Birch Capital Management LLC Has $8.02 Million Holdings in FedEx Corporation $FDX

Key Points

• Birch Capital Management boosted its FedEx stake by 15% in Q4 to 27,770 shares worth $8.02 million, making FDX about 4% of its portfolio and its 7th-largest holding.
• FedEx posted strong quarterly results — EPS $5.25 (vs. $4.12 estimate) and revenue $24B (+8.3% y/y) — and pays a $1.45 quarterly dividend ($5.80 annual, 1.6% yield).
• Despite the beat, the stock plunged amid concerns after Amazon launched external logistics services and other market pressures; analysts still rate FDX a consensus "Moderate Buy" with a $398.04 price target while the shares were trading down ~9.2%.

Birch Capital Management LLC boosted its position in FedEx Corporation (NYSE:FDX - Free Report) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,770 shares of the shipping service provider's stock after purchasing an additional 3,626 shares during the period. FedEx accounts for about 4.0% of Birch Capital Management LLC's portfolio, making the stock its 7th biggest holding. Birch Capital Management LLC's holdings in FedEx were worth $8,022,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Falcon Wealth Planning increased its holdings in FedEx by 26.6% in the 4th quarter. Falcon Wealth Planning now owns 1,560 shares of the shipping service provider's stock worth $451,000 after purchasing an additional 328 shares in the last quarter. Nicholas Hoffman & Company LLC. acquired a new position in FedEx in the 4th quarter worth about $203,000. Principal Financial Group Inc. increased its holdings in FedEx by 2.0% in the 4th quarter. Principal Financial Group Inc. now owns 240,667 shares of the shipping service provider's stock worth $69,519,000 after purchasing an additional 4,831 shares in the last quarter. QRG Capital Management Inc. increased its holdings in FedEx by 22.0% in the 4th quarter. QRG Capital Management Inc. now owns 16,068 shares of the shipping service provider's stock worth $4,641,000 after purchasing an additional 2,893 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC increased its holdings in FedEx by 51.4% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,044 shares of the shipping service provider's stock worth $1,168,000 after purchasing an additional 1,373 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company's stock.

Analysts Set New Price Targets

FDX has been the subject of a number of recent research reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of FedEx in a report on Thursday, April 9th. The Goldman Sachs Group upped their target price on FedEx from $364.00 to $369.00 and gave the stock a "buy" rating in a report on Friday, March 13th. Sanford C. Bernstein upped their target price on FedEx from $457.00 to $470.00 and gave the stock an "outperform" rating in a report on Thursday, April 9th. Jefferies Financial Group upped their target price on FedEx from $425.00 to $450.00 and gave the stock a "buy" rating in a report on Tuesday, March 3rd. Finally, BMO Capital Markets upped their target price on FedEx from $400.00 to $410.00 and gave the stock a "market perform" rating in a report on Friday, March 20th. Eighteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, FedEx has a consensus rating of "Moderate Buy" and a consensus price target of $398.04.

FedEx Trading Down 9.2%

NYSE FDX opened at $357.61 on Tuesday. The business's 50-day moving average price is $370.95 and its two-hundred day moving average price is $320.19. FedEx Corporation has a 12 month low of $212.64 and a 12 month high of $404.03. The firm has a market capitalization of $85.33 billion, a PE ratio of 19.03, a price-to-earnings-growth ratio of 1.49 and a beta of 1.29. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $23.44 billion. During the same quarter in the previous year, the company posted $4.51 EPS. The business's revenue was up 8.3% on a year-over-year basis. On average, analysts expect that FedEx Corporation will post 19.72 EPS for the current year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th were given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, March 9th. FedEx's payout ratio is 30.87%.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx’s recent operating fundamentals remain a stabilizing factor: solid quarterly results (revenue +8.3% y/y, EPS beat) and a reasonable forward P/E support the view that the company can generate cash and defend core margins over time. MarketBeat: Amazon Weaponizes Logistics
• Neutral Sentiment: Broader market / macro moves are adding pressure: geopolitical tensions (Strait of Hormuz) pushed oil above $100, creating further volatility that can weigh on transportation names through higher fuel costs and risk-off flows. Fool: Stock Market Today, May 4
• Negative Sentiment: Amazon launched “Amazon Supply Chain Services,” opening its end‑to‑end logistics (air, ocean, road, warehousing) to external customers — a direct competitive threat to FedEx’s core freight and parcel business and a key reason FDX is being re‑priced lower. Yahoo Finance: Amazon opens logistics network
• Negative Sentiment: The market reaction was swift: legacy carriers including FedEx saw double‑digit intraday drops as investors rushed to mark down exposure to potential margin compression and lost volume in e‑commerce lanes. CNBC: UPS, FedEx stocks sink
• Negative Sentiment: Analysts view Amazon’s launch as a structural “shot across the bow”; early customer wins (Procter & Gamble, 3M, American Eagle) and Amazon’s aircraft/warehouse scale amplify the threat to FedEx’s pricing and share in e‑commerce dense lanes. NY Post: Amazon takes on UPS, FedEx
• Negative Sentiment: Market sentiment indicators point to downside: elevated short interest and recent insider selling have amplified downside pressure as investors reposition for the new competitive landscape. MarketBeat: Amazon Weaponizes Logistics

Insider Buying and Selling

In other FedEx news, EVP Gina F. Adams sold 20,450 shares of the company's stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $366.45, for a total value of $7,493,902.50. Following the sale, the executive vice president owned 19,403 shares in the company, valued at approximately $7,110,229.35. The trade was a 51.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Susan C. Schwab sold 5,795 shares of the business's stock in a transaction dated Wednesday, April 15th. The shares were 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 $3,704,022. This represents a 36.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 48,104 shares of company stock worth $17,599,006. Corporate insiders own 0.53% of the company's stock.

FedEx 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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