FedEx Corporation $FDX Stock Position Decreased by Keel Point LLC

Key Points

• Keel Point LLC cut its FedEx stake by 85.2% in Q3, selling 15,442 shares and leaving the firm with 2,691 shares valued at about $635,000.
• FedEx beat Q3 expectations with $5.25 EPS (vs. $4.12 expected) and $24 billion revenue (vs. $23.44B expected), raised guidance, and said the planned freight spin‑off remains on track.
• The company announced a quarterly dividend of $1.45 per share (annualized $5.80, yield 1.6%), while analysts hold a "Moderate Buy" consensus with an average price target of $371.19.

Keel Point LLC decreased its holdings in shares of FedEx Corporation (NYSE:FDX - Free Report) by 85.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,691 shares of the shipping service provider's stock after selling 15,442 shares during the quarter. Keel Point LLC's holdings in FedEx were worth $635,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FDX. New York State Teachers Retirement System grew its position in shares of FedEx by 2.3% during the third quarter. New York State Teachers Retirement System now owns 207,077 shares of the shipping service provider's stock worth $48,831,000 after acquiring an additional 4,734 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of FedEx by 10.6% in the 3rd quarter. D.A. Davidson & CO. now owns 48,424 shares of the shipping service provider's stock worth $11,419,000 after acquiring an additional 4,634 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in FedEx by 11.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,958 shares of the shipping service provider's stock valued at $8,243,000 after purchasing an additional 3,514 shares during the last quarter. Savant Capital LLC lifted its position in FedEx by 32.5% in the 3rd quarter. Savant Capital LLC now owns 40,019 shares of the shipping service provider's stock valued at $9,437,000 after purchasing an additional 9,806 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its stake in FedEx by 34.9% during the 3rd quarter. Pacer Advisors Inc. now owns 24,085 shares of the shipping service provider's stock valued at $5,679,000 after purchasing an additional 6,234 shares during the period. Institutional investors own 84.47% of the company's stock.

FedEx Stock Up 1.5%

FDX stock opened at $355.15 on Friday. The firm's 50-day moving average is $350.29 and its two-hundred day moving average is $289.94. The company has a market capitalization of $83.50 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 1.66 and a beta of 1.29. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $392.86. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The business had revenue of $24 billion during the quarter, compared to analysts' expectations of $23.44 billion. During the same period last year, the firm posted $4.51 earnings per share. The business's revenue was up 8.3% on a year-over-year basis. On average, analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be paid a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, March 9th. FedEx's dividend payout ratio (DPR) is presently 31.97%.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Q3 beats and raised guidance — FedEx posted $5.25 EPS on $24B revenue, topping estimates and raising FY26 guidance, a clear catalyst for investor optimism about earnings durability and cash flow. FedEx Reports Strong Third Quarter Results
• Positive Sentiment: Freight spin‑off still on track — management reiterated progress on the planned freight separation, which investors view as value‑unlocking and supportive of the long‑term thesis. FedEx Tops Q3 Estimates, Freight Spin-Off Remains On Track
• Neutral Sentiment: Analyst positioning and price targets — some brokers raised forecasts and price targets (e.g., JPMorgan), supporting momentum, while others caution on valuation; this mixed analyst activity can amplify moves but also add volatility. FedEx Q1 earnings: What to expect
• Neutral Sentiment: Network changes — FedEx plans to close nine New York parcel centers; this may trim costs but could also signal localized demand shifts, so the market will watch the margin impact. FedEx to shutter 9 New York parcel centers
• Negative Sentiment: Geopolitical and fuel‑cost headwinds — management flagged rising fuel costs and Middle East tensions that could raise operating expenses and disrupt flows, a material short‑term risk for margins. FedEx is getting more upbeat about the year — despite surging fuel costs
• Negative Sentiment: Safety/regulatory risk — the NTSB is investigating a runway close‑call involving a FedEx jet, which introduces operational and reputational risk that could attract regulatory scrutiny. NTSB investigating close call between FedEx, Alaska Airlines jets
• Negative Sentiment: Industry pressure — commentary highlights a leaner, more competitive logistics market and e‑commerce normalization, which could limit upside in volume and pricing over time. FedEx Earnings Point to a Leaner, More Competitive Logistics Industry

Analyst Upgrades and Downgrades

Several research firms have commented on FDX. Citigroup upped their target price on shares of FedEx from $327.00 to $401.00 and gave the stock a "buy" rating in a research report on Thursday, February 5th. Stephens boosted their price objective on FedEx from $330.00 to $405.00 and gave the stock an "overweight" rating in a research report on Friday, February 13th. Argus increased their price objective on FedEx from $250.00 to $350.00 and gave the stock a "buy" rating in a report on Wednesday, January 21st. Stifel Nicolaus set a $412.00 price objective on FedEx in a report on Friday, February 13th. Finally, BMO Capital Markets raised their target price on FedEx from $290.00 to $400.00 and gave the company a "market perform" rating in a research report on Friday, February 13th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, FedEx currently has a consensus rating of "Moderate Buy" and an average price target of $371.19.

FedEx 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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