Fulcrum Asset Management LLP Acquires 2,324 Shares of FedEx Corporation $FDX

Fulcrum Asset Management LLP lifted its holdings in FedEx Corporation (NYSE:FDX) by 49.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,028 shares of the shipping service provider’s stock after purchasing an additional 2,324 shares during the period. Fulcrum Asset Management LLP’s holdings in FedEx were worth $2,020,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in FedEx during the second quarter worth approximately $6,508,103,000. Primecap Management Co. CA bought a new position in shares of FedEx in the second quarter valued at $2,554,138,000. Dimensional Fund Advisors LP increased its holdings in shares of FedEx by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,630,669 shares of the shipping service provider’s stock valued at $936,688,000 after buying an additional 52,963 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of FedEx by 6.3% in the first quarter. Bank of New York Mellon Corp now owns 2,134,672 shares of the shipping service provider’s stock valued at $760,328,000 after buying an additional 125,950 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of FedEx during the 2nd quarter valued at $579,171,000. 84.47% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FDX shares. BNP Paribas Exane raised their price objective on FedEx from $269.80 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 30th. JPMorgan Chase & Co. boosted their target price on FedEx from $399.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, October 29th. Bank of America reduced their target price on FedEx from $378.00 to $359.00 and set a “buy” rating for the company in a report on Tuesday, October 27th. Raymond James Financial set a $162.00 price target on FedEx in a research report on Tuesday, November 3rd. Finally, Weiss Ratings cut FedEx from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $359.16.

Insiders Place Their Bets

In other news, EVP Gina F. Adams sold 3,014 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $317.06, for a total value of $955,618.84. Following the completion of the sale, the executive vice president directly owned 9,656 shares of the company’s stock, valued at approximately $3,061,531.36. This represents a 23.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Claude F. Russ sold 16,762 shares of the stock in a transaction that occurred on Tuesday, November 10th. The shares were sold at an average price of $316.11, for a total value of $5,298,635.82. Following the completion of the sale, the chief financial officer directly owned 4,387 shares of the company’s stock, valued at $1,386,774.57. This represents a 79.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 46,387 shares of company stock valued at $14,681,426 in the last three months. Company insiders own 0.65% of the company’s stock.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx raised its fiscal 2026 earnings guidance after reporting higher quarterly sales. Commentary also points to improving margins, strong cash flow and savings from its network overhaul as supports for earnings. What FedEx Stock’s Higher Earnings Outlook Means For Shareholders
• Neutral Sentiment: FedEx appointed Katherine M. Boyle, a general partner at Andreessen Horowitz, to its board and committees, including roles involving cyber oversight. The new director adds experience, though the appointment’s financial impact is not yet clear. Katherine M. Boyle Elected to FedEx Board
• Neutral Sentiment: Analyst commentary is divided on valuation: one view says cash-flow potential may leave shares below fair value, while another cautions that the valuation looks full and rising costs could limit upside. Is FedEx Stock a Buy as Margins Improve but Valuation Looks Full?
• Negative Sentiment: California’s privacy agency fined FedEx nearly $3 million over alleged privacy violations, including failing to honor opt-out requests through Global Privacy Control. The fine is modest relative to the company’s scale, but the allegations add regulatory and reputational risk. California Privacy Agency Fines FedEx Nearly $3M
• Negative Sentiment: CFO Claude Russ sold 16,762 shares, reducing his holdings by about 79%. Insider sales can occur for personal reasons and do not by themselves establish a negative business outlook, but the size of the reduction may draw investor attention. SEC Form 4 filing
• Negative Sentiment: FedEx named Jamere Jackson as CFO, effective immediately. His prior CFO experience is a plus, but a leadership transition brings some near-term execution uncertainty. Why Is FedEx Bringing In Jamere Jackson As CFO?

FedEx Price Performance

NYSE FDX opened at $319.56 on Wednesday. The stock’s 50-day moving average is $302.48 and its two-hundred day moving average is $337.47. FedEx Corporation has a fifty-two week low of $203.20 and a fifty-two week high of $345.36. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.29. The firm has a market cap of $74.84 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27.

FedEx (NYSE:FDX) last posted its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.40. FedEx had a net margin of 4.09% and a return on equity of 15.53%. The business had revenue of $22.93 billion for the quarter, compared to analyst estimates of $22.73 billion. During the same period last year, the business posted $3.83 EPS. FedEx’s revenue was up 12.3% compared to the same quarter last year. On average, analysts anticipate that FedEx Corporation will post 18.29 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. Shareholders of record on Monday, September 14th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, September 14th. FedEx’s payout ratio is currently 30.01%.

FedEx Company Profile

FedEx Corporation is a global transportation and logistics company that provides delivery, freight, and supply chain services to businesses and consumers. Its offerings include express and ground package delivery, freight transportation, customs clearance, and logistics solutions that help customers manage shipping and distribution. Founded by Frederick W. Smith in 1971, FedEx began operations in 1973. The company serves customers throughout the United States and in international markets, connecting businesses and consumers through its transportation and delivery networks.