FedEx (NYSE:FDX) Given New $423.00 Price Target at Wolfe Research

FedEx (NYSE:FDX) had its target price trimmed by Wolfe Research from $427.00 to $423.00 in a research note published on Tuesday morning,MarketScreener reports. The firm currently has an outperform rating on the shipping service provider’s stock.

Several other analysts have also issued reports on the company. Barclays upped their price objective on FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Wall Street Zen upgraded FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Wells Fargo & Company increased their target price on FedEx from $430.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, March 20th. JPMorgan Chase & Co. increased their target price on FedEx from $424.00 to $432.00 and gave the stock a “neutral” rating in a research note on Friday, March 20th. Finally, UBS Group increased their target price on FedEx from $412.00 to $446.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Eighteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $396.88.

FedEx Stock Performance

NYSE:FDX traded up $10.32 on Tuesday, hitting $367.32. The company’s stock had a trading volume of 435,177 shares, compared to its average volume of 1,949,256. 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 stock has a fifty day moving average of $362.42 and a two-hundred day moving average of $302.58. The firm has a market capitalization of $87.64 billion, a P/E ratio of 19.59, a price-to-earnings-growth ratio of 1.59 and a beta of 1.28. FedEx has a one year low of $194.29 and a one year high of $392.86.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $1.13. The firm had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.51 earnings per share. Research analysts predict that FedEx will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 9th were given a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. FedEx’s dividend payout ratio is currently 30.87%.

Institutional Investors Weigh In On FedEx

A number of large investors have recently added to or reduced their stakes in the stock. OneAscent Financial Services LLC grew its position in FedEx by 1.7% during the fourth quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock worth $491,000 after buying an additional 29 shares in the last quarter. Arete Wealth Advisors LLC grew its position in FedEx by 1.7% during the fourth quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock worth $514,000 after buying an additional 30 shares in the last quarter. LRI Investments LLC grew its position in FedEx by 5.2% during the fourth quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock worth $183,000 after buying an additional 31 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its position in FedEx by 11.9% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock worth $84,000 after buying an additional 31 shares in the last quarter. Finally, Legacy Bridge LLC boosted its holdings in shares of FedEx by 33.0% in the 4th quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider’s stock valued at $38,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx Freight held an inaugural Investor Day outlining its post-spinoff strategy and positioning as the largest North American LTL carrier, signaling management confidence in standalone growth and value creation; this event underpins the stock move higher. Read More.
• Positive Sentiment: Management said FedEx Freight is targeting up to 12% operating-profit growth ahead of the spinoff — a clear near-term profitability goal that supports upside for FDX as the market prices separation benefits. Read More.
• Positive Sentiment: Analyst support remains: Argus reiterated its buy/stick rating and other analysts continue to highlight cost cuts, premium mix and network optimization as drivers of higher-margin growth for FY26 and beyond. These endorsements help sustain investor confidence. Read More.
• Positive Sentiment: Coverage pieces emphasizing FedEx’s premium product mix and network optimization argue the company can sustain higher-quality growth, reinforcing the buy-side case around the ongoing operational transformation. Read More.
• Neutral Sentiment: Wolfe Research trimmed its 12-month price target slightly from $427 to $423 but kept an “outperform” rating — a modest technical adjustment that still implies mid-teens upside and signals ongoing analyst support. Read More.
• Neutral Sentiment: Market notes and timing pieces (Zacks, sector commentary) point out that FDX is up strongly over the past three months thanks to cost cuts and guidance, but they flag macro risks like fuel and trade policy that could create short-term volatility. Read More.
• Negative Sentiment: A large Amazon–USPS delivery pact to route over 1 billion packages annually raises questions about long-term e-commerce volumes for private parcel carriers, representing a material competitive risk that pressured peers and remains a downside catalyst for FedEx if volumes shift. Read More.

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.