Focus Partners Advisor Solutions LLC Has $896,000 Stake in FedEx Corporation $FDX

Focus Partners Advisor Solutions LLC boosted its stake in FedEx Corporation (NYSE:FDX) by 139.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,944 shares of the shipping service provider’s stock after buying an additional 2,297 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in FedEx were worth $896,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Golden State Wealth Management LLC raised its position in FedEx by 21.1% in the 1st quarter. Golden State Wealth Management LLC now owns 362 shares of the shipping service provider’s stock valued at $88,000 after purchasing an additional 63 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of FedEx during the second quarter worth $586,000. Sage Capital Advisors llc raised its position in shares of FedEx by 136.5% during the second quarter. Sage Capital Advisors llc now owns 34,697 shares of the shipping service provider’s stock worth $7,887,000 after acquiring an additional 20,024 shares during the last quarter. Jackson Thornton Wealth Management LLC bought a new stake in shares of FedEx during the second quarter worth $298,000. Finally, Value Partners Investments Inc. raised its position in shares of FedEx by 26.4% during the second quarter. Value Partners Investments Inc. now owns 181,454 shares of the shipping service provider’s stock worth $41,247,000 after acquiring an additional 37,950 shares during the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Stock Up 1.0%

NYSE:FDX opened at $249.77 on Wednesday. FedEx Corporation has a 1 year low of $194.29 and a 1 year high of $308.53. The company has a current ratio of 1.25, a quick ratio of 1.21 and a debt-to-equity ratio of 0.73. The stock has a market cap of $58.94 billion, a price-to-earnings ratio of 14.58, a PEG ratio of 1.38 and a beta of 1.28. The stock has a 50-day moving average price of $233.78 and a two-hundred day moving average price of $227.26.

FedEx (NYSE:FDX) last posted its earnings results on Thursday, September 18th. The shipping service provider reported $3.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.71 by $0.12. The firm had revenue of $22.20 billion during the quarter, compared to analysts’ expectations of $21.74 billion. FedEx had a return on equity of 16.33% and a net margin of 4.65%.The company’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $3.60 earnings per share. FedEx has set its FY 2026 guidance at 17.200-19.000 EPS. As a group, equities analysts expect that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Monday, September 8th were given a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, September 8th. This represents a $5.80 dividend on an annualized basis and a yield of 2.3%. FedEx’s dividend payout ratio is 33.86%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on FDX. BMO Capital Markets dropped their target price on FedEx from $260.00 to $255.00 and set a “market perform” rating for the company in a research report on Friday, September 19th. Stephens reiterated an “overweight” rating and issued a $260.00 price objective on shares of FedEx in a report on Tuesday, October 14th. Stifel Nicolaus dropped their price objective on FedEx from $308.00 to $296.00 and set a “buy” rating for the company in a report on Wednesday, September 17th. Wolfe Research upped their price objective on FedEx from $254.00 to $298.00 in a report on Tuesday, October 7th. Finally, Truist Financial set a $285.00 price objective on FedEx in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $271.83.

About FedEx

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.