Lombard Odier Asset Management Switzerland SA Purchases New Position in FedEx Corporation $FDX

27 Jul 2026, 10:25 by Mitch Edgeman · The Markets Daily

Lombard Odier Asset Management Switzerland SA purchased a new stake in FedEx Corporation (NYSE:FDX – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 6,088 shares of the shipping service provider’s stock, valued at approximately $2,168,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FDX. Waverly Advisors LLC increased its holdings in shares of FedEx by 4.5% during the 1st quarter. Waverly Advisors LLC now owns 11,737 shares of the shipping service provider’s stock valued at $4,180,000 after purchasing an additional 504 shares in the last quarter. Entropy Technologies LP boosted its holdings in FedEx by 2,864.5% during the first quarter. Entropy Technologies LP now owns 49,567 shares of the shipping service provider’s stock worth $17,655,000 after buying an additional 47,895 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in FedEx by 58.3% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 13,587 shares of the shipping service provider’s stock valued at $4,839,000 after buying an additional 5,006 shares during the period. Dai ichi Life Insurance Company Ltd increased its holdings in FedEx by 31.6% in the first quarter. Dai ichi Life Insurance Company Ltd now owns 6,613 shares of the shipping service provider’s stock valued at $2,355,000 after buying an additional 1,588 shares in the last quarter. Finally, Beaconlight Capital LLC purchased a new stake in shares of FedEx during the 1st quarter worth about $5,414,000. Institutional investors and hedge funds own 84.47% of the company’s stock.

FedEx Stock Down 0.1%

Shares of NYSE FDX opened at $314.77 on Monday. The stock has a market cap of $74.47 billion, a PE ratio of 17.01, a P/E/G ratio of 1.62 and a beta of 1.29. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. FedEx Corporation has a 12-month low of $172.88 and a 12-month high of $345.36. The company has a 50-day moving average of $335.98 and a 200 day moving average of $350.42.

FedEx (NYSE:FDX – Get Free Report) last issued its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. The business had revenue of $23.26 billion for the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. As a group, sell-side analysts predict that FedEx Corporation will post 17.6 EPS for the current fiscal year.

FedEx Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd were paid a $1.22 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $4.88 dividend on an annualized basis and a dividend yield of 1.6%. FedEx’s dividend payout ratio (DPR) is 26.36%.

Analyst Ratings Changes

A number of equities analysts have issued reports on FDX shares. Wall Street Zen upgraded FedEx from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 6th. The Goldman Sachs Group decreased their target price on FedEx from $405.00 to $375.00 and set a “buy” rating on the stock in a research report on Monday, June 1st. Seaport Research Partners assumed coverage on shares of FedEx in a report on Wednesday, May 27th. They issued a “buy” rating for the company. Argus increased their price objective on shares of FedEx from $350.00 to $400.00 and gave the company a “buy” rating in a report on Monday, April 6th. Finally, BMO Capital Markets restated a “market perform” rating on shares of FedEx in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, FedEx currently has an average rating of “Moderate Buy” and a consensus price target of $350.54.

Read Our Latest Analysis on FedEx

Insider Activity at FedEx

In other news, Director Paul S. Walsh sold 5,042 shares of FedEx stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the transaction, the director owned 16,359 shares in the company, valued at $5,309,477.04. The trade was a 23.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.53% of the stock is currently owned by corporate insiders.

FedEx Profile

(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.