FedEx Corporation $FDX Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd increased its holdings in shares of FedEx Corporation (NYSE:FDXFree Report) by 13.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 20,757 shares of the shipping service provider’s stock after purchasing an additional 2,480 shares during the period. UniSuper Management Pty Ltd’s holdings in FedEx were worth $4,895,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC acquired a new stake in FedEx in the third quarter worth about $27,000. NewSquare Capital LLC raised its position in shares of FedEx by 121.8% in the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of FedEx in the 2nd quarter valued at approximately $28,000. City Holding Co. boosted its stake in FedEx by 167.0% in the 3rd quarter. City Holding Co. now owns 267 shares of the shipping service provider’s stock worth $63,000 after purchasing an additional 167 shares in the last quarter. Finally, Quent Capital LLC purchased a new stake in FedEx during the 3rd quarter worth approximately $71,000. 84.47% of the stock is owned by institutional investors and hedge funds.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

Wall Street Analyst Weigh In

A number of research firms have issued reports on FDX. HSBC raised their price target on shares of FedEx from $235.00 to $285.00 and gave the stock a “hold” rating in a report on Friday, December 19th. Citigroup raised their target price on FedEx from $310.00 to $327.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Evercore ISI lifted their price target on FedEx from $275.00 to $288.00 in a research report on Friday, December 19th. Deutsche Bank Aktiengesellschaft increased their price objective on FedEx from $276.00 to $322.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Finally, BNP Paribas Exane set a $280.00 price objective on FedEx and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $303.86.

Read Our Latest Stock Analysis on FDX

FedEx Stock Down 1.8%

Shares of FDX opened at $304.22 on Monday. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $318.83. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $71.53 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 1.53 and a beta of 1.35. The stock’s 50-day moving average price is $288.62 and its 200-day moving average price is $254.55.

FedEx (NYSE:FDXGet Free Report) last announced its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The company had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same period last year, the business earned $4.05 earnings per share. FedEx’s quarterly revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, sell-side analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

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

FedEx Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for FedEx (NYSE:FDX)

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