Mitsubishi UFJ Trust & Banking Corp Has $49.12 Million Stock Position in FedEx Corporation $FDX

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in FedEx Corporation (NYSE:FDX) by 15.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 216,108 shares of the shipping service provider’s stock after buying an additional 29,214 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.09% of FedEx worth $49,124,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FDX. NewSquare Capital LLC lifted its holdings in shares of FedEx by 121.8% during the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after acquiring an additional 67 shares during the period. WPG Advisers LLC bought a new stake in shares of FedEx in the 1st quarter worth about $43,000. Cary Street Partners Investment Advisory LLC lifted its holdings in FedEx by 60.7% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider’s stock valued at $46,000 after purchasing an additional 71 shares during the last quarter. Motco boosted its position in FedEx by 61.8% in the first quarter. Motco now owns 267 shares of the shipping service provider’s stock valued at $65,000 after buying an additional 102 shares in the last quarter. Finally, Rise Advisors LLC grew its position in FedEx by 21.0% during the 1st quarter. Rise Advisors LLC now owns 340 shares of the shipping service provider’s stock worth $83,000 after acquiring an additional 59 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FDX has been the topic of several research reports. Dbs Bank upgraded shares of FedEx from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 21st. Wall Street Zen raised FedEx from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Vertical Research reduced their target price on shares of FedEx from $280.00 to $275.00 in a research note on Friday, September 19th. Stephens restated an “overweight” rating and issued a $260.00 price objective on shares of FedEx in a report on Tuesday, October 14th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of FedEx in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $273.08.

FedEx Stock Performance

FDX opened at $268.88 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.25 and a quick ratio of 1.21. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $308.53. The company has a market capitalization of $63.44 billion, a price-to-earnings ratio of 15.70, a P/E/G ratio of 1.49 and a beta of 1.31. The business’s 50-day moving average price is $239.77 and its two-hundred day moving average price is $230.99.

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

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.