Rep. Maria Elvira Salazar Buys FedEx Corporation (NYSE:FDX) Stock

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of FedEx Corporation (NYSE:FDX). In a filing disclosed on April 21st, the Representative disclosed that they had bought between $15,001 and $50,000 in FedEx stock on March 19th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 3/25/2026.
• Purchased $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 3/25/2026.
• Purchased $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 3/24/2026.
• Purchased $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 3/24/2026.
• Purchased $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 3/24/2026.
• Purchased $15,001 – $50,000 in shares of Whirlpool (NYSE:WHR) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of Boeing (NYSE:BA) on 3/19/2026.
• Purchased $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 3/19/2026.

FedEx Stock Down 2.1%

FDX stock opened at $386.18 on Thursday. The firm has a market cap of $92.15 billion, a PE ratio of 20.55, a P/E/G ratio of 1.73 and a beta of 1.28. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47. The firm’s fifty day moving average is $369.13 and its 200 day moving average is $313.09. FedEx Corporation has a one year low of $204.33 and a one year high of $399.67.

FedEx (NYSE:FDX) last released its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a net margin of 4.88% and a return on equity of 16.76%. The company had revenue of $24 billion for the quarter, compared to analyst estimates of $23.44 billion. During the same quarter last year, the business earned $4.51 earnings per share. The firm’s revenue was up 8.3% on a year-over-year basis. On average, research analysts forecast that FedEx Corporation will post 19.72 EPS for the current year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 9th were given a dividend of $1.45 per share. This represents a $5.80 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, March 9th. FedEx’s dividend payout ratio (DPR) is currently 30.87%.

Institutional Trading of FedEx

Several hedge funds have recently made changes to their positions in the company. EFG International AG purchased a new stake in shares of FedEx during the 4th quarter valued at approximately $27,000. Ulland Investment Advisors LLC acquired a new stake in shares of FedEx during the 4th quarter worth about $29,000. Tucker Asset Management LLC acquired a new position in FedEx in the fourth quarter valued at about $29,000. Wilkerson Advisory Group LLC purchased a new position in FedEx during the fourth quarter worth about $29,000. Finally, ORG Partners LLC raised its stake in shares of FedEx by 50.0% in the 4th quarter. ORG Partners LLC now owns 105 shares of the shipping service provider’s stock valued at $30,000 after acquiring an additional 35 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Analysts Set New Price Targets

FDX has been the topic of several research analyst reports. Argus lifted their target price on shares of FedEx from $350.00 to $400.00 and gave the company a “buy” rating in a research report on Monday, April 6th. Jefferies Financial Group boosted their price target on shares of FedEx from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Stephens restated an “overweight” rating and set a $435.00 price target on shares of FedEx in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $479.00 price target on shares of FedEx in a research report on Friday, February 13th. Finally, Zacks Research lowered shares of FedEx from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Eighteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, FedEx presently has a consensus rating of “Moderate Buy” and an average target price of $398.04.

Insider Activity at FedEx

In other news, EVP Kawal Preet sold 4,900 shares of FedEx stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $367.89, for a total value of $1,802,661.00. Following the completion of the sale, the executive vice president directly owned 10,953 shares of the company’s stock, valued at approximately $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Tracy B. Brightman sold 16,959 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total value of $6,164,087.73. Following the transaction, the executive vice president owned 11,052 shares of the company’s stock, valued at $4,017,070.44. This trade represents a 60.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 48,104 shares of company stock worth $17,599,006. Company insiders own 0.53% of the company’s stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

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.