Key Points
- FedEx EVP Tracy Brightman sold 26,611 shares for approximately $8.4 million, reducing her holdings by 68.49% to 12,245 shares.
- FedEx exceeded quarterly expectations with adjusted EPS of $3.74 versus the $3.34 consensus and revenue of $22.93 billion, up 12.3% year over year.
- The company pays a quarterly dividend of $1.22, equivalent to a 1.6% yield, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $365.84.
FedEx Corporation (NYSE:FDX - Get Free Report) EVP Tracy Brightman sold 26,611 shares of the company's stock in a transaction on Friday, October 30th. The stock was sold at an average price of $316.68, for a total transaction of $8,427,171.48. Following the transaction, the executive vice president owned 12,245 shares of the company's stock, valued at approximately $3,877,746.60. The trade was a 68.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
FedEx Trading Up 1.8%
Shares of FedEx stock opened at $313.45 on Friday. FedEx Corporation has a 52-week low of $198.00 and a 52-week high of $345.36. The company has a quick ratio of 1.44, a current ratio of 1.33 and a debt-to-equity ratio of 0.50. The company's 50-day simple moving average is $304.30 and its 200-day simple moving average is $337.14. The firm has a market cap of $73.41 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 1.24 and a beta of 1.28.
FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.34 by $0.40. FedEx had a net margin of 4.09% and a return on equity of 15.53%. The firm had revenue of $22.93 billion during the quarter, compared to analysts' expectations of $22.73 billion. During the same period in the prior year, the company posted $3.83 earnings per share. The firm's revenue for the quarter was up 12.3% on a year-over-year basis. As a group, equities research analysts anticipate that FedEx Corporation will post 18.27 earnings per share for the current year.
FedEx Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were paid a $1.22 dividend. The ex-dividend date was Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.6%. FedEx's payout ratio is 30.01%.
Key FedEx News
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
Institutional Trading of FedEx
Several institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in FedEx in the 2nd quarter valued at approximately $6,508,103,000. Primecap Management Co. CA purchased a new position in FedEx during the second quarter worth $2,554,138,000. Dimensional Fund Advisors LP raised 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 worth $936,688,000 after acquiring an additional 52,963 shares during the last quarter. Bank of New York Mellon Corp raised 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 worth $760,328,000 after acquiring an additional 125,950 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of FedEx in the second quarter valued at $579,171,000. Hedge funds and other institutional investors own 84.47% of the company's stock.
Analysts Set New Price Targets
A number of research firms have commented on FDX. Stephens raised FedEx to a "strong-buy" rating in a report on Wednesday, July 8th. Sanford C. Bernstein set a $377.00 price target on shares of FedEx in a research note on Monday. Citigroup reiterated a "cautious" rating on shares of FedEx in a report on Wednesday, October 7th. Truist Financial decreased their price objective on shares of FedEx from $365.00 to $350.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th. Finally, Wall Street Zen raised shares of FedEx to a "hold" rating in a report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, FedEx currently has an average rating of "Moderate Buy" and a consensus price target of $365.84.
Check Out Our Latest Research Report on FedEx
FedEx Company Profile
(
Get Free Report)
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.
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