Live Oak Investment Partners Acquires 3,467 Shares of FedEx Corporation $FDX

Live Oak Investment Partners raised its holdings in FedEx Corporation (NYSE:FDX) by 264.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,776 shares of the shipping service provider’s stock after acquiring an additional 3,467 shares during the period. Live Oak Investment Partners’ holdings in FedEx were worth $1,126,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of FDX. NewSquare Capital LLC lifted its position in shares of FedEx by 121.8% during the second quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock worth $28,000 after acquiring an additional 67 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of FedEx during the 2nd quarter valued at $28,000. City Holding Co. raised its stake in shares of FedEx by 167.0% during the 3rd quarter. City Holding Co. now owns 267 shares of the shipping service provider’s stock valued at $63,000 after purchasing an additional 167 shares during the period. Quent Capital LLC purchased a new stake in FedEx during the 3rd quarter worth about $71,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in FedEx in the 3rd quarter worth about $84,000. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

FedEx Stock Performance

NYSE:FDX opened at $313.12 on Friday. FedEx Corporation has a 1-year low of $194.29 and a 1-year high of $318.83. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The business has a 50 day moving average of $283.64 and a 200 day moving average of $251.39. The company has a market capitalization of $73.62 billion, a price-to-earnings ratio of 17.26, a PEG ratio of 1.57 and a beta of 1.35.

FedEx (NYSE:FDX) last posted its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, topping the consensus estimate of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The firm had revenue of $23.47 billion for the quarter, compared to the consensus estimate of $22.79 billion. During the same period last year, the firm posted $4.05 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, sell-side analysts predict that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Monday, December 15th were given a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, December 15th. FedEx’s dividend payout ratio is presently 31.97%.

Analyst Upgrades and Downgrades

FDX has been the topic of a number of recent analyst reports. Vertical Research lowered their price target on shares of FedEx from $280.00 to $275.00 in a report on Friday, September 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of FedEx in a research note on Monday, December 29th. Bank of America upgraded shares of FedEx from a “neutral” rating to a “buy” rating and set a $365.00 price target for the company in a research report on Friday, January 9th. Susquehanna decreased their price target on shares of FedEx from $345.00 to $340.00 in a report on Tuesday, December 23rd. Finally, Royal Bank Of Canada lowered FedEx to a “sector perform” rating in a research note on Wednesday, December 17th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $302.65.

FedEx Company Profile

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.