Oddo BHF Asset Management Sas Raises Holdings in FedEx Corporation $FDX

Oddo BHF Asset Management Sas grew its position in shares of FedEx Corporation (NYSE:FDX) by 28.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,365 shares of the shipping service provider’s stock after buying an additional 2,319 shares during the period. Oddo BHF Asset Management Sas’ holdings in FedEx were worth $2,994,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of FedEx by 12.8% in the fourth quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after buying an additional 207 shares in the last quarter. Empowered Funds LLC raised its stake in FedEx by 78.9% in the first quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock valued at $2,514,000 after purchasing an additional 4,548 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of FedEx in the 2nd quarter worth about $586,000. Quantbot Technologies LP purchased a new position in shares of FedEx in the 2nd quarter worth about $186,000. Finally, Jump Financial LLC purchased a new position in shares of FedEx in the 2nd quarter worth about $456,000. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

FDX has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Raymond James Financial initiated coverage on shares of FedEx in a research report on Wednesday, June 3rd. They issued an “outperform” rating and a $180.00 target price for the company. Stifel Nicolaus upped their price target on FedEx from $425.00 to $442.00 in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft cut FedEx from a “buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Finally, Seaport Research Partners started coverage on shares of FedEx in a report on Wednesday, May 27th. They set a “buy” rating for the company. Eighteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, FedEx presently has an average rating of “Moderate Buy” and an average price target of $371.45.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx shares have climbed to an all-time peak ahead of earnings, reflecting optimism that the company may deliver another strong report. FedEx Stock Hits All-Time Peak Before Earnings
• Positive Sentiment: Analysts expect FedEx to beat Q4 earnings estimates, citing cost cuts and AI-driven efficiency gains that could support margins and profits. FedEx (FDX) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
• Positive Sentiment: Recent commentary says FedEx continues to outperform the broader market, helped by tariff refunds and a view that Amazon’s logistics expansion is not a major threat to the core business. FedEx Corporation: Tariffs, Amazon Changes, And Earnings On The Horizon
• Neutral Sentiment: Market pieces frame the stock as a hold into earnings, with investors balancing efficiency gains against uncertainty from tariffs and broader demand trends. FedEx to Report Q4 Earnings: Should You Buy, Sell or Hold the Stock?
• Neutral Sentiment: FedEx also faces ongoing questions about its freight business after the spin-off, with some analysts still wary of a prolonged freight downturn. FedEx Freight: 37 Times Forward Earnings For A Fourth-Year Freight Recession
• Negative Sentiment: Tariff uncertainty remains a headwind, since any refunds or related benefits may be passed through to customers and do not fully eliminate legal and operational complexity. FedEx Corporation: Tariffs, Amazon Changes, And Earnings On The Horizon

FedEx Trading Down 1.0%

Shares of FDX stock opened at $335.42 on Wednesday. FedEx Corporation has a 12-month low of $172.88 and a 12-month high of $345.36. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. The firm’s 50 day moving average is $370.85 and its 200 day moving average is $344.04. The stock has a market capitalization of $80.03 billion, a P/E ratio of 17.85, a P/E/G ratio of 1.54 and a beta of 1.28.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $23.44 billion. During the same quarter in the prior year, the firm earned $4.51 EPS. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. Research analysts expect that FedEx Corporation will post 19.78 earnings per share for the current year.

FedEx Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Monday, June 22nd will be given a dividend of $1.22 per share. The ex-dividend date is Monday, June 22nd. This represents a $4.88 annualized dividend and a yield of 1.5%. FedEx’s payout ratio is 30.87%.

Insider Buying and Selling

In other news, EVP Kawal Preet sold 4,900 shares of the stock in a transaction on 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. This represents a 30.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Tracy B. Brightman sold 16,959 shares of the stock in a transaction on Wednesday, April 15th. The stock was 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 have sold a total of 48,104 shares of company stock valued at $17,599,006 over the last three months. 0.53% of the stock is currently owned by company insiders.

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.