Edmond DE Rothschild Holding S.A. Has $47,000 Holdings in FedEx Corporation $FDX

Key Points

• Edmond DE Rothschild Holding S.A. significantly reduced its stake in FedEx Corporation, selling 117,506 shares and holding only 191 shares now, representing a 99.8% decline in their holdings.
• FedEx recently declared a quarterly dividend of $1.45 per share, with an upcoming payout date of October 1st, which signifies a 2.6% dividend yield.
• The stock has seen varied analyst opinions, with target prices adjusted downwards, such as TD Cowen reducing it from $310 to $269, yet many analysts continue to maintain a buy rating.

Edmond DE Rothschild Holding S.A. reduced its holdings in FedEx Corporation (NYSE:FDX - Free Report) by 99.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 191 shares of the shipping service provider's stock after selling 117,506 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in FedEx were worth $47,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC lifted its stake in FedEx by 21.1% in the 1st quarter. Golden State Wealth Management LLC now owns 362 shares of the shipping service provider's stock worth $88,000 after acquiring an additional 63 shares in the last quarter. NBC Securities Inc. purchased a new stake in FedEx in the 1st quarter worth about $147,000. Farther Finance Advisors LLC lifted its stake in FedEx by 27.6% in the 1st quarter. Farther Finance Advisors LLC now owns 2,223 shares of the shipping service provider's stock worth $538,000 after acquiring an additional 481 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in FedEx by 6.1% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 160,596 shares of the shipping service provider's stock worth $39,150,000 after acquiring an additional 9,216 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of FedEx by 21.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 92,967 shares of the shipping service provider's stock worth $22,664,000 after purchasing an additional 16,490 shares in the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at FedEx

In other FedEx news, Director Paul S. Walsh sold 3,610 shares of the firm's stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total value of $860,226.90. Following the sale, the director owned 15,513 shares of the company's stock, valued at $3,696,592.77. This trade represents a 18.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director R Brad Martin sold 2,123 shares of FedEx stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $241.75, for a total value of $513,235.25. Following the sale, the director directly owned 8,935 shares in the company, valued at $2,160,036.25. The trade was a 19.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,343 shares of company stock valued at $2,228,816 in the last 90 days. 0.53% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on FDX. BNP Paribas Exane raised FedEx from an "underperform" rating to an "outperform" rating and set a $270.00 price target for the company in a research note on Thursday, July 3rd. Wells Fargo & Company raised their price target on FedEx from $220.00 to $235.00 and gave the stock an "equal weight" rating in a research note on Wednesday, June 25th. Bank of America reaffirmed a "neutral" rating and set a $240.00 price target (down from $245.00) on shares of FedEx in a research note on Thursday. Raymond James Financial reaffirmed an "outperform" rating and set a $260.00 price target (down from $275.00) on shares of FedEx in a research note on Wednesday, June 25th. Finally, Wall Street Zen downgraded FedEx from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, FedEx currently has an average rating of "Moderate Buy" and a consensus price target of $282.54.

FedEx Stock Performance

FDX traded up $0.80 during midday trading on Friday, reaching $229.61. The company's stock had a trading volume of 373,747 shares, compared to its average volume of 1,945,474. The stock has a market cap of $54.18 billion, a P/E ratio of 13.60, a PEG ratio of 1.18 and a beta of 1.20. The company has a fifty day simple moving average of $230.00 and a 200 day simple moving average of $227.81. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68. FedEx Corporation has a twelve month low of $194.29 and a twelve month high of $308.53.

FedEx (NYSE:FDX - Get Free Report) last released its earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.98 by $0.09. The firm 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 quarter last year, the firm posted $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. Research analysts expect that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

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

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.