EverSource Wealth Advisors LLC Has $997,000 Position in FedEx Corporation $FDX

EverSource Wealth Advisors LLC grew its holdings in FedEx Corporation (NYSE:FDXFree Report) by 47.4% during the third quarter, Holdings Channel reports. The firm owned 4,229 shares of the shipping service provider’s stock after acquiring an additional 1,359 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in FedEx were worth $997,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of FedEx by 12.8% during the 4th quarter. Brighton Jones LLC now owns 1,825 shares of the shipping service provider’s stock worth $514,000 after buying an additional 207 shares during the period. Empowered Funds LLC boosted its stake in FedEx by 78.9% during the first quarter. Empowered Funds LLC now owns 10,311 shares of the shipping service provider’s stock worth $2,514,000 after acquiring an additional 4,548 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in FedEx in the second quarter worth $586,000. Focus Partners Advisor Solutions LLC increased its stake in FedEx by 139.5% in the second quarter. Focus Partners Advisor Solutions LLC now owns 3,944 shares of the shipping service provider’s stock valued at $896,000 after purchasing an additional 2,297 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of FedEx by 9.3% during the second quarter. Envestnet Asset Management Inc. now owns 381,298 shares of the shipping service provider’s stock valued at $86,672,000 after purchasing an additional 32,292 shares during the period. Institutional investors own 84.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FDX shares. Sanford C. Bernstein upgraded FedEx from a “market perform” rating to an “outperform” rating and set a $427.00 target price for the company in a research note on Tuesday, February 3rd. HSBC lowered FedEx from a “hold” rating to a “reduce” rating and set a $335.00 price target on the stock. in a report on Wednesday. JPMorgan Chase & Co. restated a “neutral” rating on shares of FedEx in a report on Tuesday, January 20th. Wells Fargo & Company upped their target price on FedEx from $380.00 to $430.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Finally, Barclays lifted their price target on shares of FedEx from $360.00 to $450.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $364.15.

Check Out Our Latest Research Report on FDX

FedEx Price Performance

Shares of NYSE FDX opened at $382.57 on Thursday. The company has a market capitalization of $89.95 billion, a PE ratio of 21.09, a PEG ratio of 1.84 and a beta of 1.34. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 0.72. The stock’s 50 day moving average price is $327.68 and its 200-day moving average price is $275.13. FedEx Corporation has a twelve month low of $194.29 and a twelve month high of $391.65.

FedEx (NYSE:FDXGet Free Report) last issued its quarterly earnings results on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, topping analysts’ consensus estimates of $4.02 by $0.80. FedEx had a return on equity of 16.63% and a net margin of 4.81%.The business had revenue of $23.47 billion for the quarter, compared to analyst estimates of $22.79 billion. During the same period last year, the company posted $4.05 earnings per share. FedEx’s quarterly revenue was up 6.8% compared to the same quarter last year. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. On average, equities analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Monday, March 9th will be issued a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, March 9th. FedEx’s payout ratio is 31.97%.

FedEx News Roundup

Here are the key news stories impacting FedEx this week:

  • Positive Sentiment: FedEx filed suit in the U.S. Court of International Trade seeking a “full refund” (plus interest) of tariffs it paid under the IEEPA; a successful recovery would offset prior tariff-related earnings hits (FedEx had signaled roughly a $1B impact last year). FedEx sues US for refunds on Trump tariffs
  • Positive Sentiment: Evercore raised its price target on FDX to $380, signaling continued analyst confidence in FedEx’s business and momentum despite tariff noise. Evercore raises PT to $380
  • Neutral Sentiment: Rothschild & Co Redburn raised its FedEx price target to $371 but kept a neutral rating — a mixed signal that acknowledges upside while flagging valuation/uncertainty. Rothschild raises PT to $371
  • Neutral Sentiment: The Supreme Court ruling that struck down the tariffs has opened the door to many potential refund suits — FedEx’s move may be the first of many, creating a long, industry‑wide legal process and policy uncertainty. Corporate America’s Growing Quest for Tariff Refunds
  • Negative Sentiment: HSBC downgraded FDX from “hold” to “reduce” with a $335 target (materially below current levels), which likely pressured the stock by signaling downside risk to investors. HSBC downgrades FedEx
  • Negative Sentiment: A customer has sued FedEx seeking refunds for tariffs FedEx collected on shipments after the Supreme Court decision — if courts force carriers to return collections or FedEx is found liable, that could reduce any net benefit from government recoveries and add liability/administrative costs. Customer sues FedEx for refund

FedEx Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for FedEx (NYSE:FDX)

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