Susquehanna Fundamental Investments LLC Purchases 190,662 Shares of FedEx Corporation $FDX

Susquehanna Fundamental Investments LLC raised its position in FedEx Corporation (NYSE:FDX) by 1,308.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 205,230 shares of the shipping service provider’s stock after buying an additional 190,662 shares during the period. FedEx accounts for 1.2% of Susquehanna Fundamental Investments LLC’s investment portfolio, making the stock its 13th biggest holding. Susquehanna Fundamental Investments LLC’s holdings in FedEx were worth $64,264,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Hollencrest Capital Management bought a new stake in FedEx during the first quarter worth $25,000. Bayban bought a new position in FedEx in the 1st quarter valued at $26,000. Solstein Capital LLC purchased a new stake in shares of FedEx during the 2nd quarter valued at $27,000. EFG International AG purchased a new stake in shares of FedEx during the 4th quarter valued at $27,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of FedEx during the 3rd quarter worth $28,000. 84.47% of the stock is owned by institutional investors.

More FedEx News

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: The U.S. Transportation Command awarded FedEx and United Parcel Service modified defense contracts valued at approximately $2.72 billion each. The agreements run through September 2030 and could provide FedEx with steady, multiyear government revenue. FedEx Corporation is Growing Faster, but Could United Parcel Have More Margin Upside?
• Positive Sentiment: FedEx committed about $400 million to air-cargo hubs in Delhi and Mumbai. The facilities will add more than 500,000 square feet of capacity and position the company to benefit from India’s expected logistics growth. FedEx Commits $400 Million to Indian Air Cargo Growth With Delhi, Mumbai Hubs
• Positive Sentiment: The board declared a quarterly dividend of $1.22 per share. Commentators also argue that FedEx’s growth profile and valuation could offer upside, with Wall Street’s average recommendation remaining bullish, though analyst optimism should be treated cautiously. Following FedEx Dividend and India Hub Plans, Are Shares Below Fair Value?
• Neutral Sentiment: FedEx’s freight separation is prompting investors to compare the standalone freight business with the remaining parcel and logistics company. The transaction may sharpen strategic focus, but the preferred investment depends on execution and the future performance of each stock. FedEx Just Spun Off Its Freight Division. Which Stock Should You Own?
• Neutral Sentiment: FedEx shareholders will vote on three governance proposals, creating a potential near-term corporate-governance catalyst, although the available report does not specify the proposals or their likely effect. FedEx Shareholders Will Vote On Three Governance Proposals
• Negative Sentiment: Investors continue to weigh tariff uncertainty, shifting trade routes and geopolitical disruption. FedEx’s CEO believes supply-chain “reglobalization” could create opportunities, but those conditions can also pressure volumes, costs and margins. The Supply-Chain Savant: How FedEx CEO Raj Subramaniam Leads Through Reglobalization

FedEx Price Performance

FDX opened at $331.10 on Monday. The firm has a 50-day moving average price of $319.32 and a 200-day moving average price of $350.61. FedEx Corporation has a twelve month low of $177.05 and a twelve month high of $345.36. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $78.36 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 1.70 and a beta of 1.30.

FedEx (NYSE:FDX) last released its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 EPS for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The company had revenue of $23.26 billion during the quarter. Equities analysts expect that FedEx Corporation will post 17.6 EPS for the current year.

FedEx Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, September 14th. FedEx’s payout ratio is presently 26.36%.

Insider Activity

In related news, Director Paul S. Walsh sold 5,042 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the sale, the director owned 16,359 shares of the company’s stock, valued at approximately $5,309,477.04. This represents a 23.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.65% of the company’s stock.

Wall Street Analysts Forecast Growth

FDX has been the subject of several research reports. Citizens Jmp initiated coverage on shares of FedEx in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price target for the company. Stifel Nicolaus lowered their price objective on shares of FedEx from $442.00 to $326.00 and set a “buy” rating on the stock in a research report on Wednesday, June 24th. Truist Financial reduced their target price on shares of FedEx from $425.00 to $365.00 and set a “buy” rating for the company in a research report on Thursday, June 25th. Wall Street Zen upgraded shares of FedEx to a “hold” rating in a research note on Saturday, August 8th. Finally, Stephens raised shares of FedEx to a “strong-buy” rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $350.54.

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.