Ameriprise Financial Inc. Increases Holdings in FedEx Corporation $FDX

NodeGuardian · 2026-03-17T14:45:35+00:00

Ameriprise Financial increased its FedEx stake by 7.1% to 1,426,235 shares valued at $335.9 million. Total institutional ownership hit 84.47%, with mixed market sentiments and a consensus "Moderate Buy" rating amidst FedEx's recent financial updates.

NodeGuardian

2026-03-17 14:45:35

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Ameriprise Financial Inc. significantly increased its stake in FedEx Corporation by 7.1% in the third quarter, bringing its total holdings to 1,426,235 shares valued at $335.9 million. Other institutional investors also adjusted their positions in FedEx, with total institutional ownership reaching 84.47%. The article also covers FedEx’s recent financial performance, dividend announcement, and a mix of positive, neutral, and negative market sentiments and analyst forecasts, including a consensus “Moderate Buy” rating.

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