USS Investment Management Ltd Increases Position in Fomento Economico Mexicano S.A.B. de C.V. $FMX

Posted by Brian Himes on Jul 1st, 2026

USS Investment Management Ltd grew its position in shares of Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX – Free Report) by 44.9% during the first quarter, Holdings Channel reports. The firm owned 462,624 shares of the company’s stock after acquiring an additional 143,430 shares during the quarter. USS Investment Management Ltd’s holdings in Fomento Economico Mexicano were worth $51,386,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Nuveen LLC grew its stake in shares of Fomento Economico Mexicano by 2.4% in the fourth quarter. Nuveen LLC now owns 3,850,882 shares of the company’s stock valued at $389,209,000 after buying an additional 88,721 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Fomento Economico Mexicano by 18.9% in the 4th quarter. Invesco Ltd. now owns 1,244,820 shares of the company’s stock valued at $125,814,000 after buying an additional 197,914 shares during the period. Bank of America Corp DE lifted its stake in Fomento Economico Mexicano by 21.2% during the 3rd quarter. Bank of America Corp DE now owns 758,186 shares of the company’s stock worth $74,780,000 after acquiring an additional 132,440 shares in the last quarter. AQR Capital Management LLC lifted its stake in Fomento Economico Mexicano by 11,692.3% during the 2nd quarter. AQR Capital Management LLC now owns 716,029 shares of the company’s stock worth $73,171,000 after acquiring an additional 709,957 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in Fomento Economico Mexicano by 9.8% during the 3rd quarter. Lazard Asset Management LLC now owns 675,809 shares of the company’s stock valued at $66,655,000 after acquiring an additional 60,101 shares during the period. 61.00% of the stock is currently owned by hedge funds and other institutional investors.

Fomento Economico Mexicano Trading Down 2.6%

NYSE:FMX opened at $127.79 on Wednesday. Fomento Economico Mexicano S.A.B. de C.V. has a 12-month low of $83.08 and a 12-month high of $131.81. The firm has a market cap of $44.16 billion, a PE ratio of 28.59, a price-to-earnings-growth ratio of 0.76 and a beta of 0.42. The company has a current ratio of 1.16, a quick ratio of 0.87 and a debt-to-equity ratio of 0.47. The stock has a fifty day moving average price of $121.94 and a 200 day moving average price of $112.76.

Fomento Economico Mexicano (NYSE:FMX – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $2.43 earnings per share for the quarter. The company had revenue of $11.61 billion for the quarter. Fomento Economico Mexicano had a return on equity of 7.33% and a net margin of 3.40%. Sell-side analysts anticipate 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 announced 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. This represents a $2.66 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Wednesday, April 22nd. Fomento Economico Mexicano’s dividend payout ratio is presently 53.47%.

Wall Street Analyst Weigh In

Several research firms have weighed in on FMX. Weiss Ratings raised Fomento Economico Mexicano from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Barclays increased their price target on shares of Fomento Economico Mexicano from $118.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. UBS Group raised their price objective on shares of Fomento Economico Mexicano from $122.00 to $139.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Wall Street Zen cut shares of Fomento Economico Mexicano from a “strong-buy” rating to a “buy” rating in a report on Monday, May 11th. Finally, Zacks Research raised shares of Fomento Economico Mexicano from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $118.67.

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Fomento Economico Mexicano Profile

(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.