Strs Ohio Buys 72,901 Shares of FedEx Corporation $FDX

Strs Ohio grew its position in FedEx Corporation (NYSE:FDX) by 43.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 241,023 shares of the shipping service provider’s stock after purchasing an additional 72,901 shares during the period. Strs Ohio owned about 0.10% of FedEx worth $56,836,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in FedEx by 12.8% during the fourth quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after buying an additional 207 shares during the last quarter. Empowered Funds LLC grew its position in FedEx by 78.9% during the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after acquiring an additional 4,548 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in FedEx during the 2nd quarter valued at $586,000. U.S. Capital Wealth Advisors LLC raised its position in FedEx by 2.8% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 3,442 shares of the shipping service provider’s stock valued at $782,000 after purchasing an additional 94 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in FedEx by 39.5% in the 2nd quarter. GAMMA Investing LLC now owns 3,121 shares of the shipping service provider’s stock valued at $709,000 after purchasing an additional 883 shares during the last quarter. Institutional investors own 84.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on FDX shares. JPMorgan Chase & Co. restated a “neutral” rating on shares of FedEx in a research note on Tuesday. Stifel Nicolaus set a $328.00 price objective on shares of FedEx in a research report on Friday, December 19th. Rothschild Redb downgraded shares of FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Truist Financial increased their price target on shares of FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Finally, Wall Street Zen upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, FedEx presently has a consensus rating of “Hold” and an average price target of $303.86.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Argus raised its stance on FedEx and lifted its price target to $350, calling the stock a buy — this fresh bullish research gives upside and supports current momentum. Argus adjusts price target on FedEx to $350
• Positive Sentiment: High‑profile endorsement: Jim Cramer and other media coverage are highlighting CEO Raj Subramaniam’s execution and the strategic case for a FedEx Freight spin‑off, which can boost investor confidence in management’s plan. Jim Cramer on FedEx Freight Spin-Off Plans
• Positive Sentiment: Bank of America lists FedEx as a top pick ahead of the spin‑off thesis change, signaling institutional support for the strategic shift. FedEx is a top pick at BofA
• Positive Sentiment: Industry-level tailwinds: Zacks highlights the air‑freight & cargo group as improving (cost cuts, shareholder‑friendly moves), listing FedEx among firms positioned to benefit if demand and margins remain firm. 3 Air-Freight & Cargo Stocks to Monitor
• Negative Sentiment: Rothschild & Co downgraded FedEx, saying recent rally has largely priced in the benefits of the LTL/spin‑off — this reduces the magnitude of future upside and increases sensitivity to execution risk. Rothschild downgrades FedEx
• Negative Sentiment: Rothschild/Redburn cut its rating to neutral and set a $271 price target, signaling downside risk versus current levels if the market re‑rates the spin‑off or execution falters. Rothschild & Co Redburn downgrades FedEx

FedEx Trading Up 0.8%

Shares of NYSE FDX opened at $309.44 on Friday. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $318.83. The firm has a market capitalization of $72.76 billion, a P/E ratio of 17.06, a P/E/G ratio of 1.54 and a beta of 1.35. 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 company’s 50 day simple moving average is $287.89 and its 200 day simple moving average is $253.83.

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

FedEx Dividend Announcement

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

FedEx 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.