MercadoLibre, Inc. $MELI Stock Bought by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC grew its position in MercadoLibre, Inc. (NASDAQ:MELI) by 68.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,153 shares of the company’s stock after acquiring an additional 1,282 shares during the period. Hohimer Wealth Management LLC’s holdings in MercadoLibre were worth $5,450,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Paragon Advisors LLC grew its stake in MercadoLibre by 17.4% in the third quarter. Paragon Advisors LLC now owns 1,729 shares of the company’s stock valued at $2,989,000 after acquiring an additional 256 shares during the period. Brighton Jones LLC increased its holdings in shares of MercadoLibre by 14.9% in the third quarter. Brighton Jones LLC now owns 719 shares of the company’s stock worth $1,242,000 after acquiring an additional 93 shares in the last quarter. Candriam S.C.A. raised its position in shares of MercadoLibre by 11.8% during the third quarter. Candriam S.C.A. now owns 11,668 shares of the company’s stock worth $20,242,000 after purchasing an additional 1,231 shares during the period. Chapman Investment Management LLC raised its position in shares of MercadoLibre by 189.9% during the third quarter. Chapman Investment Management LLC now owns 3,044 shares of the company’s stock worth $5,262,000 after purchasing an additional 6,431 shares during the period. Finally, Ethic Inc. raised its position in shares of MercadoLibre by 11.4% during the third quarter. Ethic Inc. now owns 926 shares of the company’s stock worth $1,601,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 87.62% of the company’s stock.

Key MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Third-quarter revenue and financial income rose 45% year over year to $10.75 billion, beating estimates; growth was broad-based, with Brazil especially strong and fintech continuing to expand. Mercado Libre Revenue Reaches $10.75 Billion in Q3 2026
• Positive Sentiment: Management is investing in fulfillment capacity, shipping and marketing to attract and retain customers, arguing the spending can support longer-term growth. The company also outlined further fulfillment expansion. MercadoLibre Plunged After Earnings. Here’s Why I’m Not Selling.
• Neutral Sentiment: Some brokers kept positive ratings despite reducing price targets, indicating continued confidence in MELI’s longer-term prospects but greater caution about near-term expectations. Scotiabank analyst rating and price target
• Negative Sentiment: Quarterly EPS of $8.83 missed estimates. Operating income fell 6% to $676 million, and the operating margin narrowed to 6.3% from 9.8% a year earlier as fulfillment, shipping subsidies and marketing costs increased. Investors are concerned that growth is coming at the expense of near-term earnings. MercadoLibre Pays Up to Win Shoppers’ Loyalty
• Negative Sentiment: Reports also cite foreign-exchange exposure and regional political uncertainty, including Brazil’s election aftermath, as risks that could add volatility to results. Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?

Analyst Ratings Changes

MELI has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price objective on MercadoLibre from $1,900.00 to $2,150.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Cantor Fitzgerald lowered their target price on MercadoLibre from $2,200.00 to $2,000.00 and set an “overweight” rating for the company in a research note on Thursday. New Street Research assumed coverage on shares of MercadoLibre in a report on Wednesday, September 23rd. They set a “buy” rating and a $2,450.00 target price on the stock. Raymond James Financial reaffirmed a “strong-buy” rating on shares of MercadoLibre in a research note on Thursday. Finally, Zacks Research upgraded shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $2,198.75.

MercadoLibre Price Performance

MELI stock opened at $1,510.00 on Monday. The stock has a 50-day moving average price of $1,808.01 and a two-hundred day moving average price of $1,804.55. MercadoLibre, Inc. has a 1 year low of $1,469.01 and a 1 year high of $2,342.00. The stock has a market cap of $76.55 billion, a PE ratio of 40.50, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.53.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $8.83 EPS for the quarter, missing analysts’ consensus estimates of $9.27 by ($0.44). The firm had revenue of $10.75 billion during the quarter, compared to the consensus estimate of $10.69 billion. MercadoLibre had a net margin of 4.91% and a return on equity of 25.93%. The business’s revenue for the quarter was up 45.1% on a year-over-year basis. During the same quarter last year, the firm earned $8.32 earnings per share. Equities analysts forecast that MercadoLibre, Inc. will post 38.21 EPS for the current fiscal year.

About MercadoLibre

MercadoLibre, Inc operates an online commerce and financial technology platform focused on Latin America. Founded in Argentina in 1999, the company connects buyers and sellers through its marketplace, where businesses and individuals can list and purchase a wide range of products.

The company’s services also include Mercado Pago, which offers digital payment and financial services for transactions on and off its marketplace. MercadoLibre supports commerce with services such as Mercado Envíos, its shipping and logistics platform, and provides advertising tools for merchants and brands.

MercadoLibre serves customers and businesses across numerous Latin American markets, including Brazil, Mexico and Argentina.