FedEx Corporation

Ariel's non-consensus approach seeks to identify undervalued, out-of-favor, franchises that are misunderstood and therefore mispriced. At the sector level, positive stock selection among Consumer Discretionary, Consumer Staples and Health Care were the greatest contributors to returns, while our Information Technology and Industrials holdings as well as overweight exposure to Utilities were the largest performance detractors. We initiated eight new positions during the quarter.

AIA Group Ltd decreased its stake in FedEx Corporation (NYSE: FDX) by 13.9% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,478 shares of the shipping service provider's stock after selling 1,689 shares during the quarter. AIA Group Ltd's

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying FedEx Freight Holding Company, Inc. (NYSE:FDXF), noting, “It's had a very nice move off the bottom.”

A third-quarter 2026 beat and a raised full-year outlook are pulling United Parcel Service (NYSE:UPS | UPS Price Prediction) stock well ahead of its freight and logistics rivals. UPS stock is at $105.01, up 5% during the afternoon session.