KKM Financial LLC Grows Stock Holdings in FedEx Corporation $FDX

Key Points

• KKM Financial LLC boosted its FedEx stake by 25.1%, adding 3,129 shares to hold 15,577 shares worth about $3.673 million at the end of the quarter.
• FedEx beat expectations and raised guidance signals, reporting $4.82 EPS vs $4.02 consensus and $23.47B revenue, setting FY2026 EPS guidance of $17.80–$19.00 while several analysts have lifted price targets (consensus target ≈ $371).
• Dividend, strategy and risks: FedEx declared a $1.45 quarterly dividend (annualized $5.80, ~1.6% yield), is accelerating an AI overhaul to improve productivity, but faces legal exposure over surcharge litigation and macro/tariff uncertainty.

KKM Financial LLC grew its holdings in shares of FedEx Corporation (NYSE:FDX - Free Report) by 25.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,577 shares of the shipping service provider's stock after purchasing an additional 3,129 shares during the quarter. KKM Financial LLC's holdings in FedEx were worth $3,673,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Grey Fox Wealth Advisors LLC purchased a new position in FedEx during the third quarter worth about $27,000. Twin Peaks Wealth Advisors LLC purchased a new stake in FedEx in the 2nd quarter valued at about $28,000. Wealth Watch Advisors INC acquired a new position in shares of FedEx during the 3rd quarter valued at about $28,000. Ameriflex Group Inc. lifted its holdings in shares of FedEx by 103.3% during the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider's stock worth $29,000 after acquiring an additional 63 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of FedEx in the third quarter worth approximately $39,000. Hedge funds and other institutional investors own 84.47% of the company's stock.

FedEx Stock Performance

NYSE:FDX opened at $352.09 on Monday. The firm's fifty day simple moving average is $346.49 and its 200 day simple moving average is $287.34. 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 Corporation has a twelve month low of $194.29 and a twelve month high of $392.86. The firm has a market capitalization of $82.78 billion, a price-to-earnings ratio of 19.41, a PEG ratio of 1.67 and a beta of 1.29.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, topping the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The firm had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same period in the previous year, the company posted $4.05 EPS. FedEx's revenue for the quarter was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities research analysts expect that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be issued 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%.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx is accelerating an AI overhaul — the company plans to replace legacy systems and deploy AI “agents” in >50% of core workflows by 2028, aiming to boost productivity and cut operating costs if execution goes smoothly. FedEx Replaces Legacy Tech to Empower AI Agents
• Positive Sentiment: Analyst optimism: JPMorgan is forecasting strong price appreciation for FDX, supporting buyer interest and helping justify the recent run-up. JPMorgan Forecasts Strong Price Appreciation for FedEx
• Positive Sentiment: Street expects FedEx to beat upcoming earnings; consensus commentary highlights revenue leverage and margin upside, which can sustain momentum into the report. FedEx Expected to Beat Earnings Estimates
• Positive Sentiment: Product/ESG initiative: FedEx is offering reusable packaging for closed-loop B2B shipping — a small but positive signal for cost savings and sustainability-focused customers. FedEx Offers Reusable Packaging
• Neutral Sentiment: Investor day materials and slides have been published, giving more transparency on strategy (AI, margins, capital allocation) but much depends on execution and updated guidance. Analyst/Investor Day Slideshow
• Negative Sentiment: Legal risk: FedEx is suing the U.S. government to limit exposure to multibillion-dollar class-action suits over surcharge collections — ongoing litigation could create headline risk and potential liabilities. Why FedEx Is Suing US Government
• Negative Sentiment: Valuation concerns: some analysts argue the stock’s >50% one‑year rally leaves limited margin of safety and that valuation may be extended — this is weighing on more value‑oriented investors. Valuation Has Already Traveled Quite Too Far
• Negative Sentiment: Macro/trade risk: reports that the U.S. is considering higher tariffs add uncertainty for global volumes and costs, a potential headwind for freight demand and margins. Trump Tariffs Live Updates

Analyst Ratings Changes

FDX has been the subject of a number of recent analyst reports. Barclays boosted their target price on shares of FedEx from $360.00 to $450.00 and gave the company an "overweight" rating in a report on Tuesday, February 10th. TD Cowen lifted their price target on shares of FedEx from $313.00 to $383.00 and gave the company a "buy" rating in a report on Friday, February 13th. Wells Fargo & Company boosted their price objective on shares of FedEx from $380.00 to $430.00 and gave the company an "overweight" rating in a research note on Friday, February 13th. Wolfe Research upped their price objective on FedEx from $355.00 to $394.00 and gave the stock an "outperform" rating in a report on Tuesday, February 10th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of FedEx in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $371.19.

About FedEx

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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