FedEx Corporation $FDX Shares Sold by Arlington Trust Co LLC

Arlington Trust Co LLC decreased its holdings in shares of FedEx Corporation (NYSE:FDX) by 63.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 346 shares of the shipping service provider’s stock after selling 607 shares during the period. Arlington Trust Co LLC’s holdings in FedEx were worth $79,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abound Financial LLC acquired a new stake in shares of FedEx in the first quarter valued at about $38,000. Ameriflex Group Inc. acquired a new stake in FedEx in the 4th quarter worth about $43,000. WPG Advisers LLC purchased a new stake in FedEx during the 1st quarter worth approximately $43,000. Cary Street Partners Investment Advisory LLC raised its holdings in shares of FedEx by 60.7% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider’s stock valued at $46,000 after acquiring an additional 71 shares during the last quarter. Finally, SOA Wealth Advisors LLC. lifted its position in shares of FedEx by 60.6% in the first quarter. SOA Wealth Advisors LLC. now owns 249 shares of the shipping service provider’s stock valued at $61,000 after acquiring an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Price Performance

FDX stock opened at $226.20 on Tuesday. The business’s fifty day moving average price is $229.59 and its 200 day moving average price is $226.95. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $308.53. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $53.37 billion, a PE ratio of 13.40, a P/E/G ratio of 1.29 and a beta of 1.20.

FedEx (NYSE:FDX) last released its earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share for the quarter, beating the consensus estimate of $5.98 by $0.09. The company had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $21.86 billion. FedEx had a return on equity of 16.34% and a net margin of 4.65%.During the same period in the previous year, the company posted $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. On average, sell-side analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 8th will be paid a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, September 8th. FedEx’s dividend payout ratio is presently 34.36%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on FDX shares. BNP Paribas Exane raised FedEx from an “underperform” rating to an “outperform” rating and set a $270.00 price objective for the company in a research note on Thursday, July 3rd. Raymond James Financial reissued an “outperform” rating and issued a $260.00 price target (down from $275.00) on shares of FedEx in a research note on Wednesday, June 25th. Wells Fargo & Company upped their price objective on shares of FedEx from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 25th. Stifel Nicolaus set a $315.00 target price on shares of FedEx in a research note on Wednesday, June 25th. Finally, JPMorgan Chase & Co. dropped their price target on FedEx from $290.00 to $285.00 and set an “overweight” rating for the company in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $282.54.

Insider Buying and Selling

In other FedEx news, Director Marvin R. Ellison sold 3,610 shares of the stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total transaction of $855,353.40. Following the sale, the director directly owned 7,720 shares in the company, valued at $1,829,176.80. This represents a 31.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director R Brad Martin sold 2,123 shares of the business’s stock in a transaction on Monday, July 7th. The stock was sold at an average price of $241.75, for a total transaction of $513,235.25. Following the completion of the transaction, the director owned 8,935 shares of the company’s stock, valued at approximately $2,160,036.25. This trade represents a 19.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,343 shares of company stock valued at $2,228,816 in the last ninety days. Company insiders own 0.53% of the company’s stock.

About FedEx

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.