Fomento Economico Mexicano (NYSE:FMX) Price Target Raised to $140.00

06 Nov 2026, 07:30 by Michael Walen · The Markets Daily

Fomento Economico Mexicano (NYSE:FMX – Free Report) had its target price lifted by Barclays from $138.00 to $140.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the company. Benchmark upgraded Fomento Economico Mexicano to an “overweight” rating in a research note on Friday, October 16th. Deutsche Bank Aktiengesellschaft set a $150.00 target price on Fomento Economico Mexicano in a research report on Tuesday, August 4th. UBS Group boosted their target price 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. JPMorgan Chase & Co. upgraded Fomento Economico Mexicano from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $126.00 to $151.00 in a research note on Friday, October 16th. Finally, Wall Street Zen downgraded Fomento Economico Mexicano from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Fomento Economico Mexicano presently has a consensus rating of “Moderate Buy” and an average target price of $142.17.

Get Our Latest Stock Analysis on Fomento Economico Mexicano

Fomento Economico Mexicano Price Performance

Shares of NYSE:FMX opened at $128.64 on Tuesday. The company’s 50-day moving average is $121.65 and its 200 day moving average is $118.81. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.87 and a current ratio of 1.15. The company has a market capitalization of $44.45 billion, a P/E ratio of 33.64, a price-to-earnings-growth ratio of 0.70 and a beta of 0.44. Fomento Economico Mexicano has a fifty-two week low of $92.55 and a fifty-two week high of $141.47.

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

Fomento Economico Mexicano Cuts Dividend

The firm also recently announced 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. This represents a $7.12 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Wednesday, October 14th. This is a negative change from Fomento Economico Mexicano’s previous quarterly dividend of $1.8270. Fomento Economico Mexicano’s payout ratio is presently 40.38%.

Insider Transactions at Fomento Economico Mexicano

In related news, Director Michael David Kahn bought 2,100 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $118.13 per share, for a total transaction of $248,073.00. Following the completion of the transaction, the director directly owned 2,100 shares in the company, valued at approximately $248,073. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.68% of the stock is owned by insiders.

Hedge Funds Weigh In On Fomento Economico Mexicano

Several hedge funds have recently made changes to their positions in FMX. Ninety One UK Ltd lifted its holdings in shares of Fomento Economico Mexicano by 75.2% during the 3rd quarter. Ninety One UK Ltd now owns 844,817 shares of the company’s stock worth $100,162,000 after acquiring an additional 362,738 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in Fomento Economico Mexicano by 14.0% in 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 position in Fomento Economico Mexicano in the second quarter valued at $29,857,616. Royal Bank of Canada increased its stake 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 valued at $690,649,000 after acquiring an additional 193,432 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in Fomento Economico Mexicano during the second quarter valued at about $18,937,000. 61.00% of the stock is currently owned by hedge funds and other institutional investors.

Fomento Economico Mexicano Company Profile

(Get Free Report)

Fomento Económico Mexicano, SAB. de C.V. (FEMSA) is a Monterrey, Mexico-based multinational company with operations focused on beverage bottling, retail and related consumer services. The company traces its origins to 1890, when it was established as a brewery in Monterrey, and has since developed into one of Latin America’s largest consumer-facing businesses.