SG Americas Securities LLC Sells 44,502 Shares of FedEx Corporation $FDX

SG Americas Securities LLC trimmed its stake in shares of FedEx Corporation (NYSE:FDX) by 28.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 110,061 shares of the shipping service provider’s stock after selling 44,502 shares during the period. SG Americas Securities LLC’s holdings in FedEx were worth $31,792,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ulland Investment Advisors LLC bought a new position in shares of FedEx during the 4th quarter valued at about $29,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of FedEx in the third quarter worth about $27,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of FedEx in the second quarter worth about $28,000. Wealth Watch Advisors INC purchased a new stake in shares of FedEx in the third quarter worth about $28,000. Finally, Ameriflex Group Inc. boosted its stake in FedEx by 103.3% during the third quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock valued at $29,000 after buying an additional 63 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors.

FedEx Trading Down 0.6%

Shares of FDX stock opened at $357.69 on Thursday. The company has a market cap of $85.35 billion, a PE ratio of 19.04, a price-to-earnings-growth ratio of 1.58 and a beta of 1.29. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $392.86. The stock’s 50 day simple moving average is $353.97 and its two-hundred day simple moving average is $294.05. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.47 and a quick ratio of 1.44.

FedEx (NYSE:FDX) last released its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The firm had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. During the same quarter in the previous year, the company posted $4.51 EPS. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. Research analysts predict that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

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 paid a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s payout ratio is currently 30.87%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FDX. HSBC upgraded FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price target for the company in a report on Friday, March 20th. BMO Capital Markets increased their target price on FedEx from $400.00 to $410.00 and gave the company a “market perform” rating in a research report on Friday, March 20th. Bank of America raised their target price on shares of FedEx from $431.00 to $440.00 and gave the company a “buy” rating in a report on Friday, March 20th. Wells Fargo & Company boosted their price target on shares of FedEx from $430.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Finally, Argus upped their price target on shares of FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, FedEx has an average rating of “Moderate Buy” and a consensus price target of $393.85.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Amazon expands free returns to 10,000+ U.S. drop‑off points, increasing potential package volume and utilization at FedEx drop‑off locations. Amazon Teams With FedEx to Expand Free Returns Program
• Positive Sentiment: More than 1,500 FedEx Office locations now accept box‑free Amazon returns, which should help drive foot traffic and incremental volume/fee revenue for FedEx’s retail network. Amazon and FedEx, together again, this time for e-commerce returns
• Positive Sentiment: Market and analyst sentiment is improving: FedEx is among the most‑upgraded names this year and the proposed freight/package split is being framed as a value‑unlock that could improve multiples and capital returns. (Analyst upgrades/price targets cited by MarketBeat.)
• Neutral Sentiment: FedEx launched FedEx SameDay Local via a OneRail partnership, offering 2‑hour or end‑of‑day options — a strategic product expansion that could grow revenue but whose profitability and pricing will depend on retailer adoption and cost control. FedEx launches same-day delivery service amid US delivery race
• Negative Sentiment: Same‑day expansion also highlights competitive pressure from Amazon, Walmart and UPS; investors worry about margin dilution and rising last‑mile costs if pricing or scale aren’t managed. Coverage notes the race to speed up deliveries could compress yields. FedEx launches same-day delivery with OneRail as Amazon, Walmart boost their speeds
• Negative Sentiment: Despite recent beats and market‑share gains, some analysts remain cautious (a mix of Holds and at least one Underweight) and commentary notes FDX has lagged at times — leaving room for profit‑taking after the stock’s strong run. FedEx Stock (FDX) Lags as Logistics Giant Joins the Same-Day Delivery Race

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.