FedEx (NYSE:FDX) EVP Tracy Brightman Sells 26,611 Shares of Company Stock

FedEx Corporation (NYSE:FDX) EVP Tracy Brightman sold 26,611 shares of the company’s stock in a transaction on Friday, October 30th. The stock was sold at an average price of $316.68, for a total value of $8,427,171.48. Following the completion of the sale, the executive vice president owned 12,245 shares of the company’s stock, valued at $3,877,746.60. This represents a 68.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

FedEx Stock Performance

Shares of FedEx stock opened at $313.45 on Friday. The firm has a market cap of $73.41 billion, a P/E ratio of 19.28, a P/E/G ratio of 1.24 and a beta of 1.28. The company has a current ratio of 1.33, a quick ratio of 1.44 and a debt-to-equity ratio of 0.50. FedEx Corporation has a 12 month low of $198.00 and a 12 month high of $345.36. The stock’s fifty day moving average price is $304.30 and its 200-day moving average price is $337.14.

FedEx (NYSE:FDX) last released its quarterly earnings data on Wednesday, October 28th. The shipping service provider reported $3.74 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.40. FedEx had a net margin of 4.09% and a return on equity of 15.53%. The company had revenue of $22.93 billion during the quarter, compared to analyst estimates of $22.73 billion. During the same period in the prior year, the firm earned $3.83 earnings per share. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, equities research analysts expect that FedEx Corporation will post 18.27 earnings per share for the current fiscal year.

FedEx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Monday, September 14th were issued a $1.22 dividend. The ex-dividend date was Monday, September 14th. This represents a $4.88 annualized dividend and a dividend yield of 1.6%. FedEx’s payout ratio is currently 30.01%.

Institutional Investors Weigh In On FedEx

Several institutional investors have recently bought and sold shares of FDX. BlackRock Inc. purchased a new position in shares of FedEx during the second quarter worth about $6,508,103,000. Primecap Management Co. CA purchased a new stake in FedEx during the 2nd quarter valued at approximately $2,554,138,000. Bank of America Corp DE acquired a new stake in FedEx during the 2nd quarter worth approximately $579,171,000. Bank of New York Mellon Corp acquired a new stake in FedEx during the 2nd quarter worth approximately $466,943,000. Finally, Legal & General Group Plc purchased a new position in shares of FedEx in the 2nd quarter valued at approximately $448,121,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Sanford C. Bernstein set a $377.00 price objective on shares of FedEx in a report on Monday. JPMorgan Chase & Co. upped their target price on FedEx from $399.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday. Wall Street Zen upgraded FedEx to a “hold” rating in a report on Saturday, August 8th. UBS Group reissued a “hold” rating on shares of FedEx in a research report on Friday. Finally, Stephens upgraded FedEx to a “strong-buy” rating in a research note on Wednesday, July 8th. One research 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.com, FedEx has an average rating of “Moderate Buy” and a consensus price target of $365.84.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: FedEx raised its fiscal 2026 guidance to adjusted EPS of $18.00–$18.60, above the $17.85 consensus estimate, and forecast revenue of approximately $98.4 billion versus expectations of $91.6 billion. FedEx raises 2026 earnings outlook as quarterly revenue jumps
• Positive Sentiment: Fiscal third-quarter adjusted EPS of $3.74 exceeded the $3.34 analyst consensus, while revenue reached about $22.9 billion, helped by higher package yields, volume growth and cost savings. Management also authorized roughly $2 billion in share repurchases during the quarter. FedEx Q3 earnings top estimates
• Positive Sentiment: Analyst sentiment improved: JPMorgan raised its price target to $400 while maintaining an overweight rating, and HSBC upgraded FedEx to Buy with a $370 target. Investors are also watching increased air-freight demand from data-center and other high-value customers. JPMorgan FedEx rating
• Neutral Sentiment: FedEx Freight reported improving adjusted revenue, operating income and margins in its first standalone results, and raised its outlook. However, continued soft shipment volumes mean future gains depend heavily on maintaining pricing discipline. FedEx Freight pricing outlook
• Negative Sentiment: Investors remain concerned about weaker GAAP operating margins, rising fuel and transportation costs, and a $1.2 billion loss tied to FedEx’s Freight investment. The holiday-quarter outlook was viewed as relatively soft, while domestic margin pressure and uncertain volumes could limit upside.
• Negative Sentiment: Executive Vice President Tracy Brightman sold 26,611 FedEx shares for approximately $8.4 million, reducing her holdings by about 68%. Insider sales do not necessarily indicate a change in fundamentals, but the transaction may temper sentiment at the margin. SEC insider transaction filing

FedEx Company Profile

FedEx Corporation (NYSE: FDX) 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, customs brokerage, logistics and supply chain services for businesses, governments and consumers.

The company’s services include domestic and international package delivery, less-than-truckload freight transportation, warehousing, fulfillment, supply chain management and specialized logistics solutions.