Fomento Económico Mexicano (FMX)

• Market cap: $171B
• 1 day: 1.75%
• 5 days: 2.68%
• 1 month: 2.12%
• 3 months: 17.82%
• 6 months: -0.15%
• Year to date: 15.23%
• 1 year: -21.46%
• 5 years: 64.71%
• 10 years: 3.35%
• Sector: Consumer Staples
• Industry: Beverages - Brewers

Fund manager confidence

Based on 2024 Q4 regulatory disclosures 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]

0.1% more ownership

Funds ownership: 3.04% [Q3] → 3.13% (+0.1%) [Q4]

8% less funds holding

Funds holding: 309 [Q3] → 285 (-24) [Q4]

10% less capital invested

Capital invested by funds: $6.4B [Q3] → $5.75B (-$649M) [Q4]

30% less repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 124

38% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 53

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $98 1% downside
• Avg. target: $102 4% upside
• High target: $107 9% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

UBS Rodrigo Alcantara 50% 1-year accuracy 1 / 2 met price target	9% upside $107	Neutral Maintained	14 Mar 2025
Barclays Benjamin Theurer 34% 1-year accuracy 12 / 35 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