Counterpoint Mutual Funds LLC Buys New Position in FedEx Corporation $FDX

Posted by Brian Himes on Jul 4th, 2026

Counterpoint Mutual Funds LLC purchased a new position in shares of FedEx Corporation (NYSE:FDX – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,423 shares of the shipping service provider’s stock, valued at approximately $863,000.

Several other large investors have also bought and sold shares of the stock. Dodge & Cox boosted its holdings in FedEx by 12.0% during the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after acquiring an additional 1,742,666 shares during the last quarter. State Street Corp grew its stake in shares of FedEx by 4.2% in the 4th quarter. State Street Corp now owns 9,521,691 shares of the shipping service provider’s stock worth $2,763,824,000 after acquiring an additional 382,848 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of FedEx by 6.6% in the fourth quarter. Franklin Resources Inc. now owns 5,133,231 shares of the shipping service provider’s stock valued at $1,482,785,000 after purchasing an additional 318,293 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of FedEx by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,985,778 shares of the shipping service provider’s stock valued at $1,443,666,000 after purchasing an additional 45,818 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of FedEx by 3.1% during the third quarter. Invesco Ltd. now owns 3,618,898 shares of the shipping service provider’s stock valued at $853,372,000 after purchasing an additional 108,426 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Stock Performance

Shares of FDX stock opened at $313.21 on Friday. The firm’s 50 day moving average is $356.40 and its 200 day moving average is $347.60. The stock has a market capitalization of $74.73 billion, a P/E ratio of 16.92, a PEG ratio of 1.36 and a beta of 1.29. FedEx Corporation has a 12 month low of $172.88 and a 12 month high of $345.36. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74.

FedEx (NYSE:FDX – Get Free Report) last released its quarterly earnings data on Tuesday, June 23rd. The shipping service provider reported $6.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.91 by $0.40. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The business had revenue of $25.01 billion during the quarter, compared to analyst estimates of $24.04 billion. During the same period in the previous year, the business earned $6.07 EPS. FedEx’s revenue was up 12.5% compared to the same quarter last year. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS.

FedEx Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 22nd will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, June 22nd. FedEx’s dividend payout ratio (DPR) is presently 26.36%.

Insider Buying and Selling

In related news, EVP Tracy B. Brightman sold 16,959 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the sale, the executive vice president owned 11,052 shares of the company’s stock, valued at approximately $4,017,070.44. This represents a 60.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Gina F. Adams sold 20,450 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $366.45, for a total value of $7,493,902.50. Following the completion of the transaction, the executive vice president owned 19,403 shares of the company’s stock, valued at approximately $7,110,229.35. This represents a 51.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,146 shares of company stock valued at $19,235,438 in the last 90 days. Corporate insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on FDX shares. Deutsche Bank Aktiengesellschaft cut shares of FedEx from a “buy” rating to a “hold” rating in a report on Wednesday, May 27th. Sanford C. Bernstein set a $397.00 price objective on shares of FedEx in a research note on Wednesday, June 24th. Wolfe Research dropped their target price on shares of FedEx from $427.00 to $423.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. HSBC cut their target price on FedEx from $360.00 to $289.89 and set a “hold” rating on the stock in a research note on Monday, June 1st. Finally, Zacks Research downgraded FedEx from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Eighteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $349.60.

Read Our Latest Stock Report on FDX

FedEx Company 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.