OP Asset Management Ltd Makes New $8.07 Million Investment in FedEx Corporation $FDX

OP Asset Management Ltd bought a new stake in FedEx Corporation (NYSE:FDX) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,665 shares of the shipping service provider’s stock, valued at approximately $8,073,000.

Other hedge funds also recently modified their holdings of the company. EFG International AG bought a new stake in FedEx during the 4th quarter worth approximately $27,000. Wealth Watch Advisors INC bought a new position in FedEx in the third quarter valued at approximately $28,000. Ameriflex Group Inc. boosted its holdings in shares of FedEx by 103.3% in 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 period. Ulland Investment Advisors LLC bought a new stake in shares of FedEx during the fourth quarter worth $29,000. Finally, Tucker Asset Management LLC bought a new stake in shares of FedEx during the fourth quarter worth $29,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Stock Performance

Shares of FedEx stock opened at $328.93 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. FedEx Corporation has a twelve month low of $172.88 and a twelve month high of $345.36. The stock has a market cap of $78.49 billion, a price-to-earnings ratio of 17.77, a P/E/G ratio of 1.44 and a beta of 1.28. The company’s fifty day moving average is $364.66 and its 200 day moving average is $346.57.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Tuesday, June 23rd. The shipping service provider reported $6.31 EPS for the quarter, topping analysts’ consensus estimates of $5.91 by $0.40. FedEx had a return on equity of 16.49% and a net margin of 4.68%.The company had revenue of $25.01 billion for the quarter, compared to analyst estimates of $24.04 billion. During the same period in the previous year, the firm earned $6.07 earnings per share. The firm’s quarterly revenue was up 12.5% on a year-over-year basis. FedEx has set its FY 2027 guidance at 16.900-18.100 EPS. Sell-side analysts forecast that FedEx Corporation will post 21.59 EPS for the current year.

FedEx Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 22nd will be given a $1.22 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. FedEx’s dividend payout ratio (DPR) is 25.97%.

Insiders Place Their Bets

In other news, EVP Tracy B. Brightman sold 16,959 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $363.47, for a total value of $6,164,087.73. Following the transaction, the executive vice president directly owned 11,052 shares of the company’s stock, valued at $4,017,070.44. The trade was a 60.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Susan C. Schwab sold 5,795 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $369.00, for a total value of $2,138,355.00. Following the sale, the director directly owned 10,038 shares of the company’s stock, valued at $3,704,022. This represents a 36.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 48,104 shares of company stock valued at $17,599,006 over the last 90 days. 0.53% of the stock is owned by company insiders.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx posted a Q4 earnings beat, with adjusted EPS of $6.31 and revenue of $25.01 billion, both above estimates. Management also raised its fiscal 2026 revenue outlook and said volume trends improved, including stronger U.S. domestic and international export package demand. Article Title
• Positive Sentiment: Bank of America highlighted strong underlying momentum, saying the selloff appears driven more by reporting-transition “noise” than by operational weakness, and kept a bullish view on the stock. Article Title
• Positive Sentiment: FedEx announced $4.15 billion in cash tender offers for debt, which could help improve balance-sheet efficiency and support future shareholder returns if successfully executed. Article Title
• Neutral Sentiment: FedEx Freight, now a standalone business, said it expects margin growth in the second half of the year and reported revenue that beat expectations in its first standalone earnings report. That may support the broader thesis, but it is not directly lifting FedEx’s core stock reaction today. Article Title
• Negative Sentiment: Several outlets and analysts said the stock fell because operating margins dropped, the 2026 outlook disappointed some investors, and the freight spin-off created added uncertainty about near-term profitability. Article Title
• Negative Sentiment: TD Cowen cut its price target on FedEx, adding to the cautious analyst tone after earnings and reinforcing concerns that profit recovery may take longer than expected. Article Title

Analysts Set New Price Targets

A number of equities analysts have issued reports on FDX shares. Evercore lowered their target price on FedEx from $390.00 to $355.00 in a report on Thursday, June 18th. Zacks Research downgraded FedEx from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Barclays dropped their target price on FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 17th. Jefferies Financial Group initiated coverage on FedEx in a research report on Tuesday. They set a “buy” rating and a $200.00 price target for the company. Finally, Wells Fargo & Company decreased their price target on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating for the company in a research note on Wednesday, June 17th. Eighteen investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, FedEx has an average rating of “Moderate Buy” and a consensus price target of $356.91.

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.