Hohimer Wealth Management LLC Purchases 1,282 Shares of MercadoLibre, Inc. $MELI

Hohimer Wealth Management LLC boosted its position in shares of MercadoLibre, Inc. (NASDAQ:MELI) by 68.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,153 shares of the company’s stock after purchasing an additional 1,282 shares during the quarter. Hohimer Wealth Management LLC’s holdings in MercadoLibre were worth $5,450,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MELI. Paragon Advisors LLC lifted its position in MercadoLibre by 17.4% during the 3rd quarter. Paragon Advisors LLC now owns 1,729 shares of the company’s stock valued at $2,989,000 after purchasing an additional 256 shares during the period. Brighton Jones LLC boosted its stake in shares of MercadoLibre by 14.9% in the 3rd quarter. Brighton Jones LLC now owns 719 shares of the company’s stock valued at $1,242,000 after purchasing an additional 93 shares during the last quarter. Candriam S.C.A. grew its position in shares of MercadoLibre by 11.8% during the 3rd quarter. Candriam S.C.A. now owns 11,668 shares of the company’s stock worth $20,242,000 after buying an additional 1,231 shares during the period. Chapman Investment Management LLC grew its position in shares of MercadoLibre by 189.9% during the 3rd quarter. Chapman Investment Management LLC now owns 3,044 shares of the company’s stock worth $5,262,000 after buying an additional 6,431 shares during the period. Finally, Ethic Inc. raised its stake 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 buying an additional 95 shares during the last quarter. 87.62% of the stock is owned by institutional investors.

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?

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MELI shares. Raymond James Financial restated a “strong-buy” rating on shares of MercadoLibre in a report on Thursday. Zacks Research raised shares of MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MercadoLibre in a report on Tuesday, September 29th. Scotiabank dropped their target price on shares of MercadoLibre from $2,800.00 to $2,300.00 and set a “sector outperform” rating for the company in a research report on Thursday. Finally, BTIG Research dropped their target price on shares of MercadoLibre from $2,150.00 to $2,050.00 and set a “buy” rating for the company in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,198.75.

MercadoLibre Stock Performance

NASDAQ:MELI opened at $1,510.00 on Monday. 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, Inc. has a 1-year low of $1,469.01 and a 1-year high of $2,342.00. The firm has a market capitalization of $76.55 billion, a price-to-earnings ratio of 40.50, a PEG ratio of 1.06 and a beta of 1.42. The business’s 50-day moving average price is $1,808.01 and its two-hundred day moving average price is $1,804.55.

MercadoLibre (NASDAQ:MELI) last posted its earnings results on Wednesday, November 4th. The company reported $8.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.27 by ($0.44). The company had revenue of $10.75 billion for the quarter, compared to analyst estimates of $10.69 billion. MercadoLibre had a return on equity of 25.93% and a net margin of 4.91%. MercadoLibre’s quarterly revenue was up 45.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $8.32 earnings per share. On average, equities analysts expect that MercadoLibre, Inc. will post 38.21 earnings per share for the current year.

MercadoLibre Profile

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.