Two Sigma Securities LLC Buys 11,532 Shares of FedEx Corporation $FDX

Two Sigma Securities LLC increased its stake in shares of FedEx Corporation (NYSE:FDX) by 997.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 12,688 shares of the shipping service provider’s stock after purchasing an additional 11,532 shares during the quarter. Two Sigma Securities LLC’s holdings in FedEx were worth $3,973,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FDX. Hollencrest Capital Management purchased a new position in FedEx during the first quarter worth $25,000. Bayban purchased a new stake in shares of FedEx in the first quarter valued at $26,000. Solstein Capital LLC bought a new stake in shares of FedEx in the 2nd quarter worth about $27,000. EFG International AG purchased a new position in shares of FedEx during the 4th quarter worth about $27,000. Finally, Wealth Watch Advisors INC bought a new position in FedEx during the 3rd quarter valued at about $28,000. Hedge funds and other institutional investors own 84.47% of the company’s stock.

Insider Transactions at FedEx

In other FedEx news, Director Paul S. Walsh sold 5,042 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $324.56, for a total value of $1,636,431.52. Following the completion of the transaction, the director directly owned 16,359 shares in the company, valued at approximately $5,309,477.04. The trade was a 23.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.65% of the stock is owned by company insiders.

Key Stories Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: The U.S. Transportation Command awarded FedEx and United Parcel Service modified defense contracts valued at approximately $2.72 billion each. The agreements run through September 2030 and could provide FedEx with steady, multiyear government revenue. FedEx Corporation is Growing Faster, but Could United Parcel Have More Margin Upside?
• Positive Sentiment: FedEx committed about $400 million to air-cargo hubs in Delhi and Mumbai. The facilities will add more than 500,000 square feet of capacity and position the company to benefit from India’s expected logistics growth. FedEx Commits $400 Million to Indian Air Cargo Growth With Delhi, Mumbai Hubs
• Positive Sentiment: The board declared a quarterly dividend of $1.22 per share. Commentators also argue that FedEx’s growth profile and valuation could offer upside, with Wall Street’s average recommendation remaining bullish, though analyst optimism should be treated cautiously. Following FedEx Dividend and India Hub Plans, Are Shares Below Fair Value?
• Neutral Sentiment: FedEx’s freight separation is prompting investors to compare the standalone freight business with the remaining parcel and logistics company. The transaction may sharpen strategic focus, but the preferred investment depends on execution and the future performance of each stock. FedEx Just Spun Off Its Freight Division. Which Stock Should You Own?
• Neutral Sentiment: FedEx shareholders will vote on three governance proposals, creating a potential near-term corporate-governance catalyst, although the available report does not specify the proposals or their likely effect. FedEx Shareholders Will Vote On Three Governance Proposals
• Negative Sentiment: Investors continue to weigh tariff uncertainty, shifting trade routes and geopolitical disruption. FedEx’s CEO believes supply-chain “reglobalization” could create opportunities, but those conditions can also pressure volumes, costs and margins. The Supply-Chain Savant: How FedEx CEO Raj Subramaniam Leads Through Reglobalization

FedEx Price Performance

Shares of FDX opened at $331.10 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48. The company has a 50 day moving average price of $319.32 and a 200-day moving average price of $350.61. FedEx Corporation has a fifty-two week low of $177.05 and a fifty-two week high of $345.36. The stock has a market capitalization of $78.36 billion, a PE ratio of 17.89, a PEG ratio of 1.70 and a beta of 1.30.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. The company had revenue of $23.26 billion for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. Equities analysts predict that FedEx Corporation will post 17.6 earnings per share for the current fiscal year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, September 14th. FedEx’s dividend payout ratio is 26.36%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Seaport Research Partners assumed coverage on FedEx in a research note on Wednesday, May 27th. They set a “buy” rating on the stock. Wells Fargo & Company reduced their target price on FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 17th. Weiss Ratings upgraded FedEx from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 18th. BMO Capital Markets reissued a “market perform” rating on shares of FedEx in a research note on Wednesday, June 24th. Finally, Evercore set a $165.00 price target on shares of FedEx in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, FedEx currently has an average rating of “Moderate Buy” and a consensus price target of $350.54.

FedEx Company 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.