CW Advisors LLC Has $6.71 Million Stock Holdings in FedEx Corporation $FDX

Key Points

• CW Advisors LLC increased its stake in FedEx Corporation by 11.9%, acquiring an additional 2,923 shares in the first quarter, bringing their total holdings to 27,548 shares valued at approximately $6.71 million.
• Analysts have mixed opinions on FedEx, with price targets ranging from $260.00 to $300.00 and an overall average rating of "Moderate Buy".
• The company announced a quarterly dividend of $1.45 per share, with an annualized yield of 2.5%, reflecting a dividend payout ratio of 34.36%.

CW Advisors LLC lifted its holdings in FedEx Corporation (NYSE:FDX - Free Report) by 11.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 27,548 shares of the shipping service provider's stock after buying an additional 2,923 shares during the quarter. CW Advisors LLC's holdings in FedEx were worth $6,714,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Candriam S.C.A. lifted its position in FedEx by 0.7% in the 1st quarter. Candriam S.C.A. now owns 21,173 shares of the shipping service provider's stock valued at $5,162,000 after purchasing an additional 140 shares during the last quarter. EntryPoint Capital LLC bought a new stake in FedEx in the 1st quarter valued at about $413,000. Credit Agricole S A lifted its position in FedEx by 14.8% in the 1st quarter. Credit Agricole S A now owns 102,655 shares of the shipping service provider's stock valued at $25,025,000 after purchasing an additional 13,222 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in FedEx by 17.5% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 31,963 shares of the shipping service provider's stock valued at $7,784,000 after purchasing an additional 4,750 shares during the last quarter. Finally, Berkshire Asset Management LLC PA lifted its position in FedEx by 9.3% in the 1st quarter. Berkshire Asset Management LLC PA now owns 1,696 shares of the shipping service provider's stock valued at $413,000 after purchasing an additional 144 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Trading Up 0.4%

Shares of FedEx stock traded up $1.01 during trading on Wednesday, hitting $232.11. The stock had a trading volume of 1,066,642 shares, compared to its average volume of 1,969,291. The stock has a 50 day simple moving average of $230.24 and a 200 day simple moving average of $230.49. The company has a market capitalization of $54.77 billion, a PE ratio of 13.75, a P/E/G ratio of 1.21 and a beta of 1.30. The company has a quick ratio of 1.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.68. FedEx Corporation has a 1 year low of $194.29 and a 1 year 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 for the quarter, topping the consensus estimate of $5.98 by $0.09. The business had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $21.86 billion. FedEx had a net margin of 4.65% and a return on equity of 16.34%. During the same period last year, the firm posted $5.41 earnings per share. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. On average, research analysts expect that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

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

Analyst Ratings Changes

FDX has been the topic of several recent research reports. Bank of America cut their price objective on shares of FedEx from $270.00 to $245.00 and set a "buy" rating on the stock in a research report on Wednesday, June 25th. BMO Capital Markets dropped their price target on shares of FedEx from $275.00 to $260.00 and set a "market perform" rating on the stock in a research report on Monday, May 19th. JPMorgan Chase & Co. boosted their price target on shares of FedEx from $260.00 to $290.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 25th. Susquehanna boosted their price target on shares of FedEx from $290.00 to $295.00 and gave the stock a "positive" rating in a research report on Wednesday, June 25th. Finally, Truist Financial restated a "buy" rating and set a $275.00 price target on shares of FedEx in a research report on Wednesday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $283.13.

Insider Activity at FedEx

In related news, Director R Brad Martin sold 2,123 shares of the business's stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $241.75, for a total transaction of $513,235.25. Following the transaction, the director directly owned 8,935 shares of the company's stock, valued at approximately $2,160,036.25. The trade was a 19.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Marvin R. Ellison sold 3,610 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total transaction of $855,353.40. Following the transaction, the director directly owned 7,720 shares in the company, valued at $1,829,176.80. The trade was a 31.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,343 shares of company stock valued at $2,228,816. Corporate insiders own 0.53% of the company's stock.

FedEx Company 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.