Coca-Cola Femsa
About: Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through modern trade, traditional trade and the on-premises channel. Mexico and Brazil make up 80% of total volumes and sales, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting power.
Employees: 116,719
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
429% more call options, than puts
Call options by funds: $3.79M | Put options by funds: $716K
20% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]
0.28% less ownership
Funds ownership: 4.14% [Q3] → 3.86% (-0.28%) [Q4]
5% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 37
3% less funds holding
Funds holding: 233 [Q3] → 227 (-6) [Q4]
18% less capital invested
Capital invested by funds: $1.92B [Q3] → $1.58B (-$341M) [Q4]
37% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 97
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JP Morgan Lucas Ferreira 50% 1-year accuracy 1 / 2 met price target | 17%upside $110 | Overweight Maintained | 11 Apr 2025 |
Barclays Benjamin Theurer 53% 1-year accuracy 18 / 34 met price target | 12%upside $105 | Overweight Maintained | 4 Mar 2025 |
Financial journalist opinion
