Sumitomo Mitsui Trust Group Inc. Trims Stake in MercadoLibre, Inc. $MELI

Key Points

• Sumitomo Mitsui Trust Group trimmed its position in MercadoLibre by 8.9% in Q4, selling 18,877 shares and holding 193,663 shares worth about $390.09 million at period end.
• Analyst consensus is a Moderate Buy with a mean target of $2,695.33, but multiple brokers (including Morgan Stanley, JPMorgan, BTIG and Cantor Fitzgerald) have recently reduced their price targets.
• Shares trade near $1,774 with a market cap of about $89.9 billion and a P/E of 45.02; the company reported $11.03 EPS and $8.76 billion in revenue for the quarter while facing near-term margin pressure from logistics and AI investments.

Sumitomo Mitsui Trust Group Inc. lowered its position in shares of MercadoLibre, Inc. (NASDAQ:MELI - Free Report) by 8.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 193,663 shares of the company's stock after selling 18,877 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.38% of MercadoLibre worth $390,088,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bison Wealth LLC bought a new stake in shares of MercadoLibre in the 4th quarter valued at about $206,000. Empowered Funds LLC lifted its stake in shares of MercadoLibre by 6.9% in the 1st quarter. Empowered Funds LLC now owns 760 shares of the company's stock valued at $1,483,000 after acquiring an additional 49 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of MercadoLibre by 42.0% in the 1st quarter. Focus Partners Wealth now owns 602 shares of the company's stock valued at $1,176,000 after acquiring an additional 178 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of MercadoLibre in the 2nd quarter valued at about $261,000. Finally, Gamco Investors INC. ET AL lifted its stake in shares of MercadoLibre by 21.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 170 shares of the company's stock valued at $444,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 87.62% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Morgan Stanley reduced their price target on MercadoLibre from $2,800.00 to $2,600.00 and set an "overweight" rating on the stock in a report on Monday, March 9th. Zacks Research upgraded MercadoLibre from a "strong sell" rating to a "hold" rating in a report on Friday, February 6th. JPMorgan Chase & Co. downgraded MercadoLibre from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $2,650.00 to $2,100.00 in a report on Thursday, March 12th. BTIG Research reduced their target price on MercadoLibre from $2,650.00 to $2,400.00 and set a "buy" rating on the stock in a report on Friday, March 20th. Finally, Cantor Fitzgerald reduced their target price on MercadoLibre from $2,750.00 to $2,400.00 and set an "overweight" rating on the stock in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $2,695.33.

Trending Headlines about MercadoLibre

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 Stock Down 1.1%

MELI stock opened at $1,773.96 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.15 and a current ratio of 1.17. The company has a market capitalization of $89.94 billion, a price-to-earnings ratio of 45.02, a price-to-earnings-growth ratio of 0.93 and a beta of 1.49. The business's 50 day moving average price is $1,814.99 and its two-hundred day moving average price is $2,017.31. MercadoLibre, Inc. has a fifty-two week low of $1,593.21 and a fifty-two week high of $2,645.22.

MercadoLibre (NASDAQ:MELI - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported $11.03 earnings per share for the quarter. The company had revenue of $8.76 billion for the quarter. MercadoLibre had a return on equity of 33.73% and a net margin of 6.91%. As a group, analysts forecast that MercadoLibre, Inc. will post 43.96 earnings per share for the current fiscal year.

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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