FedEx Corporation $FDX Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ Asset Management raised its FedEx stake by 5% to 462,091 shares (about $135.45M); institutional investors now own 84.47% of the company and major funds like Vanguard and Dodge & Cox materially increased positions.
• FedEx beat the quarter with EPS of $5.25 versus $4.12 and revenue of $24B (up 8.3% YoY); analysts have a consensus rating of Moderate Buy and a $398.04 consensus target after several price-target upgrades.
• The company is expanding its AI-powered supply-chain collaboration with ServiceNow—a potential margin/monetization tailwind—while facing sector headwinds from rising fuel costs and competitive pressure as Amazon expands its logistics network.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of FedEx Corporation (NYSE:FDX - Free Report) by 5.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 462,091 shares of the shipping service provider's stock after acquiring an additional 22,158 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.20% of FedEx worth $135,453,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of FedEx by 13.2% during the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider's stock worth $5,527,870,000 after acquiring an additional 2,741,723 shares in the last quarter. Dodge & Cox raised its position in shares of FedEx by 12.0% during the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider's stock worth $3,826,055,000 after acquiring an additional 1,742,666 shares in the last quarter. Franklin Resources Inc. raised its position in shares of FedEx by 5.9% during the 3rd quarter. Franklin Resources Inc. now owns 4,814,938 shares of the shipping service provider's stock worth $1,135,411,000 after acquiring an additional 269,567 shares in the last quarter. Invesco Ltd. raised its position in shares of FedEx by 3.1% during the 3rd quarter. Invesco Ltd. now owns 3,618,898 shares of the shipping service provider's stock worth $853,372,000 after acquiring an additional 108,426 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of FedEx by 169.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider's stock worth $638,203,000 after acquiring an additional 1,718,278 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company's stock.

Analyst Ratings Changes

FDX has been the topic of several research analyst reports. Stephens reissued an "overweight" rating and set a $435.00 target price on shares of FedEx in a research report on Tuesday, April 14th. HSBC raised FedEx from a "reduce" rating to a "hold" rating and set a $360.00 price target on the stock in a research report on Friday, March 20th. Sanford C. Bernstein lifted their price target on FedEx from $457.00 to $470.00 and gave the stock an "outperform" rating in a research report on Thursday, April 9th. Rothschild & Co Redburn lifted their price target on FedEx from $317.00 to $371.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 24th. Finally, Weiss Ratings lowered FedEx from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, April 29th. Eighteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $398.04.

FedEx Trading Up 4.0%

FDX opened at $377.37 on Thursday. The firm has a market cap of $90.04 billion, a price-to-earnings ratio of 20.08, a price-to-earnings-growth ratio of 1.38 and a beta of 1.29. FedEx Corporation has a 52 week low of $213.56 and a 52 week high of $404.03. The business's 50 day moving average is $370.31 and its two-hundred day moving average is $322.07. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77.

FedEx (NYSE:FDX - Get Free Report) last released its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.12 by $1.13. The business had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The company's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.51 earnings per share. On average, research analysts predict that FedEx Corporation will post 19.72 EPS for the current year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were issued a $1.45 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.5%. FedEx's payout ratio is presently 30.87%.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx expanded its strategic collaboration with ServiceNow to embed FedEx Dataworks logistics intelligence into ServiceNow’s Source-to-Pay and new supply-chain workflows — a revenue/enterprise-software monetization and productivity signal that supports longer-term margin upside. FedEx and ServiceNow expand strategic collaboration with new AI-powered supply-chain solution
• Positive Sentiment: UBS reaffirmed a "buy" rating on FDX, which can attract institutional flows and support the stock amid sector volatility. FedEx receives a buy rating from UBS
• Neutral Sentiment: JRW Realty facilitated the acquisition of a FedEx Ground distribution center in Little Rock — a routine real-estate/ops update that may reflect asset recycling or local footprint optimization but is not material at the company level. JRW Realty Facilitates Acquisition of FedEx Ground Distribution Center in Little Rock
• Neutral Sentiment: FedEx and nonprofit Orbis earned a Halo Award for corporate-nonprofit work — positive PR but unlikely to move fundamentals. FedEx and Orbis Earn "Best of the Best" Halo Award
• Neutral Sentiment: Macro note — the U.S. has started refunding tariffs previously ruled unlawful; broader trade/tariff moves can alter import volumes and freight flows, but impacts on FedEx are indirect and timing is uncertain. Trump Tariff Refunds Start Hitting Importers’ Bank Accounts
• Negative Sentiment: Sector headwinds: multiple reports flag transportation ETFs lagging amid rising fuel costs and Amazon’s push to open and expand its logistics network — a direct competitive threat to legacy carriers that can pressure margins and multiple compression. What's Wrong With Transportation Sector? Buy These ETFs Instead
• Negative Sentiment: Stories that Amazon is opening its logistics network to other businesses have triggered sector selloffs and renewed investor concern that Amazon could siphon parcel volumes. Analysts and funds are parsing the competitive impact on FedEx. UPS, FedEx shares plummet as Amazon opens up logistics network to other businesses

Insider Buying and Selling

In other news, EVP Tracy B. Brightman sold 16,959 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $363.47, for a total value of $6,164,087.73. Following the transaction, the executive vice president owned 11,052 shares of the company's stock, valued at approximately $4,017,070.44. The trade was a 60.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kawal Preet sold 4,900 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the transaction, the executive vice president directly owned 10,953 shares in the company, valued at approximately $4,029,499.17. The trade was a 30.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 48,104 shares of company stock worth $17,599,006. 0.53% of the stock is currently owned by company insiders.

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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