Nucor earnings beat by $0.08, revenue fell short of estimates
FedEx Corp (NYSE:FDX), a $58 billion market cap company currently trading at $242.31, recently disclosed a significant stock transaction involving its Executive Vice President and General Counsel, Gina F. Adams. According to a Form 4 filing with the Securities and Exchange Commission, Adams sold 4,770 shares of FedEx common stock on March 24, 2025, at a price of $241.85 per share, totaling approximately $1.15 million.
On the same day, Adams exercised non-qualified stock options to acquire 4,770 shares at a price of $180.82 per share, amounting to a total value of $862,511. Following these transactions, Adams holds 13,078 shares of FedEx stock directly. The company maintains a strong 2.4% dividend yield and has maintained dividend payments for 24 consecutive years, according to InvestingPro data.
These transactions highlight the ongoing activity in FedEx’s executive stock dealings, offering investors insight into the actions of the company’s senior leadership. With a "FAIR" Financial Health score and currently trading below its Fair Value, FedEx presents an interesting opportunity for investors. Discover more exclusive insights and 7 additional ProTips with InvestingPro’s comprehensive research report.
In other recent news, FedEx has reported its third-quarter earnings for fiscal year 2025, with adjusted earnings per share (EPS) of $4.51. This figure slightly exceeded some analyst estimates but fell short of the consensus projection of $4.56. The company has revised its full-year EPS guidance downward to a range of $18.00 to $18.60, citing challenges such as softer revenue and persistent cost inflation. Despite these challenges, FedEx is on track to achieve significant cost savings through its DRIVE program, realizing approximately $600 million in the third quarter alone. Analysts from firms such as JPMorgan, Stephens, Stifel, Evercore ISI, and Raymond (NSE:RYMD) James have all adjusted their price targets for FedEx, citing various factors influencing the company’s outlook. The revised price targets range from $276 to $354, with several analysts maintaining positive ratings on the stock, such as Overweight or Outperform. These ratings reflect ongoing confidence in FedEx’s strategic initiatives, including the integration of services under Network 2.0 and the planned spin-off of its less-than-truckload (LTL) business. The market will continue to monitor FedEx’s financial performance and strategic moves as the company navigates a challenging economic environment.
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