Kiltearn Partners LLP Makes New Investment in FedEx Corporation $FDX

Kiltearn Partners LLP acquired a new stake in shares of FedEx Corporation (NYSE:FDX) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 21,559 shares of the shipping service provider’s stock, valued at approximately $6,751,000. FedEx comprises 1.6% of Kiltearn Partners LLP’s portfolio, making the stock its 20th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in FDX. Brighton Jones LLC lifted its holdings in shares of FedEx by 12.8% in the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after acquiring an additional 207 shares during the last quarter. Empowered Funds LLC grew its holdings in FedEx by 78.9% during the 1st 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 during the last quarter. Sivia Capital Partners LLC purchased a new stake in FedEx in the 2nd quarter worth about $586,000. Quantbot Technologies LP purchased a new stake in FedEx in the 2nd quarter worth about $186,000. Finally, Jump Financial LLC bought a new stake in FedEx in the second quarter worth about $456,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Insider Activity

In related news, Director Paul S. Walsh sold 5,042 shares of FedEx stock in a transaction that occurred on 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 transaction, the director directly owned 16,359 shares of the company’s stock, valued at $5,309,477.04. This trade represents a 23.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.53% of the company’s stock.

FedEx News Summary

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

FedEx Price Performance

Shares of FDX stock opened at $325.03 on Friday. 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. The company’s 50-day simple moving average is $319.03 and its two-hundred day simple moving average is $351.53. 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 current ratio of 1.48 and a quick ratio of 1.44.

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

FedEx Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on FDX shares. Wall Street Zen upgraded FedEx to a “hold” rating in a research report on Saturday, August 8th. Citigroup assumed coverage on FedEx in a report on Wednesday, July 15th. They issued an “outperform” rating on the stock. BMO Capital Markets reissued a “market perform” rating on shares of FedEx in a research note on Wednesday, June 24th. TD Cowen dropped their price objective on FedEx from $426.00 to $354.00 in a report on Wednesday, June 24th. Finally, Stephens raised FedEx to a “strong-buy” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus 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.