Northwestern Mutual Wealth Management Co. Takes $8.02 Million Position in FedEx Corporation $FDX

Northwestern Mutual Wealth Management Co. acquired a new stake in FedEx Corporation (NYSE:FDX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,621 shares of the shipping service provider’s stock, valued at approximately $8,023,000.

Other hedge funds have also recently made changes to their positions in the company. CFO4Life Group LLC purchased a new position in FedEx in the 2nd quarter worth approximately $475,000. Quantbot Technologies LP bought a new stake in shares of FedEx during the second quarter valued at approximately $372,000. Evolve Private Wealth LLC bought a new stake in shares of FedEx during the second quarter valued at approximately $2,145,000. Farringdon Capital Ltd. purchased a new position in shares of FedEx in the second quarter worth $260,000. Finally, W1M Asset Management Ltd purchased a new position in shares of FedEx in the second quarter worth $385,000. Institutional investors own 84.47% of the company’s stock.

Insider Activity

In other news, Director Paul S. Walsh sold 5,042 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the sale, the director directly owned 16,359 shares in the company, valued at approximately $5,309,477.04. This represents a 23.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.65% of the company’s stock.

FedEx Stock Down 0.0%

NYSE FDX opened at $325.03 on Monday. The stock has a 50 day moving average price of $319.03 and a 200-day moving average price of $351.65. FedEx Corporation has a one year low of $177.05 and a one year high of $345.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48. The company has a market capitalization of $76.92 billion, a P/E ratio of 17.56, a P/E/G ratio of 1.67 and a beta of 1.30.

FedEx (NYSE:FDX) last announced its quarterly earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. The company had revenue of $23.26 billion for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. As a group, equities analysts predict that FedEx Corporation will post 17.6 EPS for the current fiscal year.

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Monday, September 14th will be issued a $1.22 dividend. The ex-dividend date is Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. FedEx’s payout ratio is 26.36%.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend
• Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications
• Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock?
• Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs
• Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M
• Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities

Analyst Upgrades and Downgrades

FDX has been the subject of several research analyst reports. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of FedEx in a research note on Friday, June 26th. TD Cowen decreased their price target on shares of FedEx from $426.00 to $354.00 in a research note on Wednesday, June 24th. Stephens raised shares of FedEx to a “strong-buy” rating in a report on Wednesday, July 8th. Raymond James Financial reissued an “outperform” rating on shares of FedEx in a report on Wednesday. Finally, Wells Fargo & Company cut their price objective on FedEx from $450.00 to $425.00 and set an “overweight” rating for the company in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $350.54.

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.