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 around 90% of profits in 2023.
Employees: 392,000
0
Funds holding %
of 7,363 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
63% more call options, than puts
Call options by funds: $6.85M | Put options by funds: $4.19M
25% more funds holding in top 10
Funds holding in top 10: 8 [Q3] → 10 (+2) [Q4]
0.05% less ownership
Funds ownership: 3.18% [Q3] → 3.13% (-0.05%) [Q4]
9% less funds holding
Funds holding: 310 [Q3] → 283 (-27) [Q4]
14% less capital invested
Capital invested by funds: $6.71B [Q3] → $5.75B (-$956M) [Q4]
31% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 125
42% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 53
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$98
1%
downside
Avg. target
$100
2%
upside
High target
$102
4%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Barclays Benjamin Theurer 41% 1-year accuracy 14 / 34 met price target | 4%upside $102 | Equal-Weight Maintained | 4 Mar 2025 |
Goldman Sachs Thiago Bortoluci 33% 1-year accuracy 1 / 3 met price target | 1%downside $98 | Buy Maintained | 28 Jan 2025 |
Financial journalist opinion
Based on 8 articles about FMX published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
FEMSA Announces the date for its Annual Shareholders' Meeting
MONTERREY, Mexico, March 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces it will hold its Annual Ordinary Shareholders' Meeting on April 11, 2025, in Monterrey, Nuevo Leon, Mexico (the “Shareholders' Meeting”). A copy of the formal call for the Shareholders' Meeting is available in the following link: https://femsa.gcs-web.com/shareholder-meeting-information.
Neutral
Seeking Alpha
1 week ago
FEMSA Languishing As Consumer Activity Slows And Capex Deployments Continue
FEMSA shares have underperformed on weak store traffic numbers, and Mexican consumer spending is a key concern for 2025. Despite challenges, FEMSA's Q4 results exceeded expectations, with strong revenue, gross margin, and EBITDA growth across most business segments. Continued investments in store expansion, including into the U.S. market, and digital offerings are expected to support long-term growth, though they compress near-term free cash flow.
Neutral
Seeking Alpha
1 week ago
FEMSA: Q4 Rebound In Proximity America's Growth Is Encouraging - Maintain Buy Rating
Worries about stunted growth in FEMSA's OXXO convenience store chain were eased, as the Q4 report indicated a rebound. While Mexican stocks are not popular right now due to U.S. trade tariff concerns, FEMSA should have minimal direct exposure to any tariffs. Management is interested in increasing leverage, which is not only an indication of increased shareholder returns, but also management confidence.
Positive
Zacks Investment Research
1 week ago
FEMSA Q4 Earnings Decline Y/Y, Positive Business Trends Aid Revenues
FMX's fourth-quarter results reflect gains across all business units and favorable currency rates, as well as improved margins.
Neutral
Seeking Alpha
1 week ago
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q4 2024 Earnings Call Transcript
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Juan Fonseca - Director, Investor Relations José Antonio Fernández Carbajal - Chief Executive Officer & Chairman Martin Arias - Chief Financial Officer Jorge Collazo - Coca-Cola, Investor Relations Conference Call Participants Ricardo Alves - Morgan Stanley Lisa Lane - Bank of America Hector Maya - Scotiabank Rodrigo Alcantara - UBS Renata Cabral - Citibank Ulises Argote - Santander Ben Theurer - Barclays Operator Good day, and welcome to today's FEMSA's Fourth Quarter 2024 Results Conference Call.
Neutral
GlobeNewsWire
1 week ago
FEMSA Announces Fourth Quarter and Full Year 2024 Results
MONTERREY, Mexico, Feb. 27, 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 fourth quarter and full year of 2024.
Positive
Zacks Investment Research
2 weeks ago
Are These 5 Beverage Stocks Poised for Earnings Beat This Season?
The beverage industry players are expected to have gained from expansion, pricing and solid demand, but inflation and currency woes are likely to have posed challenges.
Neutral
GlobeNewsWire
3 weeks ago
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results
MONTERREY, Mexico, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Fourth Quarter and Full Year 2024 Conference Call that will be held on:
Positive
Zacks Investment Research
1 month ago
FEMSA Stock Declines 36% in a Year: Buy the Dip or Wait for Now?
FMX remains on track for growth on effective growth strategies and strong market demand. It is progressing well on the FEMSA Forward Strategy.
Positive
Zacks Investment Research
2 months ago
FMX Divests Plastics Solutions to AMMI, Progresses Well on Forward Plan
Fomento progresses smoothly on its Forward plan. The company divests its plastics solutions operations to AMMI.
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