Korea Investment CORP Raises Stock Position in FedEx Corporation $FDX

Key Points

• Korea Investment CORP increased its FedEx stake by 45.3% in Q3, buying 61,553 shares to hold 197,477 shares worth about $46.57 million (≈0.08% of the company).
• Analyst sentiment is broadly positive — MarketBeat shows a consensus rating of Moderate Buy with an average target of $366.19, and several firms have lifted targets (e.g., Jefferies to $450) while most analysts rate FDX Buy or Strong Buy.
• FedEx beat Q results ($4.82 EPS vs. $4.02 est.), set FY2026 EPS guidance of 17.80–19.00, and announced a $1.45 quarterly dividend (annualized $5.80, ~1.6% yield; ex-dividend Mar 9).

Korea Investment CORP boosted its stake in shares of FedEx Corporation (NYSE:FDX - Free Report) by 45.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 197,477 shares of the shipping service provider's stock after purchasing an additional 61,553 shares during the period. Korea Investment CORP owned approximately 0.08% of FedEx worth $46,567,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FDX. Grey Fox Wealth Advisors LLC acquired a new position in shares of FedEx in the 3rd quarter valued at about $27,000. Twin Peaks Wealth Advisors LLC purchased a new position in FedEx during the second quarter valued at approximately $28,000. Ameriflex Group Inc. raised its position in FedEx by 103.3% during the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider's stock valued at $29,000 after acquiring an additional 63 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in FedEx in the third quarter valued at approximately $39,000. Finally, Physician Wealth Advisors Inc. boosted its position in FedEx by 27.5% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 218 shares of the shipping service provider's stock worth $51,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on FDX. Jefferies Financial Group raised their price objective on shares of FedEx from $425.00 to $450.00 and gave the stock a "buy" rating in a research note on Tuesday, March 3rd. The Goldman Sachs Group set a $364.00 price target on shares of FedEx and gave the stock a "buy" rating in a report on Thursday, February 12th. BMO Capital Markets raised their price target on shares of FedEx from $290.00 to $400.00 and gave the company a "market perform" rating in a research report on Friday, February 13th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of FedEx in a report on Tuesday, January 20th. Finally, Bank of America upped their price objective on shares of FedEx from $408.00 to $414.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. 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 issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $366.19.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Federal court actions opened the path for large tariff refunds, which markets interpret as a potential multi‑billion-dollar flow into the shipping ecosystem and gave FedEx a bullish technical/momentum lift. FedEx Momentum Soars On Possible Billion-Dollar Windfall
• Positive Sentiment: Unusually large options activity — ~90,537 call contracts traded (825% above average) — signals aggressive bullish positioning from traders and can amplify price moves (on the upside or as part of short-term speculative flows).
• Positive Sentiment: Analyst/upside updates: at least one recent price-target lift (to $450) and multiple buy/overweight ratings are supporting upside sentiment and provide fundamental backing for investors rotating into FDX. FedEx Price Target Raised to $450.00
• Neutral Sentiment: Corporate actions — FedEx is progressing with the planned FedEx Freight spin‑off (targeted milestones remain), and related financing steps have been disclosed; these are strategic but introduce timing and financing variables that investors are digesting.
• Negative Sentiment: Tariff‑refund execution uncertainty and legal/process timing created a countervailing risk: markets are debating whether refunds will materially benefit FedEx (the company has said any refunds would be returned to shippers) and how refunds will be handled operationally, which weighed on sentiment and prompted de‑risking ahead of earnings and the Freight separation. FedEx slides as tariff-refund uncertainty and pre-earnings positioning weigh on sentiment

FedEx Trading Down 3.9%

Shares of FDX opened at $358.96 on Monday. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $392.86. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The firm's fifty day moving average is $339.85 and its two-hundred day moving average is $282.91. The stock has a market cap of $84.40 billion, a PE ratio of 19.79, a price-to-earnings-growth ratio of 1.71 and a beta of 1.29.

FedEx (NYSE:FDX - Get Free Report) last issued its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating analysts' consensus estimates of $4.02 by $0.80. The business had revenue of $23.47 billion during the quarter, compared to analysts' expectations of $22.79 billion. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Research analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Dividend Announcement

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

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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