INCA Investments LLC Grows Stock Holdings in Fomento Economico Mexicano S.A.B. de C.V. $FMX

Posted by Stanley Muller on May 13th, 2026

INCA Investments LLC increased its holdings in Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX – Free Report) by 6.9% during the fourth quarter, Holdings Channel reports. The firm owned 395,261 shares of the company’s stock after purchasing an additional 25,536 shares during the period. Fomento Economico Mexicano makes up 14.0% of INCA Investments LLC’s portfolio, making the stock its 4th largest holding. INCA Investments LLC’s holdings in Fomento Economico Mexicano were worth $39,949,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in FMX. AQR Capital Management LLC raised its holdings in shares of Fomento Economico Mexicano by 11,692.3% in the 2nd quarter. AQR Capital Management LLC now owns 716,029 shares of the company’s stock worth $73,171,000 after purchasing an additional 709,957 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Fomento Economico Mexicano by 12,960.1% in the 3rd quarter. Victory Capital Management Inc. now owns 599,982 shares of the company’s stock worth $59,176,000 after purchasing an additional 595,388 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Fomento Economico Mexicano in the 3rd quarter worth approximately $50,343,000. Invesco Ltd. raised its holdings in shares of Fomento Economico Mexicano by 67.8% in the 3rd quarter. Invesco Ltd. now owns 1,046,906 shares of the company’s stock worth $103,256,000 after purchasing an additional 423,073 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd raised its holdings in shares of Fomento Economico Mexicano by 24.1% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,144,880 shares of the company’s stock worth $112,928,000 after purchasing an additional 222,064 shares in the last quarter. 61.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Garza Alfonso Garza sold 52,316 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $11.07, for a total transaction of $579,138.12. Following the transaction, the director directly owned 1,233,080 shares of the company’s stock, valued at approximately $13,650,195.60. The trade was a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold 261,575 shares of company stock worth $2,795,188 over the last quarter. Insiders own 5.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. UBS Group boosted their target price on shares of Fomento Economico Mexicano from $109.00 to $122.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Zacks Research upgraded shares of Fomento Economico Mexicano from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Weiss Ratings raised shares of Fomento Economico Mexicano from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. JPMorgan Chase & Co. lifted their target price on shares of Fomento Economico Mexicano from $98.00 to $117.00 and gave the stock a “neutral” rating in a research report on Monday, April 20th. Finally, The Goldman Sachs Group lifted their target price on shares of Fomento Economico Mexicano from $113.00 to $128.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Fomento Economico Mexicano currently has a consensus rating of “Moderate Buy” and an average target price of $114.33.

Get Our Latest Stock Report on FMX

Fomento Economico Mexicano Stock Performance

Fomento Economico Mexicano stock opened at $124.74 on Wednesday. The firm’s 50 day simple moving average is $112.74 and its 200-day simple moving average is $105.95. The company has a market cap of $43.10 billion, a P/E ratio of 27.91, a price-to-earnings-growth ratio of 0.84 and a beta of 0.42. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.16 and a quick ratio of 0.87. Fomento Economico Mexicano S.A.B. de C.V. has a fifty-two week low of $83.08 and a fifty-two week high of $124.87.

Fomento Economico Mexicano (NYSE:FMX – Get Free Report) last released its earnings results on Tuesday, March 31st. The company reported $2.43 earnings per share for the quarter. The business had revenue of $11.61 billion for the quarter. Fomento Economico Mexicano had a net margin of 3.40% and a return on equity of 7.33%. As a group, equities research analysts predict that Fomento Economico Mexicano S.A.B. de C.V. will post 4.87 EPS for the current year.

Fomento Economico Mexicano Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Investors of record on Wednesday, April 22nd were given a dividend of $0.6658 per share. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $2.66 dividend on an annualized basis and a yield of 2.1%. Fomento Economico Mexicano’s payout ratio is presently 53.47%.

About Fomento Economico Mexicano

(Free Report)

Fomento Económico Mexicano, SAB. de C.V. (FEMSA) is a Mexican multinational company active primarily in the retail and beverage sectors. Headquartered in Monterrey, Mexico, FEMSA’s operations span convenience store retailing, beverage bottling and distribution, and related logistics and consumer services. The company’s business model combines high-frequency retail outlets with large-scale beverage production and a regional supply chain network.

FEMSA Comercio, the company’s retail arm, operates a large chain of convenience stores under the OXXO brand and has expanded its retail footprint with complementary formats and services.