3,750 Shares in FedEx Corporation $FDX Purchased by Ransom Advisory Ltd

Key Points

• Ransom Advisory Ltd purchased 3,750 shares of FedEx Corporation, valued at approximately $914,000, in the first quarter, highlighting institutional interest in the company's stock.
• FedEx recently declared a quarterly dividend of $1.45 per share, marking an annualized payout of $5.80 and a dividend yield of 2.6%.
• Analysts have varied ratings on FedEx, with one Strong Buy, eighteen Buy, nine Hold, and two Sell ratings, reflecting a consensus of "Moderate Buy" and an average target price of $282.75.

Ransom Advisory Ltd purchased a new position in FedEx Corporation (NYSE:FDX - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,750 shares of the shipping service provider's stock, valued at approximately $914,000.

Other institutional investors have also modified their holdings of the company. Abound Financial LLC bought a new stake in FedEx in the first quarter valued at about $38,000. Ameriflex Group Inc. bought a new stake in FedEx in the fourth quarter valued at about $43,000. WPG Advisers LLC bought a new stake in FedEx in the first quarter valued at about $43,000. Cary Street Partners Investment Advisory LLC increased its holdings in FedEx by 60.7% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider's stock valued at $46,000 after buying an additional 71 shares during the last quarter. Finally, SOA Wealth Advisors LLC. increased its holdings in FedEx by 60.6% in the first quarter. SOA Wealth Advisors LLC. now owns 249 shares of the shipping service provider's stock valued at $61,000 after buying an additional 94 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Sanford C. Bernstein lowered their target price on FedEx from $282.00 to $249.00 and set a "market perform" rating for the company in a report on Friday, June 13th. BNP Paribas Exane raised FedEx from an "underperform" rating to an "outperform" rating and set a $270.00 target price for the company in a report on Thursday, July 3rd. Wells Fargo & Company upped their target price on 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 decreased their price objective on FedEx from $275.00 to $260.00 and set a "market perform" rating for the company in a report on Monday, May 19th. Finally, Susquehanna increased their price objective on FedEx from $290.00 to $295.00 and gave the stock a "positive" rating in a report on Wednesday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $282.75.

FedEx Trading Up 0.4%

FedEx stock opened at $225.83 on Wednesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.19 and a quick ratio of 1.15. The company has a market capitalization of $53.28 billion, a price-to-earnings ratio of 13.38, a PEG ratio of 1.18 and a beta of 1.20. FedEx Corporation has a one year low of $194.29 and a one year high of $308.53. The company's fifty day moving average price is $230.50 and its two-hundred day moving average price is $227.99.

FedEx (NYSE:FDX - Get Free Report) last posted its earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 EPS for the quarter, topping the consensus estimate of $5.98 by $0.09. The firm had revenue of $22.20 billion for the quarter, compared to the consensus estimate 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 prior year, the business posted $5.41 earnings per share. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. On average, analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th will be issued a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, September 8th. FedEx's dividend payout ratio is 34.36%.

Insider Buying and Selling at FedEx

In related news, Director Marvin R. Ellison sold 3,610 shares of the stock in a transaction dated 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 sale, the director owned 7,720 shares in the company, valued at approximately $1,829,176.80. This trade represents a 31.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul S. Walsh sold 3,610 shares of the stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $238.29, for a total transaction of $860,226.90. Following the completion of the sale, the director owned 15,513 shares of the company's stock, valued at approximately $3,696,592.77. The trade was a 18.88% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,343 shares of company stock worth $2,228,816 over the last ninety days. Company insiders own 0.53% of the company's stock.

FedEx 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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