Fomento Economico Mexicano (NYSE:FMX) General Counsel Ortiz Alejandro Gil Sells 13,000 Shares of Stock

Posted by Brian Himes on Nov 11th, 2026

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX – Get Free Report) General Counsel Ortiz Alejandro Gil sold 13,000 shares of the firm’s stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $12.73, for a total value of $165,490.00. Following the completion of the sale, the general counsel owned 43,506 shares of the company’s stock, valued at approximately $553,831.38. This represents a 23.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fomento Economico Mexicano Stock Performance

Shares of Fomento Economico Mexicano stock opened at $132.60 on Wednesday. Fomento Economico Mexicano S.A.B. de C.V. has a one year low of $92.55 and a one year high of $141.47. The firm has a market capitalization of $45.82 billion, a price-to-earnings ratio of 33.92, a PEG ratio of 0.70 and a beta of 0.44. The business has a 50-day simple moving average of $122.31 and a 200 day simple moving average of $119.21. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.15 and a quick ratio of 0.87.

Fomento Economico Mexicano (NYSE:FMX – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.06. Fomento Economico Mexicano had a return on equity of 7.71% and a net margin of 3.98%. The business had revenue of $13.03 billion for the quarter, compared to analyst estimates of $12.84 billion. On average, research analysts anticipate that Fomento Economico Mexicano S.A.B. de C.V. will post 6.32 earnings per share for the current fiscal year.

Fomento Economico Mexicano Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Shareholders of record on Wednesday, October 14th were issued a dividend of $1.7804 per share. The ex-dividend date was Wednesday, October 14th. This is a negative change from Fomento Economico Mexicano’s previous quarterly dividend of $1.8270. This represents a $7.12 annualized dividend and a yield of 5.4%. Fomento Economico Mexicano’s dividend payout ratio is currently 40.38%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FMX. Ninety One UK Ltd lifted its position in Fomento Economico Mexicano by 75.2% during the 3rd quarter. Ninety One UK Ltd now owns 844,817 shares of the company’s stock valued at $100,162,000 after acquiring an additional 362,738 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in Fomento Economico Mexicano by 14.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,379,331 shares of the company’s stock worth $282,093,000 after acquiring an additional 292,659 shares in the last quarter. Cook & Bynum Capital Management LLC bought a new stake in Fomento Economico Mexicano during the second quarter worth about $29,857,616. Royal Bank of Canada grew its holdings in Fomento Economico Mexicano by 3.2% in the first quarter. Royal Bank of Canada now owns 6,218,709 shares of the company’s stock worth $690,649,000 after purchasing an additional 193,432 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in Fomento Economico Mexicano in the second quarter worth about $18,937,000. Institutional investors own 61.00% of the company’s stock.

Analyst Upgrades and Downgrades

FMX has been the subject of a number of analyst reports. JPMorgan Chase & Co. upgraded shares of Fomento Economico Mexicano from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $126.00 to $151.00 in a report on Friday, October 16th. Bank of America upgraded shares of Fomento Economico Mexicano from a “neutral” rating to a “buy” rating and upped their target price for the stock from $125.00 to $150.00 in a report on Tuesday, August 4th. Zacks Research cut shares of Fomento Economico Mexicano from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Wall Street Zen cut shares of Fomento Economico Mexicano from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, UBS Group lifted their price target on Fomento Economico Mexicano from $130.00 to $134.00 and gave the company a “neutral” rating in a research note on Friday, October 23rd. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Fomento Economico Mexicano has a consensus rating of “Moderate Buy” and a consensus target price of $142.17.

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About Fomento Economico Mexicano

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Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a Mexican company with businesses in beverage production and retail. Its Coca-Cola FEMSA subsidiary produces, markets and distributes Coca-Cola products under franchise agreements, serving customers in Mexico and other Latin American markets. FEMSA also operates OXXO convenience stores and other retail businesses across Latin America. Its activities include pharmacy and fuel retailing, as well as digital and financial services through platforms such as Spin by OXXO.