Trexquant Investment LP Invests $27.44 Million in FedEx Corporation $FDX

Key Points

• Trexquant Investment LP has acquired 112,562 shares of FedEx Corporation worth approximately $27.44 million in the first quarter, indicating strong institutional interest in the company.
• Hedge funds, including Vanguard and ACR Alpine Capital Research, have also increased their holdings in FedEx, reflecting a general confidence in the stock despite recent price fluctuations.
• FedEx announced a quarterly dividend of $1.45 per share, with an annual yield of 2.5%, while setting its EPS guidance for Q1 2026 between $3.400 and $4.000.

Trexquant Investment LP acquired a new position in FedEx Corporation (NYSE:FDX - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 112,562 shares of the shipping service provider's stock, valued at approximately $27,440,000.

Several other large investors also recently bought and sold shares of FDX. Accredited Wealth Management LLC bought a new stake in FedEx in the 4th quarter worth about $35,000. Abound Financial LLC bought a new stake in shares of FedEx during the 1st quarter valued at about $38,000. Optiver Holding B.V. bought a new stake in shares of FedEx during the 4th quarter valued at about $39,000. Ameriflex Group Inc. bought a new stake in shares of FedEx during the 4th quarter valued at about $43,000. Finally, Cary Street Partners Investment Advisory LLC grew its stake in shares of FedEx by 60.7% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider's stock valued at $46,000 after purchasing an additional 71 shares during the period. 84.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

FDX has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on FedEx from $260.00 to $290.00 and gave the company an "overweight" rating in a research note on Wednesday, June 25th. BMO Capital Markets cut their price target on FedEx from $275.00 to $260.00 and set a "market perform" rating for the company in a research note on Monday, May 19th. Wall Street Zen downgraded FedEx from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Dbs Bank upgraded FedEx from a "hold" rating to a "moderate buy" rating in a research note on Thursday, August 21st. Finally, Cowen reiterated a "buy" rating on shares of FedEx in a research note on Wednesday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $282.96.

Insider Buying and Selling

In related news, Director Paul S. Walsh sold 3,610 shares of the business's stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total value of $860,226.90. Following the transaction, the director directly owned 15,513 shares of the company's stock, valued at approximately $3,696,592.77. The trade was a 18.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director R Brad Martin sold 2,123 shares of the business's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $241.75, for a total value of $513,235.25. Following the completion of the transaction, the director directly owned 8,935 shares in the company, valued at approximately $2,160,036.25. This represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,343 shares of company stock valued at $2,228,816. Corporate insiders own 0.53% of the company's stock.

FedEx Stock Performance

Shares of NYSE:FDX traded down $0.31 during mid-day trading on Monday, reaching $230.96. 1,485,470 shares of the company traded hands, compared to its average volume of 1,666,445. The company's 50 day moving average price is $230.69 and its 200-day moving average price is $229.65. The firm has a market cap of $54.49 billion, a PE ratio of 13.68, a PEG ratio of 1.20 and a beta of 1.20. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.19 and a quick ratio of 1.15. FedEx Corporation has a 52 week low of $194.29 and a 52 week high of $308.53.

FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 EPS for the quarter, topping analysts' consensus estimates of $5.98 by $0.09. FedEx had a return on equity of 16.34% and a net margin of 4.65%.The company had revenue of $22.20 billion for the quarter, compared to analysts' expectations of $21.86 billion. During the same period in the previous year, the firm earned $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. On average, equities analysts expect that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 8th will be issued a $1.45 dividend. The ex-dividend date of this dividend is Monday, September 8th. This represents a $5.80 dividend on an annualized basis and a yield of 2.5%. FedEx's payout ratio is currently 34.36%.

FedEx 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.