Rep. Jonathan L. Jackson Sells Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) Shares

Key Points

• Representative Jonathan L. Jackson sold shares of Fomento Economico Mexicano (NYSE:FMX) for between $1,001 and $15,000 on July 17th, reported in a filing on August 25th.
• Fomento Economico Mexicano recently missed earnings expectations with reported earnings of $0.42 per share, compared to a consensus estimate of $0.91, on revenues of $11.27 billion.
• The company increased its dividend to $1.3625 per share, yielding 6.3%, from a previous quarterly dividend of $0.73.

Representative Jonathan L. Jackson (D-Illinois) recently sold shares of Fomento Economico Mexicano S.A.B. de C.V. NYSE: FMX. In a filing disclosed on August 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fomento Economico Mexicano stock on July 17th. The trade occurred in the Representative's "MORGAN STANLEY - ROLLOVER IRA" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of ARM NASDAQ: ARM on 7/17/2025.
• Purchased $15,001 - $50,000 in shares of International Business Machines NYSE: IBM on 6/3/2025.
• Sold $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 6/3/2025.

Fomento Economico Mexicano Stock Down 3.8%

Fomento Economico Mexicano stock traded down $3.31 during mid-day trading on Wednesday, hitting $83.61. The company had a trading volume of 765,923 shares, compared to its average volume of 1,101,673. The stock's 50 day moving average price is $93.89 and its two-hundred day moving average price is $98.26. The company has a current ratio of 1.34, a quick ratio of 1.06 and a debt-to-equity ratio of 0.42. Fomento Economico Mexicano S.A.B. de C.V. has a 12 month low of $81.07 and a 12 month high of $108.74. The company has a market capitalization of $29.91 billion, a PE ratio of 28.44, a price-to-earnings-growth ratio of 5.07 and a beta of 0.70.

Fomento Economico Mexicano (NYSE:FMX - Get Free Report) last announced its quarterly earnings results on Monday, July 28th. The company reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.91 by ($0.49). Fomento Economico Mexicano had a return on equity of 5.32% and a net margin of 2.60%.The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $216.71 billion. As a group, sell-side analysts anticipate that Fomento Economico Mexicano S.A.B. de C.V. will post 5.32 earnings per share for the current fiscal year.

Fomento Economico Mexicano Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 28th. Investors of record on Thursday, July 17th were given a dividend of $1.3625 per share. This is a boost from Fomento Economico Mexicano's previous quarterly dividend of $0.73. The ex-dividend date of this dividend was Thursday, July 17th. This represents a $5.45 dividend on an annualized basis and a yield of 6.5%. Fomento Economico Mexicano's dividend payout ratio is 74.83%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FMX. Morgan Stanley reissued an "equal weight" rating and issued a $97.00 price objective (down from $132.00) on shares of Fomento Economico Mexicano in a research note on Tuesday, August 19th. UBS Group lifted their price target on shares of Fomento Economico Mexicano from $112.00 to $115.00 and gave the stock a "neutral" rating in a report on Thursday, July 10th. Finally, Barclays cut their price target on shares of Fomento Economico Mexicano from $110.00 to $107.00 and set an "equal weight" rating on the stock in a report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Fomento Economico Mexicano presently has an average rating of "Hold" and an average price target of $105.16.

Institutional Trading of Fomento Economico Mexicano

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd acquired a new position in Fomento Economico Mexicano during the first quarter worth about $29,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Fomento Economico Mexicano by 2,006.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 337 shares of the company's stock worth $35,000 after buying an additional 321 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Fomento Economico Mexicano by 41.4% in the second quarter. Farther Finance Advisors LLC now owns 369 shares of the company's stock valued at $38,000 after buying an additional 108 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in Fomento Economico Mexicano in the 2nd quarter valued at approximately $40,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Fomento Economico Mexicano by 42.5% in the second quarter. Tower Research Capital LLC TRC now owns 439 shares of the company's stock valued at $45,000 after buying an additional 131 shares during the period. Institutional investors and hedge funds own 61.00% of the company's stock.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

Fomento Economico Mexicano Company Profile

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.