Strs Ohio Reduces Position in FedEx Corporation $FDX

Key Points

• Strs Ohio reduced its stake in FedEx by 12.4% in Q4, selling 29,956 shares and ending the period with 211,067 shares valued at approximately $60.97 million.
• FedEx topped March‑quarter estimates with EPS $5.25 (vs. $4.12) and ~$24B revenue, leading several analysts to raise price targets; MarketBeat's consensus rating is a Moderate Buy with an average target of $398.04.
• Insiders sold 48,104 shares worth about $17.6 million in the last quarter (including transactions by a director and an EVP), while institutional investors hold roughly 84.47% of the company.

Strs Ohio decreased its position in FedEx Corporation (NYSE:FDX - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 211,067 shares of the shipping service provider's stock after selling 29,956 shares during the period. Strs Ohio owned 0.09% of FedEx worth $60,969,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Ulland Investment Advisors LLC purchased a new stake in shares of FedEx in the 4th quarter valued at approximately $29,000. ORG Partners LLC grew its stake in shares of 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 buying an additional 35 shares during the period. Camelot Portfolios LLC purchased a new stake in shares of FedEx in the 4th quarter valued at approximately $31,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of FedEx in the 3rd quarter valued at approximately $27,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of FedEx in the 3rd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 84.47% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Stifel Nicolaus increased their price target on shares of FedEx from $425.00 to $442.00 in a research note on Friday, April 10th. Morgan Stanley increased their price target on shares of FedEx from $220.00 to $230.00 and gave the company an "underweight" rating in a research note on Friday, March 20th. Evercore increased their price target on shares of FedEx from $364.00 to $380.00 in a research note on Tuesday, February 24th. JPMorgan Chase & Co. reissued a "neutral" rating on shares of FedEx in a research note on Thursday, April 9th. Finally, BNP Paribas Exane set a $280.00 price target on shares of FedEx and gave the company a "neutral" rating in a research note 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 company's stock. According to MarketBeat, FedEx has an average rating of "Moderate Buy" and an average price target of $398.04.

Insider Activity at FedEx

In other news, Director Susan C. Schwab sold 5,795 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total value of $2,138,355.00. Following the transaction, the director directly owned 10,038 shares in the company, valued at approximately $3,704,022. This represents a 36.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Tracy B. Brightman sold 16,959 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was 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 in the company, valued at approximately $4,017,070.44. This represents a 60.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 48,104 shares of company stock valued at $17,599,006. 0.53% of the stock is owned by insiders.

FedEx Stock Performance

Shares of FDX stock opened at $393.79 on Friday. The firm's 50 day moving average price is $370.95 and its 200-day moving average price is $318.96. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47. FedEx Corporation has a one year low of $211.89 and a one year high of $404.03. The firm has a market cap of $93.96 billion, a P/E ratio of 20.96, a P/E/G ratio of 1.53 and a beta of 1.29.

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

FedEx Dividend Announcement

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

Trending Headlines about FedEx

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.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.