Partners Wealth Management LLC Buys 406 Shares of MercadoLibre, Inc. $MELI

Partners Wealth Management LLC bought a new position in shares of MercadoLibre, Inc. (NASDAQ:MELI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 406 shares of the company’s stock, valued at approximately $702,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MELI. BlackRock Inc. acquired a new stake in shares of MercadoLibre in the second quarter valued at about $2,246,015,000. Jupiter Topco LLC acquired a new position in MercadoLibre during the second quarter worth about $917,123,000. Linonia Partnership LP increased its holdings in MercadoLibre by 325.1% in the second quarter. Linonia Partnership LP now owns 553,788 shares of the company’s stock valued at $939,994,000 after buying an additional 423,527 shares in the last quarter. Royal Bank of Canada increased its holdings in MercadoLibre by 114.2% in the first quarter. Royal Bank of Canada now owns 444,603 shares of the company’s stock valued at $768,728,000 after buying an additional 237,008 shares in the last quarter. Finally, Bank of America Corp DE purchased a new position in MercadoLibre in the second quarter valued at about $291,146,000. 87.62% of the stock is owned by institutional investors and hedge funds.

MercadoLibre News Roundup

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Citigroup upgraded MercadoLibre to Buy, providing a supportive analyst signal and suggesting the bank sees upside potential in the shares. MercadoLibre Raised to Buy at Citigroup
• Positive Sentiment: MercadoLibre received bullish calls in a Wall Street market wrap, indicating that some market participants remain constructive on the Latin American e-commerce and fintech company ahead of its results. Stocktwits Wall Street Wrap
• Neutral Sentiment: Third-quarter results are scheduled for November 4, 2026. MercadoLibre will report results for the quarter ended September 30, making the release the primary upcoming driver for the stock. MercadoLibre to Report Third Quarter 2026 Financial Results
• Negative Sentiment: The stock fell more sharply than the broader market, suggesting company-specific selling pressure rather than simply a broad market move. The decline comes as investors position for the earnings announcement and assess whether expectations are already reflected in MELI’s valuation. MercadoLibre Falls More Steeply Than Broader Market

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Citigroup upgraded shares of MercadoLibre from a “neutral” rating to a “buy” rating and reduced their price target for the company from $2,100.00 to $2,050.00 in a research report on Tuesday, October 27th. Weiss Ratings restated a “hold (c)” rating on shares of MercadoLibre in a report on Tuesday, September 29th. Zacks Research raised MercadoLibre from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Cantor Fitzgerald dropped their price objective on MercadoLibre from $2,300.00 to $2,200.00 and set an “overweight” rating for the company in a research note on Monday, October 12th. Finally, BTIG Research reaffirmed a “buy” rating and set a $2,150.00 price objective on shares of MercadoLibre in a report on Tuesday. Thirteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, MercadoLibre has an average rating of “Moderate Buy” and a consensus target price of $2,248.75.

MercadoLibre Price Performance

MercadoLibre stock opened at $1,624.53 on Friday. MercadoLibre, Inc. has a 52 week low of $1,495.00 and a 52 week high of $2,419.78. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.53. The firm’s 50-day simple moving average is $1,840.65 and its 200 day simple moving average is $1,815.89. The firm has a market capitalization of $82.36 billion, a PE ratio of 44.18, a P/E/G ratio of 1.14 and a beta of 1.31.

MercadoLibre (NASDAQ:MELI) last issued its quarterly earnings data on Thursday, August 6th. The company reported $9.19 EPS for the quarter, beating analysts’ consensus estimates of $8.65 by $0.54. MercadoLibre had a net margin of 5.30% and a return on equity of 26.54%. The firm had revenue of $10.17 billion for the quarter, compared to analysts’ expectations of $9.79 billion. During the same period in the prior year, the company earned $10.31 EPS. The firm’s revenue was up 49.8% on a year-over-year basis. On average, equities research analysts predict that MercadoLibre, Inc. will post 38.09 EPS for the current fiscal year.

MercadoLibre Profile

MercadoLibre, Inc is a technology company that operates an online commerce and financial services ecosystem across Latin America. Founded in 1999 by Marcos Galperin, the company initially developed an online marketplace and has expanded into a broad platform connecting buyers and sellers with businesses and consumers.

Its commerce operations include the MercadoLibre marketplace, where users can purchase and sell products across numerous categories. The company also offers supporting services such as Mercado Envíos for shipping and logistics, Mercado Ads for digital advertising, and tools for merchants to manage their online businesses.

MercadoLibre’s financial technology business is centered on Mercado Pago, which provides digital payment processing, online checkout, money transfer and account services.