Fomento Economico Mexicano (NYSE:FMX) Reaches New 1-Year High – Time to Buy?

Posted by Francis Steltz on Jun 13th, 2026

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $126.02 and last traded at $126.1060, with a volume of 174700 shares changing hands. The stock had previously closed at $123.65.

Analysts Set New Price Targets

Several brokerages have issued reports on FMX. Zacks Research raised shares of Fomento Economico Mexicano from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. UBS Group upped their price target on shares of Fomento Economico Mexicano from $122.00 to $139.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Wall Street Zen downgraded shares of Fomento Economico Mexicano from a “strong-buy” rating to a “buy” rating in a report on Monday, May 11th. Weiss Ratings raised shares of Fomento Economico Mexicano from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. upped their price target on shares of Fomento Economico Mexicano from $98.00 to $117.00 and gave the company a “neutral” rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.17.

Check Out Our Latest Report on FMX

Fomento Economico Mexicano Stock Up 0.9%

The company has a quick ratio of 0.87, a current ratio of 1.16 and a debt-to-equity ratio of 0.47. The firm has a market cap of $44.74 billion, a PE ratio of 28.97, a P/E/G ratio of 0.74 and a beta of 0.42. The firm’s 50 day moving average is $119.34 and its 200-day moving average is $110.32.

Fomento Economico Mexicano (NYSE:FMX – Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $2.43 earnings per share (EPS) 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 expect that Fomento Economico Mexicano S.A.B. de C.V. will post 5.77 earnings per share for the current fiscal year.

Fomento Economico Mexicano Cuts Dividend

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

Insider Activity

In related news, Director Garza Alfonso Garza sold 52,316 shares of the company’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 owned 1,233,080 shares of the company’s stock, valued at approximately $13,650,195.60. This represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 261,575 shares of company stock worth $2,795,188 over the last quarter. Corporate insiders own 5.68% of the company’s stock.

Hedge Funds Weigh In On Fomento Economico Mexicano

Large investors have recently bought and sold shares of the stock. V Square Quantitative Management LLC purchased a new position in Fomento Economico Mexicano during the first quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. raised its stake in Fomento Economico Mexicano by 2,006.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 337 shares of the company’s stock worth $35,000 after purchasing an additional 321 shares during the period. Tower Research Capital LLC TRC raised its stake in Fomento Economico Mexicano by 42.5% during the second quarter. Tower Research Capital LLC TRC now owns 439 shares of the company’s stock worth $45,000 after purchasing an additional 131 shares during the period. Atlas Capital Advisors Inc. purchased a new position in Fomento Economico Mexicano during the fourth quarter worth approximately $50,000. Finally, Brown Brothers Harriman & Co. raised its stake in Fomento Economico Mexicano by 220.8% during the third quarter. Brown Brothers Harriman & Co. now owns 725 shares of the company’s stock worth $72,000 after purchasing an additional 499 shares during the period. Hedge funds and other institutional investors own 61.00% of the company’s stock.

About Fomento Economico Mexicano

(Get 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.