FedEx Corporation $FDX Stake Increased by Aptus Capital Advisors LLC

Key Points

• Aptus Capital Advisors LLC increased its stake in FedEx Corporation by 37.5% in Q1, bringing its total holdings to approximately $3.07 million.
• Insiders sold a total of 9,343 shares of FedEx stock valued at over $2.2 million in the past ninety days, indicating potential concerns among directors.
• Several brokerages have issued mixed ratings for FedEx, with target prices ranging from $260 to $300, reflecting differing outlooks on the company's performance.

Aptus Capital Advisors LLC increased its position in shares of FedEx Corporation (NYSE:FDX - Free Report) by 37.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,579 shares of the shipping service provider's stock after buying an additional 3,430 shares during the quarter. Aptus Capital Advisors LLC's holdings in FedEx were worth $3,066,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Aaron Wealth Advisors LLC raised its position in shares of FedEx by 2.6% in the first quarter. Aaron Wealth Advisors LLC now owns 1,875 shares of the shipping service provider's stock valued at $457,000 after buying an additional 48 shares during the last quarter. SouthState Corp raised its holdings in FedEx by 3.5% in the 1st quarter. SouthState Corp now owns 1,431 shares of the shipping service provider's stock valued at $349,000 after acquiring an additional 48 shares during the last quarter. Benin Management CORP lifted its stake in shares of FedEx by 0.3% during the 1st quarter. Benin Management CORP now owns 16,198 shares of the shipping service provider's stock worth $3,949,000 after purchasing an additional 50 shares during the period. Evanson Asset Management LLC boosted its holdings in shares of FedEx by 6.0% during the first quarter. Evanson Asset Management LLC now owns 879 shares of the shipping service provider's stock worth $214,000 after purchasing an additional 50 shares during the last quarter. Finally, Hendershot Investments Inc. grew its position in shares of FedEx by 4.3% in the first quarter. Hendershot Investments Inc. now owns 1,207 shares of the shipping service provider's stock valued at $294,000 after purchasing an additional 50 shares during the period. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Marvin R. Ellison sold 3,610 shares of FedEx stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total transaction of $855,353.40. Following the sale, the director owned 7,720 shares of the company's stock, valued at $1,829,176.80. The trade was a 31.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director R Brad Martin sold 2,123 shares of the firm's stock in a transaction dated 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 owned 8,935 shares of the company's stock, valued at $2,160,036.25. This represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,343 shares of company stock worth $2,228,816 over the last 90 days. Company insiders own 8.87% of the company's stock.

FedEx Trading Up 4.8%

Shares of FDX stock traded up $10.9110 during mid-day trading on Friday, reaching $236.1910. The company's stock had a trading volume of 1,749,766 shares, compared to its average volume of 1,901,417. The company's 50 day simple moving average is $229.94 and its 200-day simple moving average is $230.84. The company has a quick ratio of 1.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.68. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $308.53. The firm has a market capitalization of $55.73 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 1.23 and a beta of 1.30.

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

FedEx Announces Dividend

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

Wall Street Analysts Forecast Growth

FDX has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of FedEx from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Dbs Bank raised shares of FedEx from a "hold" rating to a "moderate buy" rating in a research report on Thursday. Stephens reiterated an "overweight" rating and issued a $300.00 price target on shares of FedEx in a report on Tuesday, May 20th. Bank of America lowered their price objective on shares of FedEx from $270.00 to $245.00 and set a "buy" rating for the company in a research note on Wednesday, June 25th. Finally, Susquehanna increased their target price on FedEx from $290.00 to $295.00 and gave the stock a "positive" rating in a research report on Wednesday, June 25th. One 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 given a Sell rating to the stock. According to data from MarketBeat, FedEx has an average rating of "Moderate Buy" and an average target price of $283.13.

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.