Erste Asset Management GmbH Has $5.82 Million Stock Position in FedEx Co. (NYSE:FDX)

14 Mar 2025, 08:04 by Scott Moore · The Cerbat Gem

Erste Asset Management GmbH lowered its position in FedEx Co. (NYSE:FDX – Free Report) by 22.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,739 shares of the shipping service provider’s stock after selling 5,888 shares during the quarter. Erste Asset Management GmbH’s holdings in FedEx were worth $5,816,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of FDX. Achmea Investment Management B.V. boosted its stake in FedEx by 69.9% during the fourth quarter. Achmea Investment Management B.V. now owns 32,546 shares of the shipping service provider’s stock worth $9,156,000 after buying an additional 13,388 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of FedEx by 1.1% during the 4th quarter. Avantax Advisory Services Inc. now owns 14,835 shares of the shipping service provider’s stock valued at $4,174,000 after acquiring an additional 166 shares in the last quarter. Hopwood Financial Services Inc. bought a new stake in FedEx in the fourth quarter valued at about $251,000. Farther Finance Advisors LLC raised its position in FedEx by 4.4% in the fourth quarter. Farther Finance Advisors LLC now owns 1,742 shares of the shipping service provider’s stock worth $490,000 after purchasing an additional 73 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in FedEx by 5.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 9,731 shares of the shipping service provider’s stock worth $2,738,000 after purchasing an additional 478 shares during the period. 84.47% of the stock is currently owned by institutional investors.

FedEx Stock Down 1.1 %

Shares of FedEx stock opened at $240.74 on Friday. The business has a 50-day moving average of $263.68 and a two-hundred day moving average of $274.89. FedEx Co. has a 1 year low of $239.50 and a 1 year high of $313.84. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.23 and a quick ratio of 1.19. The company has a market capitalization of $57.98 billion, a P/E ratio of 15.34, a price-to-earnings-growth ratio of 1.11 and a beta of 1.23.

FedEx (NYSE:FDX – Get Free Report) last released its quarterly earnings results on Thursday, December 19th. The shipping service provider reported $4.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.88 by $0.17. FedEx had a return on equity of 15.59% and a net margin of 4.45%. The firm had revenue of $22 billion for the quarter, compared to the consensus estimate of $22.14 billion. During the same quarter last year, the business posted $3.99 EPS. The company’s revenue for the quarter was down .7% on a year-over-year basis. As a group, equities analysts predict that FedEx Co. will post 19.14 EPS for the current year.

FedEx Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th will be given a dividend of $1.38 per share. The ex-dividend date is Monday, March 10th. This represents a $5.52 annualized dividend and a yield of 2.29%. FedEx’s dividend payout ratio (DPR) is presently 35.18%.

Analyst Ratings Changes

Several research firms have recently weighed in on FDX. TD Cowen upped their price objective on FedEx from $328.00 to $337.00 and gave the company a “buy” rating in a research note on Friday, December 20th. Deutsche Bank Aktiengesellschaft initiated coverage on FedEx in a research note on Friday, March 7th. They set a “buy” rating and a $337.00 price objective for the company. Sanford C. Bernstein downgraded shares of FedEx from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $337.00 to $316.00 in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. decreased their price target on FedEx from $372.00 to $323.00 and set an “overweight” rating on the stock in a research report on Monday, March 3rd. Finally, Bank of America raised their price objective on shares of FedEx from $325.00 to $348.00 and gave the company a “buy” rating in a research report on Friday, December 20th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, FedEx currently has a consensus rating of “Moderate Buy” and an average target price of $318.04.

View Our Latest Analysis on FDX

Insider Activity at FedEx

In related news, EVP John W. Dietrich acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were bought at an average cost of $273.98 per share, with a total value of $273,980.00. Following the completion of the transaction, the executive vice president now directly owns 9,067 shares of the company’s stock, valued at $2,484,176.66. This trade represents a 12.40 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Amy B. Lane bought 333 shares of FedEx stock in a transaction that occurred on Thursday, December 26th. The shares were bought at an average cost of $276.06 per share, with a total value of $91,927.98. Following the acquisition, the director now directly owns 333 shares in the company, valued at $91,927.98. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders own 8.87% of the company’s stock.

FedEx Company Profile

(Free Report)