MBB Public Markets I LLC Makes New Investment in FedEx Corporation $FDX

MBB Public Markets I LLC purchased a new position in shares of FedEx Corporation (NYSE:FDX) in the first quarter, HoldingsChannel reports. The fund purchased 1,277 shares of the shipping service provider’s stock, valued at approximately $311,000.

A number of other large investors have also recently bought and sold shares of FDX. Abound Financial LLC acquired a new position in FedEx during the 1st quarter worth approximately $38,000. Ameriflex Group Inc. acquired a new position in FedEx during the 4th quarter worth approximately $43,000. WPG Advisers LLC acquired a new position in FedEx during the 1st quarter worth approximately $43,000. Cary Street Partners Investment Advisory LLC boosted its position in FedEx by 60.7% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 188 shares of the shipping service provider’s stock worth $46,000 after acquiring an additional 71 shares during the last quarter. Finally, SOA Wealth Advisors LLC. boosted its position in FedEx by 60.6% during the 1st quarter. SOA Wealth Advisors LLC. now owns 249 shares of the shipping service provider’s stock worth $61,000 after acquiring an additional 94 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Trading Up 0.0%

Shares of FedEx stock opened at $225.82 on Thursday. The business has a fifty day simple moving average of $230.23 and a two-hundred day simple moving average of $227.97. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $308.53. The company has a market capitalization of $53.28 billion, a price-to-earnings ratio of 13.38, a P/E/G ratio of 1.18 and a beta of 1.20. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.19 and a quick ratio of 1.15.

FedEx (NYSE:FDX) last announced its quarterly earnings results on Tuesday, June 24th. The shipping service provider reported $6.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.98 by $0.09. FedEx had a return on equity of 16.34% and a net margin of 4.65%.The business had revenue of $22.20 billion during the quarter, compared to the consensus estimate of $21.86 billion. During the same quarter last year, the firm posted $5.41 EPS. FedEx has set its Q1 2026 guidance at 3.400-4.000 EPS. Research analysts forecast that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th will be issued a dividend of $1.45 per share. The ex-dividend date of this dividend is Monday, September 8th. This represents a $5.80 annualized dividend and a yield of 2.6%. FedEx’s dividend payout ratio (DPR) is currently 34.36%.

Analyst Upgrades and Downgrades

FDX has been the subject of several recent analyst reports. Bank of America cut their price objective on FedEx from $270.00 to $245.00 and set a “buy” rating for the company in a report on Wednesday, June 25th. Truist Financial reissued a “buy” rating and issued a $275.00 price objective on shares of FedEx in a report on Wednesday, June 25th. UBS Group cut their price objective on FedEx from $297.00 to $293.00 and set a “buy” rating for the company in a report on Thursday, August 28th. Stifel Nicolaus set a $315.00 price objective on FedEx in a report on Wednesday, June 25th. Finally, Dbs Bank raised FedEx from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $282.75.

Insiders Place Their Bets

In other FedEx news, Director R Brad Martin sold 2,123 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $241.75, for a total transaction of $513,235.25. Following the transaction, the director owned 8,935 shares in the company, valued at $2,160,036.25. This trade represents a 19.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul S. Walsh sold 3,610 shares of the stock in a transaction 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 transaction, the director owned 15,513 shares in the company, valued at $3,696,592.77. The trade was a 18.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,343 shares of company stock worth $2,228,816 in the last 90 days. Company insiders own 0.53% of the company’s stock.

FedEx Company 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.