Insider Selling: FedEx (NYSE:FDX) EVP Sells 26,611 Shares of Stock

Key Points

• FedEx EVP Tracy Brightman sold 26,611 shares at an average price of $316.68, generating approximately $8.43 million and reducing her holdings by 68.49% to 12,245 shares.
• FedEx reported quarterly earnings of $3.74 per share, beating estimates by $0.40, while revenue rose 12.3% year over year to $22.93 billion.
• The company pays a quarterly dividend of $1.22, equivalent to an annualized $4.88 and a 1.6% yield; analysts maintain a “Moderate Buy” consensus with an average price target of $365.84.

FedEx Corporation (NYSE:FDX - Get Free Report) EVP Tracy Brightman sold 26,611 shares of the firm's stock in a transaction on Friday, October 30th. The shares were sold at an average price of $316.68, for a total value of $8,427,171.48. Following the transaction, the executive vice president owned 12,245 shares in the company, valued at approximately $3,877,746.60. This represents a 68.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

FedEx Stock Up 1.8%

NYSE:FDX traded up $5.63 during trading hours on Friday, reaching $313.45. The company's stock had a trading volume of 2,639,574 shares, compared to its average volume of 1,991,132. The company has a market capitalization of $74.18 billion, a P/E ratio of 19.28, a price-to-earnings-growth ratio of 1.23 and a beta of 1.28. The stock has a 50 day moving average price of $304.55 and a two-hundred day moving average price of $337.13. FedEx Corporation has a 12 month low of $198.00 and a 12 month high of $345.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48.

FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, topping analysts' consensus estimates of $3.34 by $0.40. FedEx had a return on equity of 16.15% and a net margin of 4.09%. The firm had revenue of $22.93 billion during the quarter, compared to analysts' expectations of $22.73 billion. During the same quarter last year, the firm earned $3.83 EPS. The business's quarterly revenue was up 12.3% on a year-over-year basis. Equities analysts predict that FedEx Corporation will post 18.27 EPS for the current fiscal year.

FedEx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were paid a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, September 14th. FedEx's dividend payout ratio (DPR) is currently 26.36%.

Analyst Ratings Changes

FDX has been the subject of several recent analyst reports. Evercore raised their target price on FedEx from $350.00 to $351.00 in a research note on Monday, September 28th. Citizens Jmp began coverage on shares of FedEx in a report on Wednesday, July 15th. They set a "market outperform" rating and a $375.00 target price on the stock. Truist Financial cut their price target on FedEx from $365.00 to $350.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th. Sanford C. Bernstein set a $377.00 price objective on shares of FedEx in a report on Monday. Finally, BNP Paribas Exane boosted their price target on shares of FedEx from $269.80 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, FedEx presently has an average rating of "Moderate Buy" and a consensus price target of $365.84.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Quarterly results exceeded expectations. FedEx reported adjusted earnings of $3.74 per share versus the $3.34 consensus estimate, while revenue rose approximately 12% year over year to $22.9 billion, slightly above forecasts. Higher package yields, volume growth and cost savings supported profitability. Reuters FedEx earnings report
• Positive Sentiment: FedEx raised its fiscal 2026 outlook. The company now expects earnings per share of $18.00 to $18.60, above the $17.85 consensus, and revenue of approximately $98.4 billion versus the $91.6 billion estimate. Management cited stronger pricing, premium shipping demand and network savings. Zacks FedEx outlook report
• Positive Sentiment: FedEx Freight’s standalone results were encouraging. Revenue increased 9.2% to $3.3 billion during its four-month transition period, adjusted operating income rose 16.4% to $510 million, and the adjusted margin reached 15.5%. The unit raised its outlook and reported a second consecutive quarter with a record-low claims ratio. Quiver Quantitative FedEx Freight report
• Positive Sentiment: Analyst sentiment improved. HSBC upgraded FedEx to Buy with a $370 target, while JPMorgan maintained an Overweight rating and increased its target to $400. Investors are responding to the potential for pricing discipline and margin expansion. MarketScreener HSBC upgrade
• Neutral Sentiment: FedEx is seeing increased air-freight demand from parcel-focused customers, particularly in high-value areas such as artificial intelligence and data-center logistics. This could broaden growth opportunities, although the impact on near-term earnings remains uncertain. Supply Chain Dive air-freight report
• Negative Sentiment: Investors remain cautious about soft shipment volumes, rising fuel and transportation costs, and margin pressure during the holiday period. GAAP results were also weighed down by Freight-related and spin-off costs, despite the adjusted earnings beat.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. MFG Investments LLC acquired a new stake in FedEx in the 3rd quarter valued at $268,000. Third View Private Wealth LLC boosted its position in FedEx by 16.6% during the third quarter. Third View Private Wealth LLC now owns 1,033 shares of the shipping service provider's stock valued at $294,000 after purchasing an additional 147 shares during the last quarter. Provenance Wealth Advisors LLC bought a new position in FedEx in the third quarter valued at approximately $1,185,000. Putney Financial Group LLC bought a new position in FedEx in the third quarter valued at approximately $25,000. Finally, Integrity Alliance LLC. raised its stake in shares of FedEx by 18.1% during the 3rd quarter. Integrity Alliance LLC. now owns 7,257 shares of the shipping service provider's stock worth $2,069,000 after purchasing an additional 1,112 shares in the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

About FedEx

FedEx Corporation NYSE: FDX is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company's services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.

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