Tocqueville Asset Management L.P. Has $60.19 Million Holdings in FedEx Corporation $FDX

Tocqueville Asset Management L.P. decreased its stake in FedEx Corporation (NYSE:FDX) by 6.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 255,254 shares of the shipping service provider’s stock after selling 16,985 shares during the period. FedEx comprises 0.9% of Tocqueville Asset Management L.P.’s holdings, making the stock its 19th largest position. Tocqueville Asset Management L.P.’s holdings in FedEx were worth $60,191,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDX. Grey Fox Wealth Advisors LLC acquired a new position in shares of FedEx during the 3rd quarter worth about $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of FedEx in the 2nd quarter valued at approximately $28,000. Ameriflex Group Inc. boosted its stake in FedEx by 103.3% during the 3rd quarter. Ameriflex Group Inc. now owns 124 shares of the shipping service provider’s stock worth $29,000 after acquiring an additional 63 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in FedEx during the third quarter valued at approximately $39,000. Finally, Physician Wealth Advisors Inc. grew its holdings in FedEx by 27.5% during the third quarter. Physician Wealth Advisors Inc. now owns 218 shares of the shipping service provider’s stock valued at $51,000 after purchasing an additional 47 shares during the period. Institutional investors own 84.47% of the company’s stock.

FedEx Stock Down 0.4%

FDX traded down $1.55 during trading on Friday, reaching $351.58. The company had a trading volume of 311,555 shares, compared to its average volume of 1,880,094. The company has a market cap of $82.66 billion, a P/E ratio of 19.39, a PEG ratio of 1.71 and a beta of 1.29. FedEx Corporation has a 12 month low of $194.29 and a 12 month high of $392.86. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23. The business’s fifty day moving average price is $345.31 and its 200 day moving average price is $285.74.

FedEx (NYSE:FDX) last issued its quarterly earnings data on Thursday, December 18th. The shipping service provider reported $4.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.02 by $0.80. FedEx had a net margin of 4.81% and a return on equity of 16.63%. The company had revenue of $23.47 billion during the quarter, compared to the consensus estimate of $22.79 billion. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.05 earnings per share. FedEx has set its FY 2026 guidance at 17.800-19.000 EPS. Equities analysts anticipate that FedEx Corporation will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th will be issued a dividend of $1.45 per share. This represents a $5.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, March 9th. FedEx’s dividend payout ratio is 31.97%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Raymond James Financial increased their target price on shares of FedEx from $305.00 to $410.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Oppenheimer reissued a “market perform” rating on shares of FedEx in a report on Friday, December 19th. Argus upped their price objective on shares of FedEx from $250.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Zacks Research raised FedEx from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. Finally, Evercore lifted their target price on FedEx from $364.00 to $380.00 in a report on Tuesday, February 24th. Two equities 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $371.00.

Key FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx is rolling out an AI agent workforce to automate operational workflows and customer interactions, which could lower costs and improve network efficiency over time. FedEx Is Planning an AI Agent Workforce
• Positive Sentiment: JPMorgan projects strong price appreciation for FDX, a major buy-side endorsement that can attract investor flows and support the stock multiple. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for FedEx (NYSE:FDX) Stock
• Positive Sentiment: Analysts expect FedEx to beat upcoming earnings estimates (company has a recent track record of upside), which can further justify the rally and drive near-term upside. FedEx (FDX) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
• Positive Sentiment: FedEx has overtaken UPS in market value for the first time, a symbolic market-share/leadership signal that can boost investor confidence. UPS Falls 11% — And FedEx Just Stole Its Crown
• Neutral Sentiment: FedEx sued the U.S. government seeking protection from multibillion-dollar class-action claims tied to surcharge collections — a legal move that could limit exposure if successful but creates regulatory/legal uncertainty until resolved. Why FedEx Is Suing US Government
• Neutral Sentiment: FedEx is piloting reusable packaging for closed-loop B2B shipping — a strategic sustainability initiative that may lower costs and appeal to corporate customers over time but has limited near-term earnings impact. FedEx offers reusable packaging for closed-loop shipping
• Negative Sentiment: Critical analysis argues FedEx’s valuation has risen too far after the big rally, highlighting the risk of multiple compression if earnings momentum slows. FedEx Corporation: Its Valuation Has Already Traveled Quite Too Far
• Negative Sentiment: Commentary asks whether the stock is fairly priced after a ~50% one‑year rally, flagging lower margin of safety and potential for pullbacks if macro/tariff risks reassert. Is It Too Late To Consider FedEx (FDX) After A 52% One Year Rally?

FedEx Profile

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.