Teacher Retirement System of Texas Sells 11,030 Shares of FedEx Corporation $FDX

Teacher Retirement System of Texas trimmed its position in shares of FedEx Corporation (NYSE:FDX) by 19.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,449 shares of the shipping service provider’s stock after selling 11,030 shares during the period. Teacher Retirement System of Texas’ holdings in FedEx were worth $10,482,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC bought a new position in shares of FedEx in the 3rd quarter valued at about $27,000. NewSquare Capital LLC lifted its stake in FedEx by 121.8% in the 2nd quarter. NewSquare Capital LLC now owns 122 shares of the shipping service provider’s stock valued at $28,000 after purchasing an additional 67 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in FedEx during the second quarter worth about $28,000. City Holding Co. grew its holdings in FedEx by 167.0% during the third quarter. City Holding Co. now owns 267 shares of the shipping service provider’s stock worth $63,000 after purchasing an additional 167 shares during the period. Finally, Quent Capital LLC acquired a new position in FedEx during the third quarter worth approximately $71,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx launched a private offering of senior notes to finance the planned FedEx Freight spin-off — a concrete step that advances the separation and could unlock value if executed as planned. FedEx Announces Launch of FedEx Freight’s Offering of Senior Notes in Connection with Planned Spin-Off
• Positive Sentiment: Argus upgraded FedEx to a “strong-buy,” signaling bullish analyst conviction that could support the stock if other investors follow. FedEx (NYSE:FDX) Stock Price Expected to Rise, Argus Analyst Says
• Positive Sentiment: Several value-oriented write-ups highlight FedEx as a long-term value opportunity (Zacks, MSN), reinforcing a narrative that recent operational changes and potential spin-off benefits make FDX attractive on valuation metrics. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: J.P. Morgan keeps a Hold rating — a reminder that tier-1 coverage remains cautious despite corporate activity; this tempers conviction among some institutional investors. J.P. Morgan Maintains Hold Rating on FedEx: What Investors Should Know
• Neutral Sentiment: High-profile endorsement: Jim Cramer has publicly praised the CEO and FedEx’s strategy, which can help sentiment but may not move fundamentals immediately. FedEx (FDX) CEO is Doing A Terrific Job, Says Jim Cramer
• Negative Sentiment: FedEx outlined a major overhaul of its French operations that could cut up to 500 jobs and involves up to €78M in investment — a move that carries near-term restructuring costs, potential service disruption and execution risk that investors may penalize. FedEx to cut up to 500 jobs in France; restructures operations FedEx Details French Operations Overhaul, Job Cuts Expected
• Negative Sentiment: Rothschild & Co (Redburn) downgraded FedEx to Neutral, arguing that recent rally already priced in the benefits of the LTL spin-off — a viewpoint that can sap momentum and contributed to today’s weaker trade. Rothschild & Co Redburn Downgrades FedEx (NYSE:FDX) to Neutral

FedEx Stock Performance

Shares of NYSE FDX opened at $304.22 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The firm has a market cap of $71.53 billion, a price-to-earnings ratio of 16.77, a P/E/G ratio of 1.53 and a beta of 1.35. The stock’s fifty day moving average price is $288.62 and its two-hundred day moving average price is $254.55. FedEx Corporation has a one year low of $194.29 and a one year high of $318.83.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The company had revenue of $23.47 billion during the quarter, compared to analysts’ expectations of $22.79 billion. During the same quarter in the previous year, the business posted $4.05 earnings per share. FedEx’s quarterly revenue was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, equities analysts forecast that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 15th were issued a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.80 annualized dividend and a dividend yield of 1.9%. FedEx’s dividend payout ratio (DPR) is currently 31.97%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on FDX. Evercore ISI raised their price objective on FedEx from $275.00 to $288.00 in a research report on Friday, December 19th. Rothschild & Co Redburn cut FedEx from a “buy” rating to a “neutral” rating and set a $271.00 price target on the stock. in a research note on Wednesday, January 21st. TD Cowen reaffirmed a “buy” rating on shares of FedEx in a research report on Friday, December 19th. Redburn Partners set a $271.00 price objective on shares of FedEx in a report on Wednesday. Finally, Barclays increased their price objective on shares of FedEx from $320.00 to $360.00 and gave the company an “overweight” rating in a research report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, FedEx presently has an average rating of “Hold” and an average target price of $303.86.

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.