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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
132% more first-time investments, than exits
New positions opened: 202 | Existing positions closed: 87
22% more funds holding in top 10
Funds holding in top 10: 32 [Q3] → 39 (+7) [Q4]
4% more funds holding
Funds holding: 1,691 [Q3] → 1,760 (+69) [Q4]
1% more capital invested
Capital invested by funds: $52.1B [Q3] → $52.6B (+$476M) [Q4]
1.38% less ownership
Funds ownership: 78.31% [Q3] → 76.93% (-1.38%) [Q4]
14% less repeat investments, than reductions
Existing positions increased: 574 | Existing positions reduced: 670
27% less call options, than puts
Call options by funds: $2.11B | Put options by funds: $2.91B
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Wells Fargo Christian Wetherbee 40% 1-year accuracy 16 / 40 met price target | 13%upside $275 | Equal-Weight Maintained | 6 Mar 2025 |
JP Morgan Brian Ossenbeck 27% 1-year accuracy 10 / 37 met price target | 33%upside $323 | Overweight Maintained | 3 Mar 2025 |
Loop Capital Rick Paterson 13% 1-year accuracy 1 / 8 met price target | 16%upside $283 | Hold Downgraded | 3 Feb 2025 |
Stifel J. Bruce Chan 6% 1-year accuracy 2 / 34 met price target | 50%upside $364 | Buy Maintained | 23 Jan 2025 |
Raymond James Patrick Tyler Brown 33% 1-year accuracy 13 / 40 met price target | 31%upside $320 | Outperform Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 9 articles about FDX published over the past 30 days









