Wealthfront Advisers LLC Raises Position in FedEx Corporation $FDX

Wealthfront Advisers LLC grew its holdings in shares of FedEx Corporation (NYSE:FDX) by 7.5% during the fourth quarter, HoldingsChannel reports. The firm owned 28,459 shares of the shipping service provider’s stock after purchasing an additional 1,995 shares during the quarter. Wealthfront Advisers LLC’s holdings in FedEx were worth $8,221,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FDX. Brighton Jones LLC lifted its stake in shares of FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after purchasing an additional 207 shares during the period. Empowered Funds LLC lifted its stake in shares of 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 purchasing an additional 4,548 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of FedEx during the 2nd quarter worth $586,000. Quantbot Technologies LP purchased a new position in shares of FedEx during the 2nd quarter worth $186,000. Finally, Jump Financial LLC purchased a new position in shares of FedEx during the 2nd quarter worth $456,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Management is accelerating cost savings under its DRIVE program, boosting the FY26 outlook and targeting over $1 billion in additional cuts — a clear margin-and-cash-flow positive that supports earnings expectations. FDX Aims to Trim Costs Amid Weak Demand
• Positive Sentiment: Analyst/style coverage highlights FedEx as a momentum stock, which can attract flows from momentum-focused funds and retail traders and help support the stock while execution remains steady. Here’s Why FedEx (FDX) is a Strong Momentum Stock
• Positive Sentiment: FedEx plans to return grounded MD-11 freighters to service in May, which should reduce reliance on leased aircraft and lower capacity costs — a structural improvement to operating leverage. FedEx Plans to Return Grounded MD-11s to Service in May
• Neutral Sentiment: Quarterly outlook/pre-earnings coverage is in the press; investors should watch the upcoming Q4 fiscal 2026 preview for volume trends and margin guidance. FedEx’s Q4 2026 Earnings: What to Expect
• Neutral Sentiment: Company PR emphasizes FedEx helping businesses adapt to shifting market conditions — supportive for brand and commercial relationships but unlikely to move the stock materially by itself. As Market Conditions Shift, FedEx Helps Businesses Keep Goods Moving
• Neutral Sentiment: Local franchise activity (PostalAnnex ownership change) and inclusion in bullish roundup pieces provide ancillary positive publicity but are unlikely to affect FedEx’s corporate fundamentals. New Ownership of PostalAnnex in Waxhaw, North Carolina
• Negative Sentiment: FedEx and UPS said they will return tariff refunds to customers as the U.S. government repays illegally collected levies — the refunds could total billions and reduce near-term cash receipts and reported revenues. FedEx, UPS vow to return tariff refunds to customers FedEx and UPS are pledging to give their tariff refunds back to consumers
• Negative Sentiment: UPS warned higher fuel costs from geopolitical events could spike late-year expenses and depress demand; similar industry fuel and demand risks apply to FedEx and can hurt margins if surcharges don’t fully cover cost increases or if volumes soften. UPS shares fall after warning of Iran war fuel spike risk

FedEx Trading Down 0.6%

FDX stock opened at $388.02 on Thursday. The company has a market cap of $92.58 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 1.47 and a beta of 1.28. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $370.54 and a 200-day simple moving average of $318.37. FedEx Corporation has a 52 week low of $204.33 and a 52 week high of $399.67.

FedEx (NYSE:FDX) last released its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. The business had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the firm posted $4.51 EPS. On average, equities research analysts expect that FedEx Corporation will post 19.72 EPS for the current year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were issued a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, March 9th. FedEx’s dividend payout ratio is presently 30.87%.

Insider Transactions at FedEx

In other news, EVP Tracy B. Brightman sold 16,959 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the completion of the sale, the executive vice president directly owned 11,052 shares in the company, valued at $4,017,070.44. This represents a 60.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Gina F. Adams sold 20,450 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $366.45, for a total value of $7,493,902.50. Following the sale, the executive vice president owned 19,403 shares of the company’s stock, valued at approximately $7,110,229.35. The trade was a 51.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 48,104 shares of company stock valued at $17,599,006. Corporate insiders own 0.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. UBS Group increased their price target on FedEx from $412.00 to $446.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. HSBC raised FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price target on the stock in a research note on Friday, March 20th. Jefferies Financial Group increased their price target on FedEx from $425.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Zacks Research lowered FedEx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of FedEx in a research note on Thursday, April 9th. Eighteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $398.04.

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.