Rep. Marjorie Taylor Greene Purchases Shares of FedEx Corporation (NYSE:FDX)

Key Points

• Representative Marjorie Taylor Greene purchased between $15,001 and $50,000 in shares of FedEx Corporation (NYSE:FDX) on August 28th, as disclosed in a filing on August 29th.
• FedEx has announced a quarterly dividend of $1.45 per share, with an ex-dividend date set for September 8th, representing an annualized dividend yield of 2.5%.
• Analysts maintain a generally positive view on FedEx, with the company receiving several "buy" ratings and a consensus target price of $282.96 despite dropped price objectives from some firms.

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of FedEx Corporation NYSE: FDX. In a filing disclosed on August 29th, the Representative disclosed that they had bought between $15,001 and $50,000 in FedEx stock on August 28th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of Southern NYSE: SO on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of Novo Nordisk A/S NYSE: NVO on 8/28/2025.
• Purchased $15,001 - $50,000 in shares of Exelon NASDAQ: EXC on 8/28/2025.
• Purchased $15,001 - $50,000 in shares of Ryman Hospitality Properties NYSE: RHP on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 8/28/2025.

FedEx Stock Up 0.4%

Shares of FedEx stock traded up $0.80 on Wednesday, hitting $224.98. 1,723,816 shares of the company's stock traded hands, compared to its average volume of 1,575,452. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $308.53. The stock has a market cap of $53.08 billion, a P/E ratio of 13.33, a PEG ratio of 1.20 and a beta of 1.20. The company has a quick ratio of 1.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.68. The firm's 50-day moving average is $230.63 and its 200 day moving average is $229.35.

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

FedEx Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC acquired a new stake in FedEx during the second quarter worth $28,000. NewSquare Capital LLC increased its holdings in FedEx by 121.8% during the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider's stock worth $28,000 after purchasing an additional 67 shares during the period. Accredited Wealth Management LLC purchased a new position in FedEx in the fourth quarter worth approximately $35,000. Abound Financial LLC purchased a new stake in FedEx during the 1st quarter worth about $38,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of FedEx during the 4th quarter worth about $43,000. Hedge funds and other institutional investors own 84.47% of the company's stock.

Insiders Place Their Bets

In related news, Director Paul S. Walsh sold 3,610 shares of FedEx stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $238.29, for a total transaction of $860,226.90. Following the sale, the director directly owned 15,513 shares in the company, valued at $3,696,592.77. This trade represents a 18.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Marvin R. Ellison sold 3,610 shares of the business's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $236.94, for a total value of $855,353.40. Following the transaction, the director owned 7,720 shares in the company, valued at $1,829,176.80. The trade was a 31.86% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,343 shares of company stock valued at $2,228,816. 0.53% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

FDX has been the topic of several recent analyst reports. Susquehanna lifted their price objective on FedEx from $290.00 to $295.00 and gave the company a "positive" rating in a report on Wednesday, June 25th. Cowen reiterated a "buy" rating on shares of FedEx in a research note on Wednesday, June 25th. Stifel Nicolaus set a $315.00 target price on FedEx in a research note on Wednesday, June 25th. JPMorgan Chase & Co. lifted their target price on shares of FedEx from $260.00 to $290.00 and gave the company an "overweight" rating in a research note on Wednesday, June 25th. Finally, Wall Street Zen downgraded FedEx from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, FedEx presently has a consensus rating of "Moderate Buy" and a consensus price target of $282.96.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About FedEx

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.