FedEx’s (FDX) “Overweight” Rating Reiterated at Stephens

Stephens restated their overweight rating on shares of FedEx (NYSE:FDX) in a research report sent to investors on Tuesday,Benzinga reports. They currently have a $435.00 price target on the shipping service provider’s stock.

A number of other research firms have also weighed in on FDX. Barclays boosted their price objective on shares of FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Citigroup boosted their price objective on shares of FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of FedEx in a research report on Thursday, April 9th. Royal Bank Of Canada lowered shares of FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of FedEx in a research report on Monday, December 29th. Eighteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, FedEx presently has a consensus rating of “Moderate Buy” and a consensus price target of $398.04.

FedEx Stock Performance

Shares of FDX opened at $380.05 on Tuesday. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. The stock has a market cap of $90.68 billion, a P/E ratio of 20.23, a PEG ratio of 1.60 and a beta of 1.28. The company has a 50-day moving average of $367.19 and a two-hundred day moving average of $308.36. FedEx has a 12-month low of $201.10 and a 12-month high of $392.86.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. The company had revenue of $24 billion during the quarter, compared to analysts’ expectations of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.51 earnings per share. As a group, research analysts predict that FedEx will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 9th were issued a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, March 9th. FedEx’s payout ratio is presently 30.87%.

Insider Activity at FedEx

In related news, Director Susan C. Schwab sold 5,795 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total value of $2,138,355.00. Following the completion of the sale, the director directly owned 10,038 shares in the company, valued at approximately $3,704,022. The trade was a 36.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Gina F. Adams sold 20,450 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the completion of the sale, the executive vice president owned 19,403 shares of the company’s stock, valued at approximately $7,110,229.35. The trade was a 51.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,104 shares of company stock valued at $17,599,006 in the last ninety days. 0.53% of the stock is owned by company insiders.

Institutional Investors Weigh In On FedEx

A number of institutional investors have recently bought and sold shares of FDX. Grey Fox Wealth Advisors LLC purchased a new stake in FedEx during the third quarter worth approximately $27,000. EFG International AG acquired a new position in shares of FedEx during the fourth quarter worth $27,000. Wealth Watch Advisors INC acquired a new position in shares of FedEx during the third quarter worth $28,000. Ameriflex Group Inc. lifted its position in shares of FedEx by 103.3% during the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after purchasing an additional 63 shares in the last quarter. Finally, Ulland Investment Advisors LLC acquired a new stake in FedEx in the fourth quarter valued at $29,000. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Multiple analyst upgrades/price‑target raises have pushed sentiment higher — Stephens gave an overweight/strong target (coverage noted by market wires) and other outlets reported raised targets, while Wells Fargo reiterated a buy view. These pushes help explain buying interest. Read More. Read More.
• Positive Sentiment: Management has reaffirmed FY26 and FY29 outlooks after recent results that beat estimates (March quarter EPS and revenue upside), reducing immediate uncertainty around guidance and supporting upside. Read More.
• Neutral Sentiment: FedEx announced its CFO, John Dietrich, will step down effective June 1; Claude Russ is interim while a search is run. The market sees this as noteworthy but management says it follows the planned FedEx Freight spinoff. Read More.
• Neutral Sentiment: CEO comments that tariffs are impacting the business add a macro headwind to monitor (trade policy exposure to costs/pricing). Read More.
• Neutral Sentiment: Broader market/sector moves (consumer stocks rising) may be providing tailwinds for transportation/logistics names including FedEx. Read More.
• Negative Sentiment: Large insider selling today/week: EVP Tracy B. Brightman sold 16,959 shares (~$6.16M) and Director Susan C. Schwab sold 5,795 shares (~$2.14M). Significant insider trimming can be read negatively by some investors. Read More. Read More.
• Negative Sentiment: Additional insider sales (EVPs Gina Adams and Kawal Preet sold sizable stakes earlier this week) add to perceived selling pressure and may temper momentum. Read More. Read More.

About FedEx

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.