--- title: "Alliance Private Wealth LLC Has $830,000 Stock Position in FedEx Corporation $FDX" type: "News" locale: "en" url: "https://longbridge.com/en/news/295497513.md" description: "Alliance Private Wealth LLC reduced its FedEx stake by 55.6% in Q2, holding $830,000 worth. Other institutions like Fulton Bank and Focus Financial increased positions. Analyst ratings remain mixed with a 'Moderate Buy' consensus and $350.54 target. FedEx reported $5.88 EPS for the quarter with $23.26B revenue, while recent analyst actions included price target adjustments from Bank of America, Goldman Sachs, and UBS." datetime: "2026-08-11T07:12:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295497513.md) - [en](https://longbridge.com/en/news/295497513.md) - [zh-HK](https://longbridge.com/zh-HK/news/295497513.md) --- # Alliance Private Wealth LLC Has $830,000 Stock Position in FedEx Corporation $FDX Alliance Private Wealth LLC reduced its stake in FedEx Corporation (NYSE:FDX - Free Report) by 55.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,650 shares of the shipping service provider's stock after selling 3,312 shares during the quarter. Alliance Private Wealth LLC's holdings in FedEx were worth $830,000 at the end of the most recent reporting period. - GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics Stocks Several other hedge funds have also recently bought and sold shares of FDX. Fulton Bank N.A. increased its stake in shares of FedEx by 10.7% during the second quarter. Fulton Bank N.A. now owns 6,770 shares of the shipping service provider's stock worth $2,120,000 after purchasing an additional 656 shares during the period. Focus Financial Network Inc. boosted its position in shares of FedEx by 4.7% in the second quarter. Focus Financial Network Inc. now owns 2,036 shares of the shipping service provider's stock valued at $640,000 after acquiring an additional 92 shares during the period. Sax Wealth Advisors LLC grew its stake in shares of FedEx by 17.0% in the second quarter. Sax Wealth Advisors LLC now owns 1,369 shares of the shipping service provider's stock valued at $429,000 after acquiring an additional 199 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its position in FedEx by 3.8% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 5,144 shares of the shipping service provider's stock worth $1,611,000 after acquiring an additional 189 shares during the period. Finally, Valeo Financial Advisors LLC increased its position in FedEx by 0.4% during the second quarter. Valeo Financial Advisors LLC now owns 12,393 shares of the shipping service provider's stock worth $3,880,000 after acquiring an additional 52 shares during the period. 84.47% of the stock is currently owned by institutional investors and hedge funds. ## Analyst Upgrades and Downgrades FDX has been the subject of a number of recent research reports. Bank of America boosted their price objective on shares of FedEx from $376.00 to $378.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft cut shares of FedEx from a "buy" rating to a "hold" rating in a report on Wednesday, May 27th. The Goldman Sachs Group dropped their price target on shares of FedEx from $405.00 to $375.00 and set a "buy" rating for the company in a research report on Monday, June 1st. BNP Paribas Exane cut their price target on FedEx from $335.00 to $269.76 and set a "neutral" rating for the company in a research note on Tuesday, June 2nd. Finally, UBS Group reduced their price target on FedEx from $445.00 to $350.00 and set a "buy" rating on the stock in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $350.54. - FedEx’s Earnings Drop May Be Missing the Bigger Freight Story **Read Our Latest Report on FDX** ## FedEx Stock Performance Shares of FedEx stock opened at $324.52 on Tuesday. The company has a 50 day moving average of $319.20 and a 200-day moving average of $350.71. FedEx Corporation has a 1-year low of $176.00 and a 1-year high of $345.36. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. The company has a market cap of $76.78 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 1.64 and a beta of 1.30. - 3 Stocks to Watch If the Strait of Hormuz Reopens FedEx (NYSE:FDX - Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The business had revenue of $23.26 billion for the quarter. As a group, equities research analysts forecast that FedEx Corporation will post 17.6 earnings per share for the current fiscal year. ## FedEx Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 22nd were given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, June 22nd. FedEx's dividend payout ratio is currently 26.36%. ## Insiders Place Their Bets In related news, Director Paul S. Walsh sold 5,042 shares of the firm's stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the sale, the director directly owned 16,359 shares of the company's stock, valued at $5,309,477.04. This trade represents a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.53% of the stock is owned by company insiders. ## About FedEx (Free Report) 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. ## Read More - Five stocks we like better than FedEx - SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat - 3 Dividend Champion Utilities for a Market That Can't Sit Still - These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI - First Solar’s Profit Engine Faces a New Policy Test in Washington _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in FedEx Right Now? Before you consider FedEx, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FedEx wasn't on the list. While FedEx currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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