Evolve Private Wealth LLC Acquires Shares of 6,823 FedEx Corporation $FDX

Posted by George Bondi on Aug 23rd, 2026

Evolve Private Wealth LLC bought a new position in FedEx Corporation (NYSE:FDX – Free Report) during the second quarter, HoldingsChannel.com reports. The fund bought 6,823 shares of the shipping service provider’s stock, valued at approximately $2,145,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Hollencrest Capital Management bought a new position in shares of FedEx in the first quarter worth about $25,000. Bayban bought a new stake in FedEx during the 1st quarter valued at about $26,000. EFG International AG bought a new stake in FedEx during the 4th quarter valued at about $27,000. Wealth Watch Advisors INC purchased a new stake in FedEx in the 3rd quarter valued at about $28,000. Finally, Tucker Asset Management LLC purchased a new stake in FedEx in the 4th quarter valued at about $29,000. 84.47% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Paul S. Walsh sold 5,042 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the completion of the transaction, the director directly owned 16,359 shares of the company’s stock, valued at approximately $5,309,477.04. The trade was a 23.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of research reports. Weiss Ratings raised shares of FedEx from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Stephens upgraded FedEx to a “strong-buy” rating in a report on Wednesday, July 8th. Stifel Nicolaus dropped their price objective on FedEx from $442.00 to $326.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Sanford C. Bernstein set a $397.00 price objective on FedEx in a report on Wednesday, June 24th. Finally, Rothschild & Co Redburn decreased their target price on FedEx from $375.00 to $344.00 and set a “neutral” rating for the company in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $350.54.

View Our Latest Analysis on FDX

FedEx Trading Down 0.3%

NYSE:FDX opened at $325.03 on Friday. The firm has a 50-day simple moving average of $319.03 and a 200-day simple moving average of $351.53. FedEx Corporation has a one year low of $177.05 and a one year high of $345.36. The firm has a market cap of $76.92 billion, a P/E ratio of 17.56, a P/E/G ratio of 1.67 and a beta of 1.30. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48.

FedEx (NYSE:FDX – Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. The firm had revenue of $23.26 billion for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. Equities analysts anticipate that FedEx Corporation will post 17.6 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, September 14th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, September 14th. FedEx’s dividend payout ratio (DPR) is 26.36%.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend
Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications
Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock?
Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs
Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M
Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities

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.