FedEx Corporation $FDX Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Raises Stake

VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in FedEx Corporation (NYSE:FDX) by 9.2% during the third quarter, HoldingsChannel.com reports. The firm owned 156,750 shares of the shipping service provider’s stock after purchasing an additional 13,200 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in FedEx were worth $44,688,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FDX. Soltis Investment Advisors LLC boosted its holdings in FedEx by 26.8% during the 3rd quarter. Soltis Investment Advisors LLC now owns 3,199 shares of the shipping service provider’s stock valued at $912,000 after acquiring an additional 676 shares during the period. Founders Financial Securities LLC increased its stake in FedEx by 27.4% in the third quarter. Founders Financial Securities LLC now owns 1,251 shares of the shipping service provider’s stock worth $357,000 after purchasing an additional 269 shares during the period. United Asset Strategies Inc. lifted its position in shares of FedEx by 5.0% during the third quarter. United Asset Strategies Inc. now owns 967 shares of the shipping service provider’s stock worth $276,000 after purchasing an additional 46 shares during the last quarter. Choreo LLC lifted its position in shares of FedEx by 1.8% during the third quarter. Choreo LLC now owns 13,700 shares of the shipping service provider’s stock worth $3,923,000 after purchasing an additional 244 shares during the last quarter. Finally, Livelsberger Financial Advisory purchased a new stake in shares of FedEx during the third quarter valued at $179,000. 84.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at FedEx

In other news, EVP Tracy Brightman sold 26,611 shares of the stock in a transaction that occurred on 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 approximately $3,877,746.60. This trade represents a 68.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.65% of the company’s stock.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx raised its fiscal 2026 guidance to adjusted EPS of $18.00–$18.60, above the $17.85 consensus estimate, and forecast revenue of approximately $98.4 billion versus expectations of $91.6 billion. FedEx raises 2026 earnings outlook as quarterly revenue jumps
• Positive Sentiment: Fiscal third-quarter adjusted EPS of $3.74 exceeded the $3.34 analyst consensus, while revenue reached about $22.9 billion, helped by higher package yields, volume growth and cost savings. Management also authorized roughly $2 billion in share repurchases during the quarter. FedEx Q3 earnings top estimates
• Positive Sentiment: Analyst sentiment improved: JPMorgan raised its price target to $400 while maintaining an overweight rating, and HSBC upgraded FedEx to Buy with a $370 target. Investors are also watching increased air-freight demand from data-center and other high-value customers. JPMorgan FedEx rating
• Neutral Sentiment: FedEx Freight reported improving adjusted revenue, operating income and margins in its first standalone results, and raised its outlook. However, continued soft shipment volumes mean future gains depend heavily on maintaining pricing discipline. FedEx Freight pricing outlook
• Negative Sentiment: Investors remain concerned about weaker GAAP operating margins, rising fuel and transportation costs, and a $1.2 billion loss tied to FedEx’s Freight investment. The holiday-quarter outlook was viewed as relatively soft, while domestic margin pressure and uncertain volumes could limit upside.
• Negative Sentiment: Executive Vice President Tracy Brightman sold 26,611 FedEx shares for approximately $8.4 million, reducing her holdings by about 68%. Insider sales do not necessarily indicate a change in fundamentals, but the transaction may temper sentiment at the margin. SEC insider transaction filing

Wall Street Analysts Forecast Growth

FDX has been the topic of a number of research analyst reports. Bank of America cut their price target on shares of FedEx from $378.00 to $359.00 and set a “buy” rating on the stock in a report on Tuesday. Weiss Ratings lowered shares of FedEx from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. Wall Street Zen raised shares of FedEx to a “hold” rating in a research report on Saturday, August 8th. Citizens Jmp started coverage on shares of FedEx in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price on the stock. Finally, HSBC raised shares of FedEx from a “hold” rating to a “buy” rating and set a $370.00 target price on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, FedEx presently has a consensus rating of “Moderate Buy” and an average price target of $365.84.

FedEx Price Performance

FDX opened at $313.45 on Friday. The company has a market capitalization of $73.41 billion, a price-to-earnings ratio of 19.28, a PEG ratio of 1.24 and a beta of 1.28. The company has a current ratio of 1.33, a quick ratio of 1.44 and a debt-to-equity ratio of 0.50. FedEx Corporation has a 12-month low of $198.00 and a 12-month high of $345.36. The business’s fifty day simple moving average is $304.30 and its 200-day simple moving average is $337.14.

FedEx (NYSE:FDX) last released its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.40. FedEx had a return on equity of 15.53% and a net margin of 4.09%. The firm had revenue of $22.93 billion during the quarter, compared to the consensus estimate of $22.73 billion. During the same period in the previous year, the company posted $3.83 earnings per share. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. On average, equities research analysts anticipate that FedEx Corporation will post 18.27 earnings per share for the current fiscal year.

FedEx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, September 14th. FedEx’s dividend payout ratio is presently 30.01%.

FedEx Profile

FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.