FedEx Corporation $FDX Stock: Investment House LLC Cuts Position

Posted by Brian Himes on Oct 23rd, 2026

Investment House LLC decreased its holdings in FedEx Corporation (NYSE:FDX – Free Report) by 63.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,566 shares of the shipping service provider’s stock after selling 13,141 shares during the quarter. Investment House LLC’s holdings in FedEx were worth $2,157,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hollencrest Capital Management acquired a new position in shares of FedEx during the 1st quarter worth about $25,000. Bayban purchased a new position in FedEx in the first quarter worth $26,000. Solstein Capital LLC purchased a new position in FedEx in the second quarter valued at about $27,000. Cedar Mountain Advisors LLC boosted its position in FedEx by 77.4% during the first quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider’s stock worth $33,000 after purchasing an additional 41 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. acquired a new position in FedEx during the second quarter worth about $31,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Price Performance

NYSE FDX opened at $303.77 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $71.89 billion, a PE ratio of 14.76, a price-to-earnings-growth ratio of 1.53 and a beta of 1.28. FedEx Corporation has a 12-month low of $187.62 and a 12-month high of $345.36. The company has a 50 day moving average price of $307.07 and a two-hundred day moving average price of $332.39.

FedEx (NYSE:FDX – Get Free Report) last posted its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. The company had revenue of $23.26 billion for the quarter. As a group, equities analysts predict that FedEx Corporation will post 18.27 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders 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 dividend yield of 1.6%. FedEx’s payout ratio is 26.36%.

Wall Street Analysts Forecast Growth

Several research firms have commented on FDX. Citigroup reaffirmed a “cautious” rating on shares of FedEx in a research note on Wednesday, October 7th. Citizens Jmp assumed coverage on FedEx in a research report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price for the company. JPMorgan Chase & Co. lowered their price objective on shares of FedEx from $400.00 to $399.00 and set an “overweight” rating on the stock in a research note on Monday, October 5th. Wall Street Zen upgraded shares of FedEx to a “hold” rating in a research report on Saturday, August 8th. Finally, Evercore lifted their price target on FedEx from $350.00 to $351.00 in a research note on Monday, September 28th. One research 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 company’s stock. According to MarketBeat, FedEx has a consensus rating of “Moderate Buy” and a consensus target price of $354.64.

Read Our Latest Stock Report on FedEx

FedEx Profile

(Free Report)

FedEx Corporation (NYSE: FDX) 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, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.