FedEx (NYSE:FDX) Stock Sale Reported by Rep. Rick Larsen

Representative Rick Larsen (Democratic-Washington) recently sold shares of FedEx Corporation (NYSE:FDX). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in FedEx stock on October 8th. The trade occurred in the Representative’s “RICHARD R LARSEN IRA” account.

Representative Rick Larsen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 10/8/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/8/2026.
• Purchased $1,001 – $15,000 in shares of Williams-Sonoma (NYSE:WSM) on 10/8/2026.

FedEx Trading Down 0.6%

FedEx stock opened at $290.36 on Wednesday. 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 stock has a market cap of $68.72 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 1.56 and a beta of 1.28. The stock has a 50-day moving average of $310.75 and a two-hundred day moving average of $335.21. FedEx Corporation has a one year low of $181.61 and a one year high of $345.36.

FedEx (NYSE:FDX) last issued its quarterly earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. The business had revenue of $23.26 billion for the quarter. On average, research analysts anticipate that FedEx Corporation will post 17.53 EPS for the current fiscal year.

FedEx Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Monday, September 14th were paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, September 14th. FedEx’s payout ratio is 26.36%.

Analysts Set New Price Targets

FDX has been the subject of a number of research reports. Sanford C. Bernstein set a $397.00 target price on FedEx in a report on Wednesday, June 24th. Bank of America reiterated a “buy” rating and issued a $140.00 target price on shares of FedEx in a research report on Tuesday, September 29th. Wells Fargo & Company cut their price target on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a report on Wednesday, June 17th. BMO Capital Markets reissued a “market perform” rating on shares of FedEx in a research report on Wednesday, June 24th. Finally, Wall Street Zen upgraded shares of FedEx to a “hold” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $354.64.

Hedge Funds Weigh In On FedEx

Several large investors have recently made changes to their positions in the stock. Hollencrest Capital Management acquired a new stake in shares of FedEx in the 1st quarter worth about $25,000. Bayban acquired a new position in FedEx during the 1st quarter valued at about $26,000. Solstein Capital LLC acquired a new position in FedEx during the 2nd quarter valued at about $27,000. Cedar Mountain Advisors LLC grew its position in FedEx by 77.4% in the 1st quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider’s stock worth $33,000 after purchasing an additional 41 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. bought a new position in FedEx in the 2nd quarter worth about $31,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

FedEx Company Profile

FedEx Corporation 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, and logistics services for businesses, government organizations and consumers.

The company’s services include domestic and international parcel delivery, less-than-truckload freight transportation, supply chain management, customs and trade assistance, warehousing, fulfillment and other logistics solutions.