FedEx (NYSE:FDX) Upgraded to Moderate Buy at Dbs Bank

Key Points

• FedEx has been upgraded by Dbs Bank from a "hold" rating to a "moderate buy" rating, indicating a more favorable outlook from analysts.
• JPMorgan Chase & Co. increased their price target for FedEx from $260.00 to $290.00, while Wells Fargo lifted theirs from $220.00 to $235.00, reflecting confidence in the company's performance.
• FedEx reported a quarterly earnings per share of $6.07, surpassing analyst expectations, and has set a Q1 2026 guidance of 3.400-4.000 EPS.

FedEx (NYSE:FDX - Get Free Report) was upgraded by Dbs Bank from a "hold" rating to a "moderate buy" rating in a research note issued to investors on Thursday,Zacks.com reports.

Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. upped their target price on FedEx from $260.00 to $290.00 and gave the company an "overweight" rating in a report on Wednesday, June 25th. Wells Fargo & Company lifted their target price on shares of FedEx from $220.00 to $235.00 and gave the stock an "equal weight" rating in a research note on Wednesday, June 25th. Raymond James Financial reiterated an "outperform" rating and issued a $260.00 target price (down from $275.00) on shares of FedEx in a report on Wednesday, June 25th. Cowen reissued a "buy" rating on shares of FedEx in a research note on Wednesday, June 25th. Finally, TD Cowen cut their price target on shares of FedEx from $310.00 to $269.00 and set a "buy" rating for the company in a report on Wednesday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, FedEx currently has a consensus rating of "Moderate Buy" and an average target price of $283.13.

FedEx Stock Down 0.9%

Shares of FDX opened at $225.0750 on Thursday. The stock has a 50 day moving average price of $229.69 and a 200 day moving average price of $231.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.19. The stock has a market capitalization of $53.11 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 1.18 and a beta of 1.30. FedEx has a one year low of $194.29 and a one year high of $308.53.

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

Insiders Place Their Bets

In other FedEx news, Director Marvin R. Ellison sold 3,610 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total value of $855,353.40. Following the completion of the transaction, the director owned 7,720 shares of the company's stock, valued at $1,829,176.80. This trade represents a 31.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Paul S. Walsh sold 3,610 shares of the business's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total transaction of $860,226.90. Following the completion of the transaction, the director owned 15,513 shares of the company's stock, valued at approximately $3,696,592.77. This trade represents a 18.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,343 shares of company stock worth $2,228,816 in the last ninety days. 8.87% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC raised its holdings in shares of 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 valued at $850,948,000 after purchasing an additional 3,730,273 shares in the last quarter. Norges Bank purchased a new position in FedEx in the second quarter valued at $605,497,000. Nuveen LLC acquired a new stake in FedEx in the first quarter valued at $314,650,000. AQR Capital Management LLC lifted its holdings in 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 worth $230,862,000 after buying an additional 896,271 shares during the last quarter. Finally, ACR Alpine Capital Research LLC lifted its holdings in 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 worth $386,399,000 after buying an additional 732,266 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company's stock.

FedEx Company Profile

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.

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