Coca-Cola Femsa (KOF)

• Market cap: $20.6B
• 1 day: -0.44%
• 5 days: -7.70%
• 1 month: -8.65%
• 3 months: -4.20%
• 6 months: 18.22%
• Year to date: 15.19%
• 1 year: 3.80%
• 5 years: 111.78%
• 10 years: 11.28%
• Sector: Consumer Staples
• Industry: Beverages - Non-Alcoholic

About: Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of 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 volume and sales, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Femsa and Coca-Cola hold 47% and 28% economic interests in Coca-Cola Femsa through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the voting power.

Employees: 93,000

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

71% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 24

21% more call options, than puts

Call options by funds: $2.03M | Put options by funds: $1.68M

19% more capital invested

Capital invested by funds: $1.58B [Q4 2024] → $1.88B (+$295M) [Q1 2025]

6% more funds holding

Funds holding: 230 [Q4 2024] → 244 (+14) [Q1 2025]

0.05% more ownership

Funds ownership: 3.86% [Q4 2024] → 3.92% (+0.05%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2024] → 6 (+0) [Q1 2025]

29% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 94

Research analyst outlook

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

• Low target: $113 26% upside
• Avg. target: $113 26% upside
• High target: $113 26% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

UBS Rodrigo Alcantara

26% upside $113

Buy Maintained

8 Jul 2025