9,598 FedEx Corporation $FDX Shares Acquired by Kestra Advisory Services LLC

Posted by Brian Himes on Nov 9th, 2026

Kestra Advisory Services LLC increased its holdings in shares of FedEx Corporation (NYSE:FDX – Free Report) by 20.6% during the third quarter, Holdings Channel reports. The fund owned 56,237 shares of the shipping service provider’s stock after purchasing an additional 9,598 shares during the period. Kestra Advisory Services LLC’s holdings in FedEx were worth $16,033,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in FedEx during the 2nd quarter valued at $6,508,103,000. Primecap Management Co. CA acquired a new position in FedEx in the second quarter worth $2,554,138,000. Dimensional Fund Advisors LP boosted its stake in FedEx by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,630,669 shares of the shipping service provider’s stock worth $936,688,000 after purchasing an additional 52,963 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of FedEx by 6.3% during the first quarter. Bank of New York Mellon Corp now owns 2,134,672 shares of the shipping service provider’s stock worth $760,328,000 after purchasing an additional 125,950 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of FedEx during the second quarter worth $579,171,000. 84.47% of the stock is currently owned by institutional investors.

Insider Transactions at FedEx

In other news, EVP Tracy Brightman sold 26,611 shares of the business’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $316.68, for a total transaction of $8,427,171.48. Following the transaction, the executive vice president directly owned 12,245 shares in the company, valued at $3,877,746.60. The trade was a 68.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Gina Adams sold 3,014 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $317.06, for a total transaction of $955,618.84. Following the completion of the sale, the executive vice president directly owned 9,656 shares in the company, valued at approximately $3,061,531.36. The trade was a 23.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FDX. Sanford C. Bernstein set a $377.00 target price on FedEx in a research note on Monday, October 26th. UBS Group restated a “hold” rating on shares of FedEx in a research report on Friday, October 30th. HSBC upgraded FedEx from a “hold” rating to a “buy” rating and set a $370.00 price target on the stock in a research report on Thursday, October 29th. Raymond James Financial set a $162.00 price objective on shares of FedEx in a research note on Tuesday, November 3rd. Finally, Truist Financial decreased their target price on FedEx from $365.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, FedEx currently has a consensus rating of “Moderate Buy” and a consensus price target of $359.16.

Check Out Our Latest Analysis on FedEx

FedEx Trading Down 0.1%

NYSE:FDX opened at $307.81 on Monday. FedEx Corporation has a twelve month low of $202.95 and a twelve month high of $345.36. The company has a quick ratio of 1.29, a current ratio of 1.33 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average price of $302.89 and a two-hundred day moving average price of $337.37. The company has a market cap of $72.09 billion, a P/E ratio of 18.93, a price-to-earnings-growth ratio of 1.24 and a beta of 1.27.

FedEx (NYSE:FDX – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.40. The company had revenue of $22.93 billion during the quarter, compared to analysts’ expectations of $22.73 billion. FedEx had a net margin of 4.09% and a return on equity of 15.53%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the business earned $3.83 EPS. As a group, analysts expect that FedEx Corporation will post 18.29 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $4.88 annualized dividend and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is currently 30.01%.

About FedEx

(Free Report)

FedEx Corporation is a global transportation and logistics company that provides delivery, freight, and supply chain services to businesses and consumers. Its offerings include express and ground package delivery, freight transportation, customs clearance, and logistics solutions that help customers manage shipping and distribution.

Founded by Frederick W. Smith in 1971, FedEx began operations in 1973. The company serves customers throughout the United States and in international markets, connecting businesses and consumers through its transportation and delivery networks.

FedEx is headquartered in Memphis, Tennessee.