FedEx Corporation $FDX Shares Purchased by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund raised its position in FedEx Corporation (NYSE:FDX) by 30.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,793 shares of the shipping service provider’s stock after buying an additional 5,788 shares during the period. Oregon Public Employees Retirement Fund’s holdings in FedEx were worth $5,846,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Brighton Jones LLC grew its stake in FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock valued at $514,000 after purchasing an additional 207 shares in the last quarter. Empowered Funds LLC raised its position in shares of FedEx by 78.9% in the 1st quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock valued at $2,514,000 after purchasing an additional 4,548 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of FedEx by 9.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,501 shares of the shipping service provider’s stock valued at $366,000 after buying an additional 126 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of FedEx by 34.8% during the first quarter. Acadian Asset Management LLC now owns 3,880 shares of the shipping service provider’s stock worth $943,000 after buying an additional 1,002 shares in the last quarter. Finally, Advisors Capital Management LLC grew its position in shares of FedEx by 15.8% during the first quarter. Advisors Capital Management LLC now owns 2,683 shares of the shipping service provider’s stock worth $654,000 after buying an additional 367 shares in the last quarter. 84.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Cowen reaffirmed a “buy” rating on shares of FedEx in a report on Friday, December 19th. TD Cowen boosted their target price on shares of FedEx from $271.00 to $313.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Citigroup upped their target price on shares of FedEx from $310.00 to $327.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Daiwa Capital Markets increased their price target on shares of FedEx from $232.00 to $240.00 and gave the stock a “neutral” rating in a research report on Monday, September 22nd. Finally, The Goldman Sachs Group lifted their price target on FedEx from $301.00 to $317.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $303.16.

FedEx Price Performance

FDX opened at $312.18 on Friday. The firm has a market cap of $73.40 billion, a price-to-earnings ratio of 17.21, a price-to-earnings-growth ratio of 1.56 and a beta of 1.35. FedEx Corporation has a fifty-two week low of $194.29 and a fifty-two week high of $318.83. The company’s 50-day moving average price is $279.08 and its 200 day moving average price is $249.12. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72.

FedEx (NYSE:FDX) last issued its earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.80. The company had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. FedEx had a return on equity of 16.63% and a net margin of 4.81%.FedEx’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, sell-side analysts expect that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, December 15th were paid a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, December 15th. FedEx’s dividend payout ratio is presently 31.97%.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Bank of America upgraded FDX from “neutral” to “buy” and named the stock a top pick for 2026, assigning a $365 price target (implies ~17% upside). This upgrade is being cited in multiple outlets and supports momentum buying. BofA Top Pick Article
• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for FedEx to $18.23 from $17.66, signaling analysts are lifting full-year profit expectations. (No link provided)
• Positive Sentiment: Zacks Research also increased its Q3 2026 EPS estimate to $3.97 (from $3.69), a near-term upgrade that may help sentiment into the next reporting cycle. (No link provided)
• Positive Sentiment: Market commentary and media pieces highlight hopes that the four‑year freight recession is ending, which would lift freight volumes and pricing — a key growth driver for FedEx’s freight and ground segments. Freight Recession Article
• Neutral Sentiment: CNBC’s “Trade Tracker” highlighted a portfolio move that includes buying FedEx, which can add retail/institutional attention but is not a formal analyst endorsement. Trade Tracker Video
• Negative Sentiment: Zacks trimmed its Q1 2027 EPS estimate to $4.05 from $4.29, a downward near-term revision that could temper expectations for the next quarter. (No link provided)

FedEx Profile

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.