Brad Martin Buys Shares of FedEx Corporation
FedEx's Executive Chairman, Brad Martin, purchased 8,711 shares of the company.
Key Points
- Brad Martin, FedEx's Executive Chairman, purchased 8,711 shares on June 25, 2026.
- FedEx Corporation, trading at $329.44, has a market cap of $76 billion and a P/E ratio of 17.
- Analysts like Truist Securities and Citigroup maintain 'buy' ratings with price targets of $365 and $359, respectively.
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Brad Martin, the Executive Chairman of FedEx Corporation, bought 8,711 shares of the company on June 25, 2026. This insider purchase is notable as it reflects confidence from the leadership. The transaction was not part of a pre-arranged trading plan.
Other Institutional Activity in FedEx
Several institutional investors have also made moves in FedEx recently. BlackRock, Inc. increased its holdings by 1,979,382 shares, bringing its total to 18,803,689 shares valued at approximately $6.7 billion, marking an 11.8% increase. Vanguard Capital Management LLC opened a new position with 13,900,990 shares valued at about $4.95 billion. State Street Corp added 273,248 shares, ending with 12,089,667 shares worth around $3.48 billion, a 2.3% increase. However, Dodge & Cox reduced its stake by 5,598,719 shares, leaving it with 9,983,449 shares valued at $3.56 billion, a 35.9% decrease.
FedEx Corporation Stock Down 3.5%
Shares of NYSE:FDX traded near $329.44 on Saturday. FedEx Corporation has a market capitalization of $76 billion and a P/E ratio of 17. The stock's 52-week range is between $174.13 and $345.37. It has a 50-day moving average of $317.90 and a 200-day moving average of $261.25. The company's beta is 1.299, indicating a higher volatility compared to the market.
$FDX stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
FedEx reported revenue of $94.72 billion, with a growth rate of 12.5%. Its earnings per share (EPS) stand at $18.73, and it has a net margin of 4.68%. The return on equity (ROE) is 14.85%. The next earnings release is scheduled for October 12, 2026.
Dividend
FedEx pays an annual dividend rate of $4.88, yielding 1.53% with a payout ratio of 30.59%. This provides income to shareholders while retaining earnings for growth.
Insider Buying and Selling at FedEx Corporation
In addition to Brad Martin, several other executives made purchases on June 25, 2026. Ray Scott, COO for U.S. & Canada, bought 3,567 and 4,734 shares in two separate transactions. Tracy Brightman, EVP and Chief People Officer, also purchased 3,567 and 4,734 shares. Preet Kawal, EVP of Planning, Engineering, and Transformation, acquired 4,734 shares, while Gina Adams, EVP and General Counsel/Secretary, bought 3,567 shares. None of these transactions were pre-planned.
Analysts Set New Price Targets
On June 25, 2026, Truist Securities maintained its 'buy' rating with a price target of $365. Citigroup also sustained a 'buy' rating with a $359 target on June 24. Other firms like B of A Securities, Stifel, and UBS have similar 'buy' ratings with targets ranging from $326 to $378. The consensus among 23 analysts is a 'buy' recommendation with an average target price of $349.64.
About FedEx Corporation
FedEx Corporation, headquartered in Memphis, Tennessee, is a leading player in the industrials sector, specifically in integrated freight and logistics. Founded in 1971, the company offers a wide range of services including transportation, e-commerce solutions, and business services both in the U.S. and internationally. Under the leadership of CEO Rajesh Subramaniam, FedEx continues to innovate in logistics and supply chain management.
Bottom Line
Brad Martin's recent purchase adds to the insider activity at FedEx, which is often watched by investors as a sign of confidence in the company's prospects. With a solid financial position and positive analyst sentiment, FedEx remains a key player in the logistics industry. As always, it's important to remember that insider trades are disclosed after the fact and may not reflect current positions.
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