Fomento Económico Mexicano
About: Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and over 90% of profits in 2024.
Employees: 392,000
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
31% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $7.99M
20% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 86
14% more capital invested
Capital invested by funds: $5.78B [Q4 2024] → $6.57B (+$793M) [Q1 2025]
0.02% less ownership
Funds ownership: 3.15% [Q4 2024] → 3.13% (-0.02%) [Q1 2025]
6% less funds holding
Funds holding: 287 [Q4 2024] → 270 (-17) [Q1 2025]
20% less funds holding in top 10
Funds holding in top 10: 10 [Q4 2024] → 8 (-2) [Q1 2025]
24% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 42
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$108
2%
upside
Avg. target
$110
4%
upside
High target
$112
6%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
UBS Rodrigo Alcantara | 6%upside $112 | Neutral Maintained | 15 May 2025 |
Barclays Benjamin Theurer | 2%upside $108 | Equal-Weight Maintained | 12 May 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
3 weeks ago
FMX Boosts Share Repurchase Plan, Progresses Well on Forward Strategy
Fomento enters into an accelerated share repurchase agreement. The company progresses smoothly on its Forward plan.
Neutral
GlobeNewsWire
3 weeks ago
FEMSA Announces Accelerated Share Repurchase Agreement
MONTERREY, Mexico, May 19, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced that, as part of its ongoing efforts and consistent with its capital allocation framework and commitment to enhance capital returns to shareholders, it has entered into a derivative instrument known as an accelerated share repurchase (“ASR”) agreement with a financial institution in the United States of America to repurchase Company's shares through the acquisition of American Depositary Shares (“ADS”). Under the terms of the ASR agreement, FEMSA has agreed to repurchase from such financial institution an aggregate amount of USD $250 million of its ADS1. The ASR contemplates an initial delivery of 483,559 ADSs on May 20, 2025.
Neutral
GlobeNewsWire
1 month ago
FEMSA Files 2024 SEC Annual Report
MONTERREY, Mexico, April 30, 2025 (GLOBE NEWSWIRE) -- Fomento Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC) followed by its annual report, for the same period, with the Comisión Nacional Bancaria y de Valores (Mexican Banking and Securities Commission) and the Bolsa Mexicana de Valores (Mexican Stock Exchange).
Neutral
Zacks Investment Research
1 month ago
FEMSA Earnings Fall Short of Estimates in Q1, Segmental Revenues Aid
FMX's mixed Q1 results reflect gains from revenue growth across all business units, offset by higher operating expenses, which pressured margins.
Neutral
Seeking Alpha
1 month ago
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q1 2025 Earnings Call Transcript
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q1 2025 Earnings Conference Call April 28, 2025 10:00 AM ET Company Participants Juan Fonseca - IR Jose Antonio Fernandez Carbajal - CEO Martin Arias - CFO Conference Call Participants Tiago Bortoluci - Goldman Sachs Ben Theurer - Barclays Bob Ford - Bank of America Ricardo Alves - Morgan Stanley Alvaro Garcia - BTG Hector Maya - Scotiabank Ulises Argote - Santander Froylan Mendez - JP Morgan Rodrigo Alcantara - UBS Operator Welcome to the FEMSA's First Quarter 2025 Results Conference Call.
Neutral
GlobeNewsWire
1 month ago
FEMSA Announces First Quarter 2025 Results
MONTERREY, Mexico, April 28, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the first quarter of 2025.
Positive
Seeking Alpha
1 month ago
FEMSA: Mexico's Premier Conglomerate Is On The Right Track
A lot is finally going right for Femsa's capital allocation. The Oxxo-driven earnings growth story is also playing out. Investors get paid a good yield to sit and wait.
Positive
Zacks Investment Research
1 month ago
5 Stocks That Recently Hiked Their Dividend to Reward Investors
Investors may keep a tab on stocks like SYF, PEBO, CIB, TRV and FMX, which have lately hiked their dividend payments.
Positive
Zacks Investment Research
1 month ago
FEMSA Stock Shoots Up 24% YTD: Time to Buy or Pause for Thought?
FEMSA stands to gain from its FEMSA Forward strategy, digital growth, and retail strength in Proximity and Health, fueling long-term growth and value creation.
Neutral
GlobeNewsWire
2 months ago
FEMSA Shareholders' Meeting Resolutions
MONTERREY, Mexico, April 11, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders' Meeting today (“the Shareholders' Meeting”), during which the shareholders approved the consolidated financial statements for the year ended December 31, 2024, the 2024 CEO's annual report and the opinion of the Board of Directors for the year 2024.
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