Fomento Economico Mexicano (NYSE:FMX) Stock: Insider Ortiz Alejandro Gil Sells 13,000 Shares

November 11, 2026 by InsiderTrades.com

Key Points

General Counsel Ortiz Alejandro Gil sold 13,000 shares for $165,490, reducing his direct stake by 23.01% to 43,506 shares.
Fomento Economico Mexicano beat quarterly estimates, reporting EPS of $1.10 versus $1.04 expected and revenue of $13.03 billion versus $12.84 billion expected.
The company lowered its quarterly dividend from $1.8270 to $1.7804 per share; analysts’ consensus rating is “Moderate Buy,” with a $142.17 average price target.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX - Get Free Report) General Counsel Ortiz Alejandro Gil sold 13,000 shares of the firm's stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $12.73, for a total value of $165,490.00. Following the transaction, the general counsel directly owned 43,506 shares of the company's stock, valued at approximately $553,831.38. This trade represents a 23.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fomento Economico Mexicano Stock Up 1.0%

Coca-Cola EuroPacific Partners is a tasty play on Coke

Shares of NYSE:FMX opened at $132.60 on Wednesday. The company has a current ratio of 1.15, a quick ratio of 0.87 and a debt-to-equity ratio of 0.41. The stock has a fifty day simple moving average of $122.31 and a two-hundred day simple moving average of $119.21. Fomento Economico Mexicano S.A.B. de C.V. has a 12-month low of $92.55 and a 12-month high of $141.47. The stock has a market capitalization of $45.82 billion, a price-to-earnings ratio of 33.92, a PEG ratio of 0.70 and a beta of 0.44.

Fomento Economico Mexicano (NYSE:FMX - Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.04 by $0.06. Fomento Economico Mexicano had a return on equity of 7.71% and a net margin of 3.98%. The firm had revenue of $13.03 billion for the quarter, compared to analysts' expectations of $12.84 billion. On average, research analysts anticipate that Fomento Economico Mexicano S.A.B. de C.V. will post 6.32 earnings per share for the current fiscal year.

Fomento Economico Mexicano Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Wednesday, October 14th were paid a $1.7804 dividend. This represents a $7.12 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Wednesday, October 14th. This is a negative change from Fomento Economico Mexicano's previous quarterly dividend of $1.8270. Fomento Economico Mexicano's dividend payout ratio (DPR) is presently 40.38%.

Analysts Set New Price Targets

A number of analysts have weighed in on FMX shares. Deutsche Bank Aktiengesellschaft set a $150.00 price objective on shares of Fomento Economico Mexicano in a research note on Tuesday, August 4th. Weiss Ratings upgraded shares of Fomento Economico Mexicano from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, September 4th. Zacks Research cut shares of Fomento Economico Mexicano from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. JPMorgan Chase & Co. upgraded shares of Fomento Economico Mexicano from a "neutral" rating to an "overweight" rating and increased their price target for the company from $126.00 to $151.00 in a report on Friday, October 16th. Finally, Barclays raised their price target on shares of Fomento Economico Mexicano from $138.00 to $140.00 and gave the company an "equal weight" rating in a research report on Tuesday, November 3rd. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $142.17.

Get Our Latest Research Report on FMX

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Advisor Group LLC bought a new stake in Fomento Economico Mexicano in the 3rd quarter worth about $247,000. Boston Partners raised its position in Fomento Economico Mexicano by 60.7% in the 3rd quarter. Boston Partners now owns 18,674 shares of the company's stock worth $2,214,000 after buying an additional 7,057 shares during the last quarter. OneAscent Family Office LLC lifted its stake in Fomento Economico Mexicano by 66.6% during the 3rd quarter. OneAscent Family Office LLC now owns 3,194 shares of the company's stock valued at $379,000 after acquiring an additional 1,277 shares during the period. Bessemer Group Inc. lifted its stake in Fomento Economico Mexicano by 41.5% during the 3rd quarter. Bessemer Group Inc. now owns 447 shares of the company's stock valued at $53,000 after acquiring an additional 131 shares during the period. Finally, Diversified Trust Co lifted its stake in Fomento Economico Mexicano by 78.5% during the 3rd quarter. Diversified Trust Co now owns 16,498 shares of the company's stock valued at $1,956,000 after acquiring an additional 7,258 shares during the period. 61.00% of the stock is owned by institutional investors.

Fomento Economico Mexicano Company Profile

(Get Free Report)

Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a Mexican company with businesses in beverage production and retail. Its Coca-Cola FEMSA subsidiary produces, markets and distributes Coca-Cola products under franchise agreements, serving customers in Mexico and other Latin American markets. FEMSA also operates OXXO convenience stores and other retail businesses across Latin America. Its activities include pharmacy and fuel retailing, as well as digital and financial services through platforms such as Spin by OXXO.