FedEx Corporation $FDX Shares Sold by Chapin Davis Inc.

Key Points

• Chapin Davis Inc. reduced its FedEx stake by 59.6% in Q4, selling 5,570 shares and leaving 3,783 shares valued at about $1.09 million.
• Company insiders have been net sellers, offloading a total of 48,104 shares worth $17.6 million over the last 90 days, including sales by Director Susan C. Schwab and EVP Gina F. Adams.
• Analysts remain broadly positive — FedEx has a consensus "Moderate Buy" with an average target of $398.04 — supported by management's DRIVE cost cuts and the planned FedEx Freight spin-off.

Chapin Davis Inc. lessened its holdings in shares of FedEx Corporation (NYSE:FDX - Free Report) by 59.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,783 shares of the shipping service provider's stock after selling 5,570 shares during the period. Chapin Davis Inc.'s holdings in FedEx were worth $1,093,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Legacy Bridge LLC grew its stake in FedEx by 33.0% during the 4th quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider's stock valued at $38,000 after acquiring an additional 33 shares in the last quarter. True Wealth Design LLC grew its stake in FedEx by 8.2% during the 4th quarter. True Wealth Design LLC now owns 462 shares of the shipping service provider's stock valued at $133,000 after acquiring an additional 35 shares in the last quarter. ORG Partners LLC grew its stake in FedEx by 50.0% during the 4th quarter. ORG Partners LLC now owns 105 shares of the shipping service provider's stock valued at $30,000 after acquiring an additional 35 shares in the last quarter. Brookstone Capital Management grew its stake in FedEx by 1.4% during the 4th quarter. Brookstone Capital Management now owns 2,835 shares of the shipping service provider's stock valued at $819,000 after acquiring an additional 38 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its stake in FedEx by 0.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 8,896 shares of the shipping service provider's stock valued at $2,570,000 after acquiring an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company's stock.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Management is accelerating cost cuts (DRIVE program) and targeting over $1 billion more in savings, while lifting its FY26 outlook — a direct margin tailwind that helps explain investor enthusiasm. FDX Aims to Trim Costs Amid Weak Demand: What Lies Ahead?
• Positive Sentiment: Analysts and outlets are bullish after FedEx’s turnaround execution (DRIVE) and the planned FedEx Freight spin-off (June 1), calling the stock a buy after strong recent gains — supportive for sentiment and multiple expansion. Why FedEx Is a Buy at These Levels With 84% One-Year Gains Behind It
• Positive Sentiment: FedEx plans to return grounded MD-11 aircraft to service in May, reducing reliance on leased capacity and cutting operating lease costs — a potential near-term margin benefit. FedEx Plans to Return Grounded MD-11s to Service in May
• Neutral Sentiment: Street-watch: analysts expect FedEx’s Q4 2026 EPS to slip modestly (single-digit decline) when it reports in June — sets a cautious near-term earnings bar to monitor. FedEx's Q4 2026 Earnings: What to Expect
• Neutral Sentiment: Corporate PR: FedEx awarded a Small Business Grant in Asia Pacific (brand/partnership news) — positive for strategic initiatives but unlikely to move near-term financials. Venti Technologies Wins 2026 FedEx Small Business Grant Contest
• Negative Sentiment: Regulatory hit: FedEx said it will return tariff refunds to customers as the U.S. government returns illegally collected levies — this could reduce previously recognized revenue/profit and creates some near-term cash flow variability. FedEx, UPS vow to return tariff refunds to customers
• Negative Sentiment: Sector risk: UPS warned that higher fuel costs from the Iran war could pressure demand and margins later this year — a reminder that fuel/geo-political shocks can raise costs across peers, including FedEx. UPS shares fall after warning of Iran war fuel spike risk

Analyst Ratings Changes

Several brokerages recently issued reports on FDX. Rothschild & Co Redburn upped their price objective on shares of FedEx from $317.00 to $371.00 and gave the company a "neutral" rating in a research note on Tuesday, February 24th. Barclays upped their price objective on shares of FedEx from $360.00 to $450.00 and gave the company an "overweight" rating in a research note on Tuesday, February 10th. Stifel Nicolaus upped their price objective on shares of FedEx from $425.00 to $442.00 in a research note on Friday, April 10th. HSBC raised shares of FedEx from a "reduce" rating to a "hold" rating and set a $360.00 price objective for the company in a research note on Friday, March 20th. Finally, Susquehanna upped their price objective on shares of FedEx from $410.00 to $455.00 and gave the company a "positive" rating in a research note on Friday, March 20th. Eighteen equities research 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. According to MarketBeat.com, FedEx has a consensus rating of "Moderate Buy" and an average target price of $398.04.

Insider Activity at FedEx

In other news, Director Susan C. Schwab sold 5,795 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total value of $2,138,355.00. Following the sale, the director directly owned 10,038 shares of the company's stock, valued at approximately $3,704,022. The trade was a 36.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Gina F. Adams sold 20,450 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the completion of the sale, the executive vice president directly owned 19,403 shares in the company, valued at $7,110,229.35. This trade represents a 51.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 48,104 shares of company stock valued at $17,599,006 over the last 90 days. Insiders own 0.53% of the company's stock.

FedEx Stock Performance

NYSE:FDX opened at $390.35 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44. The firm has a market capitalization of $93.14 billion, a price-to-earnings ratio of 20.77, a PEG ratio of 1.47 and a beta of 1.28. The company's 50-day moving average is $370.45 and its two-hundred day moving average is $317.88. FedEx Corporation has a 1-year low of $204.33 and a 1-year high of $399.67.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly 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 the consensus estimate of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The business's revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm earned $4.51 EPS. Analysts forecast that FedEx Corporation will post 19.72 EPS for the current year.

FedEx Announces Dividend

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

FedEx Company Profile

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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