Rockefeller Capital Management L.P. Lowers Position in FedEx Corporation $FDX

Rockefeller Capital Management L.P. decreased its stake in shares of FedEx Corporation (NYSE:FDX) by 55.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 41,207 shares of the shipping service provider’s stock after selling 52,211 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in FedEx were worth $11,903,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of FDX. EFG International AG purchased a new stake in shares of FedEx during the 4th quarter valued at $27,000. Wealth Watch Advisors INC acquired a new stake in shares of FedEx during the 3rd quarter worth $28,000. Ameriflex Group Inc. raised its position in shares of FedEx by 103.3% in the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after buying an additional 63 shares during the period. Ulland Investment Advisors LLC purchased a new position in shares of FedEx in the 4th quarter worth $29,000. Finally, Tucker Asset Management LLC acquired a new position in FedEx in the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Insider Activity

In related news, EVP Gina F. Adams sold 20,450 shares of the firm’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction 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 approximately $7,110,229.35. This trade represents a 51.31% 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 Susan C. Schwab sold 5,795 shares of FedEx stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $369.00, for a total transaction of $2,138,355.00. Following the sale, the director directly owned 10,038 shares in the company, valued at $3,704,022. This trade represents a 36.60% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 48,104 shares of company stock valued at $17,599,006. 0.53% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FDX. Truist Financial set a $155.00 price target on FedEx in a research report on Tuesday, June 2nd. Bank of America raised their price objective on FedEx from $376.00 to $378.00 and gave the stock a “buy” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft cut FedEx from a “buy” rating to a “hold” rating in a report on Wednesday, May 27th. Barclays dropped their target price on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating for the company in a research report on Wednesday, June 17th. Finally, Wells Fargo & Company cut their price target on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a report on Wednesday, June 17th. Eighteen equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, FedEx currently has a consensus rating of “Moderate Buy” and an average price target of $351.60.

FedEx Price Performance

Shares of NYSE FDX opened at $316.89 on Thursday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. FedEx Corporation has a 1-year low of $172.88 and a 1-year high of $345.36. The company has a market capitalization of $75.61 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 1.44 and a beta of 1.28. The business has a 50-day moving average of $365.49 and a 200-day moving average of $346.18.

FedEx (NYSE:FDX) last announced its earnings results on Tuesday, June 23rd. The shipping service provider reported $6.31 EPS for the quarter, beating the consensus estimate of $5.91 by $0.40. The business had revenue of $25.01 billion for the quarter, compared to the consensus estimate of $24.04 billion. FedEx had a return on equity of 16.93% and a net margin of 4.68%.The company’s revenue was up 12.5% on a year-over-year basis. During the same period last year, the business posted $6.07 EPS. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS. On average, equities analysts anticipate that FedEx Corporation will post 21.59 EPS for the current fiscal year.

FedEx Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 22nd will be paid a dividend of $1.22 per share. The ex-dividend date is Monday, June 22nd. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. FedEx’s dividend payout ratio (DPR) is currently 25.97%.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx delivered a double beat in fiscal Q4, posting adjusted EPS of $6.31 versus estimates near $5.91–$5.97, and revenue of about $25.0 billion versus expectations around $24.0 billion. Analysts also highlighted strong underlying momentum, premium parcel growth, and better cash generation. FedEx Reports Strong Fourth Quarter and Full-Year Results
• Positive Sentiment: Bank of America said the post-earnings selloff looks more like “near-term noise” tied to reporting-transition complexity than an operational slowdown, and it raised its price target to $378 while keeping a Buy rating. FedEx strong underlying momentum highlighted by Bank of America, as shares fall on near-term noise
• Positive Sentiment: FedEx said package volumes increased in both domestic and international export businesses, showing demand held up despite global trade headwinds and tariff-related disruption. FedEx Beats Global Trade Headwinds as Package Volumes Surge
• Neutral Sentiment: FedEx is redeploying MD-11 cargo jets that were previously grounded, while also retiring 10 older aircraft; the move supports fleet optimization but is not a major near-term catalyst. More FedEx MD-11 cargo jets return to service, others are retired
• Negative Sentiment: The main drag on the stock is FedEx’s fiscal 2027 guidance, which came in below Wall Street expectations for EPS, even though revenue guidance was solid. Investors also appeared unsettled by the shift from fiscal to calendar-year reporting after the Freight spin-off. FedEx shares drop on weak profit forecast as Q4 results top estimates
• Negative Sentiment: Several reports pointed to shrinking operating margins in the core delivery business and uncertainty around the Freight separation as reasons traders sold the stock despite the earnings beat. FedEx drops on margin hit as investors gauge freight spin-off fortunes

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.