FedEx Corporation $FDX Shares Purchased by Compass Capital Management Inc.

Compass Capital Management Inc. raised its stake in FedEx Corporation (NYSE:FDX) by 8.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 238,749 shares of the shipping service provider’s stock after purchasing an additional 17,644 shares during the quarter. FedEx comprises about 2.9% of Compass Capital Management Inc.’s investment portfolio, making the stock its 25th biggest position. Compass Capital Management Inc. owned 0.10% of FedEx worth $54,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. NewSquare Capital LLC lifted its position in FedEx by 121.8% during the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after acquiring an additional 67 shares in the last quarter. WPG Advisers LLC purchased a new stake in shares of FedEx during the first quarter valued at approximately $43,000. Cary Street Partners Investment Advisory LLC raised its stake in shares of FedEx by 60.7% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider’s stock valued at $46,000 after purchasing an additional 71 shares during the period. Motco lifted its position in shares of FedEx by 61.8% during the first quarter. Motco now owns 267 shares of the shipping service provider’s stock worth $65,000 after purchasing an additional 102 shares in the last quarter. Finally, Rise Advisors LLC boosted its stake in shares of FedEx by 21.0% in the first quarter. Rise Advisors LLC now owns 340 shares of the shipping service provider’s stock valued at $83,000 after purchasing an additional 59 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Daiwa Capital Markets lifted their price target on shares of FedEx from $232.00 to $240.00 and gave the stock a “neutral” rating in a research note on Monday, September 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $255.00 target price on shares of FedEx in a research report on Thursday, September 18th. UBS Group boosted their price target on FedEx from $293.00 to $314.00 and gave the stock a “buy” rating in a research note on Friday, September 19th. Jefferies Financial Group raised their price objective on FedEx from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, September 19th. Finally, TD Cowen upped their target price on FedEx from $269.00 to $271.00 and gave the company a “buy” rating in a research report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $273.08.

FedEx Stock Performance

FDX stock opened at $262.48 on Monday. The company has a market capitalization of $61.93 billion, a P/E ratio of 15.32, a PEG ratio of 1.46 and a beta of 1.31. The company has a 50-day simple moving average of $237.55 and a 200 day simple moving average of $230.05. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $308.53. The company has a quick ratio of 1.21, a current ratio of 1.25 and a debt-to-equity ratio of 0.73.

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

FedEx 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.