FedEx Corporation $FDX Holdings Boosted by Woodline Partners LP

Woodline Partners LP boosted its holdings in FedEx Corporation (NYSE:FDX) by 3.2% during the first quarter, HoldingsChannel.com reports. The fund owned 135,299 shares of the shipping service provider’s stock after acquiring an additional 4,187 shares during the period. Woodline Partners LP’s holdings in FedEx were worth $32,983,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Semmax Financial Advisors Inc. increased its stake in shares of FedEx by 2,713.7% in the first quarter. Semmax Financial Advisors Inc. now owns 13,928 shares of the shipping service provider’s stock valued at $3,395,000 after purchasing an additional 13,433 shares during the period. Empowered Funds LLC increased its stake in shares of FedEx by 78.9% during the first quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock valued at $2,514,000 after acquiring an additional 4,548 shares during the period. MBB Public Markets I LLC acquired a new position in shares of FedEx during the first quarter valued at approximately $311,000. United Services Automobile Association acquired a new position in shares of FedEx during the first quarter valued at approximately $1,287,000. Finally, Caxton Associates LLP acquired a new position in shares of FedEx during the first quarter valued at approximately $18,747,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FDX. UBS Group lowered their price objective on shares of FedEx from $297.00 to $293.00 and set a “buy” rating on the stock in a research note on Thursday, August 28th. TD Cowen lowered their price objective on shares of FedEx from $310.00 to $269.00 and set a “buy” rating on the stock in a research note on Wednesday, June 25th. Susquehanna raised their price objective on shares of FedEx from $290.00 to $295.00 and gave the company a “positive” rating in a research note on Wednesday, June 25th. Wells Fargo & Company lifted their price target on shares of FedEx from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 25th. Finally, Barclays restated an “overweight” rating and issued a $320.00 price target (down previously from $330.00) on shares of FedEx in a research report on Wednesday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $282.75.

FedEx Trading Up 0.4%

NYSE FDX opened at $225.83 on Wednesday. FedEx Corporation has a twelve month low of $194.29 and a twelve month high of $308.53. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.19. The stock has a market cap of $53.28 billion, a price-to-earnings ratio of 13.38, a PEG ratio of 1.18 and a beta of 1.20. The firm’s 50 day moving average price is $230.50 and its two-hundred day moving average price is $227.99.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share for the quarter, topping the consensus estimate of $5.98 by $0.09. FedEx had a net margin of 4.65% and a return on equity of 16.34%. The firm had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $21.86 billion. During the same period in the previous year, the company posted $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. Equities analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 8th will be issued a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, September 8th. FedEx’s payout ratio is currently 34.36%.

Insider Activity at FedEx

In related news, Director Marvin R. Ellison sold 3,610 shares of FedEx stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total value of $855,353.40. Following the completion of the sale, the director owned 7,720 shares of the company’s stock, valued at approximately $1,829,176.80. The trade was a 31.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul S. Walsh sold 3,610 shares of the business’s stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total transaction of $860,226.90. Following the transaction, the director directly owned 15,513 shares of the company’s stock, valued at approximately $3,696,592.77. This represents a 18.88% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,343 shares of company stock valued at $2,228,816. Insiders own 0.53% of the company’s stock.

FedEx Profile

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.