CIBC Bancorp USA Inc. Takes $94.16 Million Position in FedEx Corporation $FDX

CIBC Bancorp USA Inc. purchased a new stake in FedEx Corporation (NYSE:FDX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 399,322 shares of the shipping service provider’s stock, valued at approximately $94,164,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FDX. Vanguard Group Inc. raised its position in FedEx by 13.2% in the third quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after acquiring an additional 2,741,723 shares in the last quarter. Norges Bank purchased a new stake in shares of FedEx during the 2nd quarter worth $605,497,000. Boston Partners acquired a new position in shares of FedEx during the 3rd quarter worth $468,195,000. Dodge & Cox grew its stake in shares of FedEx by 12.0% during the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares during the period. Finally, AQR Capital Management LLC increased its holdings in shares of FedEx by 169.2% in the 3rd quarter. AQR Capital Management LLC now owns 2,733,905 shares of the shipping service provider’s stock valued at $638,203,000 after purchasing an additional 1,718,278 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Wall Street Analysts Forecast Growth

FDX has been the subject of several recent analyst reports. Citigroup raised their price objective on shares of FedEx from $327.00 to $401.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Wall Street Zen cut shares of FedEx from a “strong-buy” rating to a “buy” rating in a report on Saturday. BNP Paribas Exane set a $280.00 price target on shares of FedEx and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Wells Fargo & Company boosted their price target on FedEx from $380.00 to $430.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, Susquehanna lowered their price target on FedEx from $345.00 to $340.00 in a report on Tuesday, December 23rd. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $371.19.

FedEx Price Performance

FedEx stock opened at $354.53 on Wednesday. FedEx Corporation has a 12-month low of $194.29 and a 12-month high of $392.86. The stock has a market capitalization of $83.36 billion, a P/E ratio of 19.54, a P/E/G ratio of 1.67 and a beta of 1.29. The firm’s 50-day moving average is $348.53 and its two-hundred day moving average is $289.06. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.27 and a quick ratio of 1.23.

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

FedEx Dividend Announcement

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

Key Headlines Impacting FedEx

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Analysts have nudged FedEx higher: a recent published note raised the price target to $369 and the consensus broker rating sits at a “Moderate Buy,” which supports upside expectations into the print. FedEx (NYSE:FDX) Price Target Raised to $369.00
• Positive Sentiment: Street commentary highlights structural margin improvements from DRIVE cost cuts, AI-led efficiencies and January rate hikes — analysts are raising estimates heading into Q3, which supports the stock. FedEx to Report Q3 Earnings: Should You Buy, Sell or Hold the Stock?
• Positive Sentiment: Short-term macro tailwind: cooler oil prices have lifted U.S. futures, easing one major operating-cost concern for FedEx (fuel is a key volatile input). If oil remains softer into the quarter, margin pressure may be lessened. U.S. Stock Futures in Green on Cooler Oil Prices
• Neutral Sentiment: Operational/ESG product news: FedEx partnered with Returnity to pilot reusable B2B boxes — a longer-term efficiency/brand play but unlikely to move the stock near-term. FedEx partners with Returnity to introduce reusable boxes for B2B shipping
• Neutral Sentiment: Technical analysts are mixed: some charts call for a rebound toward the year-to-date high (~$391), which can attract momentum traders but is speculative ahead of the earnings print. FedEx Stock Price Analysis Ahead Of Earnings: Buy Or Sell?
• Negative Sentiment: Near-term headline risk: multiple outlets warn that rising oil tied to Middle East tensions could lift fuel costs and squeeze margins — this is the primary risk investors will watch at the Q3 release. All Eyes on Oil! FedEx (FDX) to Report Q3 Earnings amid Middle East Shipping Risks
• Negative Sentiment: Competitive pressure: reports show Amazon has become the largest U.S. parcel carrier by volume, eroding share from incumbents (FedEx/USPS/UPS) — a structural competitive headwind for pricing and growth. Amazon overtakes USPS as top delivery provider by volume: report
• Negative Sentiment: Retail investor skepticism: Reddit threads show rising bearishness around the planned freight spin-off, which could increase short interest and volatility into the split. FedEx Is Up ~22% This Year but Reddit Traders Are Betting Against the Freight Spin-Off

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.