Rep. Marjorie Taylor Greene Purchases Shares of FedEx Co. (NYSE:FDX)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of FedEx Co. (NYSE:FDX). In a filing disclosed on April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in FedEx stock on April 8th.

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

• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Cummins (NYSE:CMI) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 4/9/2025.

FedEx Stock Performance

NYSE:FDX traded down $3.12 during midday trading on Tuesday, reaching $207.33. The stock had a trading volume of 437,032 shares, compared to its average volume of 1,772,073. The stock has a market cap of $49.68 billion, a P/E ratio of 13.21, a P/E/G ratio of 1.11 and a beta of 1.24. The company has a quick ratio of 1.19, a current ratio of 1.23 and a debt-to-equity ratio of 0.73. FedEx Co. has a 12-month low of $194.30 and a 12-month high of $313.84. The firm has a fifty day simple moving average of $243.22 and a two-hundred day simple moving average of $265.34.

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

FedEx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 10th were issued a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend was Monday, March 10th. FedEx’s payout ratio is currently 34.63%.

Insider Activity at FedEx

In other news, COO John Alan Smith sold 6,155 shares of FedEx stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $243.55, for a total value of $1,499,050.25. Following the transaction, the chief operating officer now owns 23,347 shares of the company’s stock, valued at $5,686,161.85. The trade was a 20.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 8.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Truist Financial assumed coverage on shares of FedEx in a research report on Thursday, March 13th. They set a “buy” rating and a $305.00 target price on the stock. Citigroup decreased their price objective on shares of FedEx from $305.00 to $267.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. 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 report on Friday, March 21st. Wells Fargo & Company dropped their price objective on shares of FedEx from $275.00 to $260.00 and set an “equal weight” rating for the company in a research note on Friday, March 21st. Finally, Cfra Research raised FedEx to a “hold” rating in a report on Thursday, March 20th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $300.63.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FDX. Fortitude Family Office LLC increased its holdings in shares of FedEx by 144.4% during the fourth quarter. Fortitude Family Office LLC now owns 88 shares of the shipping service provider’s stock valued at $25,000 after purchasing an additional 52 shares during the period. Transce3nd LLC bought a new stake in shares of FedEx during the 4th quarter worth about $26,000. Peoples Financial Services CORP. acquired a new position in shares of FedEx during the fourth quarter valued at approximately $28,000. City Holding Co. acquired a new stake in FedEx in the fourth quarter worth approximately $28,000. Finally, Kentucky Trust Co bought a new stake in shares of FedEx in the 4th quarter worth $28,000. Institutional investors and hedge funds 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.

About FedEx

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.