Candriam S.C.A. Grows Position in FedEx Corporation $FDX

Candriam S.C.A. increased its position in shares of FedEx Corporation (NYSE:FDX) by 0.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,173 shares of the shipping service provider’s stock after buying an additional 140 shares during the quarter. Candriam S.C.A.’s holdings in FedEx were worth $5,162,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. EntryPoint Capital LLC purchased a new position in FedEx during the 1st quarter worth approximately $413,000. Credit Agricole S A lifted its position in FedEx by 14.8% during the 1st quarter. Credit Agricole S A now owns 102,655 shares of the shipping service provider’s stock worth $25,025,000 after acquiring an additional 13,222 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in FedEx by 17.5% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 31,963 shares of the shipping service provider’s stock worth $7,784,000 after acquiring an additional 4,750 shares during the period. Berkshire Asset Management LLC PA lifted its position in FedEx by 9.3% during the 1st quarter. Berkshire Asset Management LLC PA now owns 1,696 shares of the shipping service provider’s stock worth $413,000 after acquiring an additional 144 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its position in FedEx by 34.3% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 12,172 shares of the shipping service provider’s stock worth $2,967,000 after acquiring an additional 3,106 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on FDX shares. Wall Street Zen cut FedEx from a “buy” rating to a “hold” rating in a research report on Saturday, August 16th. Barclays reissued an “overweight” rating and issued a $320.00 price target (down from $330.00) on shares of FedEx in a report on Wednesday, June 25th. JPMorgan Chase & Co. raised their price target on FedEx from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Wednesday, June 25th. Sanford C. Bernstein reduced their price target on FedEx from $282.00 to $249.00 and set a “market perform” rating for the company in a report on Friday, June 13th. Finally, UBS Group reduced their price target on FedEx from $311.00 to $297.00 and set a “buy” rating for the company in a report on Wednesday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, FedEx presently has a consensus rating of “Moderate Buy” and a consensus price target of $283.13.

FedEx Stock Performance

Shares of FDX stock opened at $225.0750 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.19. The stock has a fifty day moving average price of $229.69 and a 200 day moving average price of $231.10. The stock has a market cap of $53.11 billion, a PE ratio of 13.33, a P/E/G ratio of 1.18 and a beta of 1.30. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $308.53.

FedEx (NYSE:FDX) last released its quarterly earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share for the quarter, topping the consensus estimate of $5.98 by $0.09. The company had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $21.86 billion. FedEx had a return on equity of 16.34% and a net margin of 4.65%.During the same quarter last year, the business posted $5.41 earnings per share. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. Sell-side analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th will be given a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, September 8th. This represents a $5.80 annualized dividend and a yield of 2.6%. FedEx’s dividend payout ratio (DPR) is presently 34.36%.

Insiders Place Their Bets

In other FedEx news, Director R Brad Martin sold 2,123 shares of the firm’s stock in a transaction on Monday, July 7th. The stock was sold at an average price of $241.75, for a total transaction of $513,235.25. Following the completion of the transaction, the director owned 8,935 shares of the company’s stock, valued at approximately $2,160,036.25. This trade represents a 19.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul S. Walsh sold 3,610 shares of FedEx stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $238.29, for a total value of $860,226.90. Following the completion of the sale, the director directly owned 15,513 shares of the company’s stock, valued at approximately $3,696,592.77. This represents a 18.88% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,343 shares of company stock valued at $2,228,816. Corporate insiders own 8.87% of the company’s stock.

FedEx Company 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.