Providence First Trust Co Invests $555,000 in FedEx Corporation $FDX

Providence First Trust Co acquired a new stake in FedEx Corporation (NYSE:FDX) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,921 shares of the shipping service provider’s stock, valued at approximately $555,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FDX. Vanguard Group Inc. grew its holdings in shares of FedEx by 13.2% during the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after purchasing an additional 2,741,723 shares during the last quarter. Boston Partners acquired a new position in FedEx during the 3rd quarter worth approximately $468,195,000. Dodge & Cox lifted its stake in FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock valued at $3,826,055,000 after purchasing an additional 1,742,666 shares during the last quarter. AQR Capital Management LLC boosted its position in FedEx by 169.2% in the third quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock valued at $638,203,000 after buying an additional 1,718,278 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. acquired a new stake in FedEx in the third quarter valued at approximately $171,960,000. Institutional investors own 84.47% of the company’s stock.

Insider Buying and Selling at FedEx

In other news, Director Susan C. Schwab sold 5,795 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total value of $2,138,355.00. Following the sale, the director owned 10,038 shares of the company’s stock, valued at $3,704,022. The trade was a 36.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kawal Preet sold 4,900 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total transaction of $1,802,661.00. Following the sale, the executive vice president owned 10,953 shares in the company, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 48,104 shares of company stock valued at $17,599,006 in the last three months. 0.53% of the stock is owned by company insiders.

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx deepens ServiceNow partnership — Embedding FedEx Dataworks into ServiceNow’s Source‑to‑Pay and new supply‑chain workflows could accelerate monetization of FedEx’s logistics data, improve enterprise stickiness and open software/analytics revenue beyond freight. FedEx and ServiceNow expand strategic collaboration
• Positive Sentiment: Analyst consensus supportive — Recent coverage shows a blended analyst view around “moderate buy,” which may underpin investor confidence and limit downside after recent volatility. FedEx receives average recommendation of Moderate Buy
• Neutral Sentiment: Brand and ESG recognition — FedEx was named among Newsweek’s “America’s Most Patriotic Companies,” a reputational positive that may help corporate goodwill but has limited near‑term earnings impact. America’s Most Patriotic Companies 2026
• Neutral Sentiment: Sector performance context — Pieces comparing transportation peers show FedEx outperforming parts of the sector this year, but they mainly provide framing rather than a direct catalyst. Are transportation stocks lagging FedEx?
• Negative Sentiment: Major competitive overhang from Amazon — Amazon’s launch of Amazon Supply Chain Services (opening its logistics network to other firms) triggered a sector selloff and remains a structural threat: it leverages scale, automation and lower labor costs to pressure pricing and margins for legacy carriers. Market repricing and noted increases in FedEx short interest/insider selling have amplified downside risk. Amazon weaponizes logistics, triggering sector-wide selloff

FedEx Stock Performance

NYSE FDX opened at $362.58 on Wednesday. The company has a market capitalization of $86.52 billion, a price-to-earnings ratio of 19.30, a PEG ratio of 1.36 and a beta of 1.29. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.77. FedEx Corporation has a twelve month low of $212.64 and a twelve month high of $404.03. The stock has a fifty day simple moving average of $370.43 and a 200 day simple moving average of $321.08.

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

FedEx Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th were issued a dividend of $1.45 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $5.80 annualized dividend and a yield of 1.6%. FedEx’s dividend payout ratio is 30.87%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on FDX shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $479.00 price target on shares of FedEx in a report on Friday, February 13th. HSBC upgraded FedEx from a “reduce” rating to a “hold” rating and set a $360.00 price objective on the stock in a research report on Friday, March 20th. Sanford C. Bernstein upped their target price on FedEx from $457.00 to $470.00 and gave the stock an “outperform” rating in a report on Thursday, April 9th. UBS Group increased their target price on FedEx from $412.00 to $446.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Finally, Wolfe Research cut their price target on FedEx from $427.00 to $423.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Eighteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, FedEx has a consensus rating of “Moderate Buy” and an average price target of $398.04.

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.