Hsbc Holdings PLC Sells 49,806 Shares of FedEx Corporation $FDX

Hsbc Holdings PLC reduced its position in FedEx Corporation (NYSE:FDX) by 10.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 424,982 shares of the shipping service provider’s stock after selling 49,806 shares during the period. Hsbc Holdings PLC’s holdings in FedEx were worth $122,850,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. OneAscent Financial Services LLC increased its position in FedEx by 1.7% during the 4th quarter. OneAscent Financial Services LLC now owns 1,699 shares of the shipping service provider’s stock valued at $491,000 after purchasing an additional 29 shares during the period. Arete Wealth Advisors LLC lifted its position in shares of FedEx by 1.7% in the 4th quarter. Arete Wealth Advisors LLC now owns 1,778 shares of the shipping service provider’s stock worth $514,000 after purchasing an additional 30 shares during the period. LRI Investments LLC boosted its stake in shares of FedEx by 5.2% during the fourth quarter. LRI Investments LLC now owns 632 shares of the shipping service provider’s stock valued at $183,000 after purchasing an additional 31 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in shares of FedEx by 11.9% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 292 shares of the shipping service provider’s stock valued at $84,000 after purchasing an additional 31 shares in the last quarter. Finally, Legacy Bridge LLC increased its holdings in FedEx by 33.0% during the fourth quarter. Legacy Bridge LLC now owns 133 shares of the shipping service provider’s stock valued at $38,000 after buying an additional 33 shares during the period. 84.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FDX. The Goldman Sachs Group lowered their target price on FedEx from $405.00 to $375.00 and set a “buy” rating for the company in a report on Monday, June 1st. Zacks Research lowered FedEx from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft cut FedEx from a “buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Susquehanna lifted their target price on FedEx from $410.00 to $455.00 and gave the company a “positive” rating in a research note on Friday, March 20th. Finally, UBS Group initiated coverage on shares of FedEx in a report on Wednesday, May 27th. They issued a “buy” rating and a $445.00 target price for the company. Eighteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $367.76.

FedEx Stock Performance

Shares of FDX opened at $326.36 on Monday. The company has a current ratio of 1.47, a quick ratio of 1.44 and a debt-to-equity ratio of 0.77. The firm has a market cap of $77.87 billion, a PE ratio of 17.37, a P/E/G ratio of 1.48 and a beta of 1.28. FedEx Corporation has a 12 month low of $172.88 and a 12 month high of $345.36. The stock has a fifty day moving average price of $368.64 and a 200-day moving average price of $345.13.

FedEx (NYSE:FDX) last announced its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, topping the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The firm had revenue of $24 billion for the quarter, compared to the consensus estimate of $23.44 billion. During the same period in the previous year, the business earned $4.51 EPS. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. Equities research analysts predict that FedEx Corporation will post 19.78 earnings per share for the current fiscal year.

FedEx Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, June 22nd. FedEx’s dividend payout ratio (DPR) is currently 30.87%.

Insiders Place Their Bets

In other news, Director Susan C. Schwab sold 5,795 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $369.00, for a total transaction of $2,138,355.00. Following the transaction, the director owned 10,038 shares in the company, valued at $3,704,022. This represents a 36.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Kawal Preet sold 4,900 shares of the 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 completion of the transaction, the executive vice president directly owned 10,953 shares of the company’s stock, valued at $4,029,499.17. The trade was a 30.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,104 shares of company stock worth $17,599,006 over the last ninety days. Insiders own 0.53% of the company’s stock.

Trending Headlines about FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx enters earnings with strong year-to-date gains of roughly 40%, supported by restructuring efforts and improving profitability, which could keep investor sentiment constructive if management delivers another solid outlook.
• Positive Sentiment: Analysts and preview coverage suggest expectations are high but manageable, with consensus forecasts calling for about $5.96 EPS and $24 billion in revenue for the quarter, leaving room for a beat if shipping demand holds up. FedEx (FDX) Q4 Earnings Preview: Should Investors Buy Before Tuesday’s Report?
• Positive Sentiment: Some investors are positioning for volatility around earnings, with options activity highlighting elevated implied volatility ahead of the June 23 release, which often signals a potentially large post-earnings move. Bear Call Spread Ideas for FedEx Earnings Next Week
• Neutral Sentiment: FedEx also received a 2026 FedEx Compatible Community Tier partner announcement from Kuebix by FreightWise, which is a positive ecosystem development but unlikely to materially move the stock on its own. Kuebix by FreightWise Named FedEx Compatible Community Tier Partner for 2026
• Neutral Sentiment: FedEx’s fuel surcharge update, effective June 22, will raise export shipment fees while lowering import rates, a change that could affect mix and customer behavior but is not clearly a major earnings driver yet. FedEx fuel surcharge change raises heat on export shipments
• Negative Sentiment: Evercore trimmed its price target on FedEx to $355 from $390, signaling slightly softer analyst expectations even though the new target still implies upside from current levels. Evercore adjusts price target on FedEx to 355 from 390
• Negative Sentiment: Recent trading also showed FDX slipping more than the broader market, reflecting some pre-earnings caution as investors wait for confirmation that the recent run-up can continue. FedEx (FDX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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.