Capital Investment Advisors LLC Has $522,000 Position in FedEx Corporation $FDX

Capital Investment Advisors LLC boosted its holdings in FedEx Corporation (NYSE:FDX) by 3.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,296 shares of the shipping service provider’s stock after buying an additional 70 shares during the period. Capital Investment Advisors LLC’s holdings in FedEx were worth $522,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Golden State Wealth Management LLC lifted its holdings in FedEx by 21.1% in the first quarter. Golden State Wealth Management LLC now owns 362 shares of the shipping service provider’s stock valued at $88,000 after buying an additional 63 shares during the period. Sivia Capital Partners LLC acquired a new stake in FedEx in the second quarter worth $586,000. Sage Capital Advisors llc raised its holdings in FedEx by 136.5% in the second quarter. Sage Capital Advisors llc now owns 34,697 shares of the shipping service provider’s stock worth $7,887,000 after purchasing an additional 20,024 shares during the period. Value Partners Investments Inc. raised its holdings in FedEx by 26.4% in the second quarter. Value Partners Investments Inc. now owns 181,454 shares of the shipping service provider’s stock worth $41,247,000 after purchasing an additional 37,950 shares during the period. Finally, Xcel Wealth Management LLC acquired a new stake in FedEx in the second quarter worth $1,200,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.

FedEx Trading Up 1.1%

Shares of NYSE:FDX opened at $242.25 on Friday. FedEx Corporation has a 12 month low of $194.29 and a 12 month high of $308.53. The company has a quick ratio of 1.21, a current ratio of 1.25 and a debt-to-equity ratio of 0.73. The company’s fifty day simple moving average is $229.75 and its 200 day simple moving average is $226.00. The firm has a market cap of $57.16 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 1.33 and a beta of 1.28.

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

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Monday, September 8th were issued a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Monday, September 8th. FedEx’s dividend payout ratio (DPR) is presently 33.86%.

Insider Activity at FedEx

In other FedEx news, Director R Brad Martin sold 2,123 shares of FedEx stock in a transaction on Monday, July 7th. The shares were sold at an average price of $241.75, for a total value of $513,235.25. Following the sale, the director directly owned 8,935 shares in the company, valued at approximately $2,160,036.25. The trade was a 19.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Marvin R. Ellison sold 3,610 shares of FedEx stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $236.94, for a total transaction of $855,353.40. Following the completion of the sale, the director owned 7,720 shares in the company, valued at $1,829,176.80. The trade was a 31.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,343 shares of company stock valued at $2,228,816. Corporate insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on FDX shares. Wolfe Research increased their target price on shares of FedEx from $244.00 to $254.00 and gave the stock an “outperform” rating in a report on Friday, September 19th. Daiwa Capital Markets increased their target price on shares of FedEx from $232.00 to $240.00 and gave the stock a “neutral” rating in a report on Monday, September 22nd. Barclays reiterated an “overweight” rating and issued a $320.00 target price (down from $330.00) on shares of FedEx in a report on Wednesday, June 25th. Wall Street Zen upgraded shares of FedEx from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $255.00 target price on shares of FedEx in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $271.67.

FedEx Company Profile

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.