FedEx Corporation $FDX Stock: International Assets Investment Management LLC Reduces Stake

International Assets Investment Management LLC lessened its stake in shares of FedEx Corporation (NYSE:FDX) by 99.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,057 shares of the shipping service provider’s stock after selling 345,022 shares during the period. International Assets Investment Management LLC’s holdings in FedEx were worth $591,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of FDX. BlackRock Inc. purchased a new stake in shares of FedEx in the 2nd quarter worth $6,508,103,000. Primecap Management Co. CA purchased a new stake in FedEx during the second quarter worth $2,554,138,000. Dimensional Fund Advisors LP raised its position in shares of FedEx by 2.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,630,669 shares of the shipping service provider’s stock worth $936,688,000 after acquiring an additional 52,963 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of FedEx by 6.3% during the 1st quarter. Bank of New York Mellon Corp now owns 2,134,672 shares of the shipping service provider’s stock worth $760,328,000 after purchasing an additional 125,950 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of FedEx during the 2nd quarter worth $579,171,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Insiders Place Their Bets

In other FedEx news, EVP Tracy Brightman sold 26,611 shares of FedEx stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $316.68, for a total transaction of $8,427,171.48. Following the completion of the transaction, the executive vice president owned 12,245 shares in the company, valued at approximately $3,877,746.60. This trade represents a 68.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Gina Adams sold 3,014 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $317.06, for a total value of $955,618.84. Following the completion of the transaction, the executive vice president directly owned 9,656 shares of the company’s stock, valued at approximately $3,061,531.36. This trade represents a 23.79% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 46,387 shares of company stock valued at $14,681,426. Company insiders own 0.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on FDX shares. BNP Paribas Exane increased their price target on shares of FedEx from $269.80 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, September 30th. Evercore increased their target price on shares of FedEx from $350.00 to $351.00 in a research report on Monday, September 28th. Raymond James Financial set a $162.00 price target on shares of FedEx in a report on Tuesday, November 3rd. Sanford C. Bernstein set a $377.00 target price on FedEx in a research note on Monday, October 26th. Finally, Weiss Ratings downgraded FedEx from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, FedEx has a consensus rating of “Moderate Buy” and an average price target of $359.16.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx raised its fiscal 2026 earnings guidance after reporting higher quarterly sales. Commentary also points to improving margins, strong cash flow and savings from its network overhaul as supports for earnings. What FedEx Stock’s Higher Earnings Outlook Means For Shareholders
• Neutral Sentiment: FedEx appointed Katherine M. Boyle, a general partner at Andreessen Horowitz, to its board and committees, including roles involving cyber oversight. The new director adds experience, though the appointment’s financial impact is not yet clear. Katherine M. Boyle Elected to FedEx Board
• Neutral Sentiment: Analyst commentary is divided on valuation: one view says cash-flow potential may leave shares below fair value, while another cautions that the valuation looks full and rising costs could limit upside. Is FedEx Stock a Buy as Margins Improve but Valuation Looks Full?
• Negative Sentiment: California’s privacy agency fined FedEx nearly $3 million over alleged privacy violations, including failing to honor opt-out requests through Global Privacy Control. The fine is modest relative to the company’s scale, but the allegations add regulatory and reputational risk. California Privacy Agency Fines FedEx Nearly $3M
• Negative Sentiment: CFO Claude Russ sold 16,762 shares, reducing his holdings by about 79%. Insider sales can occur for personal reasons and do not by themselves establish a negative business outlook, but the size of the reduction may draw investor attention. SEC Form 4 filing
• Negative Sentiment: FedEx named Jamere Jackson as CFO, effective immediately. His prior CFO experience is a plus, but a leadership transition brings some near-term execution uncertainty. Why Is FedEx Bringing In Jamere Jackson As CFO?

FedEx Stock Up 0.2%

FedEx stock opened at $319.56 on Wednesday. The business’s 50-day simple moving average is $302.48 and its two-hundred day simple moving average is $337.47. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.29 and a current ratio of 1.33. The company has a market cap of $74.84 billion, a PE ratio of 19.65, a PEG ratio of 1.28 and a beta of 1.27. FedEx Corporation has a fifty-two week low of $203.20 and a fifty-two week high of $345.36.

FedEx (NYSE:FDX) last issued its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.40. FedEx had a return on equity of 15.53% and a net margin of 4.09%. The firm had revenue of $22.93 billion for the quarter, compared to analyst estimates of $22.73 billion. During the same quarter in the prior year, the firm earned $3.83 earnings per share. FedEx’s revenue for the quarter was up 12.3% on a year-over-year basis. Equities analysts anticipate that FedEx Corporation will post 18.29 EPS for the current year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Monday, September 14th were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, September 14th. FedEx’s dividend payout ratio (DPR) is currently 30.01%.

FedEx Profile

FedEx Corporation is a global transportation and logistics company that provides delivery, freight, and supply chain services to businesses and consumers. Its offerings include express and ground package delivery, freight transportation, customs clearance, and logistics solutions that help customers manage shipping and distribution. Founded by Frederick W. Smith in 1971, FedEx began operations in 1973. The company serves customers throughout the United States and in international markets, connecting businesses and consumers through its transportation and delivery networks.