Brandywine Oak Private Wealth LLC Sells 50 Shares of FedEx Corporation $FDX

Brandywine Oak Private Wealth LLC cut its holdings in shares of FedEx Corporation (NYSE:FDX) by 5.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 937 shares of the shipping service provider’s stock after selling 50 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in FedEx were worth $213,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FDX. Brighton Jones LLC boosted its position in FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after buying an additional 207 shares during the last quarter. Farther Finance Advisors LLC boosted its position in FedEx by 27.6% in the 1st quarter. Farther Finance Advisors LLC now owns 2,223 shares of the shipping service provider’s stock valued at $538,000 after buying an additional 481 shares during the last quarter. CX Institutional boosted its position in FedEx by 29.4% in the 1st quarter. CX Institutional now owns 3,522 shares of the shipping service provider’s stock valued at $859,000 after buying an additional 800 shares during the last quarter. Simon Quick Advisors LLC boosted its position in FedEx by 6.1% in the 1st quarter. Simon Quick Advisors LLC now owns 1,100 shares of the shipping service provider’s stock valued at $268,000 after buying an additional 63 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. boosted its position in FedEx by 17.0% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 1,096 shares of the shipping service provider’s stock valued at $267,000 after buying an additional 159 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of recent research reports. Vertical Research decreased their price objective on FedEx from $280.00 to $275.00 in a research report on Friday, September 19th. TD Cowen increased their price target on FedEx from $269.00 to $271.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Dbs Bank raised FedEx from a “hold” rating to a “moderate buy” rating in a research note on Thursday, August 21st. Jefferies Financial Group increased their price target on FedEx from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Finally, Barclays reissued an “overweight” rating and issued a $320.00 price target (down previously from $330.00) on shares of FedEx in a research note on Wednesday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $271.25.

FedEx Stock Performance

Shares of FedEx stock opened at $225.14 on Friday. The company has a market capitalization of $53.12 billion, a PE ratio of 13.14, a PEG ratio of 1.32 and a beta of 1.28. FedEx Corporation has a 12 month low of $194.29 and a 12 month high of $308.53. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73. The stock’s fifty day simple moving average is $230.78 and its 200 day simple moving average is $225.89.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, September 18th. The shipping service provider reported $3.83 EPS for the quarter, topping the consensus estimate of $3.71 by $0.12. The business had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $3.60 EPS. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. On average, research analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Monday, September 8th were paid a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, September 8th. FedEx’s dividend payout ratio (DPR) is presently 33.86%.

About FedEx

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.