Brandes Investment Partners 13F: Cuts FedEx (FDX) Stake by $5.4M

Brandes Investment Partners Trims FedEx Stake

Brandes Investment Partners adjusted its exposure to FedEx Corporation (NYSE: FDX) in its latest Form 13F filing with the SEC, which reflects holdings as of May 15, 2026. Known for its value-oriented investing style, the firm trimmed its portfolio footprint in the shipping and logistics provider during the period. Because 13F filings look backward, the report shows a snapshot in time and might not reflect the fund's current daily position.

Details of the FedEx Share Reduction

During the reporting window, Brandes Investment Partners shed 16,814 shares of FedEx Corporation. That move marked a 2.3% decrease from its prior holdings of 723,281 shares. The firm closed out the period with 706,467 shares remaining in the portfolio. Based on reported metrics, the remaining stake held an approximate value of $226.4 million.

FedEx Stock Performance and Valuation

FedEx Corporation shares traded around $320.41 on the market. The company carries a market capitalization of roughly $69.9 billion and a price-to-earnings ratio of 15.93. With a forward P/E ratio of 14.17 and a beta of 1.33, the stock moves with moderate volatility compared to the broader market. The shares have traded between a 52-week low of $188.98 and a high of $345.37.

Recent Earnings and Financial Health

For its recent financial reporting, FedEx posted an earnings per share of $18.55 on annual revenue of $94.72 billion. The company generated a revenue growth rate of 12.5%, alongside a net profit margin of 4.68% and a return on equity of 14.84%. The firm's next quarterly earnings report is scheduled for October 28, 2026.

Dividend Profile

FedEx offers an annual dividend yield of 1.65%, supported by a dividend payout ratio of 31.27%. This steady payout reflects the company's capital return strategy for shareholders while reinvesting in its global logistics networks.

Insider Buying and Selling at FedEx Corporation

In late June 2026, several executives and board members added to their holdings in the company. On June 25, 2026, Executive Chairman Brad Martin bought 8,711 shares, while EVP and General Counsel Gina Adams picked up 4,734 shares. Other notable transactions on the same day included EVP and Chief Customer Officer Brie Carere purchasing 3,567 shares, EVP Kawal Preet acquiring 3,567 shares, EVP Tracy Brightman buying 4,734 shares, and Mark Edmunds adding 187 shares.

Analysts Set New Price Targets

Wall Street analysts maintain a generally favorable outlook on FedEx Corporation, holding a consensus recommendation key of buy across 26 analyst opinions. The target mean price stands at $355.88, with a high target of $479.00 and a low target of $160.00. Recent updates include Citigroup maintaining a buy rating on October 7, 2026, with a price target of $373.00, and Truist Securities maintaining a buy rating on the same day with a target of $350.00.

Inside FedEx Corporation

Headquartered in Memphis, Tennessee, FedEx Corporation provides transportation, e-commerce, and business services across the United States and internationally. Founded in 1971, the company operates through express shipping, ground logistics, freight delivery, and digital supply chain solutions. Institutional adjustments by value managers like Brandes offer insight into how large investors reallocate capital amid shifting sector valuations.

What to Watch at FedEx Corporation

Investors tracking Brandes Investment Partners will need to wait for subsequent quarterly 13F filings to see if the firm continues to pare back its logistics holdings or stabilizes its position. In the meantime, market participants can look toward the upcoming earnings release on October 28, 2026, for updated guidance on freight volumes and operating margins.