London Co. of Virginia Sells 12,255 Shares of FedEx Corporation $FDX

Posted by George Bondi on Jul 26th, 2026

London Co. of Virginia decreased its position in FedEx Corporation (NYSE:FDX – Free Report) by 6.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 191,097 shares of the shipping service provider’s stock after selling 12,255 shares during the period. London Co. of Virginia’s holdings in FedEx were worth $68,065,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Entropy Technologies LP boosted its stake in shares of FedEx by 2,864.5% in the 1st quarter. Entropy Technologies LP now owns 49,567 shares of the shipping service provider’s stock worth $17,655,000 after buying an additional 47,895 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of FedEx by 58.3% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 13,587 shares of the shipping service provider’s stock valued at $4,839,000 after acquiring an additional 5,006 shares during the last quarter. Dai ichi Life Insurance Company Ltd lifted its holdings in FedEx by 31.6% during the first quarter. Dai ichi Life Insurance Company Ltd now owns 6,613 shares of the shipping service provider’s stock worth $2,355,000 after acquiring an additional 1,588 shares during the period. Beaconlight Capital LLC bought a new stake in FedEx during the first quarter worth $5,414,000. Finally, Public Employees Retirement System of Ohio boosted its position in FedEx by 0.5% in the first quarter. Public Employees Retirement System of Ohio now owns 99,159 shares of the shipping service provider’s stock worth $35,318,000 after purchasing an additional 521 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. HSBC decreased their target price on FedEx from $360.00 to $289.89 and set a “hold” rating for the company in a research report on Monday, June 1st. Wall Street Zen upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. Argus raised their price objective on shares of FedEx from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, April 6th. Citigroup started coverage on shares of FedEx in a research report on Wednesday, July 15th. They issued an “outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of FedEx from a “buy” rating to a “hold” rating in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, FedEx has an average rating of “Moderate Buy” and a consensus target price of $350.54.

View Our Latest Analysis on FedEx

Insider Buying and Selling

In related news, Director Paul S. Walsh sold 5,042 shares of FedEx stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $324.56, for a total value of $1,636,431.52. Following the completion of the transaction, the director directly owned 16,359 shares in the company, valued at approximately $5,309,477.04. The trade was a 23.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.53% of the company’s stock.

FedEx Trading Down 0.3%

Shares of FDX opened at $314.77 on Friday. The business has a 50-day moving average of $335.98 and a 200 day moving average of $350.05. FedEx Corporation has a fifty-two week low of $172.88 and a fifty-two week high of $345.36. The firm has a market cap of $74.47 billion, a P/E ratio of 17.01, a price-to-earnings-growth ratio of 1.62 and a beta of 1.29. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48.

FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. The business had revenue of $23.26 billion for the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. As a group, research analysts forecast that FedEx Corporation will post 17.6 EPS for the current year.

FedEx Cuts Dividend

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

FedEx Profile

(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.