FedEx (NYSE:FDX) Price Target Lowered to $293.00 at UBS Group

Key Points

• UBS Group has lowered its price target for FedEx from $297.00 to $293.00, while maintaining a "buy" rating, indicating a potential upside of 28.13% from the current price.
• Multiple analysts have recently updated their ratings on FedEx, with BNP Paribas Exane upgrading to "outperform" at a $270.00 price target, while analysts' consensus provides an average target price of $282.96.
• FedEx reported earnings of $6.07 per share in its last quarter, surpassing expectations, and set guidance for Q1 2026 EPS at 3.400-4.000, reflecting a positive outlook despite recent stock fluctuations.

FedEx (NYSE:FDX - Free Report) had its price target lowered by UBS Group from $297.00 to $293.00 in a research note issued to investors on Thursday morning,Benzinga reports. The firm currently has a buy rating on the shipping service provider's stock.

Other research analysts also recently issued research reports about the stock. Sanford C. Bernstein cut their price target on shares of FedEx from $282.00 to $249.00 and set a "market perform" rating on the stock in a report on Friday, June 13th. Barclays restated an "overweight" rating and set a $320.00 price target (down previously from $330.00) on shares of FedEx in a report on Wednesday, June 25th. Wells Fargo & Company raised their price target on shares of FedEx from $220.00 to $235.00 and gave the company an "equal weight" rating in a report on Wednesday, June 25th. BMO Capital Markets cut their price target on shares of FedEx from $275.00 to $260.00 and set a "market perform" rating on the stock in a report on Monday, May 19th. Finally, Dbs Bank upgraded shares of FedEx from a "hold" rating to a "moderate buy" rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $282.96.

FedEx Stock Down 0.1%

FDX stock traded down $0.31 during midday trading on Thursday, reaching $230.96. The company had a trading volume of 1,485,470 shares, compared to its average volume of 1,666,445. FedEx has a 1 year low of $194.29 and a 1 year high of $308.53. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $54.49 billion, a P/E ratio of 13.68, a PEG ratio of 1.20 and a beta of 1.20. The company has a 50 day moving average of $230.69 and a two-hundred day moving average of $229.65.

FedEx (NYSE:FDX - Get Free Report) last released its earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.98 by $0.09. FedEx had a net margin of 4.65% and a return on equity of 16.34%. The company had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $21.86 billion. During the same quarter in the prior year, the firm earned $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. On average, equities research analysts expect that FedEx will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 8th will be paid a $1.45 dividend. The ex-dividend date is Monday, September 8th. This represents a $5.80 dividend on an annualized basis and a yield of 2.5%. FedEx's dividend payout ratio (DPR) is presently 34.36%.

Insider Activity at FedEx

In other FedEx news, Director R Brad Martin sold 2,123 shares of the firm's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $241.75, for a total value of $513,235.25. Following the sale, the director directly owned 8,935 shares in the company, valued at $2,160,036.25. This trade represents a 19.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Marvin R. Ellison sold 3,610 shares of the firm's stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $236.94, for a total transaction of $855,353.40. Following the completion of the sale, the director owned 7,720 shares in the company, valued at $1,829,176.80. This represents a 31.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,343 shares of company stock worth $2,228,816. 0.53% of the stock is owned by insiders.

Institutional Trading of FedEx

Several hedge funds and other institutional investors have recently bought and sold shares of FDX. Valeo Financial Advisors LLC grew its position in FedEx by 28,080.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,743,557 shares of the shipping service provider's stock worth $850,948,000 after purchasing an additional 3,730,273 shares during the last quarter. Norges Bank acquired a new stake in FedEx in the 2nd quarter worth $605,497,000. Nuveen LLC acquired a new stake in FedEx in the 1st quarter worth $314,650,000. AQR Capital Management LLC boosted its position in shares of FedEx by 750.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,015,627 shares of the shipping service provider's stock valued at $230,862,000 after acquiring an additional 896,271 shares in the last quarter. Finally, ACR Alpine Capital Research LLC boosted its position in shares of FedEx by 85.9% during the 1st quarter. ACR Alpine Capital Research LLC now owns 1,585,033 shares of the shipping service provider's stock valued at $386,399,000 after acquiring an additional 732,266 shares in the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

About FedEx

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.