Chevy Chase Trust Holdings LLC Sells 5,674 Shares of FedEx Corporation $FDX

Chevy Chase Trust Holdings LLC lowered its stake in FedEx Corporation (NYSE:FDX) by 4.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 111,985 shares of the shipping service provider’s stock after selling 5,674 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in FedEx were worth $26,407,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. BHK Investment Advisors LLC increased its stake in shares of FedEx by 1.4% in the third quarter. BHK Investment Advisors LLC now owns 3,074 shares of the shipping service provider’s stock worth $725,000 after buying an additional 41 shares during the period. Probity Advisors Inc. boosted its position in FedEx by 2.2% during the 3rd quarter. Probity Advisors Inc. now owns 1,981 shares of the shipping service provider’s stock valued at $467,000 after buying an additional 43 shares during the period. Quadrant Capital Group LLC boosted its position in FedEx by 0.5% during the 3rd quarter. Quadrant Capital Group LLC now owns 7,884 shares of the shipping service provider’s stock valued at $1,859,000 after buying an additional 43 shares during the period. Joel Isaacson & Co. LLC grew its holdings in FedEx by 1.7% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,617 shares of the shipping service provider’s stock worth $617,000 after acquiring an additional 44 shares during the last quarter. Finally, Triglav Investments D.O.O. grew its holdings in FedEx by 0.8% in the 3rd quarter. Triglav Investments D.O.O. now owns 5,704 shares of the shipping service provider’s stock worth $1,344,000 after acquiring an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

FedEx Price Performance

FDX stock opened at $352.54 on Tuesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $392.86. The firm has a 50-day moving average of $347.59 and a 200 day moving average of $288.19. The company has a market cap of $82.89 billion, a P/E ratio of 19.43, a PEG ratio of 1.67 and a beta of 1.29.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business had revenue of $23.47 billion for the quarter, compared to analysts’ expectations of $22.79 billion. During the same period in the previous year, the firm posted $4.05 EPS. The business’s 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, sell-side analysts forecast that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be given a dividend of $1.45 per share. The ex-dividend date is Monday, March 9th. This represents a $5.80 annualized dividend and a dividend yield of 1.6%. FedEx’s payout ratio is currently 31.97%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Bank of America upped their price objective on shares of FedEx from $408.00 to $414.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Sanford C. Bernstein restated an “outperform” rating and set a $457.00 price target on shares of FedEx in a report on Friday, March 6th. Truist Financial upped their price target on FedEx from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of FedEx in a research report on Monday, December 29th. Finally, Zacks Research raised FedEx from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $371.19.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx announced a partnership with Returnity to roll out reusable, FedEx‑specific B2B shipping containers that could lower packing costs and support sustainability goals — a potential long‑term margin tailwind. FedEx partners with Returnity to introduce reusable boxes for B2B shipping
• Positive Sentiment: Analysts have been lifting targets and the consensus rating sits around “Moderate Buy,” signaling broker optimism ahead of the quarter. FedEx Corporation (NYSE:FDX) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Street research (Zacks/Yahoo) highlights rising Q3 estimates and expected margin support from DRIVE cost cuts, AI efficiencies and January rate hikes — factors likely propping up the stock into earnings. FedEx to Report Q3 Earnings: Should You Buy, Sell or Hold the Stock?
• Positive Sentiment: Technical analysts argue momentum could push FDX back toward year‑to‑date highs (~$391), which can attract momentum and swing traders ahead of the print. FedEx Stock Price Analysis Ahead Of Earnings: Buy Or Sell?
• Positive Sentiment: Broader market tailwinds — U.S. futures lifted by cooler oil prices — ease near‑term fuel‑cost pressure for carriers, supporting sentiment for transport names including FDX. U.S. Stock Futures in Green on Cooler Oil Prices
• Neutral Sentiment: Pre‑earnings previews dig into line‑item estimates beyond EPS/revenue, useful for investors modeling margins, volumes and capital allocation around the freight spin‑off. Countdown to FedEx (FDX) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Market previews emphasize oil and macro headlines as the main narratives for this earnings week — these can swing results interpretation but are external to FedEx’s core execution. ‘It’s all about oil’ as FedEx kicks off earnings this week
• Negative Sentiment: Competitive pressure: Amazon has surpassed the U.S. Postal Service as the largest U.S. parcel carrier, and independents are taking share — a structural headwind for FedEx’s volume and pricing power. Amazon overtakes US Postal Service as largest parcel carrier
• Negative Sentiment: Retail trader sentiment on Reddit has turned bearish around the planned freight spin‑off, which could increase short interest and create volatility into the separation date. FedEx Is Up ~22% This Year but Reddit Traders Are Betting Against the Freight Spin-Off
• Negative Sentiment: Oil and geopolitical risk remain material: recent commentary warns oil spikes and Middle East shipping risks could raise fuel and operating costs, pressuring margins if prices surge. All Eyes on Oil! FedEx (FDX) to Report Q3 Earnings amid Middle East Shipping Risks

About FedEx

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.