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Fomento Económico Mexicano, S.A.B. de C.V. (FMX)

Company Profile

Company profile

Ticker

FMX

Exchange

Website

CEO

Mr. Jose Antonio Vicente Fernandez Carbajal

Incorporated

Location

Fiscal year end

Sector

Manufacturing > Breweries

Industry (SIC)

Bottled & Canned Soft Drinks & Carbonated Waters

Monster Beverage • Coca-Cola Consolidated • National Beverage • Zevia PBC • Celsius • Reed's • Rainmaker Worldwide • Coca-Cola FEMSA, S.A.B. de C.V. • Embotelladora Andina • China WuYi Mountain ...

Former names

DOLLAR TREE INC, DOLLAR TREE STORES INC

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

FMX stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point Capital

FEMSA announces agreement with AMMI, affiliate of Milenio Capital, to divest FEMSA’s plastics solutions operations

Current report (foreign)

FEMSA announces agreement with TRAXIÓN to divest certain of FEMSA’s logistics operations

FEMSA successfully finalizes the acquisition of Delek’s retail operations in the United States

FEMSA announces leadership transition

FEMSA to enter the Convenience Store Industry in the United States

Current report (foreign)

FEMSA announces agreement with Mill Point Capital

Femsa Announces the Total Consideration for Its Previously Announced Tender Offer

Transcripts

View all

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

First Eagle Investment Management, LLC

First Eagle Investment Management, LLC

Financial summary

Financial statements Chart FMX financial data

Quarter (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q2 2024

FMX institutional ownership history Ownership history

3.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	85	91	-6.6%
Opened positions	12	14	-14.3%
Closed positions	18	18	–
Increased positions	12	26	-53.8%
Reduced positions	39	32	+21.9%

13F shares	Current	Prev Q	Change
Total value	780.47 bn	960.03 bn	-18.7%
Total shares	8.09 mm	9.44 mm	-14.3%
Total puts	0.00	0.00
Total calls	12.00 k	240.00 k	-95.0%
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
JPM JPMorgan Chase & Co.	3.35 mm	$360.14 bn	-19.5%
ANTIPODES PARTNERS	913.75 k	$98.37 bn	-3.4%
Sustainable Growth Advisers	435.91 k	$56.79 bn	0.0%
T. Rowe Price	416.77 k	$44.87 mm	+374.7%
GS The Goldman Sachs Group, Inc.	405.59 k	$43.66 bn	+3.1%
Lazard Asset Management	349.64 k	$37.64 mm	-10.0%
NTRS Northern Trust	285.18 k	$30.70 bn	-0.8%
Cook & Bynum Capital Management	248.01 k	$26.70 bn	0.0%
Gabelli Funds	226.20 k	$24.35 bn	-0.7%
BNP Paribas Arbitrage	157.12 k	$16.91 bn	+428.7%

Largest transactions	Shares	Bought/sold	Change
JPM JPMorgan Chase & Co.	3.35 mm	-809.63 k	-19.5%
T. Rowe Price	416.77 k	+328.97 k	+374.7%
Driehaus Capital Management	0.00	-243.33 k	EXIT
Victory Capital Management	2.54 k	-243.24 k	-99.0%
New York State Common Retirement Fund	0.00	-169.48 k	EXIT
Mercer Investments	0.00	-151.68 k	EXIT
Aubrey Capital Management	0.00	-149.20 k	EXIT
BNP Paribas Arbitrage	157.12 k	+127.40 k	+428.7%
Canada Pension Plan Investment Board	146.60 k	+108.00 k	+279.8%
BCS Barclays	40.50 k	-96.48 k	-70.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Barclays Maintains Overweight on Fomento Economico, Lowers Price Target to $118

Barclays analyst Benjamin Theurer maintains Fomento Economico (NYSE:FMX) with a Overweight and lowers the price target from $125 to $118.

FEMSA Reaches Definitive Agreement With AMMI To Divest Its Plastics Solutions Operations For Total Amount Of $3.165B Pesos

This transaction represents an additional step in the continued execution of the FEMSA Forward plan that was communicated in February of 2023. The transaction is expected to close in the following months.

Fomento Economico Q3 2024 GAAP EPS $0.84 Misses $1.06 Estimate, Sales $10.402B Beat $10.143B Estimate

Fomento Economico (NYSE:FMX) reported quarterly earnings of $0.84 per share which missed the analyst consensus estimate of $1.06 by 20.75 percent. The company reported quarterly sales of $10.402 billion which beat the

Fomento Economico Earnings Preview

Barclays Maintains Overweight on Fomento Economico, Lowers Price Target to $125

Press releases

From Benzinga Pro

Mill Point Capital Completes Acquisition of AeriTek Global LLC

An affiliate of Mill Point Capital LLC ("Mill Point Capital"), a New York City-based private equity firm, announced today the completion of its previously announced acquisition of the commercial refrigeration

FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point Capital

MONTERREY, Mexico, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA" or the "Company") (NYSE:FMX, BMV:FEMSAUBD, FEMSAUB)) announced today the successful closing of its previously

FEMSA announces agreement with AMMI, affiliate of Milenio Capital, to divest FEMSA's plastics solutions operations

MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA" or the "Company") (NYSE:FMX, BMV:FEMSAUBD, FEMSAUB)) announced it has reached a definitive agreement with AMMI, a

FEMSA Announces Third Quarter 2024 Results

FEMSA Schedules Conference Call to Discuss Third Quarter Financial Results

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