Pacer Advisors Inc. Sells 2,040 Shares of FedEx Corporation $FDX

Pacer Advisors Inc. lessened its holdings in shares of FedEx Corporation (NYSE:FDX) by 8.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,045 shares of the shipping service provider’s stock after selling 2,040 shares during the period. Pacer Advisors Inc.’s holdings in FedEx were worth $6,368,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Kera Capital Partners Inc. raised its holdings in FedEx by 17.2% in the 4th quarter. Kera Capital Partners Inc. now owns 2,226 shares of the shipping service provider’s stock valued at $643,000 after acquiring an additional 327 shares in the last quarter. MV Capital Management Inc. bought a new stake in shares of FedEx during the 4th quarter valued at $307,000. Wick Capital Partners LLC acquired a new stake in shares of FedEx during the 4th quarter worth $2,338,000. Compound Planning Inc. increased its position in shares of FedEx by 14.1% in the fourth quarter. Compound Planning Inc. now owns 3,824 shares of the shipping service provider’s stock worth $1,105,000 after purchasing an additional 472 shares during the period. Finally, Claris Financial LLC bought a new position in shares of FedEx in the fourth quarter worth $352,000. 84.47% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

FDX has been the subject of several recent analyst reports. Raymond James Financial initiated coverage on shares of FedEx in a research report on Wednesday, June 3rd. They set an “outperform” rating and a $180.00 price objective for the company. Truist Financial set a $155.00 target price on shares of FedEx in a report on Tuesday, June 2nd. UBS Group began coverage on shares of FedEx in a research report on Wednesday, May 27th. They issued a “buy” rating and a $445.00 target price for the company. Wall Street Zen raised shares of FedEx from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Finally, Citigroup initiated coverage on shares of FedEx in a research report on Thursday, May 21st. They set a “buy” rating and a $443.00 price target on the stock. Eighteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $367.76.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx enters earnings with strong year-to-date gains of roughly 40%, supported by restructuring efforts and improving profitability, which could keep investor sentiment constructive if management delivers another solid outlook.
• Positive Sentiment: Analysts and preview coverage suggest expectations are high but manageable, with consensus forecasts calling for about $5.96 EPS and $24 billion in revenue for the quarter, leaving room for a beat if shipping demand holds up. FedEx (FDX) Q4 Earnings Preview: Should Investors Buy Before Tuesday’s Report?
• Positive Sentiment: Some investors are positioning for volatility around earnings, with options activity highlighting elevated implied volatility ahead of the June 23 release, which often signals a potentially large post-earnings move. Bear Call Spread Ideas for FedEx Earnings Next Week
• Neutral Sentiment: FedEx also received a 2026 FedEx Compatible Community Tier partner announcement from Kuebix by FreightWise, which is a positive ecosystem development but unlikely to materially move the stock on its own. Kuebix by FreightWise Named FedEx Compatible Community Tier Partner for 2026
• Neutral Sentiment: FedEx’s fuel surcharge update, effective June 22, will raise export shipment fees while lowering import rates, a change that could affect mix and customer behavior but is not clearly a major earnings driver yet. FedEx fuel surcharge change raises heat on export shipments
• Negative Sentiment: Evercore trimmed its price target on FedEx to $355 from $390, signaling slightly softer analyst expectations even though the new target still implies upside from current levels. Evercore adjusts price target on FedEx to 355 from 390
• Negative Sentiment: Recent trading also showed FDX slipping more than the broader market, reflecting some pre-earnings caution as investors wait for confirmation that the recent run-up can continue. FedEx (FDX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Insider Activity

In other FedEx news, EVP Gina F. Adams sold 20,450 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the sale, the executive vice president owned 19,403 shares of the company’s stock, valued at approximately $7,110,229.35. This represents a 51.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kawal Preet sold 4,900 shares of the company’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 sale, the executive vice president owned 10,953 shares in the company, valued at approximately $4,029,499.17. The trade was a 30.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 48,104 shares of company stock worth $17,599,006 over the last ninety days. Corporate insiders own 0.53% of the company’s stock.

FedEx Stock Up 0.0%

Shares of FDX opened at $326.36 on Monday. FedEx Corporation has a 52 week low of $172.88 and a 52 week high of $345.36. The stock has a market capitalization of $77.87 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 1.48 and a beta of 1.28. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47. The stock has a fifty day moving average of $368.64 and a 200-day moving average of $345.13.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The firm had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. During the same period in the previous year, the firm posted $4.51 EPS. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that FedEx Corporation will post 19.78 earnings per share for the current fiscal year.

FedEx Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 22nd will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, June 22nd. FedEx’s dividend payout ratio is currently 30.87%.

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.