B. Metzler seel. Sohn & Co. AG Takes $5.66 Million Position in FedEx Corporation $FDX

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 18,074 FedEx shares worth approximately $5.66 million in the second quarter. Other institutions also initiated positions, with institutional investors owning 84.47% of FedEx.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $350.54, despite some firms recently lowering their targets.
• FedEx reported quarterly earnings of $5.88 per share on $23.26 billion in revenue and declared a quarterly dividend of $1.22 per share, equivalent to a 1.5% annual yield.

B. Metzler seel. Sohn & Co. AG acquired a new stake in FedEx Corporation (NYSE:FDX - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,074 shares of the shipping service provider's stock, valued at approximately $5,660,000.

Other institutional investors have also added to or reduced their stakes in the company. Silvant Capital Management LLC bought a new position in shares of FedEx in the 2nd quarter worth approximately $2,312,000. Oxford Financial Group LTD. LLC bought a new stake in FedEx during the second quarter valued at approximately $202,000. Advisors Capital Management LLC purchased a new stake in FedEx during the second quarter valued at approximately $741,000. PCM Encore LLC bought a new position in FedEx in the second quarter worth approximately $469,000. Finally, Vise Technologies Inc. bought a new position in FedEx in the second quarter worth approximately $3,921,000. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Paul S. Walsh sold 5,042 shares of the company's stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the sale, the director owned 16,359 shares in the company, valued at $5,309,477.04. This represents a 23.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.53% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on FDX. HSBC lowered their target price on FedEx from $360.00 to $289.89 and set a "hold" rating on the stock in a research report on Monday, June 1st. Raymond James Financial restated an "outperform" rating on shares of FedEx in a research report on Wednesday. Stephens raised FedEx to a "strong-buy" rating in a research note on Wednesday, July 8th. Rothschild & Co Redburn cut their price objective on FedEx from $375.00 to $344.00 and set a "neutral" rating for the company in a research note on Tuesday, June 2nd. Finally, Sanford C. Bernstein set a $397.00 target price on shares of FedEx in a report on Wednesday, June 24th. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $350.54.

FedEx Trading Down 0.3%

Shares of NYSE:FDX opened at $325.03 on Friday. The company has a market capitalization of $76.92 billion, a PE ratio of 17.56, a P/E/G ratio of 1.68 and a beta of 1.30. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. FedEx Corporation has a 12-month low of $177.05 and a 12-month high of $345.36. The business's fifty day simple moving average is $319.03 and its 200-day simple moving average is $351.53.

FedEx (NYSE:FDX - Get Free Report) last announced its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. The company had revenue of $23.26 billion during the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. As a group, equities research analysts predict that FedEx Corporation will post 17.6 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, September 14th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, September 14th. FedEx's dividend payout ratio is presently 26.36%.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend
• Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications
• Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock?
• Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs
• Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M
• Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities

About FedEx

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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