• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by FedEx Corporation (Amendment)

    2/12/24 4:01:17 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary
    Get the next $FDX alert in real time by email
    SC 13G/A 1 fdxa28_21224.htm PRIMECAP MANAGEMENT CO/CA/ fdxa28_21224.htm
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    SCHEDULE 13G
    Under the Securities Exchange Act of 1934
    (Amendment No. 28)*
    FedEx Corp
    (Name of Issuer)
    COM
    (Title of Class of Securities)
    31428X106
    (CUSIP Number)
    December 31, 2023
    (Date of Event which Requires Filing of this Statement)
    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    [X] Rule 13d-1(b)
    [   ] Rule 13d-1(c)
    [   ] Rule 13d-1(d)
    * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see Instructions).
    CUSIP No.: 31428X106
           
    1
    NAME OF REPORTING PERSON
    PRIMECAP Management Company
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
    95-3868081
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a) [   ]
    (b) [   ]
    3 SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    177 E. Colorado Blvd., 11th Floor, Pasadena, CA 91105
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5
    SOLE VOTING POWER
    12,649,984
    6
    SHARED VOTING POWER
    0
    7
    SOLE DISPOSITIVE POWER
    12,902,957
    8
    SHARED DISPOSITIVE POWER
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    12,902,957
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    [   ]
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
    5.16%
    12
    TYPE OF REPORTING PERSON
    IA
    CUSIP No.: 31428X106
    ITEM 1(a). NAME OF ISSUER:
    FedEx Corp
    ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
    942 S. Shady Grove Rd., Memphis, TN 38120
    ITEM 2(a). NAME OF PERSON FILING:
    PRIMECAP Management Company
    ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
    177 E. Colorado Blvd., 11th Floor, Pasadena, CA 91105
    ITEM 2(c). CITIZENSHIP:
    U.S.A.
    ITEM 2(d). TITLE OF CLASS OF SECURITIES:
    COM
    ITEM 2(e). CUSIP NUMBER:
    31428X106
    ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A:
    (a)
    [ ]
    Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c);
    (b)
    [ ]
    Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)
    [ ]
    Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)
    [ ]
    Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
    (e)
    [X]
    An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
    (f)
    [ ]
    An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
    (g)
    [ ]
    A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
    (h)
    [ ]
    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)
    [ ]
    A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)
    [ ]
    A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J);
    (k)
    [ ]
    Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution:
    ITEM 4. OWNERSHIP
    (a) Amount beneficially owned:
    12,902,957
    (b) Percent of class:
    5.16%
    (c) Number of shares as to which the person has:
    (i) sole power to vote or to direct the vote:
    12,649,984
    (ii) shared power to vote or to direct the vote:
    0
    (iii) sole power to dispose or direct the disposition of:
    12,902,957
    (iv) shared power to dispose or to direct the disposition of:
    0
    ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
    ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
    Not Applicable
    ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
    Not Applicable
    ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
    Not Applicable
    ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
    Not Applicable
    ITEM 10. CERTIFICATION:
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
    CUSIP No.: 31428X106
    SIGNATURE
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
    February 12 2024
    PRIMECAP Management Company
    By:
    /s/ Julietta Martikyan
    Name:
    Julietta Martikyan
    Title:
    Director of Compliance and Administration
    Attention — Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).
    Get the next $FDX alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $FDX

    DatePrice TargetRatingAnalyst
    5/27/2026$460.00Neutral → Overweight
    Analyst
    5/21/2026$443.00Buy
    Citigroup
    3/20/2026$360.00Reduce → Hold
    HSBC Securities
    3/20/2026$383.00 → $426.00Buy
    TD Cowen
    2/25/2026$335.00Hold → Reduce
    HSBC Securities
    2/13/2026$313.00 → $383.00Buy
    TD Cowen
    2/3/2026$380.00Equal Weight → Overweight
    Wells Fargo
    2/3/2026$427.00Mkt Perform → Outperform
    Bernstein
    More analyst ratings

    $FDX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    FedEx upgraded by Analyst with a new price target

    Analyst upgraded FedEx from Neutral to Overweight and set a new price target of $460.00

    5/27/26 8:33:02 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    Citigroup resumed coverage on FedEx with a new price target

    Citigroup resumed coverage of FedEx with a rating of Buy and set a new price target of $443.00

    5/21/26 8:07:54 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    FedEx upgraded by HSBC Securities with a new price target

    HSBC Securities upgraded FedEx from Reduce to Hold and set a new price target of $360.00

    3/20/26 10:14:10 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    $FDX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    FedEx Freight Completes Spin-Off and Begins Trading on the New York Stock Exchange

    Establishes FedEx Freight as an independent, scaled leader in North American LTL industry Positions company to deliver profitable growth, strong free cash flow, and long-term stockholder value FedEx Freight Holding Company, Inc. (NYSE:FDXF, "FedEx Freight")) today announced the completion of its spin-off from FedEx Corporation (NYSE:FDX, "FedEx")), establishing FedEx Freight as an independent, publicly traded company and focused leader in the North American less-than-truckload ("LTL") industry. FedEx Freight common stock will begin "regular way" trading today on the New York Stock Exchange ("NYSE") under the ticker symbol "FDXF." It has been announced that FedEx Freight will join lea

    6/1/26 6:30:00 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    FedEx Completes Spin-Off of FedEx Freight

    Creates Two Independent, Industry-Leading Public Companies Positioned to Deliver Long-Term Stockholder Value FedEx Freight Begins Trading Today on the New York Stock Exchange under Ticker "FDXF" FedEx Corp. (NYSE:FDX, "FedEx")) today announced the completion of its spin-off of FedEx Freight Holding Company, Inc. (NYSE:FDXF, "FedEx Freight")), establishing FedEx Freight as an independent, publicly traded company and focused leader in the North American less-than-truckload (LTL) industry. FedEx Freight common stock will begin "regular way" trading today on the New York Stock Exchange ("NYSE") under the ticker symbol "FDXF." FedEx will continue to trade on the NYSE under the ticker symb

    6/1/26 6:30:00 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    FedEx Freight Holding Set to Join Dow Jones Transportation Average

    NEW YORK, May 27, 2026 /PRNewswire/ -- FedEx Freight Holding Company Inc. (NYSE:FDXF) will replace American Airlines Group Inc. (NASD:AAL) in the Dow Jones Transportation Average (DJTA) effective prior to the open of trading on Monday, June, 1, 2026. Dow Jones Transportation Average constituent FedEx Corp. (NYSE:FDX) is spinning off FedEx Freight Holding Company in a transaction expected to be completed on June 1. Post spin-off, parent FedEx will remain in the DJTA. American Airlines Group has a low weight in the index of less than one-half of one percentage point caused by its low share price. The Dow Jones Transportation Average is a price weighted index, and thus very low-priced stocks ha

    5/27/26 11:13:00 PM ET
    $AAL
    $FDX
    $SPGI
    Air Freight/Delivery Services
    Consumer Discretionary
    Finance: Consumer Services
    Finance

    $FDX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Large owner Fedex Corp disposed of 119,753,703 shares, decreasing direct ownership by 80% to 29,751,545 units (SEC Form 4)

    4 - FEDEX CORP (0001048911) (Reporting)

    6/1/26 4:01:10 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    New insider Fedex Corp claimed ownership of 100 shares (SEC Form 3)

    3 - FEDEX CORP (0001048911) (Reporting)

    5/11/26 4:01:44 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    Director Griffith Susan Patricia exercised 4,123 shares at a strike of $245.59 and covered exercise/tax liability with 2,804 shares, increasing direct ownership by 19% to 8,365 units (SEC Form 4)

    4 - FEDEX CORP (0001048911) (Issuer)

    5/6/26 4:51:25 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    $FDX
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    EVP CHIEF FINANCIAL OFF Dietrich John W bought $273,980 worth of shares (1,000 units at $273.98), increasing direct ownership by 12% to 9,067 units (SEC Form 4)

    4 - FEDEX CORP (0001048911) (Issuer)

    1/8/25 7:43:16 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    Director Lane Amy B bought $91,929 worth of shares (333 units at $276.06) (SEC Form 4)

    4 - FEDEX CORP (0001048911) (Issuer)

    12/26/24 5:08:58 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    Dietrich John W bought $252,020 worth of shares (1,000 units at $252.02), increasing direct ownership by 27% to 4,745 units (SEC Form 4)

    4 - FEDEX CORP (0001048911) (Issuer)

    12/28/23 4:16:47 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    $FDX
    SEC Filings

    View All

    FedEx Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Leadership Update, Other Events, Financial Statements and Exhibits

    8-K - FEDEX CORP (0001048911) (Filer)

    6/1/26 6:42:52 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    SEC Form 25-NSE filed by FedEx Corporation

    25-NSE - FEDEX CORP (0001048911) (Subject)

    5/28/26 1:16:36 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    FedEx Corporation filed SEC Form 8-K: Other Events

    8-K - FEDEX CORP (0001048911) (Filer)

    5/22/26 4:33:07 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    $FDX
    Leadership Updates

    Live Leadership Updates

    View All

    FedEx Freight Holding Set to Join Dow Jones Transportation Average

    NEW YORK, May 27, 2026 /PRNewswire/ -- FedEx Freight Holding Company Inc. (NYSE:FDXF) will replace American Airlines Group Inc. (NASD:AAL) in the Dow Jones Transportation Average (DJTA) effective prior to the open of trading on Monday, June, 1, 2026. Dow Jones Transportation Average constituent FedEx Corp. (NYSE:FDX) is spinning off FedEx Freight Holding Company in a transaction expected to be completed on June 1. Post spin-off, parent FedEx will remain in the DJTA. American Airlines Group has a low weight in the index of less than one-half of one percentage point caused by its low share price. The Dow Jones Transportation Average is a price weighted index, and thus very low-priced stocks ha

    5/27/26 11:13:00 PM ET
    $AAL
    $FDX
    $SPGI
    Air Freight/Delivery Services
    Consumer Discretionary
    Finance: Consumer Services
    Finance

    FedEx Freight Holding Company Set to Join S&P 500; EPAM Systems and Dave to Join S&P SmallCap 600

    NEW YORK, May 27, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P SmallCap 600:  FedEx Freight Holding Company (NYSE:FDXF) will replace EPAM Systems Inc. (NYSE:EPAM) in the S&P 500, and EPAM Systems will replace Shutterstock Inc. (NYSE:SSTK) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, June 2. S&P 500 & 100 constituent FedEx Corp. (NYSE:FDX) is spinning off FedExFreight Holding in a transaction expected to be completed June 1. Post spin-off, the parent FedEx will remain in the S&P 500 and 100. EPAM Systems is more representative of the small-cap market space. Shutterstock is anticipated to be acquired in a deal t

    5/27/26 6:30:00 PM ET
    $AMWD
    $DAVE
    $EPAM
    Forest Products
    Basic Materials
    Finance: Consumer Services
    Finance

    FedEx Appoints Scott Ray as Chief Operating Officer for U.S. and Canada Surface Operations

    FedEx Corp. (NYSE:FDX) today announced the appointment of Scott Ray as chief operating officer for U.S. and Canada Surface Operations, effective June 1. He will begin transitioning into the role as COO-elect on Feb. 1. Reporting to FedEx President and CEO Raj Subramaniam, Ray will be the newest member of the FedEx Executive Committee, succeeding John Smith, who will transition to CEO of FedEx Freight as of June 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260126094399/en/FedEx appoints Scott Ray as chief operating officer of Surface Operations in U.S. and Canada Ray will be responsible for leading all aspects of Surface Ope

    1/27/26 8:31:00 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    $FDX
    Financials

    Live finance-specific insights

    View All

    FedEx Freight Completes Spin-Off and Begins Trading on the New York Stock Exchange

    Establishes FedEx Freight as an independent, scaled leader in North American LTL industry Positions company to deliver profitable growth, strong free cash flow, and long-term stockholder value FedEx Freight Holding Company, Inc. (NYSE:FDXF, "FedEx Freight")) today announced the completion of its spin-off from FedEx Corporation (NYSE:FDX, "FedEx")), establishing FedEx Freight as an independent, publicly traded company and focused leader in the North American less-than-truckload ("LTL") industry. FedEx Freight common stock will begin "regular way" trading today on the New York Stock Exchange ("NYSE") under the ticker symbol "FDXF." It has been announced that FedEx Freight will join lea

    6/1/26 6:30:00 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    FedEx Completes Spin-Off of FedEx Freight

    Creates Two Independent, Industry-Leading Public Companies Positioned to Deliver Long-Term Stockholder Value FedEx Freight Begins Trading Today on the New York Stock Exchange under Ticker "FDXF" FedEx Corp. (NYSE:FDX, "FedEx")) today announced the completion of its spin-off of FedEx Freight Holding Company, Inc. (NYSE:FDXF, "FedEx Freight")), establishing FedEx Freight as an independent, publicly traded company and focused leader in the North American less-than-truckload (LTL) industry. FedEx Freight common stock will begin "regular way" trading today on the New York Stock Exchange ("NYSE") under the ticker symbol "FDXF." FedEx will continue to trade on the NYSE under the ticker symb

    6/1/26 6:30:00 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    FedEx Board of Directors Approves Spin-off of FedEx Freight

    FedEx Stockholders to Receive One Share of FedEx Freight for Every Two Shares of FedEx Owned FedEx Freight to Begin Trading on NYSE on June 1, 2026 under Ticker "FDXF;" FedEx Will Continue to Trade on NYSE under Ticker "FDX" FedEx Corp. (NYSE:FDX, "FedEx")) today announced that its Board of Directors (the "FedEx Board") has approved the previously announced separation of the FedEx Freight business. The FedEx Board declared a pro rata dividend of 80.1% of the outstanding shares of common stock of FedEx Freight Holding Company, Inc. ("FedEx Freight") to FedEx's stockholders of record as of the close of business on May 15, 2026 (the "Record Date") to achieve the separation. Following

    5/13/26 9:47:00 AM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    $FDX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by FedEx Corporation (Amendment)

    SC 13G/A - FEDEX CORP (0001048911) (Subject)

    2/13/24 5:04:37 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    SEC Form SC 13G/A filed by FedEx Corporation (Amendment)

    SC 13G/A - FEDEX CORP (0001048911) (Subject)

    2/13/24 1:33:55 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary

    SEC Form SC 13G/A filed by FedEx Corporation (Amendment)

    SC 13G/A - FEDEX CORP (0001048911) (Subject)

    2/12/24 4:01:17 PM ET
    $FDX
    Air Freight/Delivery Services
    Consumer Discretionary