# Fomento Económico Mexicano, S.A.B. de C.V. (FMX)

> Source: Nexqual · https://nexqual.com/FMX · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Fomento Económico Mexicano, S.A.B. de C.V. (FMX), nexqual.com/FMX" · informational, not investment advice.

**Price:** USD 129.03 (+0.82% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 127.98 · day 127.26–129.21 · 52w 90.87–141.47 · market cap $44.0B · NYQ

## Key facts
- 2 of 80 tracked superinvestors hold FMX (13F, Q2 2026): 0 new, 1 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.40 on a 1–5 scale) (15 analysts), mean target USD 134.93 (range 111–152).
- Total return with dividends: 1Y +39.6% vs S&P 500 +14.9%; 5Y +82.8% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 1.12, revenue estimate $231B.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold FMX. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 2.78% | $1.66B | Added +0.8% |
| Bill Nygren | Oakmark Funds | 0.26% | $197M | Reduced -31.3% |

## Analysts
Consensus Buy (mean 2.40 on a 1–5 scale), 15 analysts; mean target USD 134.93 (low 111, high 152).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | JP Morgan | Target raised | Overweight | $126 → $151 |
| 2026-10-01 | UBS | Target lowered | Neutral | $139 → $130 |
| 2026-08-06 | UBS | Downgrade | Buy → Neutral | $139 |
| 2026-08-04 | B of A Securities | Upgrade | Neutral → Buy | $125 → $150 |
| 2026-07-14 | Barclays | Target raised | Equal-Weight | $125 → $130 |
| 2026-06-26 | JP Morgan | Target raised | Overweight | $117 → $126 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +39.6% | +82.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +39.8% | +12.8% |
| Volatility (annualized) | 24.4% | 26.6% |
| Max drawdown | -12.8% (Jul 2026→Oct 2026) | -41.1% (Feb 2024→Dec 2024) |

## Peers (Beverages - Brewers)
ABEV (Ambev S.A.) USD 3.33 +1.83% · STZ (Constellation Brands, Inc.) USD 138.98 +5.27% · BUD (Anheuser-Busch Inbev SA Sponsor) USD 85.49 +3.89% · TAP-A (Molson Coors Beverage Company) USD 42.54 -8.93% · SAM (Boston Beer Company, Inc. (The)) USD 195.72 +7.65%

## More
Full page: https://nexqual.com/FMX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.12 | $1.05 | +6.2% | $230.61B | 4 |
| Next quarter (ends 2026-12-31) | $1.61 | $1.45 | +11.5% | $238.49B | 4 |
| Current fiscal year (ends 2026-12-31) | $5.65 | $5.70 | -0.9% | $905.31B | 6 |
| Next fiscal year (ends 2027-12-31) | $5.16 | $5.27 | -2.1% | $974.86B | 6 |