Fomento Economico Mexicano (NYSE:FMX) Downgraded by Wall Street Zen to Buy

Posted by Geri Gentry on May 12th, 2026

Wall Street Zen cut shares of Fomento Economico Mexicano (NYSE:FMX – Free Report) from a strong-buy rating to a buy rating in a report published on Monday.

A number of other research firms also recently weighed in on FMX. Weiss Ratings reiterated a “hold (c-)” rating on shares of Fomento Economico Mexicano in a research report on Tuesday, April 21st. Barclays upped their target price on Fomento Economico Mexicano from $118.00 to $125.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. UBS Group upped their target price on Fomento Economico Mexicano from $109.00 to $122.00 and gave the company a “buy” rating in a research report on Friday, March 20th. JPMorgan Chase & Co. upped their target price on Fomento Economico Mexicano from $98.00 to $117.00 and gave the company a “neutral” rating in a research report on Monday, April 20th. Finally, Zacks Research upgraded Fomento Economico Mexicano from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. One 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 MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $114.33.

Check Out Our Latest Report on Fomento Economico Mexicano

Fomento Economico Mexicano Stock Performance

FMX opened at $123.13 on Monday. The business has a fifty day simple moving average of $112.49 and a 200 day simple moving average of $105.75. The company has a market capitalization of $42.55 billion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 0.83 and a beta of 0.42. Fomento Economico Mexicano has a 1 year low of $83.08 and a 1 year high of $124.24. 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 (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 firm had revenue of $11.61 billion during the quarter. Fomento Economico Mexicano had a return on equity of 7.33% and a net margin of 3.40%. Research analysts expect that Fomento Economico Mexicano will post 4.87 EPS for the current year.

Fomento Economico Mexicano Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 4th. Shareholders of record on Wednesday, April 22nd were issued a $0.6658 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, April 22nd. Fomento Economico Mexicano’s dividend payout ratio is presently 53.47%.

Insider Transactions at Fomento Economico Mexicano

In other Fomento Economico Mexicano news, Director Garza Alfonso Garza sold 52,316 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $11.07, for a total value of $579,138.12. Following the completion of the transaction, the director owned 1,233,080 shares of the company’s stock, valued at $13,650,195.60. This represents a 4.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 261,575 shares of company stock valued at $2,795,188. 5.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fomento Economico Mexicano

A number of institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC grew its position 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 valued at $73,171,000 after buying an additional 709,957 shares during the last quarter. Victory Capital Management Inc. grew its position 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 valued at $59,176,000 after buying an additional 595,388 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Fomento Economico Mexicano in the 3rd quarter valued at about $50,343,000. Invesco Ltd. grew its position 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 valued at $103,256,000 after buying an additional 423,073 shares during the last quarter. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of Fomento Economico Mexicano in the 4th quarter valued at about $41,408,000. Institutional investors and hedge funds 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.