Generali Investments CEE investicni spolecnost a.s. Acquires 5,600 Shares of FedEx Corporation $FDX

Key Points

• Generali Investments CEE acquired an additional 5,600 shares of FedEx, increasing its holdings by 30.6% to a total of 23,900 shares worth approximately $5.43 million.
• Insider selling occurred as Director Paul S. Walsh sold 3,610 shares, resulting in an 18.88% decrease in his position, highlighting ongoing changes in ownership dynamics.
• FedEx reported $3.83 EPS in its last quarterly earnings, exceeding estimates, and has recently declared a dividend of $1.45 per share, reflecting its financial stability.

Generali Investments CEE investicni spolecnost a.s. boosted its position in shares of FedEx Corporation (NYSE:FDX - Free Report) by 30.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,900 shares of the shipping service provider's stock after purchasing an additional 5,600 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.'s holdings in FedEx were worth $5,433,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC raised its position in FedEx by 21.1% during the 1st quarter. Golden State Wealth Management LLC now owns 362 shares of the shipping service provider's stock valued at $88,000 after purchasing an additional 63 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in FedEx during the 2nd quarter valued at $586,000. Sage Capital Advisors llc raised its position in FedEx by 136.5% during the 2nd quarter. Sage Capital Advisors llc now owns 34,697 shares of the shipping service provider's stock valued at $7,887,000 after purchasing an additional 20,024 shares in the last quarter. Value Partners Investments Inc. raised its position in FedEx by 26.4% during the 2nd quarter. Value Partners Investments Inc. now owns 181,454 shares of the shipping service provider's stock valued at $41,247,000 after purchasing an additional 37,950 shares in the last quarter. Finally, Xcel Wealth Management LLC bought a new stake in FedEx during the 2nd quarter valued at $1,200,000. 84.47% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other FedEx news, Director Paul S. Walsh sold 3,610 shares of the stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total transaction of $860,226.90. Following the sale, the director directly owned 15,513 shares of the company's stock, valued at approximately $3,696,592.77. This trade represents a 18.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director R Brad Martin sold 2,123 shares of the firm's stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $241.75, for a total value of $513,235.25. Following the sale, the director owned 8,935 shares in the company, valued at $2,160,036.25. This trade represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,343 shares of company stock valued at $2,228,816. Company insiders own 0.53% of the company's stock.

FedEx Price Performance

Shares of FDX opened at $235.73 on Wednesday. The business's 50-day moving average is $229.60 and its two-hundred day moving average is $225.93. The company has a market capitalization of $55.62 billion, a P/E ratio of 13.76, a P/E/G ratio of 1.31 and a beta of 1.20. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.21 and a current ratio of 1.25. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $308.53.

FedEx (NYSE:FDX - Get Free Report) last announced its quarterly earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share for the quarter, topping the consensus estimate of $3.71 by $0.12. The company had revenue of $22.20 billion for the quarter, compared to the consensus estimate of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The firm's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $3.60 EPS. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. Research analysts predict that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th will be given a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, September 8th. FedEx's dividend payout ratio (DPR) is currently 33.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FDX shares. Daiwa Capital Markets lifted their target price on FedEx from $232.00 to $240.00 and gave the company a "neutral" rating in a research report on Monday, September 22nd. Vertical Research lowered their target price on FedEx from $280.00 to $275.00 in a report on Friday, September 19th. Bank of America upped their target price on FedEx from $240.00 to $244.00 and gave the stock a "neutral" rating in a report on Friday, September 19th. Susquehanna upped their target price on FedEx from $285.00 to $300.00 and gave the stock a "positive" rating in a report on Friday, September 19th. Finally, Truist Financial restated a "buy" rating and set a $275.00 target price on shares of FedEx in a report on Wednesday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $271.67.

About FedEx

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.

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