Fomento Económico MexicanoFMX
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: 388,999
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
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
UBS Rodrigo Alcantara 100% 1-year accuracy 2 / 2 met price target | 2%upside $107 | Neutral Maintained | 14 Mar 2025 |
Barclays Benjamin Theurer 53% 1-year accuracy 18 / 34 met price target | 3%downside $102 | Equal-Weight Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 8 articles about FMX published over the past 30 days









