Fomento Económico Mexicano (NYSE:FMX) Shares Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fomento Económico Mexicano stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
• Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.

Fomento Económico Mexicano Price Performance

NYSE FMX opened at $102.45 on Friday. The stock has a 50-day simple moving average of $100.56 and a 200 day simple moving average of $92.93. Fomento Económico Mexicano, S.A.B. de C.V. has a twelve month low of $81.08 and a twelve month high of $121.43. The stock has a market capitalization of $36.66 billion, a PE ratio of 26.27, a P/E/G ratio of 5.26 and a beta of 0.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.32 and a current ratio of 1.62.

Fomento Económico Mexicano (NYSE:FMX) last issued its quarterly earnings results on Monday, April 28th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.07). Fomento Económico Mexicano had a return on equity of 8.37% and a net margin of 3.22%. The business had revenue of $9.65 billion during the quarter, compared to the consensus estimate of $194.75 billion. Research analysts anticipate that Fomento Económico Mexicano, S.A.B. de C.V. will post 5.32 EPS for the current year.

Fomento Económico Mexicano Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, May 5th. Stockholders of record on Friday, April 25th were paid a $1.628 dividend. The ex-dividend date of this dividend was Thursday, April 24th. This is a positive change from Fomento Económico Mexicano’s previous dividend of $0.92. This represents a dividend yield of 1.57%. Fomento Económico Mexicano’s payout ratio is presently 11.41%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Barclays boosted their target price on shares of Fomento Económico Mexicano from $102.00 to $108.00 and gave the stock an “equal weight” rating in a research report on Monday. Itau BBA Securities upgraded shares of Fomento Económico Mexicano from a “market perform” rating to an “outperform” rating in a report on Monday, April 7th. The Goldman Sachs Group cut their price objective on shares of Fomento Económico Mexicano from $109.00 to $97.80 and set a “buy” rating for the company in a research report on Tuesday, January 28th. UBS Group lifted their target price on Fomento Económico Mexicano from $107.00 to $112.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, StockNews.com lowered Fomento Económico Mexicano from a “buy” rating to a “hold” rating in a research note on Wednesday, April 30th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $106.70.

Institutional Investors Weigh In On Fomento Económico Mexicano

Several institutional investors and hedge funds have recently bought and sold shares of FMX. Stephens Inc. AR lifted its holdings in shares of Fomento Económico Mexicano by 2.1% during the 1st quarter. Stephens Inc. AR now owns 5,937 shares of the company’s stock worth $579,000 after acquiring an additional 121 shares during the period. Franklin Resources Inc. lifted its stake in Fomento Económico Mexicano by 4.2% during the fourth quarter. Franklin Resources Inc. now owns 3,117 shares of the company’s stock worth $266,000 after purchasing an additional 125 shares during the period. Brooklyn Investment Group boosted its holdings in Fomento Económico Mexicano by 82.8% during the fourth quarter. Brooklyn Investment Group now owns 340 shares of the company’s stock valued at $29,000 after purchasing an additional 154 shares in the last quarter. Rosenberg Matthew Hamilton grew its stake in shares of Fomento Económico Mexicano by 30.2% in the 4th quarter. Rosenberg Matthew Hamilton now owns 758 shares of the company’s stock valued at $65,000 after purchasing an additional 176 shares during the period. Finally, UMB Bank n.a. grew its stake in shares of Fomento Económico Mexicano by 29.7% in the 4th quarter. UMB Bank n.a. now owns 887 shares of the company’s stock valued at $76,000 after purchasing an additional 203 shares during the period. Institutional investors own 61.00% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Fomento Económico Mexicano

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.