Ninety One North America Inc. Makes New Investment in FedEx Corporation $FDX

Posted by Brian Himes on Oct 15th, 2026

Ninety One North America Inc. acquired a new position in shares of FedEx Corporation (NYSE:FDX – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 14,810 shares of the shipping service provider’s stock, valued at approximately $4,222,000.

A number of other large investors have also recently made changes to their positions in the stock. Ferguson Wellman Capital Management Inc. raised its position in shares of FedEx by 3.2% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 830 shares of the shipping service provider’s stock valued at $296,000 after buying an additional 26 shares in the last quarter. Whipplewood Advisors LLC grew its position in FedEx by 9.9% in the first quarter. Whipplewood Advisors LLC now owns 333 shares of the shipping service provider’s stock worth $119,000 after acquiring an additional 30 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in FedEx by 11.9% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 283 shares of the shipping service provider’s stock worth $101,000 after acquiring an additional 30 shares in the last quarter. Avior Wealth Management LLC increased its stake in FedEx by 2.6% during the second quarter. Avior Wealth Management LLC now owns 1,361 shares of the shipping service provider’s stock worth $426,000 after acquiring an additional 34 shares during the last quarter. Finally, CLG LLC increased its stake in FedEx by 3.8% during the first quarter. CLG LLC now owns 952 shares of the shipping service provider’s stock worth $339,000 after acquiring an additional 35 shares during the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

FedEx Trading Up 0.4%

FDX stock traded up $1.24 during midday trading on Thursday, reaching $292.52. The company’s stock had a trading volume of 297,084 shares, compared to its average volume of 2,021,258. 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 stock has a fifty day simple moving average of $310.36 and a two-hundred day simple moving average of $334.79. FedEx Corporation has a 1 year low of $186.40 and a 1 year high of $345.36. The firm has a market capitalization of $69.23 billion, a price-to-earnings ratio of 15.81, a PEG ratio of 1.55 and a beta of 1.28.

FedEx (NYSE:FDX – Get Free Report) last released its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. The business had revenue of $23.26 billion during the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. On average, equities research analysts predict that FedEx Corporation will post 17.53 EPS for the current year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were issued a dividend of $1.22 per share. The ex-dividend date was Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a yield of 1.7%. FedEx’s dividend payout ratio (DPR) is presently 26.36%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FDX shares. Raymond James Financial restated an “outperform” rating on shares of FedEx in a report on Thursday. Truist Financial cut their price target on shares of FedEx from $365.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. Evercore increased their price objective on shares of FedEx from $350.00 to $351.00 in a research report on Monday, September 28th. Citizens Jmp assumed coverage on shares of FedEx in a research report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 price objective on the stock. Finally, UBS Group decreased their price objective on shares of FedEx from $445.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $354.64.

Read Our Latest Research Report on FedEx

FedEx Profile

(Free Report)

FedEx Corporation is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, and logistics services for businesses, government organizations and consumers.

The company’s services include domestic and international parcel delivery, less-than-truckload freight transportation, supply chain management, customs and trade assistance, warehousing, fulfillment and other logistics solutions.