MercadoLibre, Inc. $MELI is Hardman Johnston Global Advisors LLC's 4th Largest Position

Key Points

• Hardman Johnston cut its stake in MercadoLibre by 1.1% to 76,741 shares, making the stock about 7.4% of its portfolio and its 4th largest position, valued at roughly $154.6 million; institutional investors own about 87.6% of the stock.
• Wall Street holds a consensus Moderate Buy with an average price target of $2,695.33, but several analysts have trimmed targets to ~$2,400 and JPMorgan downgraded to Neutral with a $2,100 target, reflecting mixed near-term sentiment.
• Shares opened near $1,774 with a market cap around $90B; MercadoLibre reported quarterly EPS of $11.03 on $8.76B revenue and is accelerating logistics and AI investments that could drive growth but pressure near‑term margins, while discontinuing its Mercado Coin crypto.

Hardman Johnston Global Advisors LLC cut its holdings in MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 76,741 shares of the company's stock after selling 833 shares during the quarter. MercadoLibre makes up about 7.4% of Hardman Johnston Global Advisors LLC's investment portfolio, making the stock its 4th largest position. Hardman Johnston Global Advisors LLC owned approximately 0.15% of MercadoLibre worth $154,576,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in MercadoLibre in the second quarter worth about $29,000. Steigerwald Gordon & Koch Inc. bought a new position in MercadoLibre in the third quarter worth about $35,000. Caitong International Asset Management Co. Ltd bought a new position in MercadoLibre in the third quarter worth about $35,000. Cullen Frost Bankers Inc. raised its holdings in MercadoLibre by 100.0% in the third quarter. Cullen Frost Bankers Inc. now owns 16 shares of the company's stock worth $37,000 after purchasing an additional 8 shares in the last quarter. Finally, Holos Integrated Wealth LLC bought a new position in MercadoLibre in the fourth quarter worth about $32,000. 87.62% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MELI shares. Cantor Fitzgerald reduced their target price on shares of MercadoLibre from $2,750.00 to $2,400.00 and set an "overweight" rating for the company in a report on Wednesday, February 25th. Wedbush reduced their target price on shares of MercadoLibre from $2,600.00 to $2,400.00 and set an "outperform" rating for the company in a report on Wednesday, February 25th. BTIG Research reduced their target price on shares of MercadoLibre from $2,650.00 to $2,400.00 and set a "buy" rating for the company in a report on Friday, March 20th. JPMorgan Chase & Co. downgraded shares of MercadoLibre from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $2,650.00 to $2,100.00 in a report on Thursday, March 12th. Finally, Itau BBA Securities reiterated an "outperform" rating on shares of MercadoLibre in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, MercadoLibre currently has a consensus rating of "Moderate Buy" and an average price target of $2,695.33.

MercadoLibre Stock Performance

Shares of MercadoLibre stock opened at $1,773.96 on Monday. The firm has a market capitalization of $89.94 billion, a P/E ratio of 45.02, a PEG ratio of 0.93 and a beta of 1.49. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average price of $1,814.99 and a 200 day moving average price of $2,013.83. MercadoLibre, Inc. has a 52 week low of $1,593.21 and a 52 week high of $2,645.22.

MercadoLibre (NASDAQ:MELI - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The company reported $11.03 EPS for the quarter. The firm had revenue of $8.76 billion during the quarter. MercadoLibre had a net margin of 6.91% and a return on equity of 33.73%. Sell-side analysts expect that MercadoLibre, Inc. will post 43.96 EPS for the current year.

More MercadoLibre News

Here are the key news stories impacting MercadoLibre this week:

• Positive Sentiment: Jefferies upgraded MELI to a Buy, giving the stock near-term analyst support that can attract fresh demand from institutional and retail buyers. MercadoLibre NASDAQ: MELI Raised to Buy at Jefferies Financial Group
• Positive Sentiment: MercadoLibre’s logistics push is accelerating delivery speed and platform activity, which supports GMV and revenue growth potential even if it compresses margins in the near term. MELI's Shipping Investments Accelerate Volume: Is Growth Sustainable?
• Neutral Sentiment: MercadoLibre is investing heavily in AI — a long-term positive for unit economics and differentiation but costly now; investors will watch execution and ROI timelines. MercadoLibre Is Investing Heavily in AI. Will This Bet Pay Off for the Stock in 2026 and Beyond?
• Neutral Sentiment: Mercado Pago is discontinuing its Mercado Coin cryptocurrency and refocusing on the Meli Dólar stablecoin and fintech use cases — a strategic reset that reduces crypto volatility risk but may disrupt loyalty mechanics. MercadoLibre Refocuses From Mercado Coin To Meli Dolar And Fintech Use
• Neutral Sentiment: Reported short-interest data shows no meaningful short position (data oddity/zero change), so short-covering is unlikely to be a major driver of intraday moves.
• Negative Sentiment: Multiple analyst pieces highlight that MELI’s rapid ecosystem expansion is coming with rising costs and margin pressure, tempering near-term momentum and keeping earnings leverage uncertain. MercadoLibre Balances Scale and Profitability: Hold or Fold the Stock?

MercadoLibre Company Profile

MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.

Key offerings include its marketplace platform and a suite of logistics and payment services.

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