FedEx EVP Kawal Preet Buys Shares Amid Insider Activity

Kawal Preet, Executive Vice President of Planning, Engineering, and Transformation at FedEx Corporation, recently bought 3,567 shares of the company. This transaction, which took place on June 25, 2026, is part of a series of insider purchases that highlight confidence in the company's future prospects.

Insider Buying and Selling at FedEx Corporation

Several FedEx insiders, including Kawal Preet, have been active in the stock market. On June 25, 2026, insiders like Ray Scott, COO for U.S. & Canada, and Tracy Brightman, EVP - Chief People Officer, each bought shares. Ray Scott purchased 4,734 shares while Tracy Brightman acquired 3,567 shares. These transactions were not part of any pre-planned trading programs, indicating a direct expression of confidence in the company's trajectory.

Other Institutional Activity in FedEx Corporation

Institutional investors have also been adjusting their stakes in FedEx. BlackRock, Inc. increased its holdings by 1,979,382 shares, ending with 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 worth about $4.95 billion. Meanwhile, State Street Corp added 273,248 shares to its holdings, now totaling 12,089,667 shares valued at around $3.48 billion, a 2.3% increase. In contrast, Dodge & Cox reduced its stake by 5,598,719 shares, now holding 9,983,449 shares worth about $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 cap of $76 billion, with a P/E ratio of 17 and a forward P/E of 15.38. The company's stock has seen a 52-week range between $174.13 and $345.37. Its 50-day moving average stands at $317.90, while the 200-day moving average is $261.25. FedEx maintains a current ratio of 1.475 and a quick ratio of 1.374, with a debt-to-equity ratio of 135.694.

Recent Earnings

FedEx reported revenue of $94.72 billion, reflecting a 12.5% growth. The company's earnings per share (EPS) is $18.73, and it achieved a net margin of 4.68%, with a return on equity (ROE) of 14.85%. FedEx is set to report its next earnings on October 12, 2026.

Dividend

FedEx pays an annual dividend rate of $4.88, yielding 1.53%. The dividend payout ratio is 30.59%.

Analysts Set New Price Targets

Analysts continue to show strong interest in FedEx. On June 25, 2026, Truist Securities maintained a 'buy' rating with a price target of $365. Citigroup also maintained a 'buy' rating on June 24, 2026, with a $359 target. Other firms like B of A Securities and UBS also maintain 'buy' ratings, with targets of $378 and $350, respectively. The consensus rating for FedEx is a 'buy', with an average price target of $349.64 based on 23 analyst opinions.

About FedEx Corporation

FedEx Corporation, headquartered in Memphis, Tennessee, operates in the Industrials sector within the Integrated Freight & Logistics industry. The company provides a broad range of transportation, e-commerce, and business services across the globe. Founded in 1971, FedEx is led by CEO Mr. Rajesh Subramaniam and employs thousands of people worldwide.

Bottom Line

The recent insider purchases by FedEx executives, including Kawal Preet, suggest a strong belief in the company's future performance. Institutional investors are also actively managing their positions, reflecting varied strategies in response to market conditions. As FedEx prepares for its upcoming earnings report, analysts remain optimistic, maintaining 'buy' ratings with robust price targets. Investors keep a close watch on these developments, acknowledging that insider and institutional activities can influence market perceptions.