Wick Capital Partners LLC Buys Shares of 8,094 FedEx Corporation $FDX

Wick Capital Partners LLC purchased a new stake in shares of FedEx Corporation (NYSE:FDX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 8,094 shares of the shipping service provider’s stock, valued at approximately $2,338,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in FedEx during the fourth quarter valued at $859,085,000. Boston Partners bought a new position in FedEx in the third quarter valued at about $468,195,000. Dodge & Cox boosted its position in FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of FedEx by 169.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock valued at $638,203,000 after purchasing an additional 1,718,278 shares during the period. Finally, Waddell & Associates LLC grew its stake in shares of FedEx by 164.0% during the 4th quarter. Waddell & Associates LLC now owns 1,188,140 shares of the shipping service provider’s stock valued at $343,206,000 after purchasing an additional 738,122 shares during the period. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FDX has been the subject of several research reports. BNP Paribas Exane reduced their price target on shares of FedEx from $335.00 to $269.76 and set a “neutral” rating for the company in a research report on Tuesday, June 2nd. Evercore cut their target price on shares of FedEx from $390.00 to $355.00 in a research report on Thursday. Zacks Research cut shares of FedEx from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. The Goldman Sachs Group decreased their price target on shares of FedEx from $405.00 to $375.00 and set a “buy” rating on the stock in a research report on Monday, June 1st. Finally, Sanford C. Bernstein set a $424.00 price target on shares of FedEx in a research note on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, FedEx presently has a consensus rating of “Moderate Buy” and a consensus price target of $367.76.

FedEx Stock Up 0.1%

FDX stock opened at $326.36 on Friday. The business’s 50-day moving average price is $369.57 and its 200-day moving average price is $344.75. The stock has a market cap of $77.87 billion, a P/E ratio of 17.37, a PEG ratio of 1.48 and a beta of 1.28. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77. FedEx Corporation has a twelve month low of $172.88 and a twelve month high of $345.36.

FedEx (NYSE:FDX) last released its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The company had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. During the same period in the prior year, the firm posted $4.51 EPS. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities research analysts forecast that FedEx Corporation will post 19.78 EPS for the current year.

FedEx Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd will be given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, June 22nd. FedEx’s dividend payout ratio is presently 30.87%.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx continues to get supportive coverage around its upcoming earnings, with Barclays maintaining an Overweight rating and some analysts still seeing upside from current levels ahead of the June 23 report.
• Positive Sentiment: Kuebix by FreightWise was named a FedEx Compatible Community Tier Partner for 2026, reinforcing the FedEx ecosystem and its shipping-software integration network.
• Neutral Sentiment: FedEx fuel surcharge changes taking effect June 22 will raise export fuel fees while lowering import rates, a revenue-mix shift that could affect shipment economics but is not yet clear-cut for earnings.
• Neutral Sentiment: Market articles and options commentary are focused on elevated implied volatility and earnings positioning, suggesting traders are bracing for a larger-than-usual move when FedEx reports results.
• Negative Sentiment: Evercore lowered its price target on FedEx to $355 from $390, signaling a more cautious view on the stock’s near-term valuation.
• Negative Sentiment: Pre-earnings estimates call for Q4 EPS of $5.92, down from $6.07 a year ago, which reinforces concerns that profit growth may slow heading into the report.

Insider Activity

In other news, EVP Gina F. Adams sold 20,450 shares of the stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total value of $7,493,902.50. Following the completion of the sale, the executive vice president directly owned 19,403 shares of the company’s stock, valued at $7,110,229.35. This represents a 51.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kawal Preet sold 4,900 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total transaction of $1,802,661.00. Following the sale, the executive vice president owned 10,953 shares in the company, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 48,104 shares of company stock valued at $17,599,006. 0.53% of the stock is currently owned by company insiders.

FedEx Profile

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.