Fomento Economico Mexicano (NYSE:FMX) Stock Unloaded Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (D-Illinois) recently sold shares of Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX). In a filing disclosed on August 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fomento Economico Mexicano stock on July 17th. The trade occurred in the Representative’s “MORGAN STANLEY – ROLLOVER IRA” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of ARM (NASDAQ:ARM) on 7/17/2025.
  • Purchased $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 6/3/2025.
  • Sold $15,001 – $50,000 in shares of Eli Lilly and Company (NYSE:LLY) on 6/3/2025.

Fomento Economico Mexicano Stock Performance

FMX opened at $86.52 on Tuesday. The business’s 50-day moving average price is $94.18 and its two-hundred day moving average price is $98.34. Fomento Economico Mexicano S.A.B. de C.V. has a 1 year low of $81.07 and a 1 year high of $108.74. The company has a market capitalization of $30.96 billion, a price-to-earnings ratio of 29.43, a P/E/G ratio of 5.07 and a beta of 0.70. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.34 and a quick ratio of 1.06.

Fomento Economico Mexicano (NYSE:FMXGet Free Report) last released its quarterly earnings results on Monday, July 28th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.49). Fomento Economico Mexicano had a net margin of 2.60% and a return on equity of 5.32%. The firm had revenue of $11.27 billion during the quarter, compared to analyst estimates of $216.71 billion. Equities analysts expect that Fomento Economico Mexicano S.A.B. de C.V. will post 5.32 EPS for the current fiscal year.

Fomento Economico Mexicano Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 28th. Shareholders of record on Thursday, July 17th were paid a $1.3625 dividend. The ex-dividend date of this dividend was Thursday, July 17th. This represents a $5.45 annualized dividend and a dividend yield of 6.3%. This is a positive change from Fomento Economico Mexicano’s previous quarterly dividend of $0.73. Fomento Economico Mexicano’s dividend payout ratio (DPR) is 74.83%.

Hedge Funds Weigh In On Fomento Economico Mexicano

A number of hedge funds and other institutional investors have recently bought and sold shares of FMX. Caitong International Asset Management Co. Ltd bought a new position in Fomento Economico Mexicano during the first quarter worth about $29,000. Northwestern Mutual Wealth Management Co. grew its holdings 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. Farther Finance Advisors LLC grew its holdings in Fomento Economico Mexicano by 41.4% during the second quarter. Farther Finance Advisors LLC now owns 369 shares of the company’s stock worth $38,000 after purchasing an additional 108 shares during the period. Steward Partners Investment Advisory LLC bought a new position in Fomento Economico Mexicano during the second quarter worth about $40,000. Finally, Banque Transatlantique SA bought a new position in Fomento Economico Mexicano during the fourth quarter worth about $44,000. Institutional investors own 61.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on FMX. Barclays decreased their price objective on Fomento Economico Mexicano from $110.00 to $107.00 and set an “equal weight” rating for the company in a report on Thursday, July 31st. Morgan Stanley restated an “equal weight” rating and issued a $97.00 price objective (down previously from $132.00) on shares of Fomento Economico Mexicano in a report on Tuesday, August 19th. Finally, UBS Group raised their price objective on Fomento Economico Mexicano from $112.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, July 10th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $105.16.

Check Out Our Latest Research Report on Fomento Economico Mexicano

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About Fomento Economico Mexicano

(Get Free Report)

Fomento Económico Mexicano, SAB. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.

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