America Movil (NYSE:AMX) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of America Movil (NYSE:AMX) from a hold rating to a strong-buy rating in a report published on Thursday,Zacks reports.

AMX has been the subject of a number of other reports. UBS Group cut their price target on America Movil from $32.50 to $31.00 and set a “buy” rating for the company in a report on Thursday. JPMorgan Chase & Co. raised America Movil from a “neutral” rating to an “overweight” rating and raised their price target for the company from $30.00 to $32.00 in a report on Tuesday, August 18th. Wall Street Zen downgraded shares of America Movil from a “buy” rating to a “hold” rating in a report on Saturday. Santander raised America Movil from a “neutral” rating to an “outperform” rating in a report on Thursday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of America Movil in a research report on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, America Movil has a consensus rating of “Moderate Buy” and an average target price of $29.43.

America Movil Stock Down 1.6%

AMX stock opened at $24.58 on Thursday. America Movil has a 52 week low of $19.70 and a 52 week high of $28.46. The company has a quick ratio of 0.66, a current ratio of 0.71 and a debt-to-equity ratio of 0.90. The business has a 50-day simple moving average of $22.77 and a 200 day simple moving average of $24.83. The company has a market cap of $73.85 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 1.27 and a beta of 0.59.

America Movil (NYSE:AMX) last announced its quarterly earnings data on Wednesday, July 1st. The Wireless communications provider reported $0.46 earnings per share for the quarter. The company had revenue of $13.78 billion during the quarter. America Movil had a return on equity of 21.07% and a net margin of 9.38%. Sell-side analysts anticipate that America Movil will post 1.90 EPS for the current fiscal year.

America Movil Announces Dividend

The business also recently announced a special dividend, which will be paid on Wednesday, November 18th. Investors of record on Tuesday, November 10th will be issued a dividend of $0.2886 per share. The ex-dividend date is Tuesday, November 10th. America Movil’s dividend payout ratio is currently 34.10%.

Hedge Funds Weigh In On America Movil

Several institutional investors and hedge funds have recently bought and sold shares of AMX. Evergreen Capital Management LLC increased its stake in shares of America Movil by 10.3% in the third quarter. Evergreen Capital Management LLC now owns 26,852 shares of the Wireless communications provider’s stock worth $569,000 after buying an additional 2,500 shares during the period. Axxcess Wealth Management LLC bought a new stake in America Movil during the 3rd quarter valued at $791,000. Eagle Harbor Asset Management Inc. ADV boosted its position in America Movil by 22.1% during the 3rd quarter. Eagle Harbor Asset Management Inc. ADV now owns 22,230 shares of the Wireless communications provider’s stock valued at $471,000 after buying an additional 4,024 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in America Movil by 3.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 7,475,816 shares of the Wireless communications provider’s stock valued at $158,413,000 after buying an additional 251,941 shares during the period. Finally, Diversify Advisory Services LLC bought a new stake in America Movil in the 3rd quarter worth $470,000. 6.30% of the stock is currently owned by institutional investors.

America Movil News Summary

Here are the key news stories impacting America Movil this week:

• Positive Sentiment: Zacks upgraded AMX from “hold” to “strong-buy,” providing a bullish analyst signal and potentially supporting demand for the shares. Zacks Research stock recommendations
• Positive Sentiment: America Movil announced a special dividend of $0.2886 per share, payable November 18 to shareholders of record as of November 10. The distribution enhances shareholder returns, although the stock typically adjusts around the ex-dividend date.
• Positive Sentiment: The company’s shares recently gained substantially after reports of better-than-expected earnings, suggesting resilient operating performance and improving investor confidence. America Movil stock price up following better-than-expected earnings
• Neutral Sentiment: America Movil released its 2026 third-quarter earnings presentation. The update gives investors additional detail on quarterly results and management’s outlook, but the supplied report does not identify a new material catalyst. América Móvil 2026 Q3 results earnings call presentation
• Neutral Sentiment: Weekend and pre-market indications placed the stock around €22.00–€22.30, offering limited information because trading is outside the primary U.S. session. America Movil stock trades at EUR 22.00
• Negative Sentiment: UBS lowered its price target to $31 from $32.50 while maintaining a Buy rating. Although the revised target still implies upside, the reduction can temper near-term enthusiasm after the recent earnings-driven advance. UBS adjusts America Movil price target

About America Movil

América Móvil, SAB. de C.V. is a Mexico-based telecommunications company that provides wireless and fixed-line communications services. Its offerings include mobile voice and data, broadband internet, landline telephone service, pay television, digital services, and enterprise telecommunications solutions. The company serves individual consumers, businesses, and government customers.

América Móvil operates across Latin America, the United States, and parts of Europe. Its principal brands include Telcel in Mexico and Claro in several Latin American markets.