<div id="readability-page-1"><p>ABS Direct Equity Fund LLC boosted its holdings in shares of  Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX - Free Report) by 37.6% during the third quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 90,250 shares of the company's stock after purchasing an additional 24,650 shares during the quarter. Fomento Economico Mexicano comprises about  12.7% of ABS Direct Equity Fund LLC's investment portfolio, making the stock its largest position. ABS Direct Equity Fund LLC's holdings in Fomento Economico Mexicano were worth $8,901,000 at the end of the most recent quarter.</p><ul><li>Coca-Cola EuroPacific Partners is a tasty play on Coke</li></ul><p>Other institutional investors have also bought and sold shares of the company. Citigroup Inc. grew its stake in shares of  Fomento Economico Mexicano by 309.6% in the 2nd quarter. Citigroup Inc. now owns 1,714,895 shares of the company's stock worth $176,600,000 after buying an additional 1,296,194 shares in the last quarter.  AQR Capital Management LLC lifted its holdings in shares of  Fomento Economico Mexicano by 11,692.3% in the 2nd quarter. AQR Capital Management LLC now owns 716,029 shares of the company's stock valued at $73,171,000 after acquiring an additional 709,957 shares during the last quarter.  Itau Unibanco Holding S.A. grew its position in  Fomento Economico Mexicano by 105.4% in the first quarter. Itau Unibanco Holding S.A. now owns 1,112,036 shares of the company's stock worth $106,139,000 after acquiring an additional 570,640 shares in the last quarter.  Altrinsic Global Advisors LLC grew its position in  Fomento Economico Mexicano by 52.4% in the second quarter. Altrinsic Global Advisors LLC now owns 944,824 shares of the company's stock worth $97,298,000 after acquiring an additional 324,781 shares in the last quarter.  Finally, Strs Ohio bought a new stake in  Fomento Economico Mexicano during the first quarter worth approximately $28,718,000. Institutional investors own  61.00% of the company's stock. </p><h2>Fomento Economico Mexicano Stock Performance</h2><p>Shares of Fomento Economico Mexicano stock opened at $100.19 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.90 and a debt-to-equity ratio of 0.50. The stock's fifty day moving average price is $96.69 and its 200-day moving average price is $95.89. The firm has a market cap of $35.85 billion, a P/E ratio of 40.40, a P/E/G ratio of 5.07 and a beta of 0.47. 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. </p><p>Fomento Economico Mexicano (NYSE:FMX - Get Free Report) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.88 earnings per share for the quarter, missing analysts' consensus estimates of $1.06 by ($0.18). Fomento Economico Mexicano had a return on equity of 5.01% and a net margin of 2.09%.The business had revenue of $11.72 billion during the quarter, compared to analysts' expectations of $215.60 billion.  On average, equities research analysts expect that  Fomento Economico Mexicano S.A.B. de C.V. will post 5.32 earnings per share for the current fiscal year. </p><h2>Fomento Economico Mexicano Increases Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 27th. Stockholders of record on Thursday, October 16th were paid a dividend of $1.9982 per share. This is a boost from Fomento Economico Mexicano's previous quarterly dividend of $1.36. This represents a $7.99 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Thursday, October 16th. Fomento Economico Mexicano's payout ratio is 90.32%. </p><h2>Analyst Ratings Changes</h2><p>Several research firms have recently issued reports on FMX. Citigroup raised Fomento Economico Mexicano from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and raised their price objective for the company from $93.00 to $97.00 in a research note on Tuesday, September 9th. Weiss Ratings  restated a &#34;hold (c-)&#34; rating on shares of Fomento Economico Mexicano in a report on Wednesday, October 8th. JPMorgan Chase &amp; Co. lifted their price objective on shares of Fomento Economico Mexicano from $96.00 to $102.00 and gave the stock a &#34;neutral&#34; rating in a research note on Monday, October 20th. UBS Group upgraded shares of Fomento Economico Mexicano from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and cut their price objective for the company from $115.00 to $111.00 in a research report on Friday, September 19th. Finally, Zacks Research upgraded shares of Fomento Economico Mexicano from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and five have assigned  a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and an average target price of $101.63.</p><p><b>Check Out Our Latest Stock Report on FMX</b></p><h2>About Fomento Economico Mexicano</h2> (Free Report)<p>Fomento Económico Mexicano, SAB. de C.V. (FEMSA) is a Mexican multinational company active primarily in the retail and beverage sectors. Headquartered in Monterrey, Mexico, FEMSA's operations span convenience store retailing, beverage bottling and distribution, and related logistics and consumer services. The company's business model combines high-frequency retail outlets with large-scale beverage production and a regional supply chain network.  </p><p>FEMSA Comercio, the company's retail arm, operates a large chain of convenience stores under the OXXO brand and has expanded its retail footprint with complementary formats and services.</p><h2>Read More</h2><ul><li>Five stocks we like better than Fomento Economico Mexicano</li><li>Investing in Construction Stocks</li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>Best Stocks Under $5.00</li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li><li>What Investors Must Know About Over-the-Counter (OTC) Stocks</li><li>4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More</li></ul><p><strong>Want to see what other hedge funds are holding FMX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZNWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZNWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fomento Economico Mexicano Right Now?</h2><p>Before you consider Fomento Economico Mexicano, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fomento Economico Mexicano wasn't on the list.</p><p>While Fomento Economico Mexicano currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>ABS Direct Equity Fund LLC increased its holdings in Fomento Economico Mexicano by 37.6% in Q3, making it their largest position. Other institutional investors like Citigroup and AQR Capital also increased their stakes. The stock opened at $100.19 with a market cap of $35.85 billion. Analysts have mixed ratings, with some upgrading to 'buy' and others maintaining 'hold'. The company reported lower-than-expected earnings but increased its dividend.</p>

Fomento Economico Mexicano S.A.B. de C.V. $FMX is ABS Direct Equity Fund LLC's Largest Position