Insider Selling: FedEx (NYSE:FDX) EVP Sells 26,611 Shares of Company Stock

FedEx Corporation (NYSE:FDX) EVP Tracy Brightman sold 26,611 shares of the company’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $316.68, for a total value of $8,427,171.48. Following the completion of the sale, the executive vice president owned 12,245 shares in the company, valued at $3,877,746.60. This represents a 68.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

FedEx Stock Performance

Shares of NYSE FDX traded up $5.63 during mid-day trading on Friday, reaching $313.45. 2,639,574 shares of the company were exchanged, compared to its average volume of 1,991,132. The company’s 50-day simple moving average is $304.55 and its 200-day simple moving average is $337.13. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $74.18 billion, a P/E ratio of 19.28, a P/E/G ratio of 1.23 and a beta of 1.28. FedEx Corporation has a twelve month low of $198.00 and a twelve month high of $345.36.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.40. FedEx had a return on equity of 16.15% and a net margin of 4.09%. The firm had revenue of $22.93 billion for the quarter, compared to analyst estimates of $22.73 billion. During the same period in the prior year, the firm posted $3.83 EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. As a group, research analysts predict that FedEx Corporation will post 18.27 earnings per share for the current year.

FedEx Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Monday, September 14th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, September 14th. FedEx’s dividend payout ratio (DPR) is currently 26.36%.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Quarterly results exceeded expectations. FedEx reported adjusted earnings of $3.74 per share versus the $3.34 consensus estimate, while revenue rose approximately 12% year over year to $22.9 billion, slightly above forecasts. Higher package yields, volume growth and cost savings supported profitability. Reuters FedEx earnings report
• Positive Sentiment: FedEx raised its fiscal 2026 outlook. The company now expects earnings per share of $18.00 to $18.60, above the $17.85 consensus, and revenue of approximately $98.4 billion versus the $91.6 billion estimate. Management cited stronger pricing, premium shipping demand and network savings. Zacks FedEx outlook report
• Positive Sentiment: FedEx Freight’s standalone results were encouraging. Revenue increased 9.2% to $3.3 billion during its four-month transition period, adjusted operating income rose 16.4% to $510 million, and the adjusted margin reached 15.5%. The unit raised its outlook and reported a second consecutive quarter with a record-low claims ratio. Quiver Quantitative FedEx Freight report
• Positive Sentiment: Analyst sentiment improved. HSBC upgraded FedEx to Buy with a $370 target, while JPMorgan maintained an Overweight rating and increased its target to $400. Investors are responding to the potential for pricing discipline and margin expansion. MarketScreener HSBC upgrade
• Neutral Sentiment: FedEx is seeing increased air-freight demand from parcel-focused customers, particularly in high-value areas such as artificial intelligence and data-center logistics. This could broaden growth opportunities, although the impact on near-term earnings remains uncertain. Supply Chain Dive air-freight report
• Negative Sentiment: Investors remain cautious about soft shipment volumes, rising fuel and transportation costs, and margin pressure during the holiday period. GAAP results were also weighed down by Freight-related and spin-off costs, despite the adjusted earnings beat.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FDX. UBS Group reaffirmed a “hold” rating on shares of FedEx in a research note on Friday. Evercore raised their price objective on FedEx from $350.00 to $351.00 in a report on Monday, September 28th. Citigroup restated a “cautious” rating on shares of FedEx in a research report on Wednesday, October 7th. Bank of America lowered their target price on FedEx from $378.00 to $359.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Citizens Jmp assumed coverage on FedEx in a research report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, FedEx presently has an average rating of “Moderate Buy” and a consensus target price of $365.84.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. MFG Investments LLC bought a new position in FedEx in the 3rd quarter valued at $268,000. Third View Private Wealth LLC boosted its holdings in shares of FedEx by 16.6% in the 3rd quarter. Third View Private Wealth LLC now owns 1,033 shares of the shipping service provider’s stock worth $294,000 after buying an additional 147 shares during the last quarter. Provenance Wealth Advisors LLC purchased a new position in shares of FedEx in the 3rd quarter worth about $1,185,000. Putney Financial Group LLC purchased a new stake in FedEx during the third quarter worth about $25,000. Finally, Integrity Alliance LLC. raised its position in FedEx by 18.1% in the third quarter. Integrity Alliance LLC. now owns 7,257 shares of the shipping service provider’s stock worth $2,069,000 after acquiring an additional 1,112 shares during the period. Hedge funds and other institutional investors own 84.47% of the company’s stock.

About FedEx

FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company headquartered in Memphis, Tennessee. Through its operating companies, FedEx provides time-definite express delivery, ground shipping, freight transportation, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.