First Trust S&P 500 Diversified Dividend Aristocrats ETF Price & Performance (KNGZ)

Goldman Sachs has reduced its price target for FedEx from $328 to $315, citing weaker B2B parcel volumes, industrial slowdown, and tariff uncertainties. Despite the lowered earnings estimates for FY25 and FY26, analysts remain optimistic about FedEx's cost-cutting and operational improvements aimed at leveraging future economic recovery.1

Microchip Technology has priced a $1.35 billion public offering of depositary shares, each representing a 1/20th interest in its new 7.50% Series A Mandatory Convertible Preferred Stock. Proceeds will primarily address debt repayment and capped call transactions. The offering, set to close on March 25, includes an over-allotment option for an additional $135 million.2

The Dividend Aristocrats ETF (NOBL) delivered a 1.7% return in February 2025, outperforming the S&P 500, which posted a -1.3% return. Known for their stability, these stocks include companies with 25+ years of consecutive dividend growth, offering lower volatility and consistent performance compared to broader market indices.3