FedEx Corporation $FDX Holdings Decreased by First Command Advisory Services Inc.

First Command Advisory Services Inc. reduced its stake in shares of FedEx Corporation (NYSE:FDX) by 12.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,617 shares of the shipping service provider’s stock after selling 222 shares during the quarter. First Command Advisory Services Inc.’s holdings in FedEx were worth $368,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of FDX. WealthPlan Investment Management LLC raised its position in FedEx by 3.2% in the second quarter. WealthPlan Investment Management LLC now owns 1,439 shares of the shipping service provider’s stock worth $327,000 after acquiring an additional 44 shares in the last quarter. Aaron Wealth Advisors LLC raised its position in FedEx by 2.6% in the first quarter. Aaron Wealth Advisors LLC now owns 1,875 shares of the shipping service provider’s stock worth $457,000 after acquiring an additional 48 shares in the last quarter. SouthState Corp raised its position in FedEx by 3.5% in the first quarter. SouthState Corp now owns 1,431 shares of the shipping service provider’s stock worth $349,000 after acquiring an additional 48 shares in the last quarter. Hendershot Investments Inc. raised its position in FedEx by 4.3% in the first quarter. Hendershot Investments Inc. now owns 1,207 shares of the shipping service provider’s stock worth $294,000 after acquiring an additional 50 shares in the last quarter. Finally, Loudon Investment Management LLC raised its position in FedEx by 5.0% in the second quarter. Loudon Investment Management LLC now owns 1,050 shares of the shipping service provider’s stock worth $239,000 after acquiring an additional 50 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FDX shares. Dbs Bank upgraded shares of FedEx from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 21st. Sanford C. Bernstein lifted their target price on FedEx from $247.00 to $250.00 and gave the company a “market perform” rating in a research note on Monday, September 22nd. Wall Street Zen raised FedEx from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. TD Cowen boosted their price target on FedEx from $269.00 to $271.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Finally, Raymond James Financial restated an “outperform” rating and issued a $255.00 target price on shares of FedEx in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, FedEx has a consensus rating of “Moderate Buy” and a consensus target price of $271.83.

FedEx Price Performance

Shares of FDX stock opened at $241.24 on Monday. The stock’s fifty day moving average is $233.05 and its 200-day moving average is $226.75. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.21 and a current ratio of 1.25. The stock has a market capitalization of $56.92 billion, a PE ratio of 14.08, a PEG ratio of 1.34 and a beta of 1.28. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $308.53.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.12. The business had revenue of $22.20 billion for the quarter, compared to analysts’ expectations of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the business earned $3.60 earnings per share. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. Equities research analysts expect that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Monday, September 8th were given a $1.45 dividend. The ex-dividend date was Monday, September 8th. This represents a $5.80 annualized dividend and a dividend yield of 2.4%. FedEx’s payout ratio is currently 33.86%.

FedEx Company Profile

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.