Thoroughbred Financial Services LLC Sells 1,847 Shares of FedEx Corporation $FDX

Thoroughbred Financial Services LLC lessened its stake in shares of FedEx Corporation (NYSE:FDX) by 61.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,163 shares of the shipping service provider’s stock after selling 1,847 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in FedEx were worth $274,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of FedEx by 13.2% during the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock valued at $5,527,870,000 after acquiring an additional 2,741,723 shares in the last quarter. Norges Bank acquired a new position in FedEx during the second quarter worth $605,497,000. AQR Capital Management LLC lifted its stake in shares of FedEx by 750.9% in the second quarter. AQR Capital Management LLC now owns 1,015,627 shares of the shipping service provider’s stock valued at $230,862,000 after buying an additional 896,271 shares in the last quarter. Diamond Hill Capital Management Inc. acquired a new position in shares of FedEx during the third quarter valued at about $171,960,000. Finally, Dodge & Cox increased its position in shares of FedEx by 4.7% during the second quarter. Dodge & Cox now owns 14,482,494 shares of the shipping service provider’s stock worth $3,292,016,000 after acquiring an additional 649,426 shares in the last quarter. 84.47% of the stock is owned by institutional investors and hedge funds.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Evercore published a bullish forecast signaling stronger price appreciation for FDX, supporting sentiment that earnings and cash flow will recover. Evercore Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock
• Positive Sentiment: Rothschild & Co / Redburn raised FedEx’s price target to $371, providing analyst support that can prop up the stock amid headline volatility. Rothschild & Co Redburn Boosts FedEx (NYSE:FDX) Price Target to $371.00
• Positive Sentiment: Zacks highlights FDX as a long‑term value pick, which may attract value investors given the company’s recent earnings beat and FY26 guidance. Why FedEx (FDX) is a Top Value Stock for the Long-Term
• Positive Sentiment: FedEx is investing $250M in a dedicated parcel hub at Mumbai’s new airport — a tangible capex commitment to international growth and capacity in a high‑growth market. FedEx invests $250M for dedicated parcel hub at new Mumbai airport
• Neutral Sentiment: Industry/leadership visibility: Incoming FedEx Freight president & CEO John Smith will keynote ACT Expo, an investor‑relevant forum for fleet/efficiency initiatives but not an immediate earnings driver. Incoming FedEx Freight President & CEO John Smith to Deliver Opening Keynote at ACT Expo 2026
• Neutral Sentiment: Market note: coverage pieces flagged that FDX outperformed the broader market on recent sessions, a short‑term technical positive but not a fundamental change. FedEx (FDX) Ascends While Market Falls: Some Facts to Note
• Negative Sentiment: FedEx said it will pass any tariff refunds it receives back to customers and shippers — a move that could reduce any windfall cash benefit from successful refund claims and pressure margins/cash flow. FedEx vows to pass any tariff refunds it gets from U.S. on to customers
• Negative Sentiment: Legal and policy risk: FedEx has sued to recover tariffs it paid, joining hundreds of firms after the Supreme Court struck down the tariff orders; Treasury and regulators are pressing for clarity on how rebates get to end consumers — outcomes could create uncertainty over timing and net benefit of any recoveries. FedEx Says It Could Return Tariff Refunds to Customers

FedEx Stock Down 0.2%

FDX opened at $387.07 on Friday. FedEx Corporation has a twelve month low of $194.29 and a twelve month high of $392.86. The company’s 50-day moving average price is $331.65 and its two-hundred day moving average price is $277.04. The stock has a market cap of $91.01 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 1.85 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.

FedEx (NYSE:FDX) last posted its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $22.79 billion. During the same quarter in the prior year, the business earned $4.05 earnings per share. FedEx’s revenue for the quarter was up 6.8% on a year-over-year basis. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. As a group, equities analysts expect that FedEx Corporation will post 19.14 earnings per share for the current year.

FedEx Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on FDX. Sanford C. Bernstein raised shares of FedEx from a “market perform” rating to an “outperform” rating and set a $427.00 price target on the stock in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of FedEx in a research report on Tuesday, January 20th. Barclays upped their price target on FedEx from $360.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Susquehanna dropped their price objective on FedEx from $345.00 to $340.00 in a research note on Tuesday, December 23rd. Finally, Zacks Research upgraded shares of FedEx from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, FedEx has an average rating of “Moderate Buy” and a consensus price target of $364.15.

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.