FedEx
About: FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
Employees: 823,600
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 12 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
9% less repeat investments, than reductions
Existing positions increased: 607 | Existing positions reduced: 667
3.07% less ownership
Funds ownership: 81.38% [Q2] → 78.32% (-3.07%) [Q3]
4% less funds holding
Funds holding: 1,748 [Q2] → 1,683 (-65) [Q3]
13% less capital invested
Capital invested by funds: $60B [Q2] → $52.1B (-$7.93B) [Q3]
19% less call options, than puts
Call options by funds: $2.02B | Put options by funds: $2.51B
27% less funds holding in top 10
Funds holding in top 10: 44 [Q2] → 32 (-12) [Q3]
28% less first-time investments, than exits
New positions opened: 104 | Existing positions closed: 145
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$316
15%
upside
Avg. target
$344
25%
upside
High target
$372
35%
upside
12 analyst ratings
9 positive
75%
3 neutral
25%
0 negative
0%
JP Morgan Brian Ossenbeck 50% 1-year accuracy 18 / 36 met price target | 35%upside $372 | Overweight Maintained | 7 Jan 2025 |
Raymond James Patrick Tyler Brown 57% 1-year accuracy 21 / 37 met price target | 16%upside $320 | Outperform Maintained | 20 Dec 2024 |
B of A Securities Ken Hoexter 40% 1-year accuracy 21 / 53 met price target | 27%upside $348 | Buy Maintained | 20 Dec 2024 |
BMO Capital Fadi Chamoun 53% 1-year accuracy 9 / 17 met price target | 20%upside $330 | Market Perform Maintained | 20 Dec 2024 |
Stephens & Co. Daniel Imbro 61% 1-year accuracy 14 / 23 met price target | 25%upside $345 | Overweight Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 15 articles about FDX published over the past 30 days
Neutral
Zacks Investment Research
1 week ago
Insiders are Buying These 3 Large Cap Stocks
Investors can see insider buys as an overall net positive concerning the longer-term outlook. Recently, these three companies have seen their insiders get busy.
Positive
The Motley Fool
1 week ago
Billionaire Bill Gates Is Betting Big on a Transportation Recovery. This Stock Could Take Off if He's Right.
Billionaire Bill Gates is one of the most respected business leaders in the world. Gates co-founded Microsoft and was its CEO through its most rapid growth years in the '80s and '90s as Microsoft came to dominate the market for PC operating systems and productivity software in its Office suite, positions it still enjoys today.
Neutral
GlobeNewsWire
1 week ago
ICIC Honors the Nation's Fastest-Growing Businesses in Under-Resourced Communities
Special Awards Presented by Chevron, FedEx, and ICIC Celebrate Exceptional Community Impact and Business Leadership Special Awards Presented by Chevron, FedEx, and ICIC Celebrate Exceptional Community Impact and Business Leadership
Neutral
Business Wire
1 week ago
FedEx Announces Commencement of Exchange Offers and Consent Solicitations for Senior Notes
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today the commencement of offers to exchange any and all of its outstanding senior notes of the series listed in the table below (the “Existing Notes”) for new notes to be issued by FedEx (the “New Notes”). As previously disclosed, FedEx has announced that its Board of Directors has decided to pursue a full separation of its FedEx Freight business through the capital markets, creating a new publicly traded company. The.
Negative
Zacks Investment Research
2 weeks ago
Is FDX Stock a Smart Investment Option for the New Year?
Amid FDX's cost-cut efforts in the face of demand weakness, we asses the investment worthiness of the stock.
Positive
24/7 Wall Street
2 weeks ago
5 Of Bairds Top 2025 Red-Hot Stock Ideas Pay Dependable Recurring Dividends
With all of the major indices making solid moves higher in 2024, we were very interested to see what the top prognosticators across Wall Street think is in store for 2025 as we start the second quarter of the new century.
Positive
MarketBeat
2 weeks ago
Insiders Are Loading Up: 3 Key Stock Picks for Investors
The new year is just getting started, and that means investors need to get off on the right footing for the first quarter so that they can have the rest of the year as an open field to take on more positions and ideas, with not only the confidence but the financial room they would have made for themselves after rocking the start of the year. To get this done, investors should align themselves with what some Wall Street firms are doing right now.
Positive
Seeking Alpha
3 weeks ago
FedEx: Choose The Child Over The Parent Post Spinoff
FDX's Q2 report was unimpressive, with revenue down 0.9% y/y and EPS up 1.5% y/y, missing and beating analyst estimates respectively. The spinoff of the Freight business is a positive move, expected to unlock significant shareholder value and provide higher long-term returns. Post the spinoff, investors are better off investing fully in the Freight Entity and exiting the parent company.
Positive
Forbes
3 weeks ago
FedEx Corporation To Spin-Off FedEx Freight Business In 1H26
On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full separation of FedEx Freight through the capital markets, creating a new publicly traded company (for more information, visit spinoffresearch.com).
Positive
24/7 Wall Street
3 weeks ago
Bill Gates Bought Only 2 Stocks in Q3 and He's Betting Big on Just One Sector
Microsoft (NASDAQ:MSFT) remains important to Bill Gates as it retains the largest position in his Bill & Melinda Gates Foundation portfolio, one of the world's largest philanthropic organizations.
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