Semmax Financial Advisors Inc. Raises Holdings in FedEx Corporation $FDX

Key Points

• Semmax Financial Advisors Inc. increased its holdings in FedEx Corporation by 2,713.7% during the first quarter, acquiring a total of 13,928 shares valued at $3,395,000.
• FedEx recently reported $6.07 earnings per share for its last quarter, surpassing estimates, and set its guidance for Q1 2026 at $3.400-4.000 EPS.
• The company declared a quarterly dividend of $1.45 per share, with a payout expected on October 1st, resulting in an annualized dividend yield of 2.6%.

Semmax Financial Advisors Inc. increased its position in FedEx Corporation (NYSE:FDX - Free Report) by 2,713.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,928 shares of the shipping service provider's stock after purchasing an additional 13,433 shares during the quarter. Semmax Financial Advisors Inc.'s holdings in FedEx were worth $3,395,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Aaron Wealth Advisors LLC boosted its position in FedEx by 2.6% during the 1st quarter. Aaron Wealth Advisors LLC now owns 1,875 shares of the shipping service provider's stock valued at $457,000 after acquiring an additional 48 shares in the last quarter. SouthState Corp boosted its position in FedEx by 3.5% during the 1st quarter. SouthState Corp now owns 1,431 shares of the shipping service provider's stock valued at $349,000 after acquiring an additional 48 shares in the last quarter. Benin Management CORP boosted its position in FedEx by 0.3% during the 1st quarter. Benin Management CORP now owns 16,198 shares of the shipping service provider's stock valued at $3,949,000 after acquiring an additional 50 shares in the last quarter. Evanson Asset Management LLC boosted its position in FedEx by 6.0% during the 1st quarter. Evanson Asset Management LLC now owns 879 shares of the shipping service provider's stock valued at $214,000 after acquiring an additional 50 shares in the last quarter. Finally, Hendershot Investments Inc. boosted its position in FedEx by 4.3% during the 1st quarter. Hendershot Investments Inc. now owns 1,207 shares of the shipping service provider's stock valued at $294,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 84.47% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on FDX shares. Wells Fargo & Company increased their target price on FedEx from $220.00 to $235.00 and gave the company an "equal weight" rating in a research report on Wednesday, June 25th. Susquehanna increased their target price on FedEx from $290.00 to $295.00 and gave the company a "positive" rating in a research report on Wednesday, June 25th. TD Cowen dropped their target price on FedEx from $310.00 to $269.00 and set a "buy" rating on the stock in a research report on Wednesday, June 25th. Wall Street Zen cut FedEx from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. Finally, JPMorgan Chase & Co. decreased their price objective on FedEx from $290.00 to $285.00 and set an "overweight" rating for the company in a report on Friday, September 5th. One 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $282.54.

FedEx Stock Up 0.4%

Shares of FDX traded up $0.86 during midday trading on Friday, hitting $229.67. 1,688,783 shares of the company's stock traded hands, compared to its average volume of 1,498,630. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $308.53. The firm's fifty day moving average is $229.77 and its 200-day moving average is $227.21. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $54.19 billion, a price-to-earnings ratio of 13.61, a price-to-earnings-growth ratio of 1.29 and a beta of 1.20.

FedEx (NYSE:FDX - Get Free Report) last issued its quarterly earnings data on Tuesday, June 24th. The shipping service provider reported $6.07 EPS for the quarter, beating the consensus estimate of $5.98 by $0.09. The firm had revenue of $22.20 billion during 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 in the prior year, the business posted $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. As a group, sell-side analysts anticipate that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 8th will be paid a $1.45 dividend. The ex-dividend date 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%.

Insider Buying and Selling

In related news, Director R Brad Martin sold 2,123 shares of the firm's stock in a transaction 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 completion of the transaction, the director owned 8,935 shares in the company, valued at $2,160,036.25. This trade represents a 19.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Paul S. Walsh sold 3,610 shares of the firm's stock in a transaction 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 completion of the transaction, 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 disclosure for this sale can be found here. Insiders sold 9,343 shares of company stock worth $2,228,816 in the last 90 days. Insiders own 0.53% of the company's stock.

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.