Resona Asset Management Co. Ltd. Has $17.38 Million Stock Position in FedEx Corporation $FDX

Resona Asset Management Co. Ltd. reduced its stake in FedEx Corporation (NYSE:FDX) by 4.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,660 shares of the shipping service provider’s stock after selling 3,214 shares during the period. Resona Asset Management Co. Ltd.’s holdings in FedEx were worth $17,378,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. UniSuper Management Pty Ltd raised its stake in FedEx by 13.6% during the third quarter. UniSuper Management Pty Ltd now owns 20,757 shares of the shipping service provider’s stock worth $4,895,000 after acquiring an additional 2,480 shares in the last quarter. Hunter Associates Investment Management LLC lifted its holdings in FedEx by 1.0% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 16,105 shares of the shipping service provider’s stock valued at $3,791,000 after purchasing an additional 156 shares during the last quarter. Delta Financial Advisors LLC boosted its position in FedEx by 2.1% in the third quarter. Delta Financial Advisors LLC now owns 7,290 shares of the shipping service provider’s stock valued at $1,719,000 after buying an additional 149 shares in the last quarter. Select Asset Management & Trust grew its stake in FedEx by 39.1% during the third quarter. Select Asset Management & Trust now owns 1,780 shares of the shipping service provider’s stock worth $420,000 after buying an additional 500 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of FedEx by 96.0% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 21,137 shares of the shipping service provider’s stock worth $4,984,000 after buying an additional 10,353 shares in the last quarter. Institutional investors own 84.47% of the company’s stock.

Key Headlines Impacting 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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on FDX shares. Argus increased their price target on FedEx from $250.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Stifel Nicolaus set a $328.00 price target on FedEx in a report on Friday, December 19th. Oppenheimer restated a “market perform” rating on shares of FedEx in a research report on Friday, December 19th. BNP Paribas Exane set a $280.00 target price on shares of FedEx and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, Truist Financial raised their price target on shares of FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a 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’s stock. Based on data from MarketBeat.com, FedEx presently has an average rating of “Hold” and an average target price of $303.86.

FedEx Trading Down 1.8%

Shares of NYSE FDX opened at $304.22 on Monday. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $318.83. The firm 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. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The company’s 50 day simple moving average is $288.62 and its 200 day simple moving average is $254.55.

FedEx (NYSE:FDX) last issued its 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 company had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the previous year, the company posted $4.05 EPS. The business’s revenue for the quarter 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, analysts predict that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were issued a dividend of $1.45 per share. The ex-dividend date was Monday, December 15th. This represents a $5.80 dividend on an annualized basis and a yield of 1.9%. FedEx’s dividend payout ratio (DPR) is 31.97%.

About FedEx

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.