Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of FedEx Corporation (NYSE:FDX). In a filing disclosed on April 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in FedEx stock on March 25th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.
Representative Maria Elvira Salazar also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 3/25/2026.
- Purchased $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 3/24/2026.
- Purchased $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 3/24/2026.
- Purchased $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 3/24/2026.
- Purchased $15,001 – $50,000 in shares of Boeing (NYSE:BA) on 3/19/2026.
- Purchased $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
- Purchased $15,001 – $50,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
- Purchased $15,001 – $50,000 in shares of FedEx (NYSE:FDX) on 3/19/2026.
- Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 3/19/2026.
- Purchased $15,001 – $50,000 in shares of Ulta Beauty (NASDAQ:ULTA) on 3/19/2026.
FedEx Price Performance
FDX stock opened at $386.18 on Thursday. The company has a fifty day moving average price of $369.13 and a 200-day moving average price of $313.09. The company has a market capitalization of $92.15 billion, a P/E ratio of 20.55, a PEG ratio of 1.73 and a beta of 1.28. FedEx Corporation has a 52-week low of $204.33 and a 52-week high of $399.67. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47.
FedEx Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were paid a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.5%. FedEx’s dividend payout ratio (DPR) is presently 30.87%.
Insider Activity at FedEx
In other FedEx news, EVP Tracy B. Brightman sold 16,959 shares of the firm’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total value of $6,164,087.73. Following the completion of the sale, the executive vice president directly owned 11,052 shares in the company, valued at approximately $4,017,070.44. This trade represents a 60.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kawal Preet sold 4,900 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $367.89, for a total transaction of $1,802,661.00. Following the completion of the sale, the executive vice president owned 10,953 shares of the company’s stock, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 48,104 shares of company stock valued at $17,599,006. Company insiders own 0.53% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently issued reports on FDX. Evercore raised their price target on shares of FedEx from $364.00 to $380.00 in a research note on Tuesday, February 24th. Bank of America raised their price target on shares of FedEx from $431.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, March 20th. Wolfe Research lowered their target price on shares of FedEx from $427.00 to $423.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. Barclays lifted their target price on shares of FedEx from $360.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Finally, BMO Capital Markets lifted their target price on shares of FedEx from $400.00 to $410.00 and gave the stock a “market perform” rating in a research note on Friday, March 20th. Eighteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $398.04.
Check Out Our Latest Stock Analysis on FedEx
Hedge Funds Weigh In On FedEx
Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in FedEx by 13.2% in the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after purchasing an additional 2,741,723 shares during the period. Dodge & Cox grew its holdings in FedEx by 12.0% in the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares during the period. State Street Corp grew its holdings in FedEx by 4.2% in the fourth quarter. State Street Corp now owns 9,521,691 shares of the shipping service provider’s stock worth $2,763,824,000 after purchasing an additional 382,848 shares during the period. Franklin Resources Inc. grew its holdings in FedEx by 6.6% in the fourth quarter. Franklin Resources Inc. now owns 5,133,231 shares of the shipping service provider’s stock worth $1,482,785,000 after purchasing an additional 318,293 shares during the period. Finally, Geode Capital Management LLC grew its holdings in FedEx by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,985,778 shares of the shipping service provider’s stock worth $1,443,666,000 after purchasing an additional 45,818 shares during the period. Institutional investors own 84.47% of the company’s stock.
About Representative Salazar
Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.
Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.
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.
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