Horizon Investments LLC Increases Position in FedEx Corporation $FDX

Key Points

• Horizon Investments LLC raised its FedEx stake by 58.2% in Q4 to 22,704 shares, valued at about $6.56 million.
• FedEx posted a strong quarter — $5.25 EPS vs. $4.12 expected and roughly $24 billion in revenue (up 8.3% YoY) — bolstering its freight/parcel positioning even as the stock traded lower and is down about 2.4%.
• Near-term risks include pledged tariff refunds after a Supreme Court ruling and notable insider selling (over $17.6M in the past 90 days), while analysts maintain a "Moderate Buy" consensus with a $398.04 average price target and institutions own ~84.47% of shares.

Horizon Investments LLC lifted its stake in FedEx Corporation (NYSE:FDX - Free Report) by 58.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,704 shares of the shipping service provider's stock after purchasing an additional 8,354 shares during the period. Horizon Investments LLC's holdings in FedEx were worth $6,558,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC acquired a new stake in shares of FedEx during the 3rd quarter valued at approximately $27,000. Wealth Watch Advisors INC acquired a new stake in shares of FedEx in the 3rd quarter worth approximately $28,000. Ameriflex Group Inc. increased its stake in FedEx by 103.3% in the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider's stock valued at $29,000 after purchasing an additional 63 shares in the last quarter. Ulland Investment Advisors LLC acquired a new position in FedEx during the fourth quarter worth $29,000. Finally, ORG Partners LLC grew its holdings in FedEx by 50.0% in the fourth quarter. ORG Partners LLC now owns 105 shares of the shipping service provider's stock valued at $30,000 after purchasing an additional 35 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company's stock.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: March quarter earnings beat and revenue upside reinforce fundamentals — FedEx reported $5.25 EPS vs. $4.12 expected and revenue of ~$24B, supporting profitability and the company’s freight/parcel positioning (helps justify longer-term valuation).
• Positive Sentiment: Index/market visibility: FedEx hit a recent high after a freight-related shift in the NYSE Composite, which can boost passive flows and investor attention. Read More.
• Neutral Sentiment: Executive recognition — a FedEx IT leader was honored at the 2026 Tennessee ORBIE Awards, signaling organizational strength in tech and security but with limited direct near-term market impact. Read More.
• Neutral Sentiment: Strategic partnerships: FedEx is a corporate backer of Ridgeline’s Fund II, showing continued venture/innovation investing but little immediate earnings effect. Read More.
• Neutral Sentiment: Peer/industry note — Ryder’s improved used-vehicle sales and operational discipline point to healthier freight demand broadly; relevant for sector sentiment but not a direct FedEx driver. Read More.
• Negative Sentiment: Tariff refunds: Following a Supreme Court ruling on import duties, FedEx (and UPS) pledged to return tariff collections to customers — this creates a near-term cash outflow and potential margin pressure, and likely contributed to the share pullback. Read More.
• Negative Sentiment: Immediate market reaction: Coverage notes FDX traded lower while the broader market rose, reflecting profit-taking after a strong run and concerns about near-term headwinds. Read More.
• Negative Sentiment: Valuation / momentum check — commentary asks whether recent gains (large YTD/1‑year returns) leave less upside and make the stock vulnerable to pullbacks if growth softens. Read More.

Insider Activity

In related news, EVP Tracy B. Brightman sold 16,959 shares of the firm's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the sale, the executive vice president owned 11,052 shares in the company, valued at approximately $4,017,070.44. This trade represents a 60.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kawal Preet sold 4,900 shares of FedEx stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $367.89, for a total transaction of $1,802,661.00. Following the completion of the sale, the executive vice president directly owned 10,953 shares of the company's stock, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 48,104 shares of company stock worth $17,599,006. 0.53% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on FDX shares. Zacks Research cut FedEx from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 18th. Raymond James Financial increased their price objective on shares of FedEx from $305.00 to $410.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. The Goldman Sachs Group raised their target price on shares of FedEx from $364.00 to $369.00 and gave the company a "buy" rating in a report on Friday, March 13th. Jefferies Financial Group lifted their target price on shares of FedEx from $425.00 to $450.00 and gave the stock a "buy" rating in a research report on Tuesday, March 3rd. Finally, BNP Paribas Exane set a $280.00 price target on shares of FedEx and gave the company a "neutral" rating in a report on Tuesday, January 13th. Eighteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, FedEx currently has a consensus rating of "Moderate Buy" and a consensus price target of $398.04.

FedEx Stock Down 2.4%

FDX opened at $393.79 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77. The firm has a market cap of $93.96 billion, a P/E ratio of 20.96, a PEG ratio of 1.49 and a beta of 1.29. FedEx Corporation has a 52 week low of $211.89 and a 52 week high of $404.03. The business's fifty day simple moving average is $370.95 and its 200 day simple moving average is $319.59.

FedEx (NYSE:FDX - Get Free Report) last announced its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.13. The firm had revenue of $24 billion during 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 firm's revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.51 EPS. As a group, equities research analysts anticipate that FedEx Corporation will post 19.72 EPS for the current fiscal year.

FedEx Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were given 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 currently 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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