Rep. Marjorie Taylor Greene Buys FedEx Co. (NYSE:FDX) Stock

Posted by Geri Gentry on Apr 9th, 2025

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of FedEx Co. (NYSE:FDX). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in FedEx stock on April 4th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of Dell Technologies (NYSE:DELL) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/4/2025.
Purchased $1,001 – $15,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/4/2025.

FedEx Price Performance

Shares of FDX stock traded down $2.63 during midday trading on Wednesday, reaching $195.44. 316,570 shares of the company traded hands, compared to its average volume of 1,755,725. The firm has a market cap of $46.83 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 1.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.23 and a quick ratio of 1.19. The firm’s 50 day simple moving average is $247.73 and its two-hundred day simple moving average is $267.18. FedEx Co. has a 1-year low of $194.69 and a 1-year high of $313.84.

FedEx (NYSE:FDX – Get Free Report) last posted its earnings results on Thursday, March 20th. The shipping service provider reported $4.51 earnings per share for the quarter, missing the consensus estimate of $4.56 by ($0.05). The firm had revenue of $22.16 billion during the quarter, compared to analyst estimates of $21.96 billion. FedEx had a net margin of 4.45% and a return on equity of 15.59%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the company posted $3.86 EPS. On average, equities research analysts expect that FedEx Co. will post 19.14 EPS for the current fiscal year.

FedEx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 10th were issued a $1.38 dividend. The ex-dividend date was Monday, March 10th. This represents a $5.52 dividend on an annualized basis and a yield of 2.82%. FedEx’s dividend payout ratio (DPR) is presently 34.63%.

Insiders Place Their Bets

In other news, Director Susan C. Schwab sold 3,980 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $276.45, for a total transaction of $1,100,271.00. Following the completion of the sale, the director now owns 8,904 shares in the company, valued at approximately $2,461,510.80. This represents a 30.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO John Alan Smith sold 6,155 shares of the business’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $243.55, for a total value of $1,499,050.25. Following the sale, the chief operating officer now owns 23,347 shares in the company, valued at approximately $5,686,161.85. The trade was a 20.86 % decrease in their position. The disclosure for this sale can be found here. 8.87% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on FDX shares. Citigroup lowered their price target on shares of FedEx from $305.00 to $267.00 and set a “buy” rating on the stock in a research report on Tuesday. Truist Financial started coverage on FedEx in a research report on Thursday, March 13th. They set a “buy” rating and a $305.00 price target for the company. Oppenheimer reissued a “market perform” rating on shares of FedEx in a report on Friday, March 21st. Loop Capital lowered FedEx from a “hold” rating to a “sell” rating and decreased their price objective for the company from $283.00 to $221.00 in a research note on Friday, March 21st. Finally, TD Cowen cut their target price on shares of FedEx from $337.00 to $310.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $300.63.

View Our Latest Stock Report on FedEx

Hedge Funds Weigh In On FedEx

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fortitude Family Office LLC boosted its holdings in shares of FedEx by 144.4% in the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the shipping service provider’s stock valued at $25,000 after acquiring an additional 52 shares in the last quarter. Transce3nd LLC bought a new position in FedEx during the 4th quarter valued at $26,000. Peoples Financial Services CORP. bought a new stake in shares of FedEx in the 4th quarter worth $28,000. City Holding Co. acquired a new stake in shares of FedEx in the fourth quarter valued at $28,000. Finally, Kentucky Trust Co acquired a new position in FedEx during the fourth quarter worth about $28,000. Institutional investors own 84.47% of the company’s stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

FedEx Company Profile

(Get Free Report)

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.