Knights of Columbus Asset Advisors LLC decreased its position in shares of FedEx Corporation (NYSE:FDX – Free Report) by 31.2% in the third quarter, HoldingsChannel reports. The firm owned 11,790 shares of the shipping service provider’s stock after selling 5,354 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in FedEx were worth $3,361,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. OMERS ADMINISTRATION Corp raised its holdings in shares of FedEx by 104.9% during the first quarter. OMERS ADMINISTRATION Corp now owns 17,319 shares of the shipping service provider’s stock worth $6,169,000 after purchasing an additional 8,868 shares during the last quarter. First Nebraska Trust Co acquired a new position in FedEx during the first quarter valued at $10,675,000. NewEdge Advisors LLC lifted its position in FedEx by 74.1% during the second quarter. NewEdge Advisors LLC now owns 34,354 shares of the shipping service provider’s stock valued at $10,757,000 after purchasing an additional 14,624 shares during the period. Archer Investment Corp purchased a new stake in FedEx in the second quarter valued at $1,147,000. Finally, Tidal Investments LLC boosted its holdings in FedEx by 9.8% in the second quarter. Tidal Investments LLC now owns 48,662 shares of the shipping service provider’s stock valued at $15,238,000 after purchasing an additional 4,340 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.
FedEx Stock Performance
FDX opened at $322.61 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.29. The firm has a fifty day moving average price of $302.45 and a 200 day moving average price of $337.57. FedEx Corporation has a 1 year low of $207.83 and a 1 year high of $345.36. The stock has a market cap of $75.56 billion, a P/E ratio of 19.84, a P/E/G ratio of 1.29 and a beta of 1.27.
FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.40. The firm had revenue of $22.93 billion for the quarter, compared to the consensus estimate of $22.73 billion. FedEx had a net margin of 4.09% and a return on equity of 15.53%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.83 earnings per share. Equities research analysts anticipate that FedEx Corporation will post 18.29 earnings per share for the current year.
FedEx Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Monday, September 14th were given a $1.22 dividend. The ex-dividend date was Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. FedEx’s dividend payout ratio is 30.01%.
Insider Transactions at FedEx
In other news, EVP Tracy Brightman sold 26,611 shares of the stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $316.68, for a total transaction of $8,427,171.48. Following the sale, the executive vice president directly owned 12,245 shares of the company’s stock, valued at $3,877,746.60. This represents a 68.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Gina Adams sold 3,014 shares of the firm’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 sale, the executive vice president owned 9,656 shares in the company, valued at $3,061,531.36. This trade represents a 23.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 46,387 shares of company stock valued at $14,681,426 in the last ninety days. 0.65% of the stock is currently owned by corporate insiders.
FedEx News Summary
These are some of the FDX news items that stood out recently:
- Positive Sentiment: Longer-term growth in retail logistics and omnichannel fulfillment could benefit major providers including FedEx as retailers invest in faster delivery and automation. These industry forecasts are not specific to FedEx. Global Retail Logistics Solutions Market Report 2026
- Neutral Sentiment: FedEx’s growth prospects may appeal to investors, while UPS is highlighted for its higher dividend and lower valuation. The comparison underscores differing investment priorities rather than a clear near-term catalyst for FDX. UPS vs. FedEx
- Negative Sentiment: Commentary warns that FedEx’s valuation may already reflect improved margins and that rising costs could constrain further upside. Is FedEx Stock a Buy as Margins Improve but Valuation Looks Full?
Analyst Upgrades and Downgrades
FDX has been the topic of several analyst reports. Sanford C. Bernstein set a $377.00 price target on FedEx in a research report on Monday, October 26th. Evercore boosted their price objective on FedEx from $350.00 to $351.00 in a report on Monday, September 28th. Truist Financial lowered their target price on FedEx from $365.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Raymond James Financial set a $162.00 target price on FedEx in a research note on Tuesday, November 3rd. Finally, HSBC raised FedEx from a “hold” rating to a “buy” rating and set a $370.00 target price on the stock in a report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $359.16.
Check Out Our Latest Analysis on FDX
About FedEx
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.
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