CIBC Bancorp USA Inc. Purchases Shares of 399,322 FedEx Corporation $FDX

CIBC Bancorp USA Inc. acquired a new position in shares of FedEx Corporation (NYSE:FDX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 399,322 shares of the shipping service provider’s stock, valued at approximately $94,164,000. CIBC Bancorp USA Inc. owned 0.17% of FedEx at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. New York State Teachers Retirement System lifted its holdings in FedEx by 2.3% during the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider’s stock worth $48,831,000 after buying an additional 4,734 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of FedEx by 10.6% in the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider’s stock valued at $11,419,000 after acquiring an additional 4,634 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of FedEx by 11.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider’s stock worth $8,243,000 after acquiring an additional 3,514 shares in the last quarter. Savant Capital LLC lifted its stake in FedEx by 32.5% during the third quarter. Savant Capital LLC now owns 40,019 shares of the shipping service provider’s stock worth $9,437,000 after purchasing an additional 9,806 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in FedEx by 34.9% during the third quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider’s stock worth $5,679,000 after purchasing an additional 6,234 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

FedEx Stock Performance

NYSE:FDX opened at $354.53 on Wednesday. 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 firm has a market cap of $83.36 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 1.67 and a beta of 1.29. The firm’s fifty day moving average price is $348.53 and its 200 day moving average price is $289.06. FedEx Corporation has a 1-year low of $194.29 and a 1-year high of $392.86.

FedEx (NYSE:FDX) last announced its quarterly earnings data 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 company had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. FedEx’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.05 EPS. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, sell-side analysts expect that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be given a $1.45 dividend. The ex-dividend date is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. FedEx’s dividend payout ratio (DPR) is presently 31.97%.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Analysts have nudged FedEx higher: a recent published note raised the price target to $369 and the consensus broker rating sits at a “Moderate Buy,” which supports upside expectations into the print. FedEx (NYSE:FDX) Price Target Raised to $369.00
• Positive Sentiment: Street commentary highlights structural margin improvements from DRIVE cost cuts, AI-led efficiencies and January rate hikes — analysts are raising estimates heading into Q3, which supports the stock. FedEx to Report Q3 Earnings: Should You Buy, Sell or Hold the Stock?
• Positive Sentiment: Short-term macro tailwind: cooler oil prices have lifted U.S. futures, easing one major operating-cost concern for FedEx (fuel is a key volatile input). If oil remains softer into the quarter, margin pressure may be lessened. U.S. Stock Futures in Green on Cooler Oil Prices
• Neutral Sentiment: Operational/ESG product news: FedEx partnered with Returnity to pilot reusable B2B boxes — a longer-term efficiency/brand play but unlikely to move the stock near-term. FedEx partners with Returnity to introduce reusable boxes for B2B shipping
• Neutral Sentiment: Technical analysts are mixed: some charts call for a rebound toward the year-to-date high (~$391), which can attract momentum traders but is speculative ahead of the earnings print. FedEx Stock Price Analysis Ahead Of Earnings: Buy Or Sell?
• Negative Sentiment: Near-term headline risk: multiple outlets warn that rising oil tied to Middle East tensions could lift fuel costs and squeeze margins — this is the primary risk investors will watch at the Q3 release. All Eyes on Oil! FedEx (FDX) to Report Q3 Earnings amid Middle East Shipping Risks
• Negative Sentiment: Competitive pressure: reports show Amazon has become the largest U.S. parcel carrier by volume, eroding share from incumbents (FedEx/USPS/UPS) — a structural competitive headwind for pricing and growth. Amazon overtakes USPS as top delivery provider by volume: report
• Negative Sentiment: Retail investor skepticism: Reddit threads show rising bearishness around the planned freight spin-off, which could increase short interest and volatility into the split. FedEx Is Up ~22% This Year but Reddit Traders Are Betting Against the Freight Spin-Off

Analysts Set New Price Targets

Several equities analysts have commented on FDX shares. UBS Group increased their price target on shares of FedEx from $314.00 to $412.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Weiss Ratings restated a “buy (b-)” rating on shares of FedEx in a research report on Monday, December 29th. Jefferies Financial Group increased their target price on shares of FedEx from $425.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. HSBC lowered shares of FedEx from a “hold” rating to a “reduce” rating and set a $335.00 price target on the stock. in a research note on Wednesday, February 25th. Finally, Stifel Nicolaus set a $412.00 price target on shares of FedEx in a research report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $371.19.

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.