Rep. Maria Elvira Salazar Sells Shares of FedEx Corporation (NYSE:FDX)

Key Points

• Rep. Maria Elvira Salazar sold FedEx shares valued between $1,001 and $15,000 on September 24, disclosed in an October 7 filing. She also sold similarly sized positions in several other companies, including Microsoft, Meta Platforms, Boeing, and Salesforce.
• FedEx shares opened at $291.62, with a market capitalization of approximately $69.02 billion. The company reported quarterly revenue of $23.26 billion and EPS of $5.88, while maintaining an annualized dividend of $4.88 per share, yielding about 1.7%.
• Analysts maintain a generally positive view, with FedEx holding a consensus “Moderate Buy” rating and an average price target of $354.64. Institutional investors and hedge funds own approximately 84.47% of the company’s outstanding shares.

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of FedEx Corporation NYSE: FDX. In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in FedEx stock on September 24th. The trade occurred in the Representative's "UBS IRA ACCOUNT" account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Citigroup NYSE: C on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 9/24/2026.
• Sold $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Honeywell International NASDAQ: HON on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 9/24/2026.
• Sold $1,001 - $15,000 in shares of RH NYSE: RH on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Boeing NYSE: BA on 9/24/2026.

FedEx Price Performance

Shares of FedEx stock opened at $291.62 on Friday. The stock has a market capitalization of $69.02 billion, a P/E ratio of 15.75, a PEG ratio of 1.54 and a beta of 1.28. The business has a 50 day simple moving average of $311.87 and a two-hundred day simple moving average of $336.60. FedEx Corporation has a 12 month low of $179.69 and a 12 month high of $345.36. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.48 and a quick ratio of 1.44.

FedEx (NYSE:FDX - Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%.The firm had revenue of $23.26 billion for the quarter. As a group, analysts predict that FedEx Corporation will post 17.52 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Monday, September 14th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.7%. FedEx's dividend payout ratio is presently 26.36%.

Hedge Funds Weigh In On FedEx

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Hollencrest Capital Management purchased a new position in FedEx in the first quarter valued at $25,000. Bayban acquired a new position in FedEx in the first quarter valued at approximately $26,000. Solstein Capital LLC purchased a new position in FedEx in the second quarter valued at approximately $27,000. C M Bidwell & Associates Ltd. acquired a new stake in FedEx during the second quarter worth approximately $31,000. Finally, Cedar Mountain Advisors LLC lifted its position in FedEx by 77.4% in the first quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider's stock valued at $33,000 after acquiring an additional 41 shares during the last quarter. 84.47% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FDX shares. Stephens raised shares of FedEx to a "strong-buy" rating in a research note on Wednesday, July 8th. Sanford C. Bernstein set a $397.00 price objective on shares of FedEx in a research note on Wednesday, June 24th. Weiss Ratings cut FedEx from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, September 2nd. TD Cowen dropped their price target on shares of FedEx from $426.00 to $354.00 in a research note on Wednesday, June 24th. Finally, BNP Paribas Exane upped their price target on FedEx from $269.80 to $300.00 and gave the company a "neutral" rating in a research note on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, FedEx has a consensus rating of "Moderate Buy" and a consensus target price of $354.64.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida's 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida's 27th Congressional District. She won in the general election on November 5, 2024. Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About FedEx

FedEx Corporation 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, and logistics services for businesses, government organizations and consumers.

The company's services include domestic and international parcel delivery, less-than-truckload freight transportation, supply chain management, customs and trade assistance, warehousing, fulfillment and other logistics solutions.

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