Key Points
- CFO Claude Russ sold 16,762 FedEx shares at an average price of $316.11, for about $5.3 million. The sale reduced his holdings by 79.26%, leaving him with 4,387 shares.
- FedEx beat quarterly earnings expectations, reporting EPS of $3.74 versus analysts’ $3.34 estimate, and revenue of $22.93 billion, up 12.3% year over year.
- Analysts’ consensus rating is “Moderate Buy”, with an average price target of $359.16.
FedEx Corporation (NYSE:FDX - Get Free Report) CFO Claude Russ sold 16,762 shares of the company's stock in a transaction that occurred on Tuesday, November 10th. The stock was 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 owned 4,387 shares in the company, valued at approximately $1,386,774.57. This represents a 79.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
FedEx Stock Performance
Shares of FDX stock opened at $319.56 on Wednesday. The stock has a fifty day moving average price of $302.48 and a 200 day moving average price of $337.47. The stock has a market cap of $74.84 billion, a PE ratio of 19.65, a P/E/G ratio of 1.28 and a beta of 1.27. FedEx Corporation has a 1 year low of $203.20 and a 1 year high of $345.36. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.29 and a current ratio of 1.33.
FedEx (NYSE:FDX - Get Free Report) last posted its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, topping analysts' consensus estimates of $3.34 by $0.40. The company had revenue of $22.93 billion for the quarter, compared to the consensus estimate of $22.73 billion. FedEx had a return on equity of 15.53% and a net margin of 4.09%. FedEx's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business earned $3.83 earnings per share. Sell-side analysts forecast that FedEx Corporation will post 18.29 earnings per share for the current fiscal year.
FedEx Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, September 14th. FedEx's payout ratio is 30.01%.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. Raymond James Financial set a $162.00 price objective on shares of FedEx in a research note on Tuesday, November 3rd. JPMorgan Chase & Co. raised their target price on shares of FedEx from $399.00 to $400.00 and gave the company an "overweight" rating in a report on Thursday, October 29th. Truist Financial cut their target price on shares of FedEx from $365.00 to $350.00 and set a "buy" rating for the company in a research report on Wednesday, October 7th. Wall Street Zen upgraded shares of FedEx to a "hold" rating in a research report on Saturday, August 8th. Finally, Bank of America reduced their price target on shares of FedEx from $378.00 to $359.00 and set a "buy" rating on the stock in a report on Tuesday, October 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $359.16.
Check Out Our Latest Stock Analysis on FedEx
Hedge Funds Weigh In On FedEx
Institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC raised its stake in FedEx by 62.8% in the 3rd quarter. Private Advisor Group LLC now owns 23,300 shares of the shipping service provider's stock valued at $6,643,000 after purchasing an additional 8,988 shares during the last quarter. Focus Advisor Solutions LLC lifted its holdings in FedEx by 29.7% in the 3rd quarter. Focus Advisor Solutions LLC now owns 14,723 shares of the shipping service provider's stock valued at $4,197,000 after purchasing an additional 3,369 shares in the last quarter. BHK Investment Advisors LLC boosted its stake in shares of FedEx by 3.9% during the 3rd quarter. BHK Investment Advisors LLC now owns 3,592 shares of the shipping service provider's stock worth $1,024,000 after purchasing an additional 135 shares during the last quarter. Boston Partners boosted its stake in shares of FedEx by 1.8% during the 3rd quarter. Boston Partners now owns 2,242,508 shares of the shipping service provider's stock worth $639,858,000 after purchasing an additional 38,800 shares during the last quarter. Finally, OneAscent Family Office LLC boosted its stake in shares of FedEx by 48.2% during the 3rd quarter. OneAscent Family Office LLC now owns 1,300 shares of the shipping service provider's stock worth $371,000 after purchasing an additional 423 shares during the last quarter. 84.47% of the stock is owned by institutional investors and hedge funds.
FedEx News Summary
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?
About FedEx
(
Get Free Report)
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.
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