Principal Financial Group Inc. Buys 4,831 Shares of FedEx Corporation $FDX

Key Points

• Principal Financial Group increased its stake in FedEx by 2.0%, buying 4,831 shares to hold 240,667 shares valued at roughly $69.52 million (about 0.10% of FDX) at quarter-end.
• FedEx beat expectations for the quarter—EPS $5.25 vs. $4.12 est. and revenue $24.0B vs. $23.44B—and the stock carries a "Moderate Buy" consensus from analysts with an average target of $398.04.
• Notable insider selling occurred recently: executives sold shares and insiders have offloaded 48,104 shares (≈$17.6M) over the past three months, though insiders still own about 0.53% of the company.

Principal Financial Group Inc. increased its position in shares of FedEx Corporation (NYSE:FDX - Free Report) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 240,667 shares of the shipping service provider's stock after purchasing an additional 4,831 shares during the period. Principal Financial Group Inc. owned approximately 0.10% of FedEx worth $69,519,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in FDX. Ulland Investment Advisors LLC acquired a new position in shares of FedEx in the fourth quarter valued at about $29,000. ORG Partners LLC boosted its holdings in FedEx by 50.0% in the 4th 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 period. Camelot Portfolios LLC bought a new stake in FedEx in the 4th quarter valued at about $31,000. Grey Fox Wealth Advisors LLC bought a new position in shares of FedEx during the third quarter worth approximately $27,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of FedEx in the third quarter valued at approximately $28,000. 84.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FDX has been the topic of a number of recent research reports. Wall Street Zen lowered FedEx from a "strong-buy" rating to a "buy" rating in a research note on Sunday, April 12th. Morgan Stanley raised their price target on FedEx from $220.00 to $230.00 and gave the stock an "underweight" rating in a research report on Friday, March 20th. Jefferies Financial Group upped their price objective 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. JPMorgan Chase & Co. reissued a "neutral" rating on shares of FedEx in a report on Thursday, April 9th. Finally, Argus upped their price target on shares of FedEx from $350.00 to $400.00 and gave the stock a "buy" rating in a report on Monday, April 6th. Eighteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $398.04.

FedEx Stock Down 0.4%

FDX stock opened at $375.50 on Friday. The firm has a 50-day moving average price of $370.10 and a 200-day moving average price of $323.04. FedEx Corporation has a 12 month low of $214.35 and a 12 month high of $404.03. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $89.60 billion, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 1.43 and a beta of 1.29.

FedEx (NYSE:FDX - Get Free Report) last released its quarterly earnings data on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $1.13. The business had revenue of $24 billion during the quarter, compared to analysts' expectations of $23.44 billion. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company earned $4.51 EPS. As a group, equities research analysts anticipate that FedEx Corporation will post 19.72 EPS for the current fiscal year.

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Monday, March 9th were issued a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, March 9th. FedEx's payout ratio is 30.87%.

Insider Transactions at FedEx

In other news, EVP Kawal Preet sold 4,900 shares of the company's stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the transaction, the executive vice president owned 10,953 shares of the company's stock, valued at $4,029,499.17. This represents a 30.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 completion of the transaction, the executive vice president owned 11,052 shares of the company's stock, valued at approximately $4,017,070.44. This trade represents a 60.54% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 48,104 shares of company stock valued at $17,599,006. 0.53% of the stock is currently owned by company insiders.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Analyst support — UBS reaffirmed a buy rating on FedEx, reinforcing confidence among growth/value investors. FedEx receives a buy rating from UBS
• Positive Sentiment: Momentum + valuation screen — recent pieces flag FDX as a “fast‑paced momentum” stock that still screens as reasonably valued, supporting interest from momentum/value investors. Fast-paced Momentum Stock FedEx (FDX) Is Still Trading at a Bargain Fast-paced Momentum Stock FedEx (FDX) Is Still Trading at a Bargain (Zacks)
• Positive Sentiment: Strategic partnership: Locate Technologies detailed a three‑year tech/services agreement with FedEx Australia, signaling investment in technology and regional network capabilities. Locate Technologies signs three-year FedEx Australia deal to expand logistics footprint
• Neutral Sentiment: Real estate/ops note — JRW Realty announced a transaction for a FedEx Ground distribution center in Little Rock, which is an operational footprint item with limited near‑term earnings impact. JRW Realty Facilitates Acquisition of FedEx Ground Distribution Center in Little Rock
• Neutral Sentiment: Corporate PR — FedEx and nonprofit Orbis won a Halo Award for philanthropic work; positive for brand but limited direct financial impact. FedEx and Orbis Earn "Best of the Best" Halo Award: Delivering Sight Worldwide
• Neutral Sentiment: Macroeconomic note — Bloomberg reports U.S. tariff refunds are being paid to importers; broader trade policy shifts could change cost/volume dynamics for shippers but the immediate effect on FedEx is mixed. Trump Tariff Refunds Start Hitting Importers’ Bank Accounts
• Negative Sentiment: Competitive risk — Supply Chain Dive outlines Amazon Supply Chain Services’ expanding logistics offerings; experts note attractive qualities for shippers and open questions on capacity allocation, underscoring intensified competition for FedEx. Is Amazon Supply Chain Services already a logistics heavyweight?
• Negative Sentiment: Sector headwinds — coverage highlights caution on the transportation sector (rising fuel costs, Amazon disruption); some analysts recommend ETFs over individual transport names, pressuring sentiment for carriers like FedEx. What's Wrong With Transportation Sector? Buy These ETFs Instead What's Wrong With Transportation Sector? Buy These ETFs Instead (Zacks)
• Negative Sentiment: Analyst caution — a Seeking Alpha piece cites Amazon pressure and freight risks as reasons to remain cautious/neutral on FedEx, echoing investor concern about margin and volume pressures. FedEx: Amazon Pressure And Freight Risks Keep Me Neutral

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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