Roundview Capital LLC Has $296,000 Holdings in FedEx Corporation $FDX

Key Points

• Roundview Capital LLC reduced its holdings in FedEx Corporation (FDX) by 52.3% during Q2, now owning 1,302 shares worth $296,000 after selling 1,429 shares.
• FedEx reported $3.83 EPS for the quarter, exceeding expectations and revealed a revenue of $22.20 billion, indicating a 3.1% year-over-year increase.
• The company recently declared a quarterly dividend of $1.45 per share, amounting to an annualized dividend of $5.80 and a yield of 2.4%.

Roundview Capital LLC lessened its position in FedEx Corporation (NYSE:FDX - Free Report) by 52.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,302 shares of the shipping service provider's stock after selling 1,429 shares during the period. Roundview Capital LLC's holdings in FedEx were worth $296,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Abound Financial LLC acquired a new stake in FedEx in the first quarter valued at approximately $38,000. WPG Advisers LLC acquired a new stake in FedEx in the first quarter valued at approximately $43,000. Cary Street Partners Investment Advisory LLC grew its stake in FedEx by 60.7% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider's stock valued at $46,000 after acquiring an additional 71 shares during the period. Alpine Bank Wealth Management acquired a new stake in FedEx in the first quarter valued at approximately $65,000. Finally, Motco boosted its position in shares of FedEx by 61.8% during the first quarter. Motco now owns 267 shares of the shipping service provider's stock valued at $65,000 after buying an additional 102 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on FDX. Weiss Ratings reaffirmed a "hold (c)" rating on shares of FedEx in a research report on Wednesday. Sanford C. Bernstein lifted their target price on FedEx from $247.00 to $250.00 and gave the company a "market perform" rating in a research report on Monday, September 22nd. Bank of America lifted their target price on FedEx from $240.00 to $244.00 and gave the company a "neutral" rating in a research report on Friday, September 19th. Stifel Nicolaus cut their target price on FedEx from $308.00 to $296.00 and set a "buy" rating on the stock in a research report on Wednesday, September 17th. Finally, Cowen reaffirmed a "buy" rating on shares of FedEx in a research report on Wednesday, June 25th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, FedEx presently has a consensus rating of "Moderate Buy" and a consensus target price of $271.25.

FedEx Stock Performance

Shares of FDX opened at $239.95 on Thursday. The firm has a market cap of $56.62 billion, a PE ratio of 14.01, a PEG ratio of 1.35 and a beta of 1.28. The stock's fifty day moving average price is $230.34 and its two-hundred day moving average price is $226.04. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.25 and a quick ratio of 1.21. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $308.53.

FedEx (NYSE:FDX - Get Free Report) last issued its earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.12. The firm had revenue of $22.20 billion for the quarter, compared to analyst estimates of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The business's revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $3.60 earnings per share. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. On average, equities research analysts forecast that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th were paid a $1.45 dividend. The ex-dividend date was Monday, September 8th. This represents a $5.80 annualized dividend and a dividend yield of 2.4%. FedEx's payout ratio is presently 33.86%.

FedEx Company Profile

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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