Dorsey & Whitney Trust CO LLC Buys 193 Shares of FedEx Corporation $FDX

Dorsey & Whitney Trust CO LLC grew its stake in shares of FedEx Corporation (NYSE:FDX) by 5.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,887 shares of the shipping service provider’s stock after buying an additional 193 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in FedEx were worth $883,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after acquiring an additional 207 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of FedEx by 1.7% during the first quarter. Private Advisor Group LLC now owns 18,897 shares of the shipping service provider’s stock valued at $4,607,000 after purchasing an additional 319 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of FedEx by 5.6% during the first quarter. IFP Advisors Inc now owns 7,149 shares of the shipping service provider’s stock worth $1,743,000 after purchasing an additional 376 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of FedEx by 250.5% in the first quarter. J.W. Cole Advisors Inc. now owns 5,275 shares of the shipping service provider’s stock valued at $1,286,000 after buying an additional 3,770 shares during the period. Finally, Teachers Retirement System of The State of Kentucky raised its holdings in FedEx by 3.9% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 17,345 shares of the shipping service provider’s stock valued at $4,228,000 after buying an additional 659 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on FDX shares. Raymond James Financial reissued an “outperform” rating and set a $255.00 target price on shares of FedEx in a report on Thursday, September 18th. Wall Street Zen upgraded FedEx from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Stephens reaffirmed an “overweight” rating and set a $260.00 target price on shares of FedEx in a research report on Tuesday, October 14th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of FedEx in a research report on Thursday, November 13th. Finally, Jefferies Financial Group raised their price objective on FedEx from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $276.08.

FedEx Stock Performance

FDX stock opened at $263.48 on Wednesday. The firm has a market cap of $62.17 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 1.47 and a beta of 1.31. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73. The stock has a 50-day moving average price of $242.97 and a 200-day moving average price of $232.63. FedEx Corporation has a 1-year low of $194.29 and a 1-year high of $308.53.

FedEx (NYSE:FDX) last released its earnings results on Thursday, September 18th. The shipping service provider reported $3.83 EPS for the quarter, topping the consensus estimate of $3.71 by $0.12. The business had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The firm’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.60 earnings per share. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. As a group, equities research analysts expect that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Profile

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.