SG Americas Securities LLC Sells 44,502 Shares of FedEx Corporation $FDX

SG Americas Securities LLC trimmed its holdings in FedEx Corporation (NYSE:FDX) by 28.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 110,061 shares of the shipping service provider’s stock after selling 44,502 shares during the quarter. SG Americas Securities LLC’s holdings in FedEx were worth $31,792,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FDX. Assenagon Asset Management S.A. lifted its position in shares of FedEx by 15.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 13,211 shares of the shipping service provider’s stock worth $3,816,000 after purchasing an additional 1,785 shares during the last quarter. Diversified Trust Co. increased its stake in FedEx by 27.4% in the 4th quarter. Diversified Trust Co. now owns 9,968 shares of the shipping service provider’s stock worth $2,879,000 after buying an additional 2,146 shares during the period. Breakwater Capital Group lifted its holdings in FedEx by 8.1% during the 4th quarter. Breakwater Capital Group now owns 1,006 shares of the shipping service provider’s stock valued at $291,000 after buying an additional 75 shares in the last quarter. Fulton Bank N.A. boosted its position in FedEx by 1.3% in the 4th quarter. Fulton Bank N.A. now owns 6,003 shares of the shipping service provider’s stock valued at $1,734,000 after buying an additional 77 shares during the period. Finally, Ulland Investment Advisors LLC bought a new position in FedEx in the 4th quarter worth about $29,000. 84.47% of the stock is owned by institutional investors.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Amazon expands free returns to 10,000+ U.S. drop‑off points, increasing potential package volume and utilization at FedEx drop‑off locations. Amazon Teams With FedEx to Expand Free Returns Program
• Positive Sentiment: More than 1,500 FedEx Office locations now accept box‑free Amazon returns, which should help drive foot traffic and incremental volume/fee revenue for FedEx’s retail network. Amazon and FedEx, together again, this time for e-commerce returns
• Positive Sentiment: Market and analyst sentiment is improving: FedEx is among the most‑upgraded names this year and the proposed freight/package split is being framed as a value‑unlock that could improve multiples and capital returns. (Analyst upgrades/price targets cited by MarketBeat.)
• Neutral Sentiment: FedEx launched FedEx SameDay Local via a OneRail partnership, offering 2‑hour or end‑of‑day options — a strategic product expansion that could grow revenue but whose profitability and pricing will depend on retailer adoption and cost control. FedEx launches same-day delivery service amid US delivery race
• Negative Sentiment: Same‑day expansion also highlights competitive pressure from Amazon, Walmart and UPS; investors worry about margin dilution and rising last‑mile costs if pricing or scale aren’t managed. Coverage notes the race to speed up deliveries could compress yields. FedEx launches same-day delivery with OneRail as Amazon, Walmart boost their speeds
• Negative Sentiment: Despite recent beats and market‑share gains, some analysts remain cautious (a mix of Holds and at least one Underweight) and commentary notes FDX has lagged at times — leaving room for profit‑taking after the stock’s strong run. FedEx Stock (FDX) Lags as Logistics Giant Joins the Same-Day Delivery Race

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on FDX shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $457.00 price target on shares of FedEx in a research note on Friday, March 6th. HSBC raised FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective on the stock in a research note on Friday, March 20th. Oppenheimer restated a “market perform” rating on shares of FedEx in a report on Friday, December 19th. Stephens upped their target price on FedEx from $405.00 to $435.00 and gave the stock an “overweight” rating in a report on Friday, March 20th. Finally, JPMorgan Chase & Co. increased their price target on FedEx from $424.00 to $432.00 and gave the stock a “neutral” rating in a research report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $393.85.

FedEx Price Performance

Shares of FDX opened at $357.69 on Thursday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47. The company has a 50 day moving average price of $353.97 and a 200-day moving average price of $294.05. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $392.86. The stock has a market capitalization of $85.35 billion, a PE ratio of 19.04, a PEG ratio of 1.58 and a beta of 1.29.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $1.13. The company had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. FedEx’s revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company posted $4.51 earnings per share. Equities analysts predict that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th will be issued a $1.45 dividend. The ex-dividend date is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is currently 30.87%.

About FedEx

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.