FedEx (NYSE:FDX) Stock: Insider Claude Russ Sells 16,762 Shares

FedEx Corporation (NYSE:FDX) CFO Claude Russ sold 16,762 shares of the business’s stock in a transaction on Tuesday, November 10th. The stock was sold at an average price of $316.11, for a total transaction of $5,298,635.82. Following the transaction, the chief financial officer owned 4,387 shares in the company, valued at approximately $1,386,774.57. The trade was a 79.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

FedEx Stock Performance

Shares of FDX stock opened at $322.61 on Thursday. The stock has a market cap of $75.56 billion, a P/E ratio of 19.84, a P/E/G ratio of 1.29 and a beta of 1.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.33 and a quick ratio of 1.29. The company has a fifty day moving average price of $302.45 and a two-hundred day moving average price of $337.57. FedEx Corporation has a one year low of $207.83 and a one year high of $345.36.

FedEx (NYSE:FDX) last announced its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.40. The company had revenue of $22.93 billion during the quarter, compared to the consensus estimate of $22.73 billion. FedEx had a net margin of 4.09% and a return on equity of 15.53%. The company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the firm posted $3.83 EPS. As a group, equities analysts predict that FedEx Corporation will post 18.29 EPS for the current year.

FedEx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, September 14th. FedEx’s dividend payout ratio is 30.01%.

Analyst Ratings Changes

FDX has been the subject of several recent research reports. Bank of America reduced their price target on FedEx from $378.00 to $359.00 and set a “buy” rating for the company in a research note on Tuesday, October 27th. Sanford C. Bernstein set a $377.00 price objective on shares of FedEx in a research report on Monday, October 26th. Raymond James Financial set a $162.00 target price on shares of FedEx in a report on Tuesday, November 3rd. Truist Financial cut their price objective on FedEx from $365.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of FedEx from $399.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, FedEx has an average rating of “Moderate Buy” and an average price target of $359.16.

Key FedEx News

Investors following FDX have been watching these news items:

• Positive Sentiment: FedEx raised its fiscal 2026 earnings outlook after quarterly sales rose. Analysts also cite improving margins, strong cash flow and savings from its network overhaul as potential earnings drivers. What FedEx Stock’s Higher Earnings Outlook Means For Shareholders
• Negative Sentiment: CFO Claude Russ sold 16,762 shares, reducing his stake by about 79%. Insider sales can have personal reasons, but the size of the transaction may weigh on sentiment. SEC Form 4 filing
• Negative Sentiment: Commentary warns that FedEx’s valuation may already reflect improved margins and that rising costs could constrain further upside. Is FedEx Stock a Buy as Margins Improve but Valuation Looks Full?

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of FedEx during the second quarter valued at about $6,508,103,000. Primecap Management Co. CA bought a new stake in shares of FedEx in the 2nd quarter worth $2,554,138,000. Dimensional Fund Advisors LP grew its position in FedEx by 2.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,630,669 shares of the shipping service provider’s stock worth $936,688,000 after purchasing an additional 52,963 shares in the last quarter. Boston Partners grew its holdings in shares of FedEx by 1.8% in the third quarter. Boston Partners now owns 2,242,508 shares of the shipping service provider’s stock valued at $639,858,000 after acquiring an additional 38,800 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in FedEx by 6.3% in the 1st quarter. Bank of New York Mellon Corp now owns 2,134,672 shares of the shipping service provider’s stock valued at $760,328,000 after purchasing an additional 125,950 shares during the period. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Company Profile

FedEx Corporation is a global transportation and logistics company that provides delivery, freight, and supply chain services to businesses and consumers. Its offerings include express and ground package delivery, freight transportation, customs clearance, and logistics solutions that help customers manage shipping and distribution. Founded by Frederick W. Smith in 1971, FedEx began operations in 1973. The company serves customers throughout the United States and in international markets, connecting businesses and consumers through its transportation and delivery networks.