FedEx Corporation $FDX Position Decreased by International Assets Investment Management LLC

Key Points

• International Assets Investment Management cut its FedEx stake by 99.4% in the third quarter, selling 345,022 shares and retaining 2,057 shares valued at about $591,000.
• FedEx reported quarterly earnings of $3.74 per share, topping analysts’ $3.34 estimate, while revenue reached $22.93 billion and increased 12.3% year over year.
• Analysts’ consensus rating was “Moderate Buy,” with an average price target of $359.16; two FedEx executives also sold shares during the period described.

International Assets Investment Management LLC decreased its stake in FedEx Corporation (NYSE:FDX - Free Report) by 99.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,057 shares of the shipping service provider's stock after selling 345,022 shares during the quarter. International Assets Investment Management LLC's holdings in FedEx were worth $591,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Hollencrest Capital Management bought a new position in shares of FedEx during the 1st quarter valued at approximately $25,000. Solstein Capital LLC bought a new position in shares of FedEx in the second quarter worth approximately $27,000. Putney Financial Group LLC bought a new stake in shares of FedEx during the 3rd quarter valued at $25,000. Pathway Financial Advisers LLC purchased a new position in shares of FedEx during the 3rd quarter valued at $27,000. Finally, C M Bidwell & Associates Ltd. bought a new position in FedEx in the 2nd quarter worth $31,000. Institutional investors own 84.47% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. HSBC upgraded FedEx from a "hold" rating to a "buy" rating and set a $370.00 price target for the company in a research note on Thursday, October 29th. BNP Paribas Exane boosted their price target on shares of FedEx from $269.80 to $300.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 30th. UBS Group reaffirmed a "hold" rating on shares of FedEx in a report on Friday, October 30th. Evercore lifted their price objective on FedEx from $350.00 to $351.00 in a research note on Monday, September 28th. Finally, Citigroup boosted their price target on shares of FedEx from $373.00 to $374.00 and gave the stock a "buy" rating in a research report on Monday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, FedEx currently has a consensus rating of "Moderate Buy" and an average price target of $359.16.

Insider Transactions at FedEx

In related news, EVP Tracy Brightman sold 26,611 shares of FedEx stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $316.68, for a total transaction of $8,427,171.48. Following the completion of the transaction, the executive vice president directly owned 12,245 shares of the company's stock, valued at approximately $3,877,746.60. The trade was a 68.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Gina Adams sold 3,014 shares of FedEx stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $317.06, for a total transaction of $955,618.84. Following the transaction, the executive vice president directly owned 9,656 shares of the company's stock, valued at approximately $3,061,531.36. This represents a 23.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 46,387 shares of company stock worth $14,681,426. 0.65% of the stock is currently owned by insiders.

FedEx Trading Up 0.2%

Shares of NYSE FDX opened at $319.56 on Wednesday. The business's 50 day moving average is $302.48 and its two-hundred day moving average is $337.47. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.29. FedEx Corporation has a 1-year low of $203.20 and a 1-year high of $345.36. The stock has a market capitalization of $74.84 billion, a P/E ratio of 19.65, a PEG ratio of 1.28 and a beta of 1.27.

FedEx (NYSE:FDX - Get Free Report) last announced its earnings results on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, topping analysts' consensus estimates of $3.34 by $0.40. The firm had revenue of $22.93 billion during the quarter, compared to analysts' expectations of $22.73 billion. FedEx had a return on equity of 15.53% and a net margin of 4.09%. The company's quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.83 EPS. As a group, research analysts expect that FedEx Corporation will post 18.29 EPS for the current year.

FedEx Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, September 14th. FedEx's dividend payout ratio (DPR) is 30.01%.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx raised its fiscal 2026 earnings guidance after reporting higher quarterly sales. Commentary also points to improving margins, strong cash flow and savings from its network overhaul as supports for earnings. What FedEx Stock's Higher Earnings Outlook Means For Shareholders
• Neutral Sentiment: FedEx appointed Katherine M. Boyle, a general partner at Andreessen Horowitz, to its board and committees, including roles involving cyber oversight. The new director adds experience, though the appointment’s financial impact is not yet clear. Katherine M. Boyle Elected to FedEx Board
• Neutral Sentiment: Analyst commentary is divided on valuation: one view says cash-flow potential may leave shares below fair value, while another cautions that the valuation looks full and rising costs could limit upside. Is FedEx Stock a Buy as Margins Improve but Valuation Looks Full?
• Negative Sentiment: California’s privacy agency fined FedEx nearly $3 million over alleged privacy violations, including failing to honor opt-out requests through Global Privacy Control. The fine is modest relative to the company’s scale, but the allegations add regulatory and reputational risk. California Privacy Agency Fines FedEx Nearly $3M
• Negative Sentiment: CFO Claude Russ sold 16,762 shares, reducing his holdings by about 79%. Insider sales can occur for personal reasons and do not by themselves establish a negative business outlook, but the size of the reduction may draw investor attention. SEC Form 4 filing
• Negative Sentiment: FedEx named Jamere Jackson as CFO, effective immediately. His prior CFO experience is a plus, but a leadership transition brings some near-term execution uncertainty. Why Is FedEx Bringing In Jamere Jackson As CFO?

FedEx Profile

FedEx Corporation is a global transportation and logistics company that provides delivery, freight, and supply chain services to businesses and consumers. Its offerings include express and ground package delivery, freight transportation, customs clearance, and logistics solutions that help customers manage shipping and distribution. Founded by Frederick W. Smith in 1971, FedEx began operations in 1973. The company serves customers throughout the United States and in international markets, connecting businesses and consumers through its transportation and delivery networks.

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