Venture Visionary Partners LLC Has $1.19 Million Stock Holdings in FedEx Corporation $FDX

Key Points

• Venture Visionary Partners LLC has reduced its holdings in FedEx Corporation by 41.7%, dropping to $1.19 million in stock value after selling 3,485 shares.
• FedEx recently posted earnings of $6.07 EPS, exceeding analysts' expectations and reporting revenue of $22.20 billion for the quarter.
• The company has announced a quarterly dividend of $1.45 per share, reflecting an annualized dividend yield of 2.6%.

Venture Visionary Partners LLC decreased its holdings in FedEx Corporation (NYSE:FDX - Free Report) by 41.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 4,879 shares of the shipping service provider's stock after selling 3,485 shares during the period. Venture Visionary Partners LLC's holdings in FedEx were worth $1,190,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Transce3nd LLC bought a new stake in FedEx during the 4th quarter worth $26,000. Accredited Wealth Management LLC acquired a new position in FedEx during the 4th quarter worth about $35,000. Optiver Holding B.V. acquired a new position in FedEx during the 4th quarter worth about $39,000. Abound Financial LLC acquired a new position in shares of FedEx in the 1st quarter valued at about $38,000. Finally, Ameriflex Group Inc. acquired a new position in shares of FedEx in the 4th quarter valued at about $43,000. Institutional investors own 84.47% of the company's stock.

FedEx Price Performance

NYSE:FDX opened at $227.2250 on Thursday. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $308.53. The stock has a fifty day moving average of $229.69 and a 200 day moving average of $231.25. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.19. The firm has a market capitalization of $53.61 billion, a price-to-earnings ratio of 13.46, a P/E/G ratio of 1.21 and a beta of 1.30.

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

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 8th will be given a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, September 8th. FedEx's payout ratio is presently 34.36%.

Insider Buying and Selling

In related news, Director Marvin R. Ellison sold 3,610 shares of the business's stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $236.94, for a total transaction of $855,353.40. Following the completion of the transaction, the director directly owned 7,720 shares in the company, valued at $1,829,176.80. The trade was a 31.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director R Brad Martin sold 2,123 shares of the business's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $241.75, for a total value of $513,235.25. Following the transaction, the director owned 8,935 shares of the company's stock, valued at approximately $2,160,036.25. The trade was a 19.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,343 shares of company stock worth $2,228,816 over the last ninety days. 8.87% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. BMO Capital Markets dropped their price target on FedEx from $275.00 to $260.00 and set a "market perform" rating on the stock in a research note on Monday, May 19th. JPMorgan Chase & Co. lifted their target price on FedEx from $260.00 to $290.00 and gave the company an "overweight" rating in a research report on Wednesday, June 25th. BNP Paribas Exane upgraded FedEx from an "underperform" rating to an "outperform" rating and set a $270.00 price target on the stock in a report on Thursday, July 3rd. Bank of America lowered their price target on shares of FedEx from $270.00 to $245.00 and set a "buy" rating on the stock in a report on Wednesday, June 25th. Finally, Citigroup decreased their target price on FedEx from $278.00 to $275.00 and set a "buy" rating for the company in a research report on Monday. One research 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $283.13.

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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