Pure Financial Advisors LLC Has $424,000 Stake in FedEx Corporation $FDX

Pure Financial Advisors LLC raised its stake in FedEx Corporation (NYSE:FDX) by 22.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,864 shares of the shipping service provider’s stock after buying an additional 338 shares during the quarter. Pure Financial Advisors LLC’s holdings in FedEx were worth $424,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in FDX. Robeco Institutional Asset Management B.V. raised its position in shares of FedEx by 14.8% during the second quarter. Robeco Institutional Asset Management B.V. now owns 67,561 shares of the shipping service provider’s stock worth $15,357,000 after purchasing an additional 8,733 shares during the period. Loudon Investment Management LLC raised its position in shares of FedEx by 5.0% during the second quarter. Loudon Investment Management LLC now owns 1,050 shares of the shipping service provider’s stock worth $239,000 after purchasing an additional 50 shares during the period. Panoramic Capital Partners LLC acquired a new stake in shares of FedEx during the second quarter worth about $210,000. PFG Investments LLC raised its position in shares of FedEx by 4.6% during the second quarter. PFG Investments LLC now owns 4,614 shares of the shipping service provider’s stock worth $1,049,000 after purchasing an additional 201 shares during the period. Finally, Generali Investments CEE investicni spolecnost a.s. raised its position in shares of FedEx by 30.6% during the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 23,900 shares of the shipping service provider’s stock worth $5,433,000 after purchasing an additional 5,600 shares during the period. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Stock Up 0.7%

FDX stock opened at $244.14 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.25 and a debt-to-equity ratio of 0.73. The business has a 50 day moving average price of $229.77 and a two-hundred day moving average price of $226.00. The company has a market cap of $57.61 billion, a price-to-earnings ratio of 14.25, a P/E/G ratio of 1.34 and a beta of 1.28. FedEx Corporation has a twelve month low of $194.29 and a twelve month high of $308.53.

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

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th were paid a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, September 8th. FedEx’s dividend payout ratio (DPR) is currently 33.86%.

Insider Buying and Selling at FedEx

In other FedEx news, Director Paul S. Walsh sold 3,610 shares of the firm’s stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $238.29, for a total value of $860,226.90. Following the completion of the transaction, the director directly owned 15,513 shares in the company, valued at $3,696,592.77. This trade represents a 18.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director R Brad Martin sold 2,123 shares of the firm’s stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $241.75, for a total value of $513,235.25. Following the completion of the transaction, the director owned 8,935 shares of the company’s stock, valued at approximately $2,160,036.25. This represents a 19.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,343 shares of company stock worth $2,228,816 over the last ninety days. 0.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on FDX shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FedEx in a research report on Saturday, September 27th. Barclays reaffirmed an “overweight” rating and set a $320.00 price target (down previously from $330.00) on shares of FedEx in a research report on Wednesday, June 25th. Wolfe Research increased their price objective on FedEx from $244.00 to $254.00 and gave the stock an “outperform” rating in a report on Friday, September 19th. Evercore ISI decreased their price objective on FedEx from $243.00 to $239.00 in a report on Friday, September 19th. Finally, Dbs Bank upgraded FedEx from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, FedEx currently has an average rating of “Moderate Buy” and a consensus price target of $271.67.

About FedEx

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.