Key Points
- Insider sale: EVP Kawal Preet sold 4,900 FDX shares on April 14 at an average $367.89 for $1,802,661, reducing her stake by 30.91% to 10,953 shares (valued at ~ $4.03M).
- FedEx recently beat expectations with $5.25 EPS (vs. $4.12 consensus) and $24B revenue, and paid a $1.45 quarterly dividend ($5.80 annual, ~1.6% yield).
- Analysts remain generally positive — an average price target of about $398 with more Buy than Hold ratings — even as CFO John Dietrich will step down June 1 and management reaffirms its FY26/FY29 outlook.
FedEx Corporation (NYSE:FDX - Get Free Report) EVP Kawal Preet sold 4,900 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total transaction of $1,802,661.00. Following the transaction, the executive vice president owned 10,953 shares in the company, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
FedEx Trading Down 0.5%
FDX stock opened at $370.19 on Wednesday. The company has a market capitalization of $88.33 billion, a PE ratio of 19.70, a price-to-earnings-growth ratio of 1.63 and a beta of 1.28. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47. FedEx Corporation has a one year low of $201.03 and a one year high of $392.86. The company's 50 day moving average price is $366.82 and its two-hundred day moving average price is $307.46.
FedEx (NYSE:FDX - Get Free Report) last released its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 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%. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the firm earned $4.51 EPS. As a group, analysts predict that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.
FedEx Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were paid a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 9th. FedEx's dividend payout ratio (DPR) is 30.87%.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. Royal Bank Of Canada cut FedEx to a "sector perform" rating in a report on Wednesday, December 17th. Truist Financial increased their price objective on FedEx from $400.00 to $425.00 and gave the company a "buy" rating in a research note on Friday, March 20th. JPMorgan Chase & Co. restated a "neutral" rating on shares of FedEx in a report on Thursday, April 9th. Argus lifted their target price on shares of FedEx from $350.00 to $400.00 and gave the stock a "buy" rating in a research note on Monday, April 6th. Finally, BNP Paribas Exane set a $280.00 price target on shares of FedEx and gave the company a "neutral" rating in a report on Tuesday, January 13th. Eighteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $398.04.
View Our Latest Analysis on FDX
FedEx News Summary
Here are the key news stories impacting FedEx this week:
- Positive Sentiment: Stephens reaffirmed an "overweight" rating and set a $435 price target, signaling continued analyst confidence in upside from current levels. Stephens Reaffirms Overweight, $435 PT
- Positive Sentiment: Another outlet reported a raised price target to $442, adding further upside pressure from analysts. Price Target Raised to $442
- Positive Sentiment: UBS said the CFO exit is "optically tough" but consistent with FedEx’s strategy and maintained a positive view — limiting the long-term negative read-through. UBS: Strategy Intact After CFO Exit
- Positive Sentiment: Reports note FedEx has reaffirmed its FY26 and FY29 financial outlook, which supports management’s guidance despite leadership changes. FedEx Reaffirms FY26 & FY29 Outlook
- Neutral Sentiment: Company press release: CFO John W. Dietrich will step down effective June 1 after the planned FedEx Freight spinoff; Claude Russ named interim CFO while a search is conducted. Press Release: CFO to Step Down
- Neutral Sentiment: Major news wires and financial outlets (Reuters) covered the CFO departure — broad market awareness could increase short-term volatility but the reports emphasize it follows the planned spinoff. Reuters: CFO Steps Down
- Neutral Sentiment: Sector action: consumer stocks were higher late afternoon, which may provide some market tailwinds for transportation names including FedEx. Sector Update: Consumer Stocks Rise
- Negative Sentiment: Insider sale: EVP Gina F. Adams sold 20,450 shares (~$7.49M at ~$366.45), reducing her stake by ~51%. Large insider selling can be interpreted negatively by investors. SEC Filing: Gina F. Adams Form 4
- Negative Sentiment: Insider sale: EVP Kawal Preet sold 4,900 shares (~$1.80M at ~$367.89), trimming ownership by ~31%, which adds to selling pressure concerns. SEC Filing: Kawal Preet Form 4
Hedge Funds Weigh In On FedEx
Several hedge funds have recently made changes to their positions in the business. Grey Fox Wealth Advisors LLC bought a new position in shares of FedEx during the third quarter valued at approximately $27,000. EFG International AG purchased a new position in FedEx during the 4th quarter valued at $27,000. Wealth Watch Advisors INC bought a new position in FedEx in the 3rd quarter worth $28,000. Ameriflex Group Inc. lifted its position in shares of FedEx by 103.3% in the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider's stock worth $29,000 after purchasing an additional 63 shares during the period. Finally, Ulland Investment Advisors LLC purchased a new stake in shares of FedEx in the 4th quarter worth about $29,000. 84.47% of the stock is owned by hedge funds and other institutional investors.
About FedEx
(
Get Free Report)
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.
Further Reading
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