FedEx Corporation $FDX Stake Boosted by Kestra Advisory Services LLC

Posted by Brian Himes on Jul 12th, 2026

Kestra Advisory Services LLC boosted its holdings in FedEx Corporation (NYSE:FDX – Free Report) by 10.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,711 shares of the shipping service provider’s stock after purchasing an additional 4,661 shares during the quarter. Kestra Advisory Services LLC’s holdings in FedEx were worth $18,062,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. OneAscent Financial Services LLC lifted its position in shares of FedEx by 1.7% in the 4th 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 during the last quarter. Arete Wealth Advisors LLC increased its position in FedEx by 1.7% in 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 during the period. LRI Investments LLC increased its holdings in shares of FedEx by 5.2% in the 4th quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock worth $183,000 after acquiring an additional 31 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in shares of FedEx by 11.9% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock valued at $84,000 after purchasing an additional 31 shares during the period. Finally, Legacy Bridge LLC increased its position in 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 acquiring an additional 33 shares during the period. 84.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity at FedEx

In related news, EVP Kawal Preet sold 4,900 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were 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 directly owned 10,953 shares in the company, valued at approximately $4,029,499.17. This trade represents a 30.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Tracy B. Brightman sold 16,959 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the transaction, the executive vice president directly owned 11,052 shares in the company, valued at $4,017,070.44. The trade was a 60.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 53,146 shares of company stock worth $19,235,438. Company insiders own 0.53% of the company’s stock.

FedEx Trading Up 1.2%

Shares of NYSE:FDX traded up $3.65 during mid-day trading on Friday, hitting $314.49. The stock had a trading volume of 1,640,197 shares, compared to its average volume of 2,143,452. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48. The company has a market cap of $75.04 billion, a PE ratio of 16.99 and a beta of 1.29. FedEx Corporation has a 12-month low of $172.88 and a 12-month high of $345.36. The company’s 50 day moving average is $348.63 and its 200-day moving average is $348.55.

FedEx (NYSE:FDX – Get Free Report) last posted its quarterly earnings data on Tuesday, June 23rd. The shipping service provider reported $6.31 earnings per share for the quarter, topping the consensus estimate of $5.91 by $0.40. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The firm had revenue of $25.01 billion for the quarter, compared to analysts’ expectations of $24.04 billion. During the same period in the previous year, the company posted $6.07 EPS. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS.

FedEx Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd were given a dividend of $1.22 per share. The ex-dividend date was Monday, June 22nd. This represents a $4.88 dividend on an annualized basis and a yield of 1.6%. FedEx’s dividend payout ratio (DPR) is presently 26.36%.

Analyst Ratings Changes

Several equities analysts have commented on FDX shares. Susquehanna raised their target price on shares of FedEx from $410.00 to $455.00 and gave the company a “positive” rating in a research note on Friday, March 20th. Raymond James Financial lowered their price objective on shares of FedEx from $415.00 to $330.00 and set an “outperform” rating on the stock in a research note on Wednesday, June 24th. Wolfe Research dropped their target price on shares of FedEx from $427.00 to $423.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Zacks Research lowered shares of FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of FedEx in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $349.60.

View Our Latest Stock Analysis on FDX

Key FedEx News

Here are the key news stories impacting FedEx this week:

Positive Sentiment: FedEx announced pricing for cash tender offers to repurchase up to $4.15 billion of debt, a move that can lower future interest expense and improve its balance sheet after the planned FedEx Freight spin-off. FedEx Announces Pricing for Cash Tender Offers
Positive Sentiment: FedEx also reported early tender results for the debt offers, signaling active participation and progress on its capital-structure reshaping plan. FedEx Announces Early Tender Results of Previously Announced Cash Tender Offers
Positive Sentiment: Analyst sentiment improved, with Stephens upgrading FedEx to “strong-buy” after earlier bullish commentary, which can help reinforce investor confidence in the stock. Zacks.com
Positive Sentiment: Reports highlighted FedEx’s new life sciences division and ongoing efforts to expand healthcare logistics, suggesting a higher-margin growth opportunity for the company. New FedEx life sciences unit integrates healthcare logistics capabilities
Neutral Sentiment: Some articles argued the stock may still be undervalued after its strong run, indicating upside potential but not an immediate catalyst. FedEx (FDX) Stock Looks Undervalued Even After A 65% Run
Negative Sentiment: Investor concerns persist around Amazon’s low-cost logistics expansion, which could pressure FedEx pricing and market share over time. FedEx Reshapes Debt After FedEx Freight Spin-Off

About FedEx

(Free Report)

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.