStar Capital Management LLC now owns 725 shares of the shipping service provider’s stock valued at $207,000 after buying an additional 38 shares during the period. 84.47% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at FedEx

In other FedEx news, EVP Gina F. Adams sold 3,014 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $317.06, for a total transaction of $955,618.84. Following the sale, the executive vice president owned 9,656 shares of the company’s stock, valued at approximately $3,061,531.36. The trade was a 23.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Claude F. Russ sold 16,762 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The shares were sold at an average price of $316.11, for a total transaction of $5,298,635.82. Following the transaction, the chief financial officer owned 4,387 shares in the company, valued at $1,386,774.57. The trade was a 79.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 46,387 shares of company stock valued at $14,681,426 in the last three months. 0.65% of the stock is owned by insiders.

Key Stories Impacting FedEx

Investors following FDX have been watching these stories:

• Positive Sentiment: FedEx raised its fiscal 2026 earnings outlook after quarterly sales rose. Analysts also cite improving margins, strong cash flow and savings from its network overhaul as potential earnings drivers. What FedEx Stock’s Higher Earnings Outlook Means For Shareholders
• Negative Sentiment: California’s privacy agency fined FedEx nearly $3 million over alleged violations, including not honoring Global Privacy Control opt-out requests. The amount is limited relative to FedEx’s scale, but the matter poses regulatory and reputational risk. California Privacy Agency Fines FedEx Nearly $3M
• Negative Sentiment: CFO Claude Russ sold 16,762 shares, reducing his stake by about 79%. Insider sales can have personal reasons, but the size of the transaction may weigh on sentiment. SEC Form 4 filing

FedEx Stock Up 1.0%

FedEx stock opened at $322.61 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.29. The stock has a market capitalization of $75.56 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 1.29 and a beta of 1.27. FedEx Corporation has a 1-year low of $207.83 and a 1-year high of $345.36. The business has a fifty day moving average price of $302.45 and a 200-day moving average price of $337.57.

FedEx (NYSE:FDX) last announced its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.40. FedEx had a return on equity of 15.53% and a net margin of 4.09%. The company had revenue of $22.93 billion for the quarter, compared to analyst estimates of $22.73 billion. During the same period in the prior year, the company posted $3.83 EPS. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. Equities research analysts forecast that FedEx Corporation will post 18.29 EPS for the current fiscal year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were issued a dividend of $1.22 per share. The ex-dividend date was Monday, September 14th. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. FedEx’s dividend payout ratio is 30.01%.

Analyst Ratings Changes

A number of analysts have weighed in on FDX shares. Evercore upped their target price on FedEx from $350.00 to $351.00 in a report on Monday, September 28th. HSBC raised FedEx from a “hold” rating to a “buy” rating and set a $370.00 price target for the company in a research report on Thursday, October 29th. Bank of America decreased their price objective on FedEx from $378.00 to $359.00 and set a “buy” rating for the company in a research note on Tuesday, October 27th. Citizens Jmp started coverage on FedEx in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price objective on the stock. Finally, BNP Paribas Exane lifted their target price on FedEx from $269.80 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, FedEx presently has a consensus rating of “Moderate Buy” and an average target price of $359.16.

FedEx Profile

FedEx Corporation is a global transportation and logistics company that provides delivery, freight, and supply chain services to businesses and consumers. Its offerings include express and ground package delivery, freight transportation, customs clearance, and logistics solutions that help customers manage shipping and distribution. Founded by Frederick W. Smith in 1971, FedEx began operations in 1973. The company serves customers throughout the United States and in international markets, connecting businesses and consumers through its transportation and delivery networks.