Jacobs & Co. CA Has $10.91 Million Stake in FedEx Corporation $FDX

Jacobs & Co. CA increased its position in shares of FedEx Corporation (NYSE:FDX) by 2.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 48,000 shares of the shipping service provider’s stock after purchasing an additional 1,055 shares during the period. Jacobs & Co. CA’s holdings in FedEx were worth $10,911,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its holdings in FedEx by 21.1% during the first quarter. Golden State Wealth Management LLC now owns 362 shares of the shipping service provider’s stock worth $88,000 after buying an additional 63 shares during the last quarter. NBC Securities Inc. acquired a new position in FedEx during the first quarter worth $147,000. Farther Finance Advisors LLC increased its holdings in FedEx by 27.6% during the first quarter. Farther Finance Advisors LLC now owns 2,223 shares of the shipping service provider’s stock worth $538,000 after buying an additional 481 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in FedEx by 6.1% during the first quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 160,596 shares of the shipping service provider’s stock worth $39,150,000 after buying an additional 9,216 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of FedEx by 21.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 92,967 shares of the shipping service provider’s stock valued at $22,664,000 after purchasing an additional 16,490 shares during the last quarter. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Marvin R. Ellison sold 3,610 shares of the company’s stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total transaction of $855,353.40. Following the completion of the sale, the director owned 7,720 shares of the company’s stock, valued at $1,829,176.80. This represents a 31.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director R Brad Martin sold 2,123 shares of the company’s stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $241.75, for a total transaction of $513,235.25. Following the sale, the director directly owned 8,935 shares of the company’s stock, valued at $2,160,036.25. This represents a 19.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,343 shares of company stock valued at $2,228,816. 0.53% of the stock is owned by company insiders.

FedEx Trading Up 0.4%

Shares of FedEx stock opened at $229.67 on Friday. The firm has a 50-day moving average of $229.77 and a 200-day moving average of $227.62. The stock has a market cap of $54.19 billion, a PE ratio of 13.61, a PEG ratio of 1.20 and a beta of 1.20. FedEx Corporation has a 52-week low of $194.29 and a 52-week high of $308.53. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.19.

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

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 8th will be given a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, September 8th. FedEx’s payout ratio is presently 34.36%.

Analyst Ratings Changes

Several research firms have commented on FDX. JPMorgan Chase & Co. decreased their price objective on shares of FedEx from $290.00 to $285.00 and set an “overweight” rating on the stock in a report on Friday, September 5th. Dbs Bank upgraded shares of FedEx from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 21st. Wall Street Zen downgraded shares of FedEx from a “buy” rating to a “hold” rating in a report on Saturday, August 16th. Susquehanna upped their price objective on shares of FedEx from $290.00 to $295.00 and gave the company a “positive” rating in a report on Wednesday, June 25th. Finally, Sanford C. Bernstein decreased their price objective on shares of FedEx from $282.00 to $249.00 and set a “market perform” rating on the stock in a report on Friday, June 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $282.54.

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.