Cwm LLC Acquires 26,322 Shares of FedEx Corporation $FDX

Cwm LLC lifted its holdings in FedEx Corporation (NYSE:FDX) by 32.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 108,031 shares of the shipping service provider’s stock after buying an additional 26,322 shares during the period. Cwm LLC’s holdings in FedEx were worth $31,206,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. New York State Teachers Retirement System increased its holdings in shares of FedEx by 2.3% in the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock worth $48,831,000 after buying an additional 4,734 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of FedEx by 10.6% in the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock worth $11,419,000 after buying an additional 4,634 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of FedEx by 11.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider’s stock worth $8,243,000 after buying an additional 3,514 shares during the last quarter. Savant Capital LLC increased its holdings in shares of FedEx by 32.5% in the 3rd quarter. Savant Capital LLC now owns 40,019 shares of the shipping service provider’s stock worth $9,437,000 after buying an additional 9,806 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in shares of FedEx by 34.9% in the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock worth $5,679,000 after buying an additional 6,234 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Multiple analyst upgrades/price?target raises have pushed sentiment higher — Stephens gave an overweight/strong target (coverage noted by market wires) and other outlets reported raised targets, while Wells Fargo reiterated a buy view. These pushes help explain buying interest. Read More. Read More.
• Positive Sentiment: Management has reaffirmed FY26 and FY29 outlooks after recent results that beat estimates (March quarter EPS and revenue upside), reducing immediate uncertainty around guidance and supporting upside. Read More.
• Neutral Sentiment: FedEx announced its CFO, John Dietrich, will step down effective June 1; Claude Russ is interim while a search is run. The market sees this as noteworthy but management says it follows the planned FedEx Freight spinoff. Read More.
• Neutral Sentiment: CEO comments that tariffs are impacting the business add a macro headwind to monitor (trade policy exposure to costs/pricing). Read More.
• Neutral Sentiment: Broader market/sector moves (consumer stocks rising) may be providing tailwinds for transportation/logistics names including FedEx. Read More.
• Negative Sentiment: Large insider selling today/week: EVP Tracy B. Brightman sold 16,959 shares (~$6.16M) and Director Susan C. Schwab sold 5,795 shares (~$2.14M). Significant insider trimming can be read negatively by some investors. Read More. Read More.
• Negative Sentiment: Additional insider sales (EVPs Gina Adams and Kawal Preet sold sizable stakes earlier this week) add to perceived selling pressure and may temper momentum. Read More. Read More.

Insider Activity at FedEx

In other FedEx news, EVP Kawal Preet sold 4,900 shares of the business’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the sale, the executive vice president directly owned 10,953 shares of the company’s stock, valued at $4,029,499.17. The trade was a 30.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Tracy B. Brightman sold 16,959 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the completion of the sale, the executive vice president directly owned 11,052 shares of the company’s stock, valued at approximately $4,017,070.44. This trade represents a 60.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 48,104 shares of company stock valued at $17,599,006 in the last quarter. Corporate insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of research reports. Argus boosted their target price on shares of FedEx from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, April 6th. Stifel Nicolaus upped their price target on shares of FedEx from $425.00 to $442.00 in a report on Friday, April 10th. Rothschild & Co Redburn upped their price target on shares of FedEx from $317.00 to $371.00 and gave the company a “neutral” rating in a report on Tuesday, February 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of FedEx in a report on Monday, December 29th. Finally, Susquehanna upped their price target on shares of FedEx from $410.00 to $455.00 and gave the company a “positive” rating in a report on Friday, March 20th. Eighteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $398.04.

FedEx Price Performance

FedEx stock opened at $380.05 on Friday. The stock has a market cap of $90.68 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 1.60 and a beta of 1.28. 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 $201.10 and a 1 year high of $392.86. The firm has a 50-day moving average of $367.19 and a two-hundred day moving average of $308.36.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $1.13. The company had revenue of $24 billion during the quarter, compared to analysts’ expectations of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the company earned $4.51 EPS. On average, research analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th were given a $1.45 dividend. This represents a $5.80 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, March 9th. FedEx’s payout ratio is 30.87%.

FedEx Company 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.