TSX runs higher on rate cut expectations
Director Paul S. Walsh of FedEx Corp (NYSE:FDX), a prominent player in the Air Freight & Logistics industry with a market capitalization of $57.25 billion, sold 3,610 shares of common stock on July 8, 2025, for approximately $860,240. The shares were sold at prices ranging from $238.2906 to $238.3600, close to InvestingPro’s Fair Value assessment.
On the same day, Walsh also exercised options to acquire 3,610 shares of FedEx common stock at a price of $142.11, for a total value of $513,017. The company has demonstrated strong financial performance with a healthy P/E ratio of 14.2x and has maintained dividend payments for 24 consecutive years.
Following these transactions, Walsh directly owns 15,513 shares of FedEx. The company currently offers a 2.43% dividend yield and has shown commitment to shareholder returns, with management actively buying back shares. For detailed analysis and additional insights, access the comprehensive FedEx Pro Research Report on InvestingPro.
In other recent news, FedEx reported stronger-than-expected earnings for the fourth quarter of fiscal year 2025, with earnings per share (EPS) of $6.07, surpassing the forecasted $5.96. The company’s revenue also exceeded expectations, coming in at $22.2 billion against a forecast of $21.84 billion. Despite these positive results, FedEx’s first-quarter fiscal 2026 guidance of $3.40 to $4.00 per share fell short of analysts’ expectations, leading UBS to lower its price target for the company to $297, while maintaining a Buy rating. Evercore ISI also reduced its price target to $249, citing tariff-related uncertainties and ongoing trade headwinds. Meanwhile, JPMorgan maintained its Overweight rating and $290 price target, noting FedEx’s decision to withhold a full-year outlook due to limited visibility on trade policies. Additionally, FedEx has resumed its services to and from Israel after a suspension due to regional disruptions, implementing a demand surcharge for shipments to cover increased operational costs. These developments reflect the company’s strategic adjustments amid a volatile global trade environment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.