QTR Family Wealth LLC Makes New $439,000 Investment in FedEx Corporation $FDX

QTR Family Wealth LLC purchased a new stake in shares of FedEx Corporation (NYSE:FDX) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,860 shares of the shipping service provider’s stock, valued at approximately $439,000.

Several other large investors have also recently modified their holdings of FDX. Valeo Financial Advisors LLC boosted its holdings in FedEx by 28,080.9% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider’s stock valued at $850,948,000 after acquiring an additional 3,730,273 shares during the period. Norges Bank bought a new stake in FedEx in the second quarter valued at approximately $605,497,000. AQR Capital Management LLC boosted its stake in shares of FedEx by 750.9% during the second quarter. AQR Capital Management LLC now owns 1,015,627 shares of the shipping service provider’s stock valued at $230,862,000 after purchasing an additional 896,271 shares during the period. Dodge & Cox grew its holdings in shares of FedEx by 4.7% in the second quarter. Dodge & Cox now owns 14,482,494 shares of the shipping service provider’s stock worth $3,292,016,000 after purchasing an additional 649,426 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of FedEx by 228.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 795,495 shares of the shipping service provider’s stock worth $180,824,000 after buying an additional 553,628 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Trading Down 1.6%

NYSE:FDX opened at $308.11 on Tuesday. The firm has a market capitalization of $72.44 billion, a P/E ratio of 16.99, a PEG ratio of 1.55 and a beta of 1.35. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. FedEx Corporation has a one year low of $194.29 and a one year high of $318.83. The company’s 50-day simple moving average is $285.63 and its 200 day simple moving average is $252.64.

FedEx (NYSE:FDX) last released its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The firm had revenue of $23.47 billion during the quarter, compared to analyst estimates of $22.79 billion. During the same period last year, the business earned $4.05 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, analysts forecast that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were issued a $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Monday, December 15th. FedEx’s payout ratio is 31.97%.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of recent analyst reports. Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a report on Wednesday, December 17th. The Goldman Sachs Group increased their target price on shares of FedEx from $301.00 to $317.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Barclays boosted their price target on FedEx from $320.00 to $360.00 and gave the company an “overweight” rating in a report on Tuesday, December 16th. BNP Paribas Exane lowered FedEx from an “outperform” rating to a “neutral” rating and set a $280.00 price target for the company. in a research report on Tuesday, January 13th. Finally, Wall Street Zen upgraded FedEx from a “buy” rating to a “strong-buy” rating in a report on Saturday. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, FedEx presently has a consensus rating of “Hold” and an average target price of $302.65.

About FedEx

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.