Mitsubishi UFJ Trust & Banking Corp Sells 13,085 Shares of FedEx Corporation $FDX

Mitsubishi UFJ Trust & Banking Corp cut its stake in shares of FedEx Corporation (NYSE:FDX) by 6.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 203,023 shares of the shipping service provider’s stock after selling 13,085 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in FedEx were worth $47,875,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC increased its holdings in FedEx by 12.8% during the fourth quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after buying an additional 207 shares during the last quarter. Empowered Funds LLC grew its position in shares of FedEx by 78.9% in the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock valued at $2,514,000 after acquiring an additional 4,548 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of FedEx during the 2nd quarter worth about $586,000. Perigon Wealth Management LLC raised its holdings in shares of FedEx by 2.1% in the 2nd quarter. Perigon Wealth Management LLC now owns 3,558 shares of the shipping service provider’s stock valued at $809,000 after purchasing an additional 72 shares during the period. Finally, CX Institutional lifted its stake in FedEx by 4.7% in the 2nd quarter. CX Institutional now owns 3,689 shares of the shipping service provider’s stock valued at $838,000 after purchasing an additional 167 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on FDX. Raymond James Financial boosted their price target on FedEx from $255.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Susquehanna decreased their target price on FedEx from $345.00 to $340.00 in a report on Tuesday, December 23rd. The Goldman Sachs Group increased their price target on FedEx from $301.00 to $317.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Redburn Partners set a $271.00 price objective on shares of FedEx in a research report on Wednesday. Finally, Citigroup increased their price objective on shares of FedEx from $310.00 to $327.00 and gave the company a “buy” rating in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $303.86.

FedEx Stock Down 1.8%

FDX opened at $304.22 on Friday. The stock has a fifty day moving average of $288.62 and a 200-day moving average of $254.42. The company has a market capitalization of $71.53 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.53 and a beta of 1.35. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $318.83. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.23 and a current ratio of 1.27.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 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 business had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $22.79 billion. During the same period in the prior year, the company posted $4.05 earnings per share. FedEx’s revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, equities analysts expect that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, December 15th. FedEx’s payout ratio is presently 31.97%.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched a private offering of senior notes to finance the planned FedEx Freight spin-off — a concrete step that advances the separation and could unlock value if executed as planned. FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
• Positive Sentiment: Argus upgraded FedEx to a “strong-buy,” signaling bullish analyst conviction that could support the stock if other investors follow. FedEx (NYSE:FDX) Stock Price Expected to Rise, Argus Analyst Says
• Positive Sentiment: Several value-oriented write-ups highlight FedEx as a long-term value opportunity (Zacks, MSN), reinforcing a narrative that recent operational changes and potential spin-off benefits make FDX attractive on valuation metrics. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: J.P. Morgan keeps a Hold rating — a reminder that tier-1 coverage remains cautious despite corporate activity; this tempers conviction among some institutional investors. J.P. Morgan Maintains Hold Rating on FedEx: What Investors Should Know
• Neutral Sentiment: High-profile endorsement: Jim Cramer has publicly praised the CEO and FedEx’s strategy, which can help sentiment but may not move fundamentals immediately. FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer
• Negative Sentiment: FedEx outlined a major overhaul of its French operations that could cut up to 500 jobs and involves up to €78M in investment — a move that carries near-term restructuring costs, potential service disruption and execution risk that investors may penalize. FedEx to cut up to 500 jobs in France; restructures operations FedEx Details French Operations Overhaul, Job Cuts Expected
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FedEx to Neutral, arguing that recent rally already priced in the benefits of the LTL spin-off — a viewpoint that can sap momentum and contributed to today’s weaker trade. Rothschild & Co Redburn Downgrades FedEx (NYSE:FDX) to Neutral

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.