Womack Financial LLC Takes Position in FedEx Corporation $FDX

Posted by George Bondi on Aug 25th, 2026

Womack Financial LLC acquired a new position in shares of FedEx Corporation (NYSE:FDX – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,422 shares of the shipping service provider’s stock, valued at approximately $758,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fiduciary Financial Advisors bought a new stake in FedEx in the second quarter valued at approximately $52,000. Manning & Napier Advisors LLC bought a new position in FedEx during the 2nd quarter worth approximately $7,744,000. L2 Asset Management LLC bought a new position in FedEx during the 2nd quarter worth approximately $978,000. Cetera Trust Company N.A acquired a new position in shares of FedEx in the 2nd quarter worth approximately $2,367,000. Finally, Aberdeen Wealth Management LLC acquired a new position in shares of FedEx in the 2nd quarter worth approximately $192,000. 84.47% of the stock is owned by institutional investors and hedge funds.

FedEx Stock Performance

NYSE:FDX opened at $334.05 on Tuesday. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. FedEx Corporation has a twelve month low of $177.05 and a twelve month high of $345.36. The company has a fifty day moving average of $318.95 and a 200-day moving average of $351.51. The firm has a market capitalization of $79.06 billion, a P/E ratio of 18.05, a P/E/G ratio of 1.67 and a beta of 1.30.

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

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, September 14th. FedEx’s dividend payout ratio is 26.36%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FDX. BMO Capital Markets reiterated a “market perform” rating on shares of FedEx in a research report on Wednesday, June 24th. Citigroup started coverage on shares of FedEx in a report on Wednesday, July 15th. They issued an “outperform” rating on the stock. Barclays cut their price target on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 17th. Rothschild & Co Redburn decreased their price target on FedEx from $375.00 to $344.00 and set a “neutral” rating for the company in a report on Tuesday, June 2nd. Finally, Truist Financial lowered their price objective on FedEx from $425.00 to $365.00 and set a “buy” rating for the company in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, FedEx currently has an average rating of “Moderate Buy” and a consensus price target of $350.54.

Read Our Latest Stock Analysis on FDX

Insider Activity at FedEx

In other news, Director Paul S. Walsh sold 5,042 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the completion of the sale, the director owned 16,359 shares in the company, valued at $5,309,477.04. The trade was a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.65% of the stock is currently owned by corporate insiders.

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.