AMG National Trust Bank Acquires 7,949 Shares of FedEx Corporation $FDX

Key Points

• AMG National Trust Bank increased its stake in FedEx by 236.9% in Q4, buying 7,949 shares to hold 11,304 shares worth about $3.265 million.
• Wall Street is broadly bullish — multiple analysts raised price targets (up to $479) and the consensus is a "Moderate Buy" with an average target of $398.04, supported by FedEx's DRIVE cost-cutting program (targeting >$1 billion in additional savings), the planned FedEx Freight spin-off, and returning grounded MD-11s to service that could boost margins.
• Near-term risks include FedEx returning tariff refunds to customers (which may reduce previously recognized revenue and create cash-flow variability), fuel-cost exposure from geopolitical events, and notable insider selling (48,104 shares valued at ~$17.6M sold last quarter).

AMG National Trust Bank lifted its holdings in shares of FedEx Corporation (NYSE:FDX - Free Report) by 236.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,304 shares of the shipping service provider's stock after purchasing an additional 7,949 shares during the period. AMG National Trust Bank's holdings in FedEx were worth $3,265,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New York State Teachers Retirement System raised its stake in FedEx by 2.3% during the 3rd quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider's stock worth $48,831,000 after buying an additional 4,734 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in FedEx by 11.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider's stock worth $8,243,000 after buying an additional 3,514 shares during the period. D.A. Davidson & CO. raised its stake in FedEx by 10.6% during the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider's stock worth $11,419,000 after buying an additional 4,634 shares during the period. Savant Capital LLC raised its stake in FedEx by 32.5% during the 3rd quarter. Savant Capital LLC now owns 40,019 shares of the shipping service provider's stock worth $9,437,000 after buying an additional 9,806 shares during the period. Finally, Pacer Advisors Inc. raised its stake in FedEx by 34.9% during the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider's stock worth $5,679,000 after buying an additional 6,234 shares during the period. Institutional investors own 84.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Stifel Nicolaus increased their price objective on FedEx from $425.00 to $442.00 in a research note on Friday, April 10th. Barclays increased their price objective on FedEx from $360.00 to $450.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 10th. Raymond James Financial increased their price objective on FedEx from $305.00 to $410.00 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $479.00 price objective on shares of FedEx in a research note on Friday, February 13th. Finally, Stephens reissued an "overweight" rating and issued a $435.00 price objective on shares of FedEx in a research note on Tuesday, April 14th. Eighteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, FedEx presently has an average rating of "Moderate Buy" and an average target price of $398.04.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Management is accelerating cost cuts (DRIVE program) and targeting over $1 billion more in savings, while lifting its FY26 outlook — a direct margin tailwind that helps explain investor enthusiasm. FDX Aims to Trim Costs Amid Weak Demand: What Lies Ahead?
• Positive Sentiment: Analysts and outlets are bullish after FedEx’s turnaround execution (DRIVE) and the planned FedEx Freight spin-off (June 1), calling the stock a buy after strong recent gains — supportive for sentiment and multiple expansion. Why FedEx Is a Buy at These Levels With 84% One-Year Gains Behind It
• Positive Sentiment: FedEx plans to return grounded MD-11 aircraft to service in May, reducing reliance on leased capacity and cutting operating lease costs — a potential near-term margin benefit. FedEx Plans to Return Grounded MD-11s to Service in May
• Neutral Sentiment: Street-watch: analysts expect FedEx’s Q4 2026 EPS to slip modestly (single-digit decline) when it reports in June — sets a cautious near-term earnings bar to monitor. FedEx's Q4 2026 Earnings: What to Expect
• Neutral Sentiment: Corporate PR: FedEx awarded a Small Business Grant in Asia Pacific (brand/partnership news) — positive for strategic initiatives but unlikely to move near-term financials. Venti Technologies Wins 2026 FedEx Small Business Grant Contest
• Negative Sentiment: Regulatory hit: FedEx said it will return tariff refunds to customers as the U.S. government returns illegally collected levies — this could reduce previously recognized revenue/profit and creates some near-term cash flow variability. FedEx, UPS vow to return tariff refunds to customers
• Negative Sentiment: Sector risk: UPS warned that higher fuel costs from the Iran war could pressure demand and margins later this year — a reminder that fuel/geo-political shocks can raise costs across peers, including FedEx. UPS shares fall after warning of Iran war fuel spike risk

FedEx Price Performance

FedEx stock opened at $390.35 on Wednesday. FedEx Corporation has a one year low of $204.33 and a one year high of $399.67. The business has a fifty day moving average price of $370.45 and a 200-day moving average price of $317.88. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. The firm has a market capitalization of $93.14 billion, a P/E ratio of 20.77, a PEG ratio of 1.47 and a beta of 1.28.

FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, topping analysts' consensus estimates of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The firm had revenue of $24 billion during the quarter, compared to analyst estimates of $23.44 billion. During the same period last year, the company earned $4.51 earnings per share. The business's revenue for the quarter was up 8.3% on a year-over-year basis. As a group, equities research analysts forecast that FedEx Corporation will post 19.72 EPS for the current year.

FedEx Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were issued a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, March 9th. FedEx's dividend payout ratio is presently 30.87%.

Insider Transactions at FedEx

In other news, Director Susan C. Schwab sold 5,795 shares of the company's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $369.00, for a total value of $2,138,355.00. Following the completion of the transaction, the director directly owned 10,038 shares in the company, valued at approximately $3,704,022. This represents a 36.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kawal Preet sold 4,900 shares of FedEx stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the transaction, the executive vice president owned 10,953 shares in the company, valued at approximately $4,029,499.17. This represents a 30.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,104 shares of company stock valued at $17,599,006 over the last quarter. 0.53% of the stock is owned by company insiders.

FedEx Company Profile

FedEx Corporation NYSE: FDX is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx's core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

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